Elation
Condos for Sale in Miramar Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of September 2026, Elation in Miramar Beach, FL has 11 homes for sale and 1 pending, asking from $170,000 to $699,000 (median $289,000). Over the 12 months ending 2026-09-12, 8 recorded sales closed at a median of $263,250, a median 140 days on market, sellers accepting 82% of original asking (-2% versus the prior year). Homes listed or recently sold were built 2007–2007; none of the 18 geocoded homes sit in a FEMA special flood hazard zone (median elevation 17 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $2,570 ($2,180 with the full homestead exemption).
Homes For Sale Right Now in Elation
Live MLS inventory for Elation. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 470 daysTop listing
Active · 221 days
Active · 937 days
Active · 49 daysActive · 9 days
Active · 233 days
Active · 231 days
Active · 137 days
Active · 134 days
Active · 207 days
Active · 37 days
Pending · 547 daysActive and pending Elation listings as of 2026-09-12, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Elation sits in Miramar Beach with a median around $263,250, and the story here is less about a headline price than about spread and condition. With no shared amenities identified in current listings, what moves a given home's price is the unit itself — updates, finishes, and readiness to close — rather than a community package you're paying into.
The current posture is slow and buyer-leaning. A median of 123 days on market against 13 active listings and only 6 recent closings, paired with a heat score of 25 and a year-over-year dip of 2.5%, tells you sellers are not setting the terms right now. Buyers have time to inspect, compare, and negotiate; sellers should price to the market as it is, not as they hoped it would be.
Elation right now
🟢 Buyer-leaning market. 16.5 months of supply and 8% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 12, 2026. Confidence: High (12 active and pending listings, 8 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($263K) is down 2.5% from the prior 12 months ($270K) and up 192% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 12. Confidence: Medium (8 and 7 sales in the two windows).
What's unique here: the median sale price is about 61% below the typical Walton County sale ($263K vs $680K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Elation market snapshot (as of September 12, 2026): the median sale price is about $263K, a median 140 days on market for closed sales, and 16.5 months of supply, a buyer-leaning market. The trailing-12-month median is down 2% from the prior 12 months and up 192% since 2012, computed from record-level Emerald Coast MLS closed sales (8 closings in the current window).
Elation is a Miramar Beach community in Walton County with no amenities surfacing in current MLS data, so value tracks the individual home. The pace is patient, and prices are up 146% since 2012 even as the last year cooled.
The setting & the homes.
Aerial and on-site photos of Elation. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
ElationElationElationElationElationElationElationElationPhotos from Emerald Coast MLS listings in Elation; content deemed reliable but not guaranteed.
Who Elation is best for.
Best for
- Value-focused buyers around the mid-$260s who want negotiating room
- Long-hold buyers comfortable with a slow, low-turnover market
- Buyers who prioritize the individual unit over community amenities
Probably not for
- Buyers who need to resell quickly given the extended days on market
- Buyers seeking a full amenity package, which current listings don't show
- Buyers expecting a fast, competitive market with quick appreciation
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($263K) IS the median in the snapshot above, and the move from 2025 ($270K) IS the -2.5% one-year change.
Windows contain 1 to 28 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
ELATION Market Scorecard
ELATION is currently a strong buyer's market. About 16.5 months of supply, a median asking price of $289,000, and homes go under contract in about 207 days.
Typical home value in the 32550 ZIP is $653,669, about 36.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in ELATION, Miramar Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Elation on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Elation listings and can change; always confirm with Walton County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Elation address.
The Elation buying strategy.
If we were buying in Elation today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Elation.
A slow market rewards patience
The numbers point the same direction. A 123-day median means listings are sitting well past a month, thin closing activity over the recent window confirms low turnover, and a heat score of 25 puts this on the cooler end. None of that is a red flag on its own — it's simply a market where nothing forces a quick decision.
The long arc matters for context: prices are up 146% since 2012, so the recent 2.5% pullback reads as a modest give-back inside a much larger climb, not a collapse. Because we have only the median to work from and no amenity draw, treat every listing as its own case — condition and pricing discipline explain more than any community-wide trend.
The location and the amenities are priced into every listing in Elation. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Elation buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (3.8). Basis: Long-Term Appreciation +192% since 2012; Recent Direction -2.5% year-over-year; Liquidity & Demand 16.5 months of supply; Pricing Power 82.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this slow, the leverage is in the details — reading days-on-market against condition, spotting which of the 13 active listings are mispriced versus fairly priced, and structuring an offer that reflects a buyer's advantage. We'll tell you when a specific home is worth the wait and when it isn't, and we price sellers to the market that exists today rather than the one they remember.
Elation in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Elation buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Elation sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Elation, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Elation home worth?
Get a no-obligation home value based on real comparable sales in Elation, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Miramar Beach →
Recently off market in ELATION
Homes in ELATION that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 9800 Grand Sandestin Boulevard #5122 · off market
- 9800 Grand Sandestin Boulevard #Unit 5109 · off market
- 9800 Grand Sandestin Boulevard #Unit 5609 · off market
Frequently Asked Questions
What is the median home price in Elation?
How long do homes in Elation take to sell?
Is Elation a buyer's or seller's market right now?
Have Elation home prices gone up?
Who is the best real estate agent for Elation?
How do I find a top Miramar Beach real estate agent who knows Elation?
Can Momentum Realty connect me with an agent for Elation?
Should you buy in Elation?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Elation with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2009 (150 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how ELATION fits the bigger picture — live prices, inventory, and Momentum Scores: