Kennedy Lakes
Homes for Sale in Crestview, FL
All 415 homes for sale in Crestview, FL · median $329,800 · 155 homes for sale in 32536 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
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; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 150 ft). 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).
Last 30 days in Kennedy Lakes: 1 closed sale (median $332,000). As of October 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.
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.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
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.
The setting & the homes.
Aerial and on-site photos of Kennedy Lakes. Swipe to explore the community.
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Kennedy Lakes
Kennedy Lakes
Kennedy Lakes
Kennedy LakesPhotos from Emerald Coast MLS listings in Kennedy Lakes; content deemed reliable but not guaranteed.
Who Kennedy Lakes is best for.
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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($380K) IS the median in the snapshot above.
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.
32% 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 (2026-09-20).
Kennedy Lakes Market Scorecard
Kennedy Lakes is currently a balanced market..
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.
Kennedy Lakes 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 contributors.
The Kennedy Lakes buying strategy.
If we were buying in Kennedy Lakes 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Kennedy Lakes.
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.
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.
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 Kennedy Lakes 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 Kennedy Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Kennedy Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 →
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. 3 on record.
- 101 Thurston Place · off market
- 114 Thurston Place · off market
- 210 Shell Drive · off market
| Location | Crestview, Okaloosa County, FL · ZIP 32536, 32539 |
|---|---|
| Homes in the community | 138 (FL DOR 2025 assessment roll) |
| Years built | 1955–2022 (median 1989.0) |
| Typical living area | 2,550 sq ft (median) |
| Amenities listed by sellers | Security System |
| Sale prices, last 12 months | $380,000 median across 3 closed sales |
| Days on market (closed sales) | 118 median |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 86% |
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 key facts,” movewithmomentum.com/neighborhoods/kennedy-lakes-1st-addn, data as of September 20, 2026.
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.
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.
More Crestview home searches
- All homes for sale in Crestview, FL
- Homes for sale in Okaloosa County, FL
- Crestview waterfront homes for sale
- Gated communities in Crestview
- Homes under $300K in Crestview
- Homes from $300K to $500K in Crestview
- 4-bedroom homes for sale in Crestview
- Crestview home values: what is my house worth?
- ZIP 32536 housing scorecard
- 2 coming-soon communities in Okaloosa County
Crestview guides & data
- Market data
- Best neighborhoods (ranked by data)
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Old Bethel Road (1 homes on record)
Email me new listings in Kennedy Lakes
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Kennedy Lakes
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Kennedy Lakes will answer, and the answer is published on this page for the next buyer.
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 October 2026.
- October 2026Infrastructure
Okaloosa County stabilizes 180 miles of dirt roads in north county
Okaloosa County has stabilized 180 miles of dirt roads using the voter-approved infrastructure surtax, more than triple the original goal of 50 miles in five years. The roads received a limerock base topped with chip-seal or hot-mix, and the county says only a handful of roads remain. The work is in north Okaloosa County.
What it may mean for the marketPaved rural roads in north Okaloosa could improve year-round access and reduce road maintenance costs for areas near Crestview. The site is about 2 miles north of Kennedy Lakes 1st Addn.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 23 miles south of Kennedy Lakes 1st Addn, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Civic
Okaloosa commissioners reject 12-month data center moratorium 3-2
Okaloosa County commissioners voted 3-2 on September 15 against a 12-month data center moratorium. On September 3 the board unanimously directed staff to develop a regulatory framework for data centers, with an outline due within 60 days. No specific project or site was proposed, and commissioners discussed protecting the Shoal River Industrial Park.
What it may mean for the marketThe pending rules will shape where large power-and-land-intensive facilities can locate in the county, including industrial land near Crestview. The site is about 2 miles southwest of Kennedy Lakes 1st Addn.
Source: Get The Coast - June 2026Civic
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 - May 2026Development
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 - May 2026Infrastructure
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
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.
Frequently Asked Questions
What is the median home price in Kennedy Lakes?
How long do homes in Kennedy Lakes take to sell?
How many homes are in Kennedy Lakes?
What share of Kennedy Lakes is owner-occupied?
When were the homes in Kennedy Lakes built?
Who is the best real estate agent for Kennedy Lakes?
How do I find a top Crestview real estate agent who knows Kennedy Lakes?
Can Momentum Realty connect me with an agent for Kennedy Lakes?
Where is Kennedy Lakes, and what county is it in?
Should you buy in Kennedy Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 19, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 32536/32539)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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.
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More on Kennedy Lakes
- Home values · What homes in Kennedy Lakes actually sell for
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