Forest Place S/D
Homes for Sale in Fort Walton Beach, FL
All 414 homes for sale in Fort Walton Beach, FL · median $398,000 · 282 homes for sale in 32548 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, the MLS records 16 closed sales in Forest Place S/D in Fort Walton Beach, FL since 1997, the most recent in June 2026. Across Fort Walton Beach as a whole, 287 homes closed in the last 12 months at a median of $357,612, 39 median days on market, with 99 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,610 ($4,100 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32548 |
|---|---|
| Homes in the community | 102 (FL DOR 2025 assessment roll) |
| Years built | 1945–2024 (median 1972.0) |
| Typical living area | 2,774 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 69% |
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, “FOREST PLACE S/D key facts,” movewithmomentum.com/neighborhoods/forest-place-s-d, data as of September 20, 2026.
Forest Place is a small subdivision in Fort Walton Beach, and with no current MLS listings to anchor active pricing, this is a market you read through condition and timing rather than a headline number. What clears here is driven by the individual house — how it has been updated, its lot, and how it stacks against the handful of comparable properties that surface in a given cycle.
For a buyer, that thin inventory means you move when something fits, because you may not get a second identical shot for a while. For a seller, it argues for pricing to the actual condition of your home and the most recent comparable sale, not to a wished-for figure. In a subdivision this size, one well-prepared listing sets the tone for the next.
Nearby homes for sale
No active listings inside FOREST PLACE S/D right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Forest Place is a compact residential pocket in Fort Walton Beach, Okaloosa County, where the value story is house-by-house rather than amenity-driven; no community amenities show up in current listings, so the location and the individual property carry the weight.
Emerald Coast MLS sales records identify 13 homes in FOREST PLACE S/D that have changed hands since 2006, built between 1972 and 1974 (median 1973), with a median living area of about 2,372 sq ft and a typical 4-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 7 qualified sales in FOREST PLACE S/D across 2024–2025 (3 in 2024, 4 in 2025), median $467,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Forest Place S/D is best for.
Best for
- Buyers seeking a small, low-key Fort Walton Beach subdivision who are prepared to act on limited inventory
- Buyers comfortable evaluating a home on condition and lot rather than shared amenities
- Sellers willing to prepare and price to recent comparable evidence in a thin market
Probably not for
- Buyers who want a pool, gate, or clubhouse built into the community
- Buyers needing a wide selection of active listings to compare at once
- Sellers expecting to price to a round number rather than to condition and comps
The market around Forest Place S/D
Forest Place S/D is too small for its own price trend, so here is the market around it.
In ZIP 32548, 322 homes are on the market and 15% are under contract — a slower corner of Fort Walton Beach.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
In ZIP 32548 (Fort Walton Beach), 338 homes closed in the last 12 months at a median of $325K, up 11.9% year over year, with a median 41 days on market. Right now 112 active and 32 pending listings put supply at about 5.0 months — a balanced market. See the live ZIP 32548 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Forest Place S/D specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in FOREST PLACE S/D, Fort Walton Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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 Forest Place S/D buying strategy.
If we were buying in Forest Place S/D 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 Forest Place S/D.
A small-subdivision read
There are no shared amenities identified from current MLS listings here — no pool, gate, or clubhouse to price into a home. That keeps the focus where it belongs in a neighborhood this size: the condition of the house, the lot, and proximity to what Fort Walton Beach and the broader Emerald Coast offer.
Because so little trades at any one time, comparable sales matter more than usual and can be scarce. That cuts both ways. It rewards patient buyers who know exactly what a fair number looks like, and it rewards sellers who prepare the home and price it against real, recent evidence instead of a round number pulled from the air.
The location and the amenities are priced into every listing in Forest Place S/D. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a subdivision this small, the difference between a good outcome and a disappointing one is usually the comp work and the timing. We track what actually moves in and around Forest Place, tell you plainly when a listing is priced ahead of the evidence, and help you act quickly when the right house does come up — because in a market this thin, hesitation costs you.
Forest Place S/D in 15 seconds.
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 Forest Place S/D 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 Forest Place S/D sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Forest Place S/D, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Forest Place S/D home worth?
Get a no-obligation home value based on real comparable sales in Forest Place S/D, 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 →
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.
Frequently Asked Questions
How many homes are in Forest Place S/D?
What share of Forest Place S/D is owner-occupied?
When were the homes in Forest Place S/D built?
Who is the best real estate agent for Forest Place S/D?
How do I find a top Fort Walton Beach real estate agent who knows Forest Place S/D?
Can Momentum Realty connect me with an agent for Forest Place S/D?
Where is Forest Place S/D, and what county is it in?
Should you buy in Forest Place S/D?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32548)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1997 (16 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 FOREST PLACE S/D fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Forest Place S/D with Momentum Realty’s local guides.