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Destin

Why you'd want to live in Destin

Destin sits on the Florida Panhandle on the Gulf of Mexico and is home to stunning white sandy beaches, emerald green water, and often referred to as the “World’s Luckiest Fishing Village”. Destin is a top destination on Florida's Emerald Coast, drawing 5 million visitors every year, and over 62% of those who stay overnight book vacation homes and condos. Picking up a place in Destin will cost around $525,000, but the return is roughly $51,000 annually at a cap rate of 5.32%. This beach town is known for its plentiful fishing, challenging golf courses, mouth-watering seafood restaurants, and incredible Gulf views. Destin Florida offers a wide variety of activities including parasailing, watersports, dolphin cruises, aquariums, theme parks, and more. Explore all this beautiful area has to offer. DestinFlorida.com has everything you need to book your next vacation. Browse vacation rentals and condos, view our list of world renowned restaurants, and book any adventure or activity to create the perfect visit to Destin. via destinflorida.com

Destin Market Report

$1,210,001

AVERAGE PRICE OF 663 HOMES

$2,046,110

AVERAGE PRICE OF 286 MULTI-MILLION DOLLAR HOMES

$1,439,897

AVERAGE PRICE OF 164 NEWLY BUILT HOMES

$1,308,128

AVERAGE PRICE OF 543 HOMES WITH A POOL

$1,093,211

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $1,210,001
Avg Bedrooms 2.95 beds
Avg Bathrooms 2.99 baths

Average Price by Bedrooms

1 bedroom $439,501
2 bedrooms $614,046
3 bedrooms $1,168,877
4 bedrooms $1,858,149
5 bedrooms $2,750,524
Destin Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 625 617 620 575 578
Average Price $1,134,571 $1,151,198 $1,156,201 $1,210,584 $1,252,486
Avg Price Change -1.47% -0.43% -4.70% -3.46% -0.14%
Median Price $781,999 $783,625 $777,851 $822,950 $854,013
Med Price Change -0.21% +0.74% -5.80% -3.77% +0.89%
Avg Bedrooms 2.92 beds 2.95 beds 2.96 beds 2.98 beds 3 beds
Avg Bathrooms 2.91 baths 2.94 baths 2.95 baths 3 baths 3.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Destin 290 $1,199,325 88 days
Fort Walton Beach 366 $1,216,225 308 days
Freeport 1 $615,000 94 days
South Walton 6 $1,445,500 49 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 663 $1,210,001 209 days
Multi-Million Dollar Homes 286 $2,046,110 280 days
Newly Built Homes 164 $1,439,897 537 days
Homes with a Pool 543 $1,308,128 232 days
Reduced Price Homes 19 $1,093,211 102 days
Property Management International - Destin
Peter Mohylsky
755 Grand Blvd, suite B-105, PMB #20
Miramar Beach, FL 32550
850-517-7098
athome30a.com

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated May 29, 2023

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Vendor Member Number: 28179