Momentum Housing Data · Home Values · Okaloosa County
Every figure below is from recorded MLS closings in COLONY ESTATES (Fort Walton Beach, FL) — not an algorithm’s estimate. Medians, the 11-year price history, market time, and what the record says about selling here now. Window ending 2026-07-25; refreshes as new closings record.
In the current window, sellers accepted a median 97.2% of original asking; the median sale took 63 days (window ending 2026-07-25).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $469,500 | — | 63 | 4 |
| 2025 | $362,450 | — | 12 | 4 |
| 2024 | $342,500 | — | 33 | 4 |
| 2022 | $425,000 | — | 48 | 5 |
| 2021 | $340,950 | — | 1 | 4 |
| 2020 | $274,500 | — | 3 | 6 |
| 2019 | $297,762 | — | 98 | 4 |
| 2018 | $231,500 | — | 19 | 4 |
| 2016 | $171,250 | — | 69 | 4 |
| 2015 | $162,750 | — | 45 | 6 |
| 2014 | $175,000 | — | 90 | 3 |
Over the recorded series, COLONY ESTATES’s median sold price moved from $175,000 (2014) to $469,500 (12 months ending 2026-07-25) — +168% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2014 at $175,000. The 2020–22 run-up did what it did everywhere — COLONY ESTATES’s median moved +43% from 2019 to 2022. Annual sales volume here has ranged from 1 to 6 closings a year (10-yr average 3.8). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
What actually trades here: 99% detached single family, 1% townhouse in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.
Current asking prices run a median $328,000 against the $469,500 recorded sold median (-30%) — the gap between what sellers hope and what the record shows. Momentum’s market-heat index for COLONY ESTATES reads 58/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 0% of recorded COLONY ESTATES sales in the window ending 2026-07 (0 of 4) — a fact worth knowing before assuming every buyer needs an appraisal to close. For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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More COLONY ESTATES: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures