Momentum Housing Data · Home Values · Walton County

LUAU I Home Values: What Homes Actually Sell For

LUAU I (Miramar Beach, FL): 7 recorded closings in the 12 months ending 2026-07-25, a 15-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$381,000
-48.5% vs prior year · window ending 2026-07-25
Median days to sell
45
from list to contract-to-close record

In the current window, sellers accepted a median 93.8% of original asking; the median sale took 45 days (window ending 2026-07-25).

The 15-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$381,0004593.8%7
2025$740,0005992.6%3
2024$380,0005791.8%6
2023$550,0001295.2%5
2022$569,000998.3%19
2021$402,0004196.7%20
2020$210,00017491.7%9
2019$230,0005797.3%9
2018$269,0009695.7%15
2017$295,00018791.5%3
2016$395,00013692.3%3
2015$271,5007493.5%3
2014$122,50015387.9%6
2013$185,87512488.6%4
2012$140,00030276.4%9

Over the recorded series, LUAU I’s median sold price moved from $140,000 (2012) to $381,000 (12 months ending 2026-07-25) — +172% over that span, with every year’s figure from recorded closings, not a model.

The last decade in LUAU I, briefly

The recorded series starts in 2012 at $140,000. The 2020–22 run-up did what it did everywhere — LUAU I’s median moved +147% from 2019 to 2022. Against the 2025 peak of $740,000, the current median stands at -49%. Annual sales volume here has ranged from 3 to 20 closings a year (10-yr average 9.6). With roughly 9.6 closings a year, LUAU I’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.

What actually trades here: 100% condominium in the current window.

What is on the market in LUAU I right now

From the live MLS feed as of 2026-07-25: 19 active listings (plus 0 pending) asking from $200,000 to $1,225,000, median $385,000; 14 of 19 have been on the market over 60 days (median 114 days so far); the homes listed or recently sold were built between 2006 and 2006 (median 2006); none of the 19 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 32 ft); the features listings here most often name are Exercise Room, Pool, Beach, Elevators, Gated and Golf. 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 LUAU I listings →

At LUAU I’s $381,000 median and Walton County’s adopted 9.758 mills (FY2025-26), a home assessed at that price carries roughly $3,720 a year in property tax before exemptions, or about $3,330 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 Walton County tax page.

Selling in LUAU I right now: what the record says

Current asking prices run a median $385,000 against the $381,000 recorded sold median (+1%) — the gap between what sellers hope and what the record shows. Momentum’s market-heat index for LUAU I reads 47/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 0% of recorded LUAU I sales in the window ending 2026-07 (0 of 7) — a fact worth knowing before assuming every buyer needs an appraisal to close. Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a LUAU I buyer will actually pay; the spread on any single home comes down to size, condition and timing.

What would YOUR LUAU I home sell for?

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.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How LUAU I compares with its neighbors

Communities buyers shopping LUAU I 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.

CommunityMedian soldMedian $/sqftMedian DOMSales
LUAU II$545,0003047
BEACHSIDE TWO$965,0001385
TIDES AT TOPS'L$900,0001527
SUMMIT AT TOPS'L (THE)$450,000637

More LUAU I: 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