Kennedy Lakes in Crestview

Kennedy Lakes
Homes for Sale in Crestview, FL

All 427 homes for sale in Crestview, FL · median $327,852 · 169 homes for sale in 32536 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County · ZIP 32536
138 homesBuilt 1955–2022Median sale $380K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data33 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $380,000, a median 118 days on market, sellers accepting 89% of original asking. Homes listed or recently sold were built 1983–2000. At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,900 ($4,390 with the full homestead exemption).

KENNEDY LAKES 1ST ADDN key facts
LocationCrestview, Okaloosa County, FL · ZIP 32536, 32539
Homes in the community138 (FL DOR 2025 assessment roll)
Years built1955–2022 (median 1989.0)
Typical living area2,550 sq ft (median)
Amenities listed by sellersSecurity System
Sale prices, last 12 months$380,000 median across 3 closed sales
Days on market (closed sales)118 median
For sale right now0 active, 1 pending
Owner-occupied (homestead) share86%

Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “KENNEDY LAKES 1ST ADDN key facts,” movewithmomentum.com/neighborhoods/kennedy-lakes-1st-addn, data as of September 20, 2026.

Live · Kennedy Lakes Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$380K
Median sold · 12 mo
89.5%
Sale vs ask
Tempo
118days
Median DOM · closed
1 days at the 2021 low
100%
Under contract
Okaloosa: 23% (551 of 2,441)
0 · 1
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
86%
Owner-occupied · Kennedy Lakes
119 of 139 parcels homesteaded (FL DOR 2025)
14%
Non-owner-occupied · Kennedy Lakes
incl. 4% trust or LLC-held · 4% out-of-state
138
Homes in the community
plus 1 vacant residential lots · 139 residential parcels (FL DOR 2025)
Track record · 33 years of records
8
Recorded sales · 2024-2025
median $375K · qualified sales on the county roll (FL DOR 2025)
Est. 1955
Community established
homes built 1955-2022, median 1989 (FL DOR 2025)
2.2%/yr
Turnover rate
about 3 of 138 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Kennedy Lakes 1st Addn is an established Crestview pocket where the housing stock spans a long build window, from the mid-1950s through 2022, with the middle of that range landing in 1989. That spread is the story: what you pay here is driven far more by a specific home's age, condition, and updates than by any single neighborhood tier. The median sits at $380,000 for a home around 2,550 square feet, which is real living space, but two houses at that same number can be very different animals depending on how much work has been done.

The current posture is thin and slow. There are no active listings in the snapshot and only a handful of closings in the trailing window, so pricing signals are soft. The median days on market ran to 118 — well past four months — which tells sellers to price with discipline and expect patience, and tells buyers there's usually room to negotiate rather than a bidding-war rhythm. With homestead occupancy high, turnover is low; homes here tend to be lived in, not flipped.

The 60-Second Overview

Kennedy Lakes market snapshot (as of September 20, 2026): the median sale price is about $380K, and a median 118 days on market for closed sales.

In ZIP 32536 (Crestview), 425 homes closed in the last 12 months at a median of $322K, up 3.9% year over year, with a median 73 days on market. Right now 122 active and 57 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32536 housing market and the Okaloosa County market.

County records show 8 qualified sales in KENNEDY LAKES across 2024–2025 (5 in 2024, 3 in 2025), median $374,900 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Kennedy Lakes is a community of 138 homes in Crestview, Okaloosa County, built between 1955 and 2022 (median 1989.0), with a median living area of about 2,550 square feet. 86% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A settled residential subdivision of about 138 homes in Crestview, Okaloosa County, defined by a wide range of build years and generously sized floor plans rather than by shared amenities.

Best for

  • Buyers targeting around $380,000 who want more square footage than a newer build usually delivers at that number
  • Renovation-minded buyers comfortable pricing a home by its condition and updating on their own timeline
  • Long-hold owner-occupants who value a settled, low-turnover street over resale churn

Probably not for

  • Buyers who need to move quickly and want a deep pool of active listings to compare
  • Amenity-seekers wanting a pool, gate, or shared facilities built into the community
  • Investors chasing fast turnover, since occupancy here is heavily owner-held and closings are infrequent

Windows contain 0 to 5 sales each (3 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.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 3 in the current window.
How much local inventory is already under contract

34% of homes for sale in ZIP 32536 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-25).

Kennedy Lakes Market Scorecard

Balanced

Kennedy Lakes is currently a balanced market..

$380,000
Median sold
0/1/3
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in KENNEDY LAKES 1ST ADDN, Crestview

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 6 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-19)

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.

Homes For Sale Right Now in Kennedy Lakes

Live MLS inventory for Kennedy Lakes. 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 and pending Kennedy Lakes listings as of 2026-09-26, 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.

Every Home for Sale in Kennedy Lakes 1St Addn Right Now (1)

All 1 active and pending Kennedy Lakes 1St Addn listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 210 Shell Drive · $340,000 · 3 bd / 2 ba · pending · listed Aug 13, 2026 · listed by Bastion Realty LLC

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Bob Sikes · Elementary
  • Davidson · Middle
  • Crestview · High

Zoned schools reflect the assignments reported on recent Kennedy Lakes listings and can change; always confirm with Okaloosa County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Kennedy Lakes address.

Recent Developments in Kennedy Lakes 1st Addn

Development, infrastructure, retail, and school activity affecting Kennedy Lakes 1st Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum49/100 · Active
  1. June 2026
    Civic

    DeSantis signs state budget with funding for Okaloosa County projects

    Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.

