Holly Grove South
Homes for Sale in Crestview, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 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, 12 homes closed in the last 12 months at a median of $320,707, 74 median days on market, with 204 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,140 ($3,630 with the full homestead exemption).
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.
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.
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 Holly Grove South is best for.
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, 328 homes are on the market and 35% are under contract — a fast-moving corner of Crestview.
Across Okaloosa County, 2,265 homes are active and 765 pending (25% under contract).
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.
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 Holly Grove South buying strategy.
If we were buying in Holly Grove South 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 Holly Grove South.
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.
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.
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 Holly Grove South 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 Holly Grove South sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Holly Grove South, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 homes for sale in Holly Grove South on the map →
Should you buy in Holly Grove South?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Holly Grove South with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how HOLLY GROVE SOUTH fits the bigger picture — live prices, inventory, and Momentum Scores:
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.
HOLLY GROVE SOUTH Market Scorecard
HOLLY GROVE SOUTH is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 32539 ZIP is $284,748, about 21.2% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.