Homewood S/D
Homes for Sale in Fort Walton Beach, FL

Homewood is an established subdivision of about 215 homes in Fort Walton Beach, where a wide age range and no shared amenities put the emphasis squarely on the individual house and lot. The high homestead share of just over 71 percent points to an owner-occupied, hold-oriented pocket rather than a churn of investor product.

Emerald Coast MLS sales records identify 36 homes in HOMEWOOD S/D that have changed hands since 2001, built between 1972 and 1983 (median 1972), with a median living area of about 1,976 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 7 qualified sales in HOMEWOOD S/D across 2024–2025 (4 in 2024, 3 in 2025), median $369,900 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Homewood S/D is too small for its own price trend, so here is the market around it.

In ZIP 32547, 198 homes are on the market and 27% are under contract — a steady corner of Fort Walton Beach.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

In ZIP 32547 (Fort Walton Beach), 385 homes closed in the last 12 months at a median of $337K ($136/sq ft), up 12.1% year over year, with a median 38 days on market. Right now 107 active and 39 pending listings put supply at about 4.0 months — a healthy market. See the live ZIP 32547 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Homewood S/D specifically. Momentum Research analysis of MLS records.

The defining fact here is age variance. A build range from 1958 to 2018 around a 1972 median means two homes on the same street can be entirely different propositions — one may be a mid-century original, another a full modern rebuild. There is no amenity layer to lean on, so value comes down to what's been done to the specific structure: roof, systems, kitchens, and any additions to that median ~2,195 square feet.

With homesteaded ownership above 71 percent, turnover is modest and inventory stays tight, which is consistent with the single active listing in this snapshot. That scarcity is why the median days on market runs so short. The practical takeaway: this is a market you win by being pre-approved, decisive, and clear-eyed about renovation scope on older homes.

In a subdivision this tightly held with only a handful of recent closings, the median tells you less than the individual house does. We read each home against its age, its updates, and the specific comps that matter — so buyers don't overpay for deferred maintenance and sellers price to how fast this market actually moves rather than to a hopeful number.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.