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About Okaloosa County, FL
Okaloosa County is a county located in the Panhandle region of Northern Florida. The county was formed in 1915 and was named after a steamboat with the same name after a Choctaw word meaning “black water.”
Okaloosa County has a population of just over 200,000 people. It’s home to several cities such as Niceville, Crestview, Fort Walton Beach, and Destin. It is known for its salt-white sands and emerald waters that attract millions of vacationers each year.
Despite its popularity with tourists, Okaloosa County has a very vibrant life for its permanent residents as well. It is a county with a somewhat small-town atmosphere without being boring. In fact, Okaloosa County offers many activities for its residents due to its tourism industry. These include elaborate waterparks, parasailing, world-renown fishing, beautiful parks, zoos, snorkeling, scuba diving, and more.
Paradise at an Unbeatable Price
Despite Okaloosa County’s incredible beauty and warm weather, it’s actually not unaffordable. In fact, most of Florida is very affordable when compared to other beachfront warm areas in the country such as Hawaii or California.
The overall cost of living in Okaloosa County is just 98.6, lower than the national average of 100, and the state average of 102.8. California, for comparison, is 149.9, and Hawaii is 170.0.
What About the Home Prices?
Unsurprisingly, the prices of homes are right on par with the rest of the county’s cost of living. In fact, they’re lower! According to the Federal Reserve, the median sold home price in the U.S. right now is $440,300. In Okaloosa County, the average house sold for just $362,500 in June 2022, according to Redfin.
However, that doesn’t mean the housing market is subpar. It just means that it is affordable. Homes in Okaloosa County are up 16.4% in price over just the past year. Not a bad investment!
Okaloosa County is a very popular place for people to visit on vacation. However, it is still very obtainable for the average person who wants to live here. Despite the millions of visitors, Okaloosa County’s beaches get each year, you don’t need to make six figures to get your own place in the area.
If you are looking for a luxurious place, however, Okaloosa County certainly offers that too. You can get an incredible place to stay on the water here, you just won’t be overpaying for it. This, along with the state’s lack of income tax, is one of the main reasons why so many people are moving to Florida.
I had a single wide mobile home on its own land in Freeport, Fl. I wanted it gone asap as I was dealing with a lot of different stuff at the time. David at Purple Egg Real Estate offered me a fair cash offer and to close at my own schedule, which was as quickly as possible – the entire process was completed in 9 days!
I live in California so I appreciated I didn’t have to do any repairs or clean-up – sold it as-is!
Purple Egg Real Estate For All YourNeeds
Purple Egg Real Estate is local and family-owned. We are not real estate agents so you never have to worry about realtor fees with us. We are committed to the local real estate market in the Florida Panhandle and Lower Alabama. By using a locally established firm, you can help ensure local housing remains local, and help rejuvenate our neighborhoods by using someone who values the local community.