Watersound
Housing Market
Median sale price $1,114,350, down 19.8% year over year, with homes going under contract in about 46 days, 62 homes on the market.
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Housing Market Analyst
Inventory sits at 4.2 months of supply — balanced by the 3-to-6-month balanced benchmark, and 38% of listed homes are already under contract. Prices are down 19.8% versus the prior year, but sellers are still collecting 98.3% 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 sellers.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 38% of inventory sits under contract.
- Mortgage sensitivity — at 8.1× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Watersound data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on Watersound
The median sale price across Watersound currently stands at $1,114,350, down 19.8% from a year ago. The typical home goes under contract in about 46 days. Homes are selling for about 98.3% of their original asking price.
There are 62 active listings on the market, with 53 more already under contract. With 178 closed sales over the trailing 12 months (62 listings divided by 178 / 12), that works out to 4.2 months of supply — roughly balanced conditions by the 3-to-6-month balanced band.
Watersound prices sit above the Walton County median by roughly 92%. Zillow's home value index for Walton County stands at $660,738. About 21% 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 Watersound is 59 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of November 11, 2026.
Where the market is heading
Home value trend · Walton County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Walton County (MLS)
Median price · daily recalculation
What’s driving Watersound
Top inbound states: GA, TX, AL, TN. Movers arriving report ~$178,385 average income. Source: IRS SOI county-to-county migration, 2022-2023
2,905 Citizens personal-lines policies in Walton County; average premium $3,992 before the 2026 change, $3,873 after (-3.0%). Citizens is the state-backed insurer of last resort; budget insurance into any Walton purchase. Source: Citizens Property Insurance Corporation, 2026 Approved Rate Changes by County (ALL PERSONAL LINES COMBINED table).
1,427 single-family · 972 multi-family · 28.9 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
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 across Walton County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Watersound ← this page | $1.11M | 154 | 59 | |
| Freeport | $394K | 222 | 53 | Open → |
| Santa Rosa Beach | $837K | 123 | — | Open → |
| Miramar Beach | $705K | 110 | 32 | Open → |
| Monroe | $386K | 76 | 46 | Open → |
| Defuniak Springs | $230K | 33 | 52 | Open → |
Neighborhoods on the move
| WATERSOUND ORIGINSWatersound | $920K | 78 |
| ProminenceWatersound | $835K | 21 |
| WATERSOUND CAMP CREEKWatersound | $6.13M | 17 |
| WATERSOUND BEACHWatersound | $3.54M | 16 |
| WATERSOUND WEST BEACHWatersound | $2.10M | 3 |
| WATERSOUND ORIGINSWatersound | $920K | 32 days |
| ProminenceWatersound | $835K | 67 days |
| WATERSOUND BEACHWatersound | $3.54M | 102 days |
Watersound ZIP codes
Most active communities
More on Watersound
Put this data to work
Watersound guides & data
Everything we publish about Watersound: live listings by type, prices and market data, taxes, insurance and what it costs to live here.
The questions people actually ask
Should I buy a house in Watersound right now?
The data says conditions currently favor neither side decisively in Watersound — the Momentum Score reads 59/100 with 4.2 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 Watersound becoming more affordable?
Yes, modestly — the median sale price in Watersound is $1,114,350, down 19.8% versus the prior year, while sellers still capture 98.3% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Which Watersound neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are WATERSOUND ORIGINS (32 days); Prominence (67 days); WATERSOUND BEACH (102 days) — homes there go under contract well ahead of the market-wide pace of 46 days.
How does Watersound compare to the rest of Walton County?
Watersound's median of $1,114,350 runs 92% above the county-wide median of $579,750, and homes here take 46 days to go under contract versus 70 county-wide.
Watersound housing market FAQ
How is the housing market in Watersound right now?
As of November 11, 2026, the Watersound housing market favors sellers: the median sale price is $1,114,350 (down 19.8% year over year), 62 homes are for sale against 178 sales in the last 12 months, which is 4.2 months of supply, and the typical home goes under contract in about 46 days.
How much is a house in Watersound?
The median home sold for $1,114,350 in Watersound over the last 12 months; asking prices on the 62 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 Watersound?
By the numbers, sellers in Watersound are getting 98.3% of asking price and going under contract in about 46 days with 4.2 months of supply. Under three months of supply generally favors sellers, three to six is balanced, and 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 Watersound housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Watersound median sale prices are down 19.8% year over year, inventory stands at 4.2 months of supply, and 38% 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 Watersound?
The median sale price in Watersound is currently $1,114,350, down 19.8% from a year ago, based on MLS sales data updated November 11, 2026.
Is Watersound a buyer's or seller's market right now?
The data currently favors sellers. Watersound scores 59 of 100 on the Momentum Score, with 4.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Watersound?
The typical home in Watersound goes under contract in about 46 days, per current MLS data.
How many homes are for sale in Watersound?
There are approximately 62 active listings in Watersound as of November 11, 2026.
Are home prices in Watersound rising or falling?
Median sale prices are down 19.8% 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 Watersound. 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 the MLS listing counts from the last data refresh (date below); 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: November 11, 2026 at 3:52 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.
<a href="https://movewithmomentum.com/market/watersound">Watersound Housing Market: Median $1.11M, -19.8% YoY — Momentum Realty</a>