Holly Grove South in Crestview

Holly Grove South
Homes for Sale in Crestview, FL

All 420 homes for sale in Crestview, FL · median $329,650 · 164 homes for sale in 32536 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County · ZIP 32536
199 homesBuilt 1937–2024
Free · No obligation
Talk to a Holly Grove South Expert

True comps, carrying-cost math, and listings before the portals.

Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data11 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 16 closed sales in Holly Grove South in Crestview, FL since 2015, the most recent in November 2025. Across Crestview as a whole, 571 homes closed in the last 12 months at a median of $321,973, 71 median days on market, with 184 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,150 ($3,640 with the full homestead exemption).

HOLLY GROVE SOUTH key facts
LocationCrestview, Okaloosa County, FL · ZIP 32536, 32539
Homes in the community199 (FL DOR 2025 assessment roll)
Years built1937–2024 (median 2006)
Typical living area1,419 sq ft (median)
For sale right now0 active, 0 pending
Owner-occupied (homestead) share47%

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, “HOLLY GROVE SOUTH key facts,” movewithmomentum.com/neighborhoods/holly-grove-south, data as of September 20, 2026.

Live · Holly Grove South Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
47%
Owner-occupied · Holly Grove South
103 of 218 parcels homesteaded (FL DOR 2025)
53%
Non-owner-occupied · Holly Grove South
incl. 16% trust or LLC-held · 6% out-of-state
199
Homes in the community
plus 19 vacant residential lots · 218 residential parcels (FL DOR 2025)
Track record · 11 years of records
13
Recorded sales · 2024-2025
median $185K · qualified sales on the county roll (FL DOR 2025)
Est. 1937
Community established
homes built 1937-2024, median 2006 (FL DOR 2025)
0.5%/yr
Turnover rate
about 1 of 199 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Holly Grove South is a condition-and-vintage story, not a price-tier story. With a building range that runs from 1937 all the way to 2024 and a median year built around 2006, what you pay here tracks the age and updates of the specific house far more than the address. The median living area sits near 1,414 square feet, so this is a modestly sized inventory where a renovated older home and a newer build can look nothing alike on paper.

The current posture is thin. One active listing against 184 homes and a single closing in the trailing window means there is very little to compare against day to day. For sellers, that scarcity can work in your favor if your home shows well. For buyers, it means patience and a willingness to move when the right house surfaces, because the next comparable may be weeks out.

Nearby homes for sale

No active listings inside HOLLY GROVE SOUTH 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.

5222 Fowler Road
$449K · 0.1 mi away
5 bd · 3 ba
5222 Fowler Road
Listed by EXP Realty LLC
5276 Third Avenue
$165K · 0.2 mi away
3 bd · 2 ba
5276 Third Avenue
Listed by RE/MAX Agency One
5314 Wright Home Place
$160K · 0.2 mi away
2 bd · 1 ba
5314 Wright Home Place
Listed by Briar Patch Realty LLC
5117 Colt Drive
$254K · 0.2 mi away
3 bd · 2 ba
5117 Colt Drive
Listed by EXP Realty LLC
5316 Wright Home Place
$160K · 0.2 mi away
2 bd · 1 ba
5316 Wright Home Place
Listed by Briar Patch Realty LLC
5318 Wright Home Place
$160K · 0.3 mi away
2 bd · 1 ba
5318 Wright Home Place
Listed by Briar Patch Realty LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

This is an established Crestview pocket in Okaloosa County with a wide construction span rather than a single builder's stamp, so expect variety in age, layout, and finish across a compact set of homes.

Emerald Coast MLS sales records identify 12 homes in HOLLY GROVE SOUTH that have changed hands since 2015, built between 2003 and 2021 (median 2007), with a median living area of about 1,345 sq ft and a typical 3-bedroom, 2-bath layout. 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 13 qualified sales in HOLLY GROVE SOUTH across 2024–2025 (6 in 2024, 7 in 2025), median $184,900 — 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.

Best for

  • Buyers comfortable evaluating an older home's systems and updates on a case-by-case basis
  • Buyers prioritizing a compact, single-level-sized footprint around 1,400 square feet
  • Patient buyers willing to wait for the right house given limited active inventory

Probably not for

  • Buyers who want amenity-driven community living, since none is identified here
  • Buyers who need multiple active comparables to feel confident on price
  • Buyers set on new construction only, given the predominantly older vintage mix

The market around Holly Grove South

Holly Grove South is too small for its own price trend, so here is the market around it.

