Why Live in Destin
Destin, Florida, is a small, densely populated city on the Emerald Coast known for its stunning white sand beaches and emerald green waters. With a population of nearly 15,000, Destin attracts millions of tourists annually, drawn to its beachfront condos and bayside homes that offer panoramic waterfront views. The city is fewer than 15 miles from Eglin Air Force Base and Hurlburt Field, making it a popular location for military personnel. Destin's economy is driven primarily by hospitality and tourism, with Navy Federal providing remote positions for residents. Home prices in Destin are above the national average, particularly for oceanfront condos and bayside mansions. Single-family homes in the northwest corner are more affordable, featuring beachy bungalows and ranch-style houses from the 1970s.
Destin offers a variety of attractions, including snorkeling at Norriego Point, fishing at Henderson Beach State Park, and golfing at Indian Bayou Golf & Country Club. Harborwalk Village, also known as Destin Boardwalk, is the center of entertainment with shops, restaurants, nightclubs, and annual events like the Destin Fishing Rodeo. Crab Island is another popular spot, featuring floating bars and restaurants. Destin is zoned for the Okaloosa County School System, which is highly rated. Traffic can be congested, especially during peak tourist season, but locals can use bike lanes, sidewalks, and the Emerald Coast Rider bus system. Destin-Fort Walton Beach Airport provides direct flights to major U.S. cities. The city is susceptible to hurricanes, requiring flood insurance for all homes. Crime rates are lower than the national average, with a reported decrease in overall crime in Okaloosa County.
Home Trends in Destin, FL
On average, homes in Destin, FL sell after 80 days on the market compared to the national average of 70 days. The median sale price for homes in Destin, FL over the last 12 months is $580,000, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$580,000
Median Single Family Sale Price
$1,638,000
Median Townhouse Sale Price
$390,000
Median 2 Bedroom Sale Price
$456,000
Median 1 Bedroom Sale Price
$395,000
Average Price Per Sq Ft
$495
Number of Homes for Sale
103
Last 12 months Home Sales
306
Median List Price
$590,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-16%