Momentum Research · Market data
Destin-Walton median$524,184+6.0%Days on market55−3.0dSale to list96.2%Price cuts23.4%Closed sales756Florida median, all residential$430,535+3.2%As of2026-07

Destin-Walton housing market data

Okaloosa, Walton Counties. Monthly medians of closed residential sales, computed from MLS records licensed by Momentum Realty. Latest complete month: 2026-07.

Median closed price
$524,184
▲ 6.0% vs 2025-07
Median days on market
55
▼ 3 days vs 2025-07
Sale to original list
96.2%
of first asking price
Closed sales
756
in 2026-07

Destin-Walton coverage

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The market in context

These come from outside sources, not from our MLS records. We keep them separate so you can see where an independent series agrees with ours and where it does not.

Median household income
$79,187
ACS 5-year, 2023
Price to income
6.6×
median home ÷ median income
Est. annual property tax
$5,387
11.36 mills, homesteaded
Fair market rent, 2BR
$1,579
HUD FY2026
Zillow ZHVI
$502,637
-4.1% vs our median
Active inventory
n/a
June 2026

Share of listings with a price cut

2018-03 to 2026-07 · latest 23.4%
3022157201820192020202120222023202420252026
Context sources. Median household income: U.S. Census American Community Survey 5-year estimates, 2023 vintage. Property tax: county millage, FY2025-26 adopted, applied to the median closed price less Florida's $50,000 homestead exemption, an estimate for a homesteaded primary residence, not a tax bill, and municipal and special-district millage varies within every county. Fair market rent: HUD, by bedroom count. Zillow Home Value Index: a different methodology from ours. ZHVI estimates the value of the typical home, while our figure is the median of homes that actually closed, so the two will not match and the gap is shown rather than hidden. Inventory and price-cut share: county series, June 2026 vintage. Multi-county markets weight each county by its closed-sale count.

Homes for sale and homes going under contract

Both lines are counted from Redfin's county file: active listings, and pending sales, contracts signed that month. Neither is an estimate of buyers. The chart's source line carries the latest month in the file. These figures are Redfin's, not computed from our MLS feeds.

In 2026-07, 5,611 homes were listed for sale across the Destin-Walton market and 862 went under contract. A year earlier the counts were 5,955 and 783, so homes for sale are down 5.8% and contracts are up 10.1% over twelve months. Fewer homes and more contracts is the shape of a market tightening toward sellers.

Destin, homes for sale and going under contract, monthly since 2012
Homes for sale, active listingsGoing under contract, pending sales
02K4K6K201220142016201820202022202420265,611For sale862Under contractRedfin, Housing Market Tracker county file, through 2026-07 · movewithmomentum.com

What renters are asked to pay

Typical ASKED rent for units listed on Zillow (Zillow Observed Rent Index), by county, monthly. Asking rent is what new listings seek, not what sitting tenants pay; renewals are invisible to it. These figures are Zillow's, not computed from our MLS feeds.

Okaloosa asks $1,976, +2.4% in a year and 49% above 2019 levels. Walton asks $1,955, +0.2% in a year and 41% above 2019 levels. Asking rent describes new listings, not renewals, so a flat or falling line here reaches sitting tenants slowly and shows up first in concessions on new leases.

Destin, typical asked rent (ZORI), monthly since 2015
OkaloosaWalton
$1,000$1,500$2,000201520162017201820192020202120222023202420252026$1,976$1,955Zillow Observed Rent Index (ZORI), through 2026-07 · movewithmomentum.com

Every metric

Median closed price

$524,184
+6.0% year over year
#3 of 19 markets, year-over-year change
2001-01 to 2026-07
Full history →
$594k$422k$249k$77k200120042007201020132016201920222025

Median days on market

55
-5.2% year over year
#7 of 19 markets, year-over-year change
2001-01 to 2026-07
Full history →
1499848-3200120042007201020132016201920222025

Sale-to-original-list ratio

96.2%
+1.1% year over year
#13 of 19 markets, year-over-year change
2001-01 to 2026-07
Full history →
101%95%90%84%200120042007201020132016201920222025

Closed sales

756
+18.9% year over year
#2 of 19 markets, year-over-year change
2001-01 to 2026-07
Full history →
96565033520200120042007201020132016201920222025

Median bedrooms

3.0
0.0% year over year
#13 of 14 markets, year-over-year change
2001-01 to 2026-07
Full history →
3.53.23.02.7200120042007201020132016201920222025

Median year built

2,008
+0.1% year over year
#3 of 14 markets, year-over-year change
2001-01 to 2026-07
Full history →
2,0112,0021,9941,985200120042007201020132016201920222025
Method. Monthly medians of closed residential sales for Okaloosa, Walton Counties. The partial current month is excluded rather than plotted short. County-months with fewer than 25 closed sales are dropped. Multi-county figures are an n-weighted average of county medians, which approximates a pooled median but is not one. Data may be preliminary and subject to revision by its source. See our editorial standards and corrections policy.
Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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