In ZIP 32536, 257 homes are on the market and 32% are under contract — a fast-moving corner of Crestview.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

In ZIP 32536 (Crestview), 425 homes closed in the last 12 months at a median of $322K, up 3.9% year over year, with a median 73 days on market. Right now 122 active and 57 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32536 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Holly Grove South specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in HOLLY GROVE SOUTH, Crestview

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 9 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-19)

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.

If we were buying in Holly Grove South today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Holly Grove South.

Best Buy
Buyers who will judge a home on its condition, not a neighborhood average.
Biggest Risk
Thin inventory and few comps make pricing and timing harder.
Sweet Spot
A well-updated home near the 2006 median vintage at a defensible price.
Avoid If
You need amenities or a steady stream of comparable listings to choose from.

A vintage spread, not a subdivision

The defining fact here is the 1937-to-2024 build range. That spread tells you the area filled in over generations rather than all at once, and it means two houses on nearby lots can differ sharply in bones, systems, and updates. Underwrite each home on its own merits — roof, mechanicals, and renovation history matter more than any neighborhood average.

At roughly 1,414 square feet median living space and no community amenities identified from current listings, this is a location-and-house play. The homestead share sits right around half, which points to a mix of owner-occupied and non-homestead holdings rather than a single dominant use.

“

The location and the amenities are priced into every listing in Holly Grove South. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With one active listing and one recent closing, the public data is too thin to price a home off a formula. We work these deals off the house in front of us — its age, condition, and updates against a wide vintage range — and we tell you plainly when a listing's asking price is not supported by what's actually selling.

Holly Grove South in 15 seconds.

Best forBuyers who will judge a home on its condition, not a neighborhood average.
Biggest advantageA wide vintage range means genuine variety in age and layout.
Biggest riskThin inventory and few comps make pricing and timing harder.
Sweet spotA well-updated home near the 2006 median vintage at a defensible price.
Avoid ifYou need amenities or a steady stream of comparable listings to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Holly Grove South homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Holly Grove South.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Holly Grove South sales matched to your home.

What is your Holly Grove South home worth?

Get a no-obligation home value based on real comparable sales in Holly Grove South, 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 Crestview →

Real comps, not an automated estimate.

Recently off market in HOLLY GROVE SOUTH

Homes in HOLLY GROVE SOUTH that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.

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.

$2,251/mo
Okaloosa County typical true cost to own
$220/mo
Okaloosa County typical home insurance
Check CDD
Confirm before you offer

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 Holly Grove South?
The Florida DOR 2025 assessment roll shows 199 homes plus 19 vacant residential lots in Holly Grove South (public records).
What share of Holly Grove South is owner-occupied?
47% of Holly Grove South parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Holly Grove South built?
Homes in Holly Grove South were built between 1937 and 2024, with a median year built of 2006 (FL DOR 2025 roll).
Who is the best real estate agent for Holly Grove South?
The best agent for Holly Grove South is one who actively works Crestview and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Holly Grove South.
How do I find a top Crestview real estate agent who knows Holly Grove South?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Holly Grove South and the wider Crestview area.
Can Momentum Realty connect me with an agent for Holly Grove South?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Holly Grove South purchase or sale - no call center and no pressure.
Where is Holly Grove South, and what county is it in?
Holly Grove South is in Crestview, Okaloosa County, FL, ZIP codes 32536, 32539.
Buyers comfortable evaluating an older home's systems and updates on a case-by-case basisExcellent fit
Buyers prioritizing a compact, single-level-sized footprint around 1,400 square feetExcellent fit
Patient buyers willing to wait for the right house given limited active inventoryExcellent fit
Buyers who want amenity-driven community living, since none is identified hereProbably not
Buyers who need multiple active comparables to feel confident on priceProbably not
Buyers set on new construction only, given the predominantly older vintage mixProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32536/32539))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (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.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Thinking of selling in HOLLY GROVE SOUTH? 1 recorded closings (window ending 2026-09-20). See the Okaloosa County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Holly Grove South with Momentum Realty’s local guides.

South Holley Grove0.1 mi away · 11 homes, built 1997–22, 1 for saleThe Pines (Okaloosa)0.2 mi away · median $236K, 8 sales/12 moCv Pines Triple Lake0.3 mi away · 86 homes, built 1979–24Holley Grove South0.4 mi away · median $230K, 5 sales/12 moHolley Grove East0.6 mi away · 1 for saleHolley Grove0.6 mi away · median $200K, 11 sales/12 moHolly Grove East0.7 mi away · 74 homes, built 1961–24

Browse all neighborhood guides →

Talk to a Local Holly Grove South Expert
Call Get Listings