Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 214,281 ↑ 1.2% since 2020 |
| Median Household Income | $79,097 6% above national median |
| Median Home Value | $324,800 |
| Unemployment Rate | 2.8% |
| Median Age | 37.3 years |
| Housing Vacancy Rate | 17.9% |
| Total Land Sales (Past 12 Months) | 191 transactions |
| Active Listings | 196 properties |
| Avg Days on Market | 92 days |
Rural Land Sales (1+ Acres) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $18,750 |
| Recent Sales | 97 transactions |
| Avg Days on Market | 89 days |
| Avg Parcel Size | 11.80 acres |
| Active Listings | 94 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 10.00 | $110,900 | $11,090 | Laurel Hill |
| Mar 2026 | 69.71 | $420,124 | $6,027 | Laurel Hill |
| Mar 2026 | 5.01 | $45,000 | $8,982 | Laurel Hill |
| Mar 2026 | 3.83 | $30,000 | $7,833 | Baker |
| Feb 2026 | 1.24 | $45,000 | $36,290 | Crestview |
| Feb 2026 | 2.65 | $40,000 | $15,094 | Crestview |
| Feb 2026 | 5.00 | $155,000 | $31,000 | Laurel Hill |
| Feb 2026 | 9.89 | $200,000 | $20,222 | Holt |
| Feb 2026 | 5.66 | $35,000 | $6,184 | Baker |
| Feb 2026 | 4.20 | $95,000 | $22,619 | Crestview |
Suburban/Urban Land Sales (Under 1 Acre) (Feb 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $100,000 |
| Recent Sales | 94 transactions |
| Avg Days on Market | 95 days |
| Avg Parcel Size | 0.40 acres |
| Active Listings | 102 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Mar 2026 | 0.01 | $5,047 | Destin |
| Feb 2026 | 0.34 | $100,000 | Mary Esther |
| Feb 2026 | 0.23 | $60,000 | Mary Esther |
| Feb 2026 | 0.46 | $339,000 | Crestview |
| Feb 2026 | 0.23 | $123,000 | Niceville |
| Feb 2026 | 0.39 | $40,000 | Crestview |
| Feb 2026 | 0.25 | $23,000 | Crestview |
| Feb 2026 | 0.21 | $318,600 | Crestview |
| Feb 2026 | 0.19 | $665,000 | Fort Walton Beach |
| Feb 2026 | 0.43 | $979,900 | Niceville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 214,281 |
| Population (2020) | 211,668 |
| Population Growth | 1.23% |
| Median Household Income | $79,097 |
| Median Home Value | $324,800 |
| Total Housing Units | 102,475 |
| Vacant Housing Units | 18,352 |
| Housing Vacancy Rate | 17.9% |
| Median Age | 37.3 |
| Bachelor's Degree or Higher | 31,302 (14.6%) |
| Unemployment Rate (BLS) | 4.5% |
Market Overview
Okaloosa County, Florida has a population of 214,281, which has grown 1.23% since 2020. The median household income is $79,097, above the national median of $74,580 by 6.1%. With a median home value of $324,800 and an unemployment rate of 4.5%, the local economy is moderate. The housing vacancy rate of 17.9% suggests soft market conditions. As part of Florida, Okaloosa County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $18,750 per acre, with properties averaging 11.80 acres. There are currently 196 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Okaloosa County, Florida?
As of the 2023 American Community Survey, Okaloosa County has a population of 214,281. The county has grown 1.23% since the 2020 Census, indicating a growing community.
What is the median household income in Okaloosa County?
The median household income in Okaloosa County is $79,097, which is 6.1% above the national median of $74,580.
Is Okaloosa County growing or shrinking?
Okaloosa County is growing. The population has increased 1.23% since 2020.
What is the housing market like in Okaloosa County?
The median home value in Okaloosa County is $324,800. The housing vacancy rate is 17.9%, which suggests soft market conditions. The unemployment rate is 4.5%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $18,750 per acre. Suburban/urban lots under 1 acre have a median lot price of $100,000.
Does Reelvest buy land in Okaloosa County, Florida?
Yes! Reelvest Properties buys vacant land throughout Florida, including Okaloosa County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.