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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

$1,120,681

AVERAGE PRICE OF 828 HOMES

$1,049,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,201,880

AVERAGE PRICE OF 285 MULTI-MILLION DOLLAR HOMES

$2,066,346

AVERAGE PRICE OF 91 NEWLY BUILT HOMES

$1,150,529

AVERAGE PRICE OF 726 HOMES WITH A POOL

$853,546

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $1,120,681
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $416,952
2 bedrooms $560,461
3 bedrooms $1,134,293
4 bedrooms $1,656,293
5 bedrooms $2,511,151
Destin Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 813 805 751 701 672
Average Price $1,115,635 $1,113,202 $1,121,909 $1,150,007 $1,161,420
Avg Price Change +0.22% -0.78% -2.50% -0.99% -2.38%
Median Price $696,503 $708,356 $721,100 $727,655 $729,666
Med Price Change -1.70% -1.80% -0.91% -0.28% -12.94%
Avg Bedrooms 2.86 beds 2.86 beds 2.87 beds 2.9 beds 2.88 beds
Avg Bathrooms 2.84 baths 2.83 baths 2.84 baths 2.88 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Destin 470 $1,031,958 134 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 828 $1,120,681 207 days
Distressed Homes 2 $1,049,500 283 days
Multi-Million Dollar Homes 285 $2,201,880 373 days
Newly Built Homes 91 $2,066,346 901 days
Homes with a Pool 726 $1,150,529 218 days
Reduced Price Homes 47 $853,546 126 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 June 21, 2024

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