HOMEWOOD ESTATES
Homes for Sale in Crestview, FL

Community in Crestview · Okaloosa County · ZIP 32539
91 homesBuilt 2004–2024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive emeraldcoast data10 years of closingsFL DOR public recordsUpdated twice daily
Live · HOMEWOOD ESTATES Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
70%
Owner-occupied · HOMEWOOD ESTATES
64 of 92 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · HOMEWOOD ESTATES
incl. 3% trust or LLC-held · 5% out-of-state
0%
Cash buyers · HOMEWOOD ESTATES
0 of 3 sales, 12 mo ending July 2025
91
Homes in the community
plus 1 vacant residential lots · 92 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2004
Community established
homes built 2004-2024, median 2021 (FL DOR 2025)
2.2%/yr
Turnover rate
about 2 of 91 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Homewood Estates is a newer-construction pocket in Crestview: with 91 homes built between 2004 and 2024 and a median build year of 2021, most of the inventory is recent, and condition — not location alone — is what sets price here. The median living area of roughly 2,741 square feet points to substantial homes, so the spread you see in pricing tends to track finish level, lot, and how recently a home was completed rather than any range I can quote you.

The posture is that of a young community still filling in. A homestead share near 70% suggests most owners occupy their homes rather than rent them, which typically means fewer distressed or investor-driven sales and a more deliberate pace. Sellers should price to condition and comparable recent builds; buyers should expect to compete on well-kept, move-in-ready homes and negotiate harder on anything that has deferred maintenance.

Best for

  • Buyers who want a larger, newer home and plan to occupy it long-term
  • Owner-occupants comfortable pricing and competing on condition and finish level
  • Buyers who prioritize the house itself over shared community facilities

Probably not for

  • Buyers set on amenity-driven living such as a pool or gated entry
  • Those seeking a small or low-square-footage home
  • Investors hunting distressed inventory in a mostly owner-occupied community

If we were buying in HOMEWOOD ESTATES 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 HOMEWOOD ESTATES.

Best Buy
Buyers who want newer construction and a larger floor plan in Crestview.
Biggest Risk
No amenities were identified, so shared facilities are not part of the offering.
Sweet Spot
A move-in-ready recent build priced honestly to its condition.
Avoid If
You need community amenities or a smaller, lower-maintenance footprint.

A newer build profile in Crestview

The build window here runs 2004 to 2024, but the median year built of 2021 tells you the weight of the neighborhood is on the recent end. That matters for maintenance expectations: mechanicals, roofs, and finishes on most homes are relatively young, which narrows the gap between listings and shifts the negotiation toward condition and lot rather than age.

At a median of about 2,741 square feet, these are sizable homes, so buyers pricing by square foot should calibrate to that. No community amenities were identified from current MLS listings — no pool, gym, or gated entry shows up in the data — so if amenity-heavy living is a priority, weigh that before you tour. The draw here is the home itself and the newer stock, not shared facilities.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a newer, condition-driven community with only a small window of recent closings, the difference between a fair number and an aspirational one comes down to reading comparable builds correctly. We track how these larger homes actually trade, tell sellers where finish level justifies a premium, and tell buyers where it doesn't — including when Homewood Estates isn't the right fit for what you want.

HOMEWOOD ESTATES in 15 seconds.

Best forBuyers who want newer construction and a larger floor plan in Crestview.
Biggest advantageA predominantly recent build profile means younger systems and finishes across most homes.
Biggest riskNo amenities were identified, so shared facilities are not part of the offering.
Sweet spotA move-in-ready recent build priced honestly to its condition.
Avoid ifYou need community amenities or a smaller, lower-maintenance footprint.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 HOMEWOOD ESTATES sales matched to your home.

What is your HOMEWOOD ESTATES home worth?

Get a no-obligation home value based on real comparable sales in HOMEWOOD ESTATES, 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 HOMEWOOD ESTATES on the map →

Real comps, not an automated estimate.

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.

$2,193/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 HOMEWOOD ESTATES?
The Florida DOR 2025 assessment roll shows 91 homes plus 1 vacant residential lots in HOMEWOOD ESTATES (public records).
What share of HOMEWOOD ESTATES is owner-occupied?
70% of HOMEWOOD ESTATES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in HOMEWOOD ESTATES built?
Homes in HOMEWOOD ESTATES were built between 2004 and 2024, with a median year built of 2021 (FL DOR 2025 roll).
Do cash buyers compete in HOMEWOOD ESTATES?
Cash buyers took 0% of HOMEWOOD ESTATES sales in the 12 months ending July 2025 (0 of 3 closings, emeraldcoast).
Who is the best real estate agent for HOMEWOOD ESTATES?
The best agent for HOMEWOOD ESTATES 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 HOMEWOOD ESTATES.
How do I find a top Crestview real estate agent who knows HOMEWOOD ESTATES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows HOMEWOOD ESTATES and the wider Crestview area.
Can Momentum Realty connect me with an agent for HOMEWOOD ESTATES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your HOMEWOOD ESTATES purchase or sale - no call center and no pressure.
Buyers who want a larger, newer home and plan to occupy it long-termExcellent fit
Owner-occupants comfortable pricing and competing on condition and finish levelExcellent fit
Buyers who prioritize the house itself over shared community facilitiesExcellent fit
Buyers set on amenity-driven living such as a pool or gated entryProbably not
Those seeking a small or low-square-footage homeProbably not
Investors hunting distressed inventory in a mostly owner-occupied communityProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32539))
Historical depthClosed-sale records back to 2016 (14 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 emeraldcoast 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. Momentum sells for 1.25% above the emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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Thinking of selling in HOMEWOOD ESTATES? 2 recorded closings (window ending 2026-07-25). 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.
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