Home prices
The value of the median home in Niceville is $238,800. This is about $24,560 (9%) lower compared to the surrounding areas.Compared to the rest of the country it is about $21,300 (9%) higher, and is about $88,100 (58%) higher compared to the city of Dothan.
Rents
The median rent in Niceville is $1,117 per month. It is about $130 (10%) lower compared to its surrounding areas.It is roughly $55 (5%) higher in comparison to the United States as a whole, and it is approximately $366 (48%) higher compared to the city of Dothan.
Nearby places
Valparaiso
Valparaiso is Niceville's neighbor to the southwest. The real estate prices there are somewhat less expensive. The median home in Valparaiso is valued at $224,800, which is $14,000 (6%) lower than Niceville. The rent there is pretty similar. Valparaiso's median rent is $1,159 a month, which is $42 (3%) higher than Niceville.
Lake Lorraine
Lake Lorraine is approximately 8 miles southwest of Niceville. Its housing prices are somewhat more expensive. The median home in Lake Lorraine costs $273,000, which works out to $34,200 (12%) higher than Niceville. The rent there is pretty similar. In Lake Lorraine the median rent is $1,171 a month, which works out to $54 (4%) higher than Niceville.
Shalimar
Shalimar is approximately 8 miles southwest of Niceville. The housing prices there are a bit more expensive. The median home price in Shalimar is $312,200, which comes out to $73,400 (23%) higher than Niceville. Rents there are a bit more expensive. Shalimar's median monthly rent is $1,517, which works out to $400 (26%) higher than Niceville.
Ocean City
Ocean City is about 9 miles southwest from Niceville. Housing prices there are substantially less expensive. The value of the median home in Ocean City is $174,800, which comes out to $64,000 (36%) lower than Niceville. Its rents are a bit less expensive. The median rent in Ocean City is $947 a month, which comes out to $170 (17%) lower than Niceville.
Destin
Destin is approximately 10 miles south from Niceville. The real estate prices there are somewhat more expensive. The median home in Destin is valued at $332,000, which works out to $93,200 (28%) higher than Niceville. Its rents are somewhat more expensive. In Destin the median rent is $1,440 per month, which comes out to $323 (22%) higher than Niceville.
