Holly Grove South in Crestview

Holly Grove South
Homes for Sale in Crestview, FL

All 379 homes for sale in Crestview, FL · median $325,000 · Okaloosa County homes for sale

Community in Crestview · Okaloosa County
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS dataUpdated twice daily

Holly Grove South is a community in Crestview, Okaloosa County, FL. Across Crestview as a whole, 136 homes closed in the last 12 months at a median of $319,000, 82 median days on market, with 391 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,110 ($3,600 with the full homestead exemption).

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
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 26, 2026

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.

Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.

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.

5312 Wright Home Place
$160K · 0.0 mi away
2 bd · 1 ba
5312 Wright Home Place
Listed by Briar Patch Realty LLC
5222 Fowler Road
$399K · 0.1 mi away
5 bd · 3 ba
5222 Fowler Road
Listed by EXP Realty LLC
5276 Third Avenue
$150K · 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

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.

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.

Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).

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

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.
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?

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Real comps, not an automated estimate.
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: November 8, 2026)
Under-contract sharesEmerald Coast MLS records, as of 2026-11-09

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.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.

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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 → 2026-11-09)

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.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

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 · 353 homes, built 1960–24Cv Pines Triple Lake0.3 mi away · 86 homes, built 1979–24Holley Grove South0.4 mi away · 96 homes, built 1951–24, 1 for saleHolley Grove0.6 mi away · median $201K, 6 sales/12 moHolley Grove East0.6 mi away · 1 for saleHolly Grove East0.7 mi away · 74 homes, built 1961–24

Browse all neighborhood guides →

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