32531
Baker, Florida.
Baker, Okaloosa County, FL · Crestview-Fort Walton Beach-Destin, FL metro · population 7,314
to buy the typical home at today's mortgage rate — +$931 (+122%) since Jan 2020.
- 1 year
- Up $12,502 +4%
- $310,626$323,128 since Sep 2025
- 5 years
- Up $56,223 +21%
- $266,904$323,128 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 32531$1,696
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 32531 rose 4.0% over the past year — faster than the nation's +1.2%.
This zip spans 2 counties: Okaloosa County, FL 88% · Santa Rosa County, FL 12%
Zillow also publishes an index for the city itself: Baker, FL — measured over the city limits, which is a different area from this zip.
Typical home value — 32531
Mid-tier homes, smoothed and seasonally adjusted.
- 32531$323,128
- Crestview$439,733
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 10.9 | 32536 | Crestview | 25,599 | $1,878 | $293,799 |
| 10.9 | 36483 | Wing | 555 | — | $146,143 |
| 12.2 | 32564 | Holt | 2,676 | — | $267,927 |
| 15.4 | 32539 | Crestview | 33,290 | $1,886 | $281,219 |
| 15.7 | 32567 | Laurel Hill | 5,609 | — | $292,168 |
| 17.9 | 32570 | Milton | 37,197 | $1,679 | $275,960 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.