Homewood Estates
Homes for Sale in Crestview, FL
All 361 homes for sale in Crestview, FL · median $325,000 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Homewood Estates 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 383 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).
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.
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 HOMEWOOD ESTATES 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
This is a predominantly newer subdivision of larger homes in Crestview, Okaloosa County, where the bulk of construction is recent and most homes are owner-occupied.
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 Homewood Estates is best for.
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
The market around Homewood Estates
Homewood Estates 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 Homewood Estates specifically. Momentum Research analysis of MLS records.
The Homewood Estates buying strategy.
If we were buying in Homewood Estates 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 Homewood Estates.
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.
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.
Tools for a Homewood Estates 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 Homewood Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Homewood Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 all homes for sale in Crestview →
Should you buy in Homewood Estates?
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: November 12, 2026) |
| Under-contract shares | Emerald 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.
Recent Developments in Homewood Estates
Development, infrastructure, retail, and school activity affecting Homewood Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Infrastructure
Okaloosa County stabilizes 180 miles of dirt roads in north county
Okaloosa County has stabilized 180 miles of dirt roads using the voter-approved infrastructure surtax, more than triple the original goal of 50 miles in five years. The roads received a limerock base topped with chip-seal or hot-mix, and the county says only a handful of roads remain. The work is in north Okaloosa County.
What it may mean for the marketPaved rural roads in north Okaloosa could improve year-round access and reduce road maintenance costs for areas near Crestview. The site is about 2 miles northeast of Homewood Estates.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The project is about 23 miles south of Homewood Estates, elsewhere in Okaloosa County.
Source: Get The Coast - September 2026Civic
Okaloosa commissioners reject 12-month data center moratorium 3-2
Okaloosa County commissioners voted 3-2 on September 15 against a 12-month data center moratorium. On September 3 the board unanimously directed staff to develop a regulatory framework for data centers, with an outline due within 60 days. No specific project or site was proposed, and commissioners discussed protecting the Shoal River Industrial Park.
What it may mean for the marketThe pending rules will shape where large power-and-land-intensive facilities can locate in the county, including industrial land near Crestview. The site is about 2 miles south of Homewood Estates.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 17 miles south of Homewood Estates.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 2 miles east of Homewood Estates, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The site is about 4 miles south of Homewood Estates.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
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. A Momentum agent can 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 HOMEWOOD ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores: