Metro area index
Home appreciation in the Crestview-Fort Walton Beach-Destin, FL metro area
FHFA HPI® data shows the Crestview-Fort Walton Beach-Destin, FL metro area's all-transactions index changed +5.9% over the year to Q2 2026, versus +1.4% for Florida and +3.0% for the U.S. That ranks 70th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +5.9%
- 5-year change
- +41.5%
- Since Q1 1995
- +350%
- Metro rank (1 year)
- 70th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Crestview-Fort Walton Beach-Destin, FL vs Florida and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Crestview-Fort Walton Beach-Destin, FL: 449.7
- Florida: 500.7
- United States: 391.6
Appreciation by time window
| Window | Metro | FL | U.S. | Gap vs FL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.9% | +1.4% | +3.0% | +4.5 pts | +2.9 pts |
| 3 years | +7.4% | +6.6% | +12.9% | +0.8 pts | −5.5 pts |
| 5 years | +41.5% | +46.0% | +41.3% | −4.5 pts | +0.3 pts |
| 10 years | +115% | +120% | +93.3% | −5.0 pts | +21.7 pts |
| Since Q1 1995 | +350% | +401% | +292% | −50.9 pts | +58.2 pts |
3-digit ZIP regions in the Crestview-Fort Walton Beach-Destin, FL area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 325 · Pensacola, FL area | FL | +1.7% | +40.8% | +324% | 30% |
| 324 · Panama City, FL area | FL | +5.7% | +46.4% | +348% | 14% |
Boom, bust, and recovery in Crestview-Fort Walton Beach-Destin, FL area
Crestview-Fort Walton Beach-Destin, FL area's index peaked in Q2 2006, fell 36.9% to its low in Q2 2012, and regained its peak in Q3 2020, about 14.2 years after the top. Today it sits +63.5% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2006 | Q2 2012 | -36.9% | Q3 2020 (14.2 yrs) | +63.5% |
| FL | Q4 2006 | Q2 2012 | -44.7% | Q1 2020 (13.2 yrs) | +72.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Crestview-Fort Walton Beach-Destin, FL area's index has changed +103% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | FL after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.0% | -2.4% | -0.8% |
| 3 years | +9.8% | -2.2% | -2.9% | +2.8% |
| 5 years | +24.0% | +14.1% | +17.7% | +13.9% |
| 10 years | +39.1% | +54.6% | +58.2% | +39.0% |
| Since Q1 1995 | +121% | +103% | +126% | +76.8% |
If you bought in the Crestview-Fort Walton Beach-Destin, FL area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +347% | $1,340,077 |
| Q2 2000 | +274% | $1,122,828 |
| Q2 2005 | +86.4% | $559,250 |
| Q2 2010 | +143% | $729,371 |
| Q2 2015 | +126% | $679,385 |
| Q2 2020 | +63.6% | $490,722 |
| Q2 2021 | +41.5% | $424,634 |
| Q2 2023 | +7.4% | $322,118 |
| Q2 2025 | +5.9% | $317,830 |
Frequently asked questions
- How much have home prices risen in the Crestview-Fort Walton Beach-Destin, FL area?
- FHFA HPI® data for the Crestview-Fort Walton Beach-Destin, FL metro area shows changes of +5.9% over one year, +41.5% over five years, and +115% over ten years to Q2 2026, and +350% since Q1 1995.
- Is the Crestview-Fort Walton Beach-Destin, FL area beating the national average?
- Over the past year the metro's index moved +2.9 pts versus the U.S.; over five years the gap is +0.3 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.