32548 (Fort Walton Beach)
Housing Market
Median sale price $333,000, up 9.3% year over year, with homes going under contract in about 42 days, 89 homes on the market.
Momentum
Your exact situation run against today's numbers: true comps, negotiation targets, and the off-market homes portals never show.
Selling instead? See what your home is worth today →
Housing Market Analyst
Prices are up 9.3% versus the prior year and sellers are still collecting 96.0% of asking. Taken together, the data points to a seller-leaning market.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Mortgage sensitivity — at 4.5× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32548 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 32548 is hot — and where it isn't
Each dot is a community (49 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 32548 (Fort Walton Beach)
The median sale price across 32548 currently stands at $333,000, up 9.3% from a year ago. Buyers are paying a median of $246 per square foot. The typical home goes under contract in about 42 days. Sellers are capturing 96.0% of their original asking price on average.
There are 89 active listings on the market, with 31 more already under contract.
Zillow's home value index for Okaloosa County stands at $357,488. About 25% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32548 is 71 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
32548 since 2012 — and where it’s heading
A median home here sold for $163,389 in 2012 and $400,118 over the last recorded year — 145% appreciation across 14 years of recorded sales. Cash buyers took 1% of recent sales, down from a 2% peak.
Median sale price · 2012–2026 (3,565 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Okaloosa County (Zillow ZHVI)
For-sale inventory · county (Zillow)
What’s driving 32548
Top inbound states: TX, CA, AL, NC. Movers arriving report ~$72,311 average income. Source: IRS SOI county-to-county migration, 2022-2023
1,101 Citizens policies in force in Okaloosa County — the state-backed insurer of last resort. Budget insurance into any Okaloosa purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
987 single-family · 70 multi-family · 4.9 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Okaloosa
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32548 ← this page | $333K | 89 | 71 | |
| 32541 | $759K | 533 | 30 | Open → |
| 32539 | $315K | 139 | 48 | Open → |
| 32536 | $325K | 120 | 64 | Open → |
| 32547 | $357K | 93 | 75 | Open → |
| 32569 | $325K | 86 | 65 | Open → |
Neighborhoods on the move
| SANTA ROSA ISLANDFort Walton Beach | $702K | ▲ 30% |
| OAKLAND ADDNFort Walton Beach | $330K | ▲ 19% |
| PORT DIXIEShalimar | $325K | ▲ 10% |
| PINE MEADOWSFort Walton Beach | $300K | ▲ 5% |
| VILLA RUSS PARKFort Walton Beach | $365K | ▲ 4% |
| CHATEAU PRES DE LA MERMary Esther | $310K | ▼ 8% |
| Willow BendFort Walton Beach | $270K | ▼ 3% |
| ELLIOTTS POINTFort Walton Beach | $370K | ▼ 0% |
| EMERALD VILLAGE S/DFort Walton Beach | $392K | ▼ 1% |
| WYNNEHAVEN BEACH ESTATESMary Esther | $322K | ▼ 1% |
| PORT DIXIEShalimar | $325K | 15 |
| WATERSCAPEFort Walton Beach | $798K | 9 |
| SANTA ROSA ISLANDFort Walton Beach | $702K | 8 |
| ISLAND PRINCESSFort Walton Beach | $625K | 7 |
| NONESUCH WAYCrestview | $410K | 5 |
| PINE MEADOWSFort Walton Beach | $300K | 6 days |
| OAKLAND ADDNFort Walton Beach | $330K | 11 days |
| WYNNEHAVEN BEACH ESTATESMary Esther | $322K | 13 days |
| ELLIOTTS POINTFort Walton Beach | $370K | 15 days |
| VILLA RUSS PARKFort Walton Beach | $365K | 16 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32548 right now?
The data says conditions currently favor sellers in 32548 — the Momentum Score reads 71/100. Buyers should come fully underwritten; sellers still set the pace here. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32548 becoming more affordable?
No — the median sale price in 32548 is $333,000, up 9.3% versus the prior year, while sellers still capture 96.0% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 32548?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are CHATEAU PRES DE LA MER (-8%); Willow Bend (-3%); ELLIOTTS POINT (0%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32548 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are PINE MEADOWS (6 days); OAKLAND ADDN (11 days); WYNNEHAVEN BEACH ESTATES (13 days) — homes there go under contract well ahead of the market-wide pace of 42 days.
32548 (Fort Walton Beach) housing market FAQ
What is the median home price in 32548?
The median sale price in 32548 is currently $333,000, up 9.3% from a year ago, based on MLS sales data updated August 6, 2026.
Is 32548 a buyer's or seller's market right now?
The data currently favors sellers. 32548 scores 71 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 32548?
The typical home in 32548 goes under contract in about 42 days, per current MLS data.
How many homes are for sale in 32548?
There are approximately 89 active listings in 32548 as of August 6, 2026.
Are home prices in 32548 rising or falling?
Median sale prices are up 9.3% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32548 (Fort Walton Beach). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 6, 2026 at 7:18 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.