Moving to Fort Walton Beach, Florida: The 2026 Data Guide
As of 2026-11-12, the median home sold in Fort Walton Beach, Florida over the last 12 months went for $338,000 (58 closings across 283 communities in Momentum’s MLS record), about None per square foot for a median None-sq-ft home built around 1982. Homes currently listed have been on the market a median of 39 days, and with 197 active listings against that sales pace the city is carrying roughly 40.8 months of supply. Sellers have been getting about 96% of their original asking price. That median is 16% below the median across Momentum’s Florida and Georgia coverage.
Fort Walton Beach right now — November 2026
Live pages for your move: 380 homes for sale in Fort Walton Beach · Luxury homes · New construction · Condos (177) · Townhomes (56) · Homes by ZIP (2 ZIPs) · New listings this week · Price reductions · Property tax · Okaloosa County homes for sale.
MLS closed sales and live inventory, Momentum Research; refreshed nightly. Updated November 12, 2026.
What your budget buys in Fort Walton Beach
Three price points from 472 recent Fort Walton Beach closings in our record, each showing what actually closed within 10% of that price:
- Around $285,900: the typical sale in this band was a 3-bed, 2-bath home of about None sq ft, built around 1980 (59 sales).
- Around $338,000: the typical sale in this band was a 3-bed, 2-bath home of about None sq ft, built around 1979 (122 sales).
- Around $470,000: the typical sale in this band was a 3-bed, 2-bath home of about None sq ft, built around 1980 (57 sales).
The real monthly cost of owning in Fort Walton Beach
Take the median $338,000 home with 20% down at today’s 7.18% 30-year rate: principal and interest run about $1,832/month. Okaloosa County’s typical total millage is 12.89 mills, so after the $50,000 homestead exemption the property tax is roughly $3,714/year ($309/month) for a new owner — the seller’s capped bill on the listing will be lower and is not your number. Citizens Property Insurance’s average premium in Okaloosa County is about $2,644/year; private-market quotes vary with roof age and wind mitigation. 42% of current Fort Walton Beach listings carry an HOA, with a median of $897/month where one applies. All in, budget on the order of $2,362/month to own the median Fort Walton Beach home.
For the full worksheet — taxes by scenario, the homestead exemption, and how the Save Our Homes cap works after year one — see the Okaloosa County property tax guide and our home insurance by county map.
Where people are buying: Fort Walton Beach’s most active communities
The communities with the most closings in the last 12 months, with each one’s median sale and how long its current listings have been on the market. Every name links to that community’s own guide with live listings.
| Community | Sales (12 mo) | Median | Days listed |
|---|---|---|---|
| Pier One | 12 | $125,000 | 79 |
| Elliotts Point | 10 | $405,000 | 159 |
| Waterscape | 10 | $702,500 | 136 |
| Garniers Beach | 7 | $345,000 | 56 |
| Colony Estates | 6 | $469,500 | 20 |
| Villa Russ Park | 6 | $372,500 | 130 |
| Bridgeport Colony | 5 | $515,000 | 55 |
| Oakland Addn | 5 | $270,000 | 34 |
Fort Walton Beach by ZIP code
Sales and medians by ZIP over the same 12 months: 32547 (256 sales, median $340,000), 32548 (214 sales, median $375,000).
What’s for sale: property types, new construction, and age of homes
Of the last 12 months of sales, 68% were single-family homes, 17% townhomes or villas, and 16% condos. The housing stock skews older: 8% of homes sold were built in 2015 or later and 46% before 1980.
Getting around from Fort Walton Beach
Measured from the center of Fort Walton Beach’s recent sales: Pensacola is about 35 miles; Panama City is about 61 miles; Tallahassee is about 140 miles; Columbus, GA is about 170 miles. Distances are straight-line; drive times depend on the corridor and time of day.
Schools, taxes, and insurance: where to verify
School assignments change; check the Okaloosa County school grades page for the district’s current grades, and confirm zoning for a specific address directly with the district. Property tax figures on this page use Okaloosa County’s typical millage of 12.89; municipal and special-district millage varies inside the county. Insurance uses Citizens’ Okaloosa County average of $2,644/year; a wind-mitigation inspection and roof age can move a private quote a long way in either direction.
Fort Walton Beach: the case for and against
What works in Fort Walton Beach’s favor
- prices run 16% below the statewide median in our coverage
- homes move quickly (median 39 days listed), so well-priced homes get competition
- about 40.8 months of supply gives buyers room to negotiate
- no state income tax, and Florida’s Save Our Homes cap limits assessment growth once you homestead
What to plan for
- property taxes reset to your purchase price, so never budget off the seller’s bill
Your Fort Walton Beach relocation toolkit
- Homes for sale in Fort Walton Beach right now
- New construction in Fort Walton Beach
- Fort Walton Beach ZIP codes with prices
- Search every Fort Walton Beach community
Common questions about moving to Fort Walton Beach
How much does a house cost in Fort Walton Beach, FL?
What does it cost per month to own a home in Fort Walton Beach?
What are property taxes like in Fort Walton Beach?
Is Fort Walton Beach a buyer's or seller's market right now?
Is there a lot of new construction in Fort Walton Beach?
Does Florida have a state income tax?
Sales figures are Momentum Realty’s MLS record of closings in Fort Walton Beach communities over the trailing 12 months (community snapshots as of their last refresh; price-band examples from the most recent closings on file); tax and insurance figures are Okaloosa County data. Estimates, not guarantees; verify before relying on them. General relocation guidance, not financial advice. Equal Housing Opportunity.