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Home values, rents and more in Valparaiso, FL

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$328,000
Metro: $440,000 · U.S.: $366,000
Home values, past year
+0.3%
Metro: +0.7% · U.S.: +1.2%
Typical rent
$1,915/mo
Metro: $1,968 · U.S.: $1,932
Population
4,885
ACS 2020–24
Median household income
$90,110
Metro: $81,993 · U.S.: $80,734
ZIP codes around Valparaiso, FL, shaded by typical home valueValparaiso32578
  • Under $320k
  • $320k–$340k
  • $340k–$370k
  • $370k–$400k
  • $400k+
  • No data
ZIP codes around Valparaiso, FL, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Valparaiso is outlined.

How Valparaiso compares

The typical home in Valparaiso, FL is worth about $328,000, according to the Zillow Home Value Index for September 2026. Home values in Valparaiso are 26% below the typical value in the Crestview metro area ($440,000) and 11% below the U.S. typical value ($366,000).

Over the past year, home values in Valparaiso rose 0.3%, compared with +0.7% in the Crestview metro area and +1.2% nationally.

Typical rent is $1,915 a month (Zillow Observed Rent Index), about the same as the Crestview metro area ($1,968) and about the same as the U.S. ($1,932).

The median household income is $90,110, against $81,993 in the Crestview metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 4,885 people live in Valparaiso (American Community Survey 2020–24).

Valparaiso has the 6th-highest typical home value of the 12 cities in the Crestview metro area and the 213th-lowest of 496 in Florida with Zillow figures.

Part of: Okaloosa County, FL · Crestview metro area · Florida

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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