Momentum Housing Data · Home Values · Okaloosa County
Every figure below is from recorded MLS closings in LAKE LORRAINE ESTATES 3 (Shalimar, FL) — not an algorithm’s estimate. Medians, the 12-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 91.3% of original asking; the median sale took 121 days (window ending 2026-07-25).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $507,500 | — | 121 | 4 |
| 2025 | $469,000 | — | 23 | 5 |
| 2023 | $447,500 | — | 9 | 4 |
| 2022 | $445,000 | — | 4 | 3 |
| 2021 | $448,500 | — | 20 | 4 |
| 2020 | $357,000 | — | 9 | 4 |
| 2018 | $345,000 | — | 51 | 3 |
| 2017 | $282,000 | — | 38 | 4 |
| 2016 | $277,500 | — | 59 | 4 |
| 2015 | $280,000 | — | 11 | 3 |
| 2014 | $248,000 | — | 49 | 4 |
| 2013 | $252,500 | — | 42 | 6 |
Over the recorded series, LAKE LORRAINE ESTATES 3’s median sold price moved from $252,500 (2013) to $507,500 (12 months ending 2026-07-25) — +101% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $252,500. Annual sales volume here has ranged from 2 to 6 closings a year (10-yr average 3.5). 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: 100% detached single family 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 $520,000 against the $507,500 recorded sold median (+2%) — the gap between what sellers hope and what the record shows. Momentum’s market-heat index for LAKE LORRAINE ESTATES 3 reads 28/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Cash bought 0% of recorded LAKE LORRAINE ESTATES 3 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 LAKE LORRAINE ESTATES 3: 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