Shoal Terrace Estates
Homes for Sale in Crestview, FL
All 420 homes for sale in Crestview, FL · median $329,650 · 164 homes for sale in 32536 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of October 2026, Shoal Terrace Estates in Crestview, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $234,900, a median 85 days on market, sellers accepting 96% of original asking (-4% versus the prior year). Homes listed or recently sold were built 1988–1994. At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $3,030 ($2,520 with the full homestead exemption).
| Location | Crestview, Okaloosa County, FL · ZIP 32536, 32539 |
|---|---|
| Homes in the community | 110 (FL DOR 2025 assessment roll) |
| Years built | 1964–2023 (median 1989.0) |
| Typical living area | 1,224 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Sale prices, last 12 months | $234,900 median across 5 closed sales · -4.1% vs the prior 12 months |
| Days on market (closed sales) | 85 median |
| For sale right now | 1 active, 0 pending · median asking $289,000 · 2.4 months of supply |
| Owner-occupied (homestead) share | 58% |
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, “SHOAL TERRACE ESTATES key facts,” movewithmomentum.com/neighborhoods/shoal-terrace-estates, data as of September 20, 2026.
Price here is driven mainly by condition and vintage, not by amenities or new construction. The housing stock spans roughly six decades, from 1964 through 2023, with the middle of the range built in 1989, so what you pay tracks closely to how much updating a given home has already had. The median sits at $234,950, and around that number you will find a wide spread depending on renovation status and square footage, with the typical home near 1,330 living feet.
The current posture favors a patient buyer. The median home is taking 72 days to sell, prices are down 4.1% year over year, and the market heat score of 29 points to a slow, unhurried pace. There are no active listings in the snapshot, so timing matters — inventory here comes and goes. Sellers should price to the reality of a soft, condition-sensitive market rather than to hope.
Shoal Terrace Estates right now
🟡 Balanced market. 2.4 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.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 20, 2026. Confidence: Medium (1 active and pending listings, 5 closed sales in 12 months).
🟡 Off the recent peak. The trailing-12-month median ($235K) is down 4.1% from the prior 12 months ($245K). With about 5 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 20. Confidence: Low (5 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 1, 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
Shoal Terrace Estates market snapshot (as of September 20, 2026): the median sale price is about $235K, a median 85 days on market for closed sales, and 2.4 months of supply, a balanced market. The trailing-12-month median is down 4% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (5 closings in the current window).
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 6 qualified sales in SHOAL TERRACE ESTATES across 2025–2025, median $245,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Shoal Terrace Estates is a community of 110 homes in Crestview, Okaloosa County, built between 1964 and 2023 (median 1989.0), with a median living area of about 1,224 square feet. 58% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Shoal Terrace Estates is an established, mostly owner-occupied pocket of Crestview with an owner-occupancy share around 62%, an older housing base with occasional newer infill, and no shared amenities to carry value.
The setting & the homes.
Aerial and on-site photos of Shoal Terrace Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Shoal Terrace Estates
Shoal Terrace Estates
Shoal Terrace Estates
Shoal Terrace Estates
Shoal Terrace EstatesPhotos from Emerald Coast MLS listings in Shoal Terrace Estates; content deemed reliable but not guaranteed.
Who Shoal Terrace Estates is best for.
Best for
- Buyers with a modest budget willing to update an older home to build value
- Owner-occupants seeking an established, mostly owner-occupied area over a new build
- Patient buyers who can wait for the right listing to surface and negotiate on it
Probably not for
- Buyers who want turnkey new construction with no renovation work
- Anyone who needs community amenities like a pool or clubhouse
- Buyers or investors counting on a fast resale in a soft, slow-moving market
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 ($235K) IS the median in the snapshot above, and the move from 2025 ($245K) IS the -4.1% one-year change.
Windows contain 1 to 11 sales each (5 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.
25% of homes for sale in ZIP 32539 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 (2026-09-29).
Shoal Terrace Estates Market Scorecard
Shoal Terrace Estates is currently a balanced market. About 2.4 months of supply, a median asking price of $289,000, and homes go under contract in about 55 days.
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 SHOAL TERRACE ESTATES, 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.
Homes For Sale Right Now in Shoal Terrace Estates
Live MLS inventory for Shoal Terrace Estates. 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 Shoal Terrace Estates listings as of 2026-09-30, 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 Shoal Terrace Estates Right Now (1)
All 1 active and pending Shoal Terrace Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 127 Oak Terrace Drive · $285,000 · 4 bd / 2 ba · listed Aug 1, 2026 · listed by Realty ONE Group Emerald Coast
Shoal Terrace Estates 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
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Riverside · Elementary
- Shoal River · Middle
- Crestview · High
Zoned schools reflect the assignments reported on recent Shoal Terrace Estates 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 Shoal Terrace Estates address.
Shop the zone: Homes zoned for Crestview High School
The Shoal Terrace Estates buying strategy.
If we were buying in Shoal Terrace Estates 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 Shoal Terrace Estates.
An established stock that rewards the renovator
With 285 homes and a build range from 1964 to 2023, this is not a uniform subdivision — it is a mix of older houses and scattered newer ones. The median build year of 1989 and median size near 1,330 square feet describe a modest, mid-sized home. That variety is the story: two houses at the same address count can trade far apart based purely on what has been updated.
The soft numbers — a 4.1% year-over-year decline and 72 days to sell — mean neither side should move fast. A buyer has room to inspect, negotiate, and walk. A seller needs honest condition assessment and realistic pricing, because with no amenities to lean on and a slow heat score of 29, the home has to compete on its own merits.
The location and the amenities are priced into every listing in Shoal Terrace Estates. 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 Shoal Terrace Estates 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 (6.4). Basis: Recent Direction -4.1% year-over-year; Liquidity & Demand 2.4 months of supply; Owner Commitment 58% owner-occupied; Pricing Power 96.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a condition-driven market with thin inventory and a slow pace, the value is in reading each home individually — vintage, updates, and square footage — rather than trusting a headline median. We track when listings surface, help buyers judge renovation cost against the $234,950 median, and coach sellers to price into a soft, patient market instead of against it.
Shoal Terrace Estates 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 Shoal Terrace Estates 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 Shoal Terrace Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shoal Terrace Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Shoal Terrace Estates home worth?
Get a no-obligation home value based on real comparable sales in Shoal Terrace Estates, 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 SHOAL TERRACE ESTATES
Homes in SHOAL TERRACE ESTATES 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. 1 on record.
- 144 Oak Terrace Drive · off market
Frequently Asked Questions
What is the median home price in Shoal Terrace Estates?
How long do homes in Shoal Terrace Estates take to sell?
Is Shoal Terrace Estates a buyer's or seller's market right now?
How many homes are in Shoal Terrace Estates?
What share of Shoal Terrace Estates is owner-occupied?
When were the homes in Shoal Terrace Estates built?
Who is the best real estate agent for Shoal Terrace Estates?
How do I find a top Crestview real estate agent who knows Shoal Terrace Estates?
Can Momentum Realty connect me with an agent for Shoal Terrace Estates?
Where is Shoal Terrace Estates, and what county is it in?
Is Shoal Terrace Estates a good place to live?
Should you buy in Shoal Terrace Estates?
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: September 30, 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 (1 streets, ZIP 32536/32539)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1993 (122 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 SHOAL TERRACE ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Shoal Terrace Estates
- Home values · What homes in Shoal Terrace Estates actually sell for
Nearby Communities
Explore more neighborhoods near Shoal Terrace Estates with Momentum Realty’s local guides.