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Florida Housing Data · ZIP Scorecard

Fort Walton Beach, FL (32548) housing scorecard.

Home value, rent, cap rate, 5-year growth, price versus incomes and our 0 to 100 Momentum Market Score for ZIP 32548, free, from Zillow, Realtor.com and Census data.

Sources: Zillow, Realtor.com, U.S. Census, Freddie Mac/FRED. Score by Momentum Realty (methodology).
Updated 2026-08-01
40/ 100
Momentum Market Score
Seller-favored
Fort Walton Beach, FL (32548) is pricey against incomes with thin buyer leverage.

At about 5.36 times the local median income, prices sit close to the Florida norm. Gross rent yield is around 6.25%. Values are up roughly 2.4% a year over the last five years. Owning the typical home at today's 6.52% 30-year rate takes about 32.6% of a median income in principal and interest, the affordability squeeze in one number. About 24.4% of listings have cut their price.

$342,487
Home value
1yr +0.9%
2.4%
5yr growth/yr
ZHVI CAGR
$1,785
Median rent
monthly (ZORI)
6.25%
Cap rate
gross yield
5.36x
Price to income
value vs incomes
+7.2%
Over/undervalued
vs FL norm
32.6%
Affordability
income to own/yr
77
Days on market
median (Realtor)
24.4%
Price cuts
share of listings
$63,857
Median income
household (Census)
23,209
Population
Census ACS
60
New listings
last month

Typical home value, last 13 months

What drives the score

Cheapness vs income38
Price-cut leverage41
Inventory growth45
Affordability38
Rent yield36

Each bar ranks this ZIP against every other Florida ZIP (0 = lowest, 100 = highest) on that input, then weighted into the score. Full methodology.

Okaloosa County scorecardAll Florida counties

Common questions

Is Fort Walton Beach, FL (32548) a buyer's or seller's market?

By the Momentum Market Score, Fort Walton Beach, FL (32548) reads seller-favored (40 out of 100), meaning it is pricey against incomes with thin buyer leverage. The score blends value versus incomes, price cuts, inventory growth, affordability and rent yield.

What is the typical home value in Fort Walton Beach?

About $342,487 (Zillow Home Value Index, 2026-08-01), up roughly 2.4% a year over five years.

Where does this data come from?

Zillow Research (home value, rent), Realtor.com (days on market, listings), U.S. Census (income, population), Freddie Mac via FRED (rate). Score and derived metrics by Momentum Realty, methodology here.

Data: Zillow Research, Realtor.com, U.S. Census Bureau ACS, and Freddie Mac 30-Year Fixed Rate Mortgage Average [MORTGAGE30US] via FRED. Score by Momentum Realty.

Housing distress & ownership in ZIP 32548

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

Active inventory in distress
0.39%
1 of 259 listings · reo 1
Months of supply
8.2
buyer’s market · active inventory ÷ sales pace (trailing 12 mo)
Out-of-state owners
27.7%
mailing address outside FL
Non-homestead
63.3%
not owner-occupied (investor/2nd-home proxy)
Median just value
$268,040
13,514 parcels
Median owner tenure
1 yrs
years since the home last sold (county tax roll)
Owners at 2× their price
2.9%
today’s just value is at least double the last sale price
Median closed sale price — $368,475 · ▲ 6.8% yr (12-mo rolling)
Distress share trend — 0.39% now (2026-08-10 → 2026-08-11)

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.

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