Momentum Housing Data · Home Values · Walton County
Buying here? See Paradise Cove homes for sale and the Paradise Cove community guide (Point Washington).
Paradise Cove (Point Washington, FL): 4 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 92.0% of original asking; the median sale took 50 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $605,000 | — | 50 | 92.0% | 4 |
| 2023 | $622,000 | — | 95 | 89.5% | 8 |
| 2020 | $433,100 | — | 81 | 99.0% | 3 |
| 2019 | $423,200 | — | 64 | 100.0% | 17 |
| 2018 | $392,350 | — | 85 | 100.0% | 17 |
| 2017 | $360,025 | — | 22 | 100.0% | 8 |
Over the recorded series, Paradise Cove’s median sold price moved from $360,025 (2017) to $605,000 (12 months ending 2026-09-20) — +68% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2017 at $360,025. Against the 2023 peak of $622,000, the current median stands at -3%. Annual sales volume here has ranged from 0 to 17 closings a year (10-yr average 6.4). With roughly 6.4 closings a year, Paradise Cove’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 2026-10-01: 5 active listings (plus 1 pending) asking from $549,000 to $734,900, median $623,000; 5 of 5 have been on the market over 60 days (median 98 days so far); the homes listed or recently sold were built between 2015 and 2019 (median 2017); none of the 10 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 19 ft); the features listings here most often name are Pool, Pets Allowed, Short Term Rental - Not Allowed, Security System and Pavillion/Gazebo. 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 Paradise Cove listings →
At Paradise Cove’s $605,000 median and Walton County’s adopted 9.758 mills (FY2025-26), a home assessed at that price carries roughly $5,900 a year in property tax before exemptions, or about $5,520 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.
Current asking prices run a median $611,500 against the $605,000 recorded sold median (+1%) — the gap between what sellers hope and what the record shows. The market is carrying about 18 months of supply at the current sales pace. Demand check: 0% of Paradise Cove’s listings are under contract, against 18% for ZIP 32459 and 18% for Walton County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information.
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Paradise Cove buyer will actually pay; the spread on any single home comes down to size, condition and timing.
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 Paradise Cove 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 |
|---|---|---|---|---|
| The Preserve at Paradise Cove | $561,250 | — | 22 | 4 |
| EDEN ESTATES S/D | $2,178,375 | — | 36 | 4 |
| Peach Creek | $517,500 | — | 59 | 12 |
| MAGNOLIA BEACH | $585,000 | — | 57 | 15 |
More Paradise Cove: 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.