    What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 17 miles south of Kennedy Lakes 1st Addn.

    Source: Get The Coast
  2. May 2026
    Development

    Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview

    Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.

    What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The site is about 2 miles northeast of Kennedy Lakes 1st Addn.

    Source: Get The Coast
  3. May 2026
    Infrastructure

    Okaloosa County opens $212M Southwest Crestview Bypass

    Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.

    What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The site is about 4 miles southwest of Kennedy Lakes 1st Addn.

    Source: Get The Coast

Development alerts for Kennedy Lakes 1st AddnGet a short monthly email when something new is approved, funded, or opens near Kennedy Lakes 1st Addn.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Kennedy Lakes today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Kennedy Lakes.

Best Buy
Buyers who want space in an established Crestview neighborhood and will judge each home on condition.
Biggest Risk
Thin data — no active listings and few recent closings make pricing signals soft.
Sweet Spot
An updated home near the median that pairs the size with modern systems.
Avoid If
You need a fast, competitive move-in-ready market with predictable comps.

Condition is the price

With build years running from 1955 to 2022 and the median at 1989, this is not a uniform tract where one comp sets the whole street. Expect to see original older homes sitting near the same median as much newer or heavily updated ones. The single number you can anchor to is the $380,000 median; everything above and below it is a function of renovation status, systems age, and how a given 2,550-square-foot layout has held up. Read each house on its own terms.

No community amenities surfaced from current MLS listings — no pool, gate, or shared facilities to price in or maintain. That keeps carrying costs simple and puts the value entirely in the structure and lot. The high homestead share and low active inventory mean listings appear infrequently, so when the right condition-and-size combination comes up, it deserves attention rather than a wait-and-see.

“

The location and the amenities are priced into every listing in Kennedy Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-inventory, slow-turnover pocket where age and condition drive price more than any headline number, you need someone who will walk the systems and read each home individually instead of leaning on a thin comp set. We track this Crestview submarket closely, price sellers to the reality of a 118-day median, and help buyers use that slower cadence to negotiate rather than overpay.

Kennedy Lakes in 15 seconds.

Best forBuyers who want space in an established Crestview neighborhood and will judge each home on condition.
Biggest advantageGenerous living square footage and no amenity-driven carrying costs to layer on.
Biggest riskThin data — no active listings and few recent closings make pricing signals soft.
Sweet spotAn updated home near the median that pairs the size with modern systems.
Avoid ifYou need a fast, competitive move-in-ready market with predictable comps.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Kennedy Lakes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Kennedy Lakes.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Kennedy Lakes sales matched to your home.

What is your Kennedy Lakes home worth?

Get a no-obligation home value based on real comparable sales in Kennedy Lakes, 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 Crestview →

Real comps, not an automated estimate.

Recently off market in KENNEDY LAKES 1ST ADDN

Homes in KENNEDY LAKES 1ST ADDN 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. 2 on record.

Frequently Asked Questions

What is the median home price in Kennedy Lakes?
The median sale price in Kennedy Lakes was $380K over the 12 months ending September 20, 2026 (3 closed sales, Emerald Coast MLS).
How long do homes in Kennedy Lakes take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 118 days on market (3 sales, Emerald Coast MLS).
How many homes are in Kennedy Lakes?
The Florida DOR 2025 assessment roll shows 138 homes plus 1 vacant residential lots in Kennedy Lakes (public records).
What share of Kennedy Lakes is owner-occupied?
86% of Kennedy Lakes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Kennedy Lakes built?
Homes in Kennedy Lakes were built between 1955 and 2022, with a median year built of 1989.0 (FL DOR 2025 roll).
Who is the best real estate agent for Kennedy Lakes?
The best agent for Kennedy Lakes is one who actively works Crestview and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Kennedy Lakes.
How do I find a top Crestview real estate agent who knows Kennedy Lakes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Kennedy Lakes and the wider Crestview area.
Can Momentum Realty connect me with an agent for Kennedy Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Kennedy Lakes purchase or sale - no call center and no pressure.
Where is Kennedy Lakes, and what county is it in?
Kennedy Lakes is in Crestview, Okaloosa County, FL, ZIP codes 32536, 32539. The community's center is about 6 miles north of the center of Crestview (straight-line).
Buyers targeting around $380,000 who want more square footage than a newer build usually delivers at that numberExcellent fit
Renovation-minded buyers comfortable pricing a home by its condition and updating on their own timelineExcellent fit
Long-hold owner-occupants who value a settled, low-turnover street over resale churnExcellent fit
Buyers who need to move quickly and want a deep pool of active listings to compareProbably not
Amenity-seekers wanting a pool, gate, or shared facilities built into the communityProbably not
Investors chasing fast turnover, since occupancy here is heavily owner-held and closings are infrequentProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (5 streets, ZIP 32536/32539))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 1993 (39 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?

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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.

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Nearby Communities

Explore more neighborhoods near Kennedy Lakes with Momentum Realty’s local guides.

Lee Farms0.2 mi away · median $225K, 3 sales/12 moLiberty Oaks S D0.2 mi away · 1 for saleLeon Heights0.2 mi away · 61 homes, built 1969–18, 1 for saleLiberty Oaks (Okaloosa)0.2 mi away · 66 homes, built 2011–22Lee Farms0.3 mi away · median $351K, 4 sales/12 moLee Farm0.4 mi away · 2 for sale

Browse all neighborhood guides →

Thinking of selling in KENNEDY LAKES 1ST ADDN? 3 recorded closings; median 118 days on market (window ending 2026-09-20). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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