ZIP 32531 vs ZIP 32569

32531 is one of 13 ZIP codes that lie mostly in Okaloosa County, FL — 88% of its own area is in the county.

Shaded by typical home value, it ranks 6 of the 11 with a value.

1 school location in 32531: 1 high.

In alphabetical order: BAKER SCHOOL. Locations only — no ratings are shown here.

32569 is one of 13 ZIP codes that lie mostly in Okaloosa County, FL.

Shaded by typical home value, it ranks 7 of the 11 with a value.

2 school locations in 32569: 2 elementary.

In alphabetical order: FLOROSA ELEMENTARY SCHOOL, MARY ESTHER ELEMENTARY SCHOOL. Locations only — no ratings are shown here.

In May 2002 the typical home in 32531 was worth $117,095.

Values peaked at $326,367 in May 2026. The latest reading is −0.3% from that peak.

As of August 2026: $325,295, +4.1% over twelve months.

Start with the typical home: $325,295. Put 20% down and borrow $260,236 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,802 a month in principal and interest.

The median household here earns $81,313 a year, $6,776 a month. So the payment takes 26.6% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 9.6% in 2002.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in May 2002 (6.81%) the payment was $611.

In December 2020, with rates at 2.68%, it was $770.

By August 2026, at 6.67%, it was $1,674 — +117% since December 2020, while the home's value moved +37%.

Reported values rose +178% since May 2002.

General prices (CPI-U) rose +86% over the same span.

Divide one by the other: in August 2026 dollars, the 2002 home was worth $217,967. So the real change is +49%, not +178%.

32531: +178% since May 2002.

Okaloosa County: +168% since May 2002.

Florida: +186% since May 2002 — 32531 ran behind it by 8 points.

Owning the typical home costs about $2,127 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $874 a month.

Price divided by a year's rent: 31.0. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In May 2002 the typical home in 32569 was worth $115,963.

Values peaked at $336,184 in June 2024. The latest reading is −5.2% from that peak.

As of August 2026: $318,628, −0.3% over twelve months.

Start with the typical home: $318,628. Put 20% down and borrow $254,902 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,765 a month in principal and interest.

The median household here earns $73,762 a year, $6,147 a month. So the payment takes 28.7% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.4% in 2002.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in May 2002 (6.81%) the payment was $605.

In December 2020, with rates at 2.68%, it was $813.

By August 2026, at 6.67%, it was $1,639 — +102% since December 2020, while the home's value moved +27%.

Reported values rose +175% since May 2002.

General prices (CPI-U) rose +86% over the same span.

Divide one by the other: in August 2026 dollars, the 2002 home was worth $215,860. So the real change is +48%, not +175%.

32569: +175% since May 2002.

Okaloosa County: +168% since May 2002.

Florida: +186% since May 2002 — 32569 ran behind it by 11 points.

Owning the typical home costs about $2,084 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,098 a month.

Price divided by a year's rent: 12.7. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 6 a month (Redfin, 3-month rolling data through August 2026).

On the shelf — homes for sale at the end of the period: 26.

Going out — closed sales: about 9 a month.

The ladder: homes for sale ÷ monthly sales = 2.9 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 3 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Homes sold: about 9 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 6 — so sales ran at 150% of it, and below it in 0 of the last 24 months.

Across Okaloosa County, builders pulled permits for 1,057 new homes in 2025.

Of those, 93% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 23 a month (Redfin, 3-month rolling data through August 2026). That is 83% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 95.

Going out — closed sales: about 25 a month. That is 87% of the 2015–2019 level for the same months. The drain is drawn 11% narrower: the share of homes for sale that sell each month is 89% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 3.8 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 2 more homes sold than came on each month, so inventory is shrinking. The basin is draining.

Homes sold: about 25 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 30 — so sales ran at 83% of it, and below it in 19 of the last 24 months.

Across Okaloosa County, builders pulled permits for 1,057 new homes in 2025.

Of those, 93% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Okaloosa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 2,185 moved in. Among the ten receiving the most, 2,928 moved out.

Net across those counties: −743 households. Beside it, homes for sale in this ZIP: 26 in June 2026.

Most arrivals came from Santa Rosa, FL (584 households); most departures went to Walton, FL (860).

This ZIP sits in Okaloosa County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 2,185 moved in. Among the ten receiving the most, 2,928 moved out.

Net across those counties: −743 households. Beside it, homes for sale in this ZIP: 95 in June 2026.

Most arrivals came from Santa Rosa, FL (584 households); most departures went to Walton, FL (860).