Fort Walton Beach
Housing Market
Median sale price $365,000, up 6.1% year over year, with homes going under contract in about 39 days, 94 homes on the market.
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Housing Market Analyst
Inventory sits at 4.5 months of supply — balanced by the 3-to-6-month balanced benchmark, and 36% of listed homes are already under contract. Prices are up 6.1% versus the prior year and sellers are still collecting 96.5% 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.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 36% of inventory sits under contract.
- 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 Fort Walton Beach 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 Fort Walton Beach is hot — and where it isn't
Each dot is a community (70 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Fort Walton Beach
The median sale price across Fort Walton Beach currently stands at $365,000, up 6.1% from a year ago. The typical home goes under contract in about 39 days. Sellers are capturing 96.5% of their original asking price on average.
There are 94 active listings on the market, with 22 more already under contract. At the current sales pace that works out to 4.5 months of supply — roughly balanced conditions by the standard six-month benchmark. 270 homes closed here over the trailing 12 months.
Zillow's home value index for Okaloosa County stands at $356,683. 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 Fort Walton Beach is 65 of 100 — healthy market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
Fort Walton Beach since 2012 — and where it’s heading
A median home here sold for $167,796 in 2012 and $411,290 over the last recorded year — 145% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (3,762 recorded sales)
Days on market by year
Home value trend · Okaloosa County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Okaloosa County (MLS)
Median price · daily recalculation
What’s driving Fort Walton Beach
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.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in Fort Walton Beach right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
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.
How it stacks up across Okaloosa County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Fort Walton Beach ← this page | $365K | 94 | 65 | |
| Destin | $730K | 321 | 27 | Open → |
| Crestview | $322K | 187 | 59 | Open → |
| Niceville | $536K | 59 | 65 | Open → |
| Mary Esther | $320K | 55 | 55 | Open → |
| Shalimar | $395K | 33 | 74 | Open → |
Neighborhoods on the move
| SANTA ROSA ISLANDFort Walton Beach | $771K | ▲ 44% |
| ELLIOTTS POINTFort Walton Beach | $425K | ▲ 28% |
| VILLA RUSS PARKFort Walton Beach | $393K | ▲ 16% |
| OAKLAND ADDNFort Walton Beach | $322K | ▲ 15% |
| Willow BendFort Walton Beach | $275K | ▲ 6% |
| KENWOOD S/DFort Walton Beach | $474K | ▼ 12% |
| WATERSCAPEFort Walton Beach | $798K | ▼ 6% |
| OAKLAND HEIGHTSFort Walton Beach | $300K | ▼ 5% |
| Willow BendFort Walton Beach | $275K | ▼ 6% |
| OAKLAND ADDNFort Walton Beach | $322K | ▼ 15% |
| WATERSCAPEFort Walton Beach | $798K | 11 |
| ISLAND PRINCESSFort Walton Beach | $600K | 6 |
| SANTA ROSA ISLANDFort Walton Beach | $771K | 6 |
| OAKLAND HEIGHTSFort Walton Beach | $300K | 4 |
| VILLA RUSS PARKFort Walton Beach | $393K | 3 |
| OAKLAND HEIGHTSFort Walton Beach | $300K | 14 days |
| VILLA RUSS PARKFort Walton Beach | $393K | 16 days |
| ELLIOTTS POINTFort Walton Beach | $425K | 19 days |
| OAKLAND ADDNFort Walton Beach | $322K | 19 days |
| SANTA ROSA ISLANDFort Walton Beach | $771K | 20 days |
Fort Walton Beach ZIP codes
Most active communities
More on Fort Walton Beach
Put this data to work
The questions people actually ask
Should I buy a house in Fort Walton Beach right now?
The data says conditions currently favor sellers in Fort Walton Beach — the Momentum Score reads 65/100 with 4.5 months of supply. 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 Fort Walton Beach becoming more affordable?
No — the median sale price in Fort Walton Beach is $365,000, up 6.1% versus the prior year, while sellers still capture 96.5% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in Fort Walton Beach?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are KENWOOD S/D (-12%); WATERSCAPE (-6%); OAKLAND HEIGHTS (-5%). 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 Fort Walton Beach neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are OAKLAND HEIGHTS (14 days); VILLA RUSS PARK (16 days); ELLIOTTS POINT (19 days) — homes there go under contract well ahead of the market-wide pace of 39 days.
How does Fort Walton Beach compare to the rest of Okaloosa County?
Fort Walton Beach's median of $365,000 runs 0% below the county-wide median of $365,000, and homes here take 39 days to go under contract versus 67 county-wide.
Fort Walton Beach housing market FAQ
How is the housing market in Fort Walton Beach right now?
As of September 15, 2026, the Fort Walton Beach housing market favors sellers: the median sale price is $365,000 (up 6.1% year over year), 94 homes are for sale against 270 sales in the last 12 months, which is 4.5 months of supply, and the typical home goes under contract in about 39 days.
How much is a house in Fort Walton Beach?
The median home sold for $365,000 in Fort Walton Beach over the last 12 months; asking prices on the 94 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Fort Walton Beach?
By the numbers, sellers in Fort Walton Beach are getting 96.5% of asking price and going under contract in about 39 days with 4.5 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Fort Walton Beach housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Fort Walton Beach median sale prices are up 6.1% year over year, inventory stands at 4.5 months of supply, and 36% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Fort Walton Beach?
The median sale price in Fort Walton Beach is currently $365,000, up 6.1% from a year ago, based on MLS sales data updated September 15, 2026.
Is Fort Walton Beach a buyer's or seller's market right now?
The data currently favors sellers. Fort Walton Beach scores 65 of 100 on the Momentum Score, with 4.5 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Fort Walton Beach?
The typical home in Fort Walton Beach goes under contract in about 39 days, per current MLS data.
How many homes are for sale in Fort Walton Beach?
There are approximately 94 active listings in Fort Walton Beach as of September 15, 2026.
Are home prices in Fort Walton Beach rising or falling?
Median sale prices are up 6.1% 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 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: September 15, 2026 at 7:33 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.