Destin, FL housing market

The median sale price in Destin, FL was $647K in May 2026, up 14.1% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $588K, firming from $573K across the three months before that. That puts prices 17.4% below the strongest three-month stretch on record here, which ended in Nov 2023 at $712K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $615K for Jun 2026, essentially flat year over year.

Buyers had 552 homes to choose from in May 2026, down 18.1% year over year (Redfin). At the current sales pace that standing inventory works out to 9.2 months of supply; convention treats four to six months as a balanced market, which puts Destin, FL on the buyers' side of it. 99 homes came to market in May 2026, down 10.8% year over year, against 60 closings, down 4.8% year over year. Homes that sold in May 2026 took a median of 78 days to go under contract, 83 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 7% settled above asking, and the average sale landed at 95% of its final list price. 21% of listings carried a price cut in May 2026.

This page tracks 10 monthly housing series for Destin, FL — median sale price, ZHVI home value, inventory (active), median days on market, months of supply, homes sold, and more — sourced from Redfin, Zillow ZHVI, running from Aug 2016 through Jun 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.