Emerald Village S/D
Homes for Sale in Fort Walton Beach, FL

Emerald Village S/D market snapshot (as of November 9, 2026): the median sale price is about $390K, and a median 20 days on market for closed sales.

In ZIP 32547 (Fort Walton Beach), 65 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 29 days on market. Right now 23 active and 8 pending listings put supply at about 4.2 months — a balanced market. See the live ZIP 32547 housing market and the Okaloosa County market.

County records show 31 qualified sales in EMERALD VILLAGE S/D across 2024–2025 (16 in 2024, 15 in 2025), median $390,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Emerald Village S/D is a community of 303 homes in Fort Walton Beach, Okaloosa County, built between 1998 and 2003 (median 2001), with a median living area of about 2,193 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Emerald Village is a mature, homogeneous subdivision in Fort Walton Beach where nearly three-quarters of homes are owner-occupied and turnover is low, so listings arrive in a trickle rather than a wave.

With homes clustered around a 2001 median build year and no identified community amenities from current MLS listings, the value story here is straightforward: it is a residential subdivision that competes on the house itself. There is no pool, gate, or club fee driving the price, which keeps carrying costs simple but also means the home's own updates carry the full weight of its value.

The 0.6% year-over-year change is essentially flat, while the roughly 109% gain since 2012 reflects the longer arc of the broader recovery rather than any recent surge. A 73.3% homestead share signals that most owners live in their homes and are not quick to sell, which explains the thin active count and supports the steady 21-day absorption on the homes that do come up.

In a subdivision with a single active listing and only eight recent closings, timing and pricing are everything. We track Emerald Village turnover closely, so buyers hear about a fit before it goes stale and sellers get priced against real, comparable condition rather than a headline median. When the data set is this small, judgment matters more than volume, and that is where a broker who knows the street earns the fee.