Walton County · Crestview-Fort Walton Beach-Destin · population 8,002
Where Miramar Beach stands
Home values down 3.2% in the last year.
Home value trajectory · last 10 years
Zillow ZHVI · monthlyLifestyle scores
Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.
Rent vs buy
At a 21.9 price-to-rent ratio, the math is starting to lean toward renting in Miramar Beach. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.
How the momentum score breaks down
methodology →Miramar Beach has held up across the cycle: home values at $647,525 with +4.4% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.
Miramar Beach is in a state where home insurance costs have doubled, climate risk repricing is still in progress, and the buyer pool is constrained by both. The bear case writes itself and is currently winning.
About Miramar Beach
Miramar Beach is a city in Walton County, Florida, with an estimated population of 8,002. It anchors the Crestview-Fort Walton Beach-Destin metro area. The median home value in Miramar Beach is $647,525 as of 2026-04, down 3.2% over the last 12 months. Over the last five years, home values have averaged +4.4% annual growth, and the market currently sits about 15% below its 5-year peak. Rents in Miramar Beach average $2,467 per month. The composite momentum score is 46 of 100 (Cooling). Buyers may find more room to negotiate; sellers should price realistically.
▲ Bull case
▼ Bear case
Playbook
You have leverage. Negotiate price, ask for closing-cost credits, and don't waive inspection. Walk-away power is real in a Cooling market — use it.
Price aggressively (at or below recent sold comps) or be prepared to wait. Concessions — rate buydowns, closing costs, repair credits — are how deals close right now.
Cap rates are more attractive than they were 12 months ago but the appreciation tailwind is gone. Confirm tenant demand, vacancy rates, and exit liquidity before committing capital.
Local safety & alerts
No active National Weather Service alerts for Walton County right now.
Public-safety links are official .gov sources, not curated by us. Walton County routes NWS alerts; check the state EM portal for non-weather emergencies.
Cities like Miramar Beach
Run the numbers for Miramar Beach
Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.
Climate & natural-disaster risk
State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.
Current weather
Find rentals & listings
Open current Miramar Beach listings on the major real-estate sites.
Links open the live search on the destination site — results are always current.
Local sports teams
Major professional teams the Crestview-Fort Walton Beach-Destin area cheers for. Detailed stats, schedules, and player pages on intherafters.com.
Local economy & environment
Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.
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