Colonial Heights
Homes for Sale in Fort Walton Beach, FL
All 414 homes for sale in Fort Walton Beach, FL · median $398,000 · 148 homes for sale in 32547 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, Colonial Heights in Fort Walton Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $365,000, a median 11 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 1965–2014; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,710 ($4,200 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32547 |
|---|---|
| Homes in the community | 151 (FL DOR 2025 assessment roll) |
| Years built | 1958–2015 (median 1968) |
| Typical living area | 1,652 sq ft (median) |
| Sale prices, last 12 months | $365,000 median across 3 closed sales |
| Days on market (closed sales) | 11 median |
| For sale right now | 1 active, 0 pending · median asking $420,000 · 4.0 months of supply |
| Owner-occupied (homestead) share | 57% |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “COLONIAL HEIGHTS key facts,” movewithmomentum.com/neighborhoods/colonial-heights, data as of September 20, 2026.
Colonial Heights right now
🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Low (1 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 1, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Colonial Heights market snapshot (as of September 20, 2026): the median sale price is about $365K, a median 11 days on market for closed sales, and 4.0 months of supply, a balanced market.
In ZIP 32547 (Fort Walton Beach), 385 homes closed in the last 12 months at a median of $337K ($136/sq ft), up 12.1% year over year, with a median 38 days on market. Right now 107 active and 39 pending listings put supply at about 4.0 months — a healthy market. See the live ZIP 32547 housing market and the Okaloosa County market.
County records show 8 qualified sales in COLONIAL HEIGHTS across 2024–2025 (5 in 2024, 3 in 2025), median $335,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Colonial Heights is a community of 151 homes in Fort Walton Beach, Okaloosa County, built between 1958 and 2015 (median 1968), with a median living area of about 1,652 square feet. 57% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Colonial Heights. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Colonial Heights
Colonial Heights
Colonial Heights
Colonial HeightsPhotos from Emerald Coast MLS listings in Colonial Heights; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($365K) IS the median in the snapshot above.
Windows contain 0 to 4 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Okaloosa County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Okaloosa County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
28% of homes for sale in ZIP 32547 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).
Colonial Heights Market Scorecard
Colonial Heights is currently a balanced market. About 4.0 months of supply, a median asking price of $420,000, and homes go under contract in about 136 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Colonial Heights
Live MLS inventory for Colonial Heights. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Colonial Heights listings as of 2026-10-01, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Colonial Heights Right Now (1)
All 1 active and pending Colonial Heights listings with a detail page, newest first, refreshed twice a day from the MLS.
- 708 Spencer Drive · $410,000 · 4 bd / 2 ba · listed Jul 3, 2026 · listed by Lokation
Colonial Heights on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Wright · Elementary
- Pryor · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent Colonial Heights listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Colonial Heights address.
Shop the zone: Homes zoned for Choctawhatchee High School
The Colonial Heights buying strategy.
If we were buying in Colonial Heights today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Colonial Heights.
A closer look at the Colonial Heights market
Homes in Colonial Heights trade around a median of $365K, where condition and lot do more to set the final number than the asking price does.
Inventory runs at 4.0 months of supply, a balanced market. Homes that do trade take a median 11 days on market, useful leverage on any listing that has lingered.
The housing stock is 151 homes built between 1958 and 2015, and 57% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Colonial Heights. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Colonial Heights buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (7.2). Basis: Liquidity & Demand 4.0 months of supply; Owner Commitment 57% owner-occupied; Pricing Power 100.0% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Colonial Heights buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Colonial Heights sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Colonial Heights, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Colonial Heights home worth?
Get a no-obligation home value based on real comparable sales in Colonial Heights, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Fort Walton Beach →
Frequently Asked Questions
What is the median home price in Colonial Heights?
How long do homes in Colonial Heights take to sell?
Is Colonial Heights a buyer's or seller's market right now?
How many homes are in Colonial Heights?
What share of Colonial Heights is owner-occupied?
When were the homes in Colonial Heights built?
Who is the best real estate agent for Colonial Heights?
How do I find a top Fort Walton Beach real estate agent who knows Colonial Heights?
Can Momentum Realty connect me with an agent for Colonial Heights?
Where is Colonial Heights, and what county is it in?
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32547)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1998 (42 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how COLONIAL HEIGHTS fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Colonial Heights
- Home values · What homes in Colonial Heights actually sell for
Nearby Communities
Explore more neighborhoods near Colonial Heights Homes for Sale in Fort Walton Beach, FL with Momentum Realty’s local guides.
