US5.com
  1. Home
  2. States
  3. Florida
  4. ZIP 32578
  5. Housing & Real Estate
Niceville city, FL

ZIP 32578 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 32578

Median Home Value
$414,900
Median Rent
$1,475
Affordability Snapshot
$114,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,665/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 32578 in Niceville city, FL, a household would need roughly $114,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,665. That is roughly in line with the local median household income ($105,858). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
78.0%+19% vs US avg
x
Vacancy Rate
7.9%-23% vs US avg
x
Broadband Access
94.3%+8% vs US avg
x
4+ Bedrooms
5.1%-65% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
23.2%-53% vs US avg
x
Mortgage-Free
37.8%-1% vs US avg
x
$414,900
Home Value
$1,475
Rent
1989
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached82.3%
  • 1-unit attached3.9%
  • 2-9 units6.5%
  • 10+ units4.9%
  • Mobile home & other2.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$414,900
Median rent$1,475
Owner-occupied78.0%
Vacant7.9%
Price-to-income3.9x
Est. income to buy$114,000