Momentum Housing Data · Home Values · Okaloosa County
Buying here? See Emerald Isle homes for sale and the Emerald Isle community guide (Fort Walton Beach).
EMERALD ISLE (Fort Walton Beach, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 6-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 92.3% of original asking; the median sale took 73 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $350,000 | — | 73 | 92.3% | 3 |
| 2025 | $464,000 | — | 80 | 89.4% | 4 |
| 2021 | $325,000 | — | 31 | 97.8% | 5 |
| 2019 | $308,000 | — | 71 | 98.2% | 6 |
| 2018 | $336,750 | — | 249 | 89.0% | 4 |
| 2012 | $131,500 | — | 142 | 84.7% | 3 |
Over the recorded series, EMERALD ISLE’s median sold price moved from $131,500 (2012) to $350,000 (12 months ending 2026-09-20) — +166% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $131,500. Against the 2025 peak of $464,000, the current median stands at -25%. Annual sales volume here has ranged from 0 to 6 closings a year (10-yr average 2.8). With roughly 2.8 closings a year, EMERALD ISLE’s 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 above.
From the live MLS feed as of 2026-07-25: 5 active listings (plus 1 pending) asking from $319,900 to $579,900, median $515,000; 4 of 5 have been on the market over 60 days (median 110 days so far); the homes listed or recently sold were built between 1974 and 1974 (median 1974); 1 of 6 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 9 ft; the features listings here most often name are Community Room, Pool, BBQ Pit/Grill, Beach, Elevators and TV Cable. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current EMERALD ISLE listings →
At EMERALD ISLE’s $350,000 median and Okaloosa County’s adopted 12.89 mills (FY2025-26), a home assessed at that price carries roughly $4,510 a year in property tax before exemptions, or about $4,000 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Okaloosa County tax page.
Current asking prices run a median $515,000 against the $350,000 recorded sold median (+47%) — the gap between what sellers hope and what the record shows. Demand check: 17% of EMERALD ISLE’s listings are under contract, against 27% for ZIP 32547 and 23% for Okaloosa County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
With asking prices running +47% over the recorded sold median, a EMERALD ISLE listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local 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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Communities buyers shopping EMERALD ISLE are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| SANTA ROSA ISLAND | $771,250 | — | 19 | 10 |
| PELICAN ISLE | $415,000 | — | 62 | 5 |
| WATERS EDGE | $880,000 | — | 22 | 4 |
| QUAIL RUN | $312,000 | — | 40 | 7 |
More EMERALD ISLE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
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
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.