Navarre, Florida Housing Market Prices
Navarre Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 12% below the Florida median$274,910
-
Median rent 19% above the Florida median$1,990
Housing Market Overview
| Metric | Navarre | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,910 | $311,338 | $248,835 |
| Price Trend (Annual %) | 25.7% | 11.2% | 7.5% |
| Median Gross Rent | $1,990 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 7.1% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Navarre is about 12% lower than in Florida. Rent is about 19% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Navarre, up about 25.7% and 7.1% a year respectively. Home prices are changing faster.
Median rent in Navarre rose about 65.9% between 2015 and 2024, from $1,199 to $1,990. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Navarre.
Buying the median-priced home in Navarre costs roughly 11.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Navarre. The price-to-rent ratio in Florida is about 15.6.
| Metric | Navarre | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $274,910 | $311,338 | $248,835 |
| Median Household Income | $105,723 | $74,580 | $80,455 |
| Price-to-Income Ratio | 2.6 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Navarre rose about 63.1%, while median household income rose about 59.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Navarre | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.0% | 57.7% | 58.5% |
| Rental Rate | 18.7% | 27.7% | 31.2% |
| Vacancy Rate | 8.3% | 14.6% | 10.2% |
| Median Tenure (years) | 10.0 | 13.0 | 15.0 |
| Median Year Moved In | 2016 | 2013 | 2011 |
Navarre has a homeownership rate of 73.0%, higher than the Florida average of 57.7%. Its housing vacancy rate is 8.3%, compared with 14.6% in Florida.
Housing Stock
| Metric | Navarre | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.72 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2002 | 1988 | 1978 |
| Median Number of Rooms | 6.1 | 5.2 | 5.5 |
The typical housing unit in Navarre was built around 2002. On average, 2.7 people live in a home with about 6.1 rooms, staying for about 10.0 years on average.
Navarre, FL Housing Compared With Nearby Cities
How Navarre, FL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Navarre, FL | 28,519 | $274,910 #1/2 | $1,990 #1/2 | 79.6% #2/2 |
| Midway, FL | 22,100 | $170,040 | $1,693 | 81.7% |
Frequently Asked Questions
Common questions about the housing market in Navarre, Florida.
What is the median home price in Navarre, Florida?
The median home price in Navarre, Florida is $274,910, lower than the Florida average of $311,338.
What is the average home price in Navarre, Florida?
The typical home price in Navarre, Florida, reported as the median sale price, is $274,910. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Navarre, Florida?
The median gross rent in Navarre, Florida is $1,990 per month, higher than the Florida average of $1,668.
What was the median gross rent in Navarre in 2020?
In 2020, the median gross rent in Navarre, Florida was $1,392 per month.
What is the price-to-rent ratio in Navarre, Florida?
The price-to-rent ratio in Navarre, Florida is about 11.5, meaning it would take roughly 11.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Navarre.
Are home prices or rent rising faster in Navarre, Florida?
Both home prices and rent are rising in Navarre, up about 25.7% and 7.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Navarre, Florida?
73.0% of households in Navarre, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Navarre, Florida?
The housing vacancy rate in Navarre, Florida is 8.3%, lower than the Florida average of 14.6%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →