Okaloosa County
Housing Market
Median sale price $365,000, up 0.2% year over year, with homes going under contract in about 67 days, 1,784 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
Inventory sits at 5.6 months of supply — balanced by the 3-to-6-month balanced benchmark, and 30% of listed homes are already under contract. Prices are up 0.2% versus the prior year and sellers are still collecting 95.9% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
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 neither side decisively.
- 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 — buyers gain ground as 30% 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 Okaloosa County 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 Okaloosa County is hot — and where it isn't
Each dot is a community (329 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Okaloosa County
The median sale price across Okaloosa County currently stands at $365,000, up 0.2% from a year ago. The typical home goes under contract in about 67 days. Sellers are capturing 95.9% of their original asking price on average.
There are 1,784 active listings on the market, with 484 more already under contract. At the current sales pace that works out to 5.6 months of supply — roughly balanced conditions by the standard six-month benchmark. 1,781 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 Okaloosa County is 51 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
Okaloosa County since 2012 — and where it’s heading
A median home here sold for $259,692 in 2012 and $481,539 over the last recorded year — 85% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (24,081 recorded sales)
Days on market by year
Cash buyers · share of sales
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 Okaloosa County
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 Okaloosa County right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up against neighboring counties
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Okaloosa County ← this page | $365K | 1,784 | 51 | |
| Walton County | $550K | 3,141 | 43 | Open → |
| Santa Rosa County | $370K | 1,033 | 65 | Open → |
| Escambia County | $352K | 460 | 58 | Open → |
| Holmes County | $170K | 56 | 50 | Open → |
Neighborhoods on the move
| SANTA ROSA ISLANDFort Walton Beach | $771K | ▲ 44% |
| ELLIOTTS POINTFort Walton Beach | $425K | ▲ 28% |
| HOLIDAY ISLEDestin | $2.06M | ▲ 19% |
| HOMEWOOD ESTCrestview | $414K | ▲ 18% |
| HIDDEN LAKESNiceville | $295K | ▲ 16% |
| Sterling ShoresDestin | $568K | ▼ 27% |
| MARY ESTHER MANORMary Esther | $365K | ▼ 27% |
| INDIAN LAKEDestin | $215K | ▼ 25% |
| YELLOW RIVER PLANTATIONLaurel Hill | $307K | ▼ 25% |
| DESTINY S/DDestin | $1.20M | ▼ 24% |
| THE PALMS OF DESTINDestin | $310K | 38 |
| CRYSTAL BEACHDestin | $1.39M | 29 |
| PATRIOT RIDGECrestview | $370K | 28 |
| Deer Moss CreekNiceville | $700K | 22 |
| SANDPIPER COVEDestin | $345K | 22 |
| SOUTHWINDNiceville | $728K | 1 days |
| LAKE LORRAINE ESTATES AMENDEDShalimar | $494K | 7 days |
| WOODLANDSNiceville | $470K | 7 days |
| BAYOU POQUITOShalimar | $420K | 8 days |
| WYNNEHAVEN BEACH ESTATESMary Esther | $324K | 12 days |
Cities in Okaloosa County
ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Okaloosa County right now?
The data says conditions currently favor neither side decisively in Okaloosa County — the Momentum Score reads 51/100 with 5.6 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Okaloosa County becoming more affordable?
No — the median sale price in Okaloosa County is $365,000, up 0.2% versus the prior year, while sellers still capture 95.9% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in Okaloosa County?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Sterling Shores (-27%); MARY ESTHER MANOR (-27%); INDIAN LAKE (-25%). 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 Okaloosa County neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are SOUTHWIND (1 days); LAKE LORRAINE ESTATES AMENDED (7 days); WOODLANDS (7 days) — homes there go under contract well ahead of the market-wide pace of 67 days.
Okaloosa County housing market FAQ
How is the housing market in Okaloosa County right now?
As of September 15, 2026, the Okaloosa County housing market is roughly balanced: the median sale price is $365,000 (up 0.2% year over year), 1,784 homes are for sale against 1,781 sales in the last 12 months, which is 5.6 months of supply, and the typical home goes under contract in about 67 days.
How much is a house in Okaloosa County?
The median home sold for $365,000 in Okaloosa County over the last 12 months; asking prices on the 1,784 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 Okaloosa County?
By the numbers, sellers in Okaloosa County are getting 95.9% of asking price and going under contract in about 67 days with 5.6 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 Okaloosa County housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Okaloosa County median sale prices are up 0.2% year over year, inventory stands at 5.6 months of supply, and 30% 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 Okaloosa County?
The median sale price in Okaloosa County is currently $365,000, up 0.2% from a year ago, based on MLS sales data updated September 15, 2026.
Is Okaloosa County a buyer's or seller's market right now?
The data currently is roughly balanced. Okaloosa County scores 51 of 100 on the Momentum Score, with 5.6 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Okaloosa County?
The typical home in Okaloosa County goes under contract in about 67 days, per current MLS data.
How many homes are for sale in Okaloosa County?
There are approximately 1,784 active listings in Okaloosa County as of September 15, 2026.
Are home prices in Okaloosa County rising or falling?
Median sale prices are up 0.2% 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 Okaloosa County. 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.