Momentum Housing Data · Home Values · Okaloosa County

TERRA COTTA TERRACE Home Values: What Homes Actually Sell For

TERRA COTTA TERRACE (Destin, FL): 4 recorded closings in the 12 months ending 2026-07-25, 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 96.3% of original asking; the median sale took 39 days (window ending 2026-07-25).

The 6-year recorded price history

Over the recorded series, TERRA COTTA TERRACE’s median sold price moved from $319,500 (2015) to $936,750 (12 months ending 2026-07-25) — +193% over that span, with every year’s figure from recorded closings, not a model.

The last decade in TERRA COTTA TERRACE, briefly

The recorded series starts in 2015 at $319,500. Annual sales volume here has ranged from 1 to 11 closings a year (10-yr average 3.5). With roughly 3.5 closings a year, TERRA COTTA TERRACE’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% detached single-family in the current window.

What is on the market in TERRA COTTA TERRACE right now

From the live MLS feed as of 2026-07-25: 8 active listings (plus 0 pending) asking from $699,000 to $1,429,000, median $987,000; 6 of 8 have been on the market over 60 days (median 125 days so far); the homes listed or recently sold were built between 1991 and 2016 (median 1994); none of the 8 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 26 ft); the features listings here most often name are Pool, Deed Access, Tennis Court(s), Community Room and Beach. 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 TERRA COTTA TERRACE listings →

At TERRA COTTA TERRACE’s $936,750 median and Okaloosa County’s adopted 12.89 mills (FY2025-26), a home assessed at that price carries roughly $12,080 a year in property tax before exemptions, or about $11,570 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.

Selling in TERRA COTTA TERRACE right now: what the record says

Current asking prices run a median $987,000 against the $936,750 recorded sold median (+5%) — the gap between what sellers hope and what the record shows.

Cash bought 0% of recorded TERRA COTTA TERRACE sales in the window ending 2026-07 (0 of 4) — 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 TERRA COTTA TERRACE buyer will actually pay; the spread on any single home comes down to size, condition and timing.

How TERRA COTTA TERRACE compares with its neighbors

Communities buyers shopping TERRA COTTA TERRACE 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.

More TERRA COTTA TERRACE: 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