Home prices
The median home value in Miramar Beach is $393,900. It is approximately $117,740 (42%) higher compared to the surrounding areas.It is approximately $176,400 (81%) higher in comparison to the entire country, and compared to the city of Dothan is approximately $243,200 (161%) higher.
Rents
In Miramar Beach the median monthly rent is $1,211. Compared to its surrounding areas this is approximately $70 (5%) lower.It is about $149 (14%) higher compared to the entire nation, and compared to the city of Dothan it is approximately $460 (61%) higher.
Nearby places
Destin
Destin is Miramar Beach's neighbor to the west. Housing prices there are a little less expensive. The median home value in Destin is $332,000, which works out to $61,900 (18%) lower than Miramar Beach. Rent there is a bit more expensive. The median monthly rent in Destin is $1,440, which works out to $229 (15%) higher than Miramar Beach.
Valparaiso
Valparaiso is approximately 11 miles northwest of Miramar Beach. The real estate prices there are substantially less expensive. The median home in Valparaiso costs $224,800, which comes out to $169,100 (75%) lower than Miramar Beach. Its rents are similar. The median rent in Valparaiso is $1,159 per month, which comes out to $52 (4%) lower than Miramar Beach.
Lake Lorraine
Lake Lorraine is roughly 12 miles west of Miramar Beach. Its housing prices are substantially less expensive. The median home value in Lake Lorraine is $273,000, which is $120,900 (44%) lower than Miramar Beach. Rent there is pretty similar. The median rent in Lake Lorraine is $1,171 a month, which comes out to $40 (3%) lower than Miramar Beach.
Niceville
Niceville is roughly 12 miles northwest from Miramar Beach. The housing prices there are substantially less expensive. The median home price in Niceville is $238,800, which is $155,100 (64%) lower than Miramar Beach. The rent there is a bit less expensive. Niceville's median rent is $1,117 a month, which is $94 (8%) lower than Miramar Beach.
Shalimar
Shalimar is approximately 13 miles west of Miramar Beach. The real estate prices there are a little less expensive. The median home price in Shalimar is $312,200, which is $81,700 (26%) lower than Miramar Beach. Rent there is a bit more expensive. The median rent in Shalimar is $1,517 a month, which comes out to $306 (20%) higher than Miramar Beach.
