ZIP 32541

32541 is one of 13 ZIP codes that lie mostly in Okaloosa County, FL.

Shaded by typical home value, it ranks 1 of the 11 with a value.

3 school locations in 32541: 1 elementary, 1 middle, 1 high.

In alphabetical order: DESTIN ELEMENTARY SCHOOL, DESTIN HIGH SCHOOL, DESTIN MIDDLE SCHOOL. Locations only — no ratings are shown here.

In May 2002 the typical home in 32541 was worth $233,055.

Values peaked at $693,929 in July 2023. The latest reading is −11.4% from that peak.

As of August 2026: $614,544, +1.4% over twelve months.

Start with the typical home: $614,544. Put 20% down and borrow $491,635 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,404 a month in principal and interest.

The median household here earns $93,004 a year, $7,750 a month. So the payment takes 43.9% of income — rated “severe” (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 16.7% 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 $1,216.

In December 2020, with rates at 2.68%, it was $1,503.

By August 2026, at 6.67%, it was $3,162 — +110% since December 2020, while the home's value moved +32%.

Reported values rose +164% 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 $433,821. So the real change is +42%, not +164%.

32541: +164% since May 2002.

Okaloosa County: +168% since May 2002.

Florida: +186% since May 2002 — 32541 ran behind it by 22 points.

Owning the typical home costs about $4,019 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,110 a month.

Price divided by a year's rent: 24.3. 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 110 a month (Redfin, 3-month rolling data through August 2026). That is 117% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 614. That is 126% of the 2015–2019 level for the same months.

Going out — closed sales: about 80 a month. That is 79% of the 2015–2019 level for the same months. The drain is drawn 37% narrower: the share of homes for sale that sell each month is 63% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 7.7 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 30 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 80 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 97 — so sales ran at 82% of it, and below it in 24 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: 614 in June 2026.

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