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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

$1,208,014

AVERAGE PRICE OF 706 HOMES

$2,105,685

AVERAGE PRICE OF 288 MULTI-MILLION DOLLAR HOMES

$1,669,681

AVERAGE PRICE OF 131 NEWLY BUILT HOMES

$1,248,027

AVERAGE PRICE OF 597 HOMES WITH A POOL

$905,050

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price $1,208,014
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $453,176
2 bedrooms $602,415
3 bedrooms $1,132,683
4 bedrooms $1,702,271
5 bedrooms $3,207,414
Destin Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 674 672 670 640 625
Average Price $1,254,969 $1,236,333 $1,210,045 $1,188,406 $1,134,571
Avg Price Change +1.51% +2.17% +1.82% +4.74% -1.47%
Median Price $869,248 $866,968 $836,270 $837,725 $781,999
Med Price Change +0.26% +3.67% -0.17% +7.13% -0.21%
Avg Bedrooms 3.03 beds 2.99 beds 2.95 beds 2.95 beds 2.92 beds
Avg Bathrooms 3.05 baths 3.04 baths 3 baths 2.99 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Destin 367 $1,163,051 107 days
Fort Walton Beach 332 $1,271,278 310 days
Freeport 1 $615,000 212 days
South Walton 6 $556,483 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 706 $1,208,014 202 days
Multi-Million Dollar Homes 288 $2,105,685 310 days
Newly Built Homes 131 $1,669,681 616 days
Homes with a Pool 597 $1,248,027 221 days
Reduced Price Homes 50 $905,050 103 days
Property Management International - Destin
Peter Mohylsky
755 Grand Blvd, suite B-105, PMB #20
Miramar Beach, FL 32550
850-517-7098
athome30a.com

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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 September 24, 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

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