Is Valparaiso, FL 32580 a buyer’s or seller’s market?
Valparaiso is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 39% of U.S. ZIP codes, and #51 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Valparaiso housing market right now
In the three months ending August 31, 2026, 15% of homes in Valparaiso, FL 32580 sold above their list price, the typical home went under contract in 44 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 21 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (79 days then) and the median sale price rose 22% to $464,799. Overall, Valparaiso is more competitive than a year ago, so tougher for buyers.
Within Okaloosa County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 90%. On our competition score, Valparaiso ranks #51 of 796 FL ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Destin 32541 (3% sold over asking) or Fort Walton Beach 32548 (7% sold over asking).
Run the numbers for 32580
Nearby markets
Baker 32531Seller’s market $179 /sq ftCrestview 32536Balanced $169 /sq ftCrestview 32539Seller’s market $178 /sq ftDestin 32541Buyer’s market $391 /sq ft Browse all markets →Towns like Valparaiso nearby
Find towns like Valparaiso in other states →Where Valparaiso is
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Questions about Valparaiso real estate
Is Valparaiso a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Valparaiso, FL 32580 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Valparaiso?
The typical home went under contract in 44 days in the latest three months.
Do homes in Valparaiso sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Valparaiso?
About 0.57% of a home’s value a year in Okaloosa County, or roughly $2,280 on a $400,000 home.
What is the median home price in Valparaiso?
The median sale price was $464,799 in the three months ending August 31, 2026, about $257 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology