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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Navarre, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Navarre, FL Housing Market Trends

With 40,817 people, 13,987 houses or apartments, and a median cost of homes of $487,102, Navarre real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Navarre, accounting for 81.18% of the town's housing units. Other types of housing that are prevalent in Navarre include mobile homes or trailers ( 7.71%), large apartment complexes or high rise apartments ( 5.83%), and a few row houses and other attached homes ( 2.90%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Navarre. Owner-occupied housing accounts for 78.80% of Navarre's homes, and 85.09% have either three or four bedrooms, which is average sized relative to America.

Navarre homes and real estate are some of the newest in America. 53.56% of Navarre's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Navarre real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.15%), and between 1940-1969 ( 2.00%).

Navarre Home Appreciation Rates

In the last 10 years, Navarre has experienced some of the highest home appreciation rates of any community in the nation. Navarre real estate appreciated 122.28% over the last ten years, which is an average annual home appreciation rate of 8.32%, putting Navarre in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Navarre definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Navarre's appreciation rate, at 5.37%, has been at or slightly above the national average. In the latest quarter, Navarre's appreciation rate has been 4.17%, which annualizes to a rate of 17.73%.

Importantly, this makes Navarre one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Florida, our data show that Navarre's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Navarre differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Navarre - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Navarre real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$487,102

Navarre, FL Home Prices
> $1,441,000
$1,080,001 - $1,441,000
$720,001 - $1,080,000
$576,001 - $720,000
$432,001 - $576,000
$288,001 - $432,000
$144,001 - $288,000
$72,001 - $144,000
$0 - $72,000
1.2%
1.2%
1.4%
1.4%
12.0%
12.0%
12.3%
12.3%
30.5%
30.5%
29.1%
29.1%
9.9%
9.9%
1.9%
1.9%
1.7%
1.7%
0% 100.0%
% of Homes
High

for Florida

Very High

for nation

Number of Homes And Apartments:

13,987

Navarre Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,681 / per month

Homeownership Rate

Owners
Renters
78.8%
78.8%
21.2%
21.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.8%
4.8%
95.2%
95.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
53.6%
53.6%
44.2%
44.2%
2.0%
2.0%
0.3%
0.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.2%
81.2%
2.9%
2.9%
2.3%
2.3%
5.8%
5.8%
7.7%
7.7%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
2.8%
2.8%
9.3%
9.3%
49.4%
49.4%
35.7%
35.7%
2.0%
2.0%
0% 100.0%
% of Homes