Home prices
The value of the median home in Destin is $332,000. In comparison to nearby areas this is approximately $44,080 (15%) higher.Compared to the rest of the nation it is about $114,500 (52%) higher, and it is roughly $149,200 (81%) higher in comparison to the city of Pensacola.
Rents
Destin's median rent is $1,440 a month. Compared to other places in this area this is about $207 (16%) higher.Compared to the nation as a whole it is approximately $378 (35%) higher, and in comparison to the city of Pensacola it is approximately $486 (50%) higher.
Nearby places
Miramar Beach
Miramar Beach is Destin's neighbor to the east. Its real estate prices are a little more expensive. The median home value in Miramar Beach is $393,900, which is $61,900 (15%) higher than Destin. Rent there is a bit less expensive. In Miramar Beach the median monthly rent is $1,211, which comes out to $229 (18%) lower than Destin.
Lake Lorraine
Lake Lorraine is approximately 6 miles northwest of Destin. Housing prices there are a little less expensive. The cost of the median home in Lake Lorraine is $273,000, which is $59,000 (21%) lower than Destin. Rents there are somewhat less expensive. In Lake Lorraine the median monthly rent is $1,171, which comes out to $269 (22%) lower than Destin.
Shalimar
Shalimar is approximately 7 miles northwest of Destin. The real estate prices there are a bit less expensive. The median home cost in Shalimar is $312,200, which comes out to $19,800 (6%) lower than Destin. Its rents are somewhat more expensive. Shalimar's median rent is $1,517 a month, which comes out to $77 (5%) higher than Destin.
Valparaiso
Valparaiso is approximately 7 miles north from Destin. Real estate prices there are significantly less expensive. The median home value in Valparaiso is $224,800, which comes out to $107,200 (47%) lower than Destin. Its rents are a bit less expensive. Valparaiso's median monthly rent is $1,159, which comes out to $281 (24%) lower than Destin.
Cinco Bayou
Cinco Bayou is roughly 7 miles west of Destin. Its real estate prices are significantly less expensive. The median home in Cinco Bayou is valued at $235,700, which is $96,300 (40%) lower than Destin. Its rents are a bit less expensive. The median rent in Cinco Bayou is $1,105 per month, which works out to $335 (30%) lower than Destin.