Homewood Estates
Homes for Sale in Crestview, FL
All 420 homes for sale in Crestview, FL · median $329,650 · 262 homes for sale in 32539 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, the MLS records 14 closed sales in Homewood Estates in Crestview, FL since 2016, the most recent in April 2026. 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).
| Location | Crestview, Okaloosa County, FL · ZIP 32539 |
|---|---|
| Homes in the community | 91 (FL DOR 2025 assessment roll) |
| Years built | 2004–2024 (median 2021) |
| Typical living area | 2,741 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 70% |
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, “HOMEWOOD ESTATES key facts,” movewithmomentum.com/neighborhoods/homewood-estates, data as of September 20, 2026.
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.
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.
Emerald Coast MLS sales records identify 76 homes in HOMEWOOD ESTATES that have changed hands since 2010, built between 1976 and 2025 (median 2023), with a median living area of about 1,830 sq ft and a typical 4-bedroom, 2-bath layout; 99% are single-family homes. 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 8 qualified sales in HOMEWOOD ESTATES across 2024–2025 (4 in 2024, 4 in 2025), median $455,000 — 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.
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.
In ZIP 32539, 360 homes are on the market and 24% are under contract — a steady corner of Crestview.
Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).
In ZIP 32539 (Crestview), 527 homes closed in the last 12 months at a median of $323K, up 5.8% year over year, with a median 67 days on market. Right now 140 active and 52 pending listings put supply at about 4.2 months — a balanced market. See the live ZIP 32539 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Homewood Estates specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in HOMEWOOD ESTATES, 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 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.
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 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 →
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.
Frequently Asked Questions
How many homes are in Homewood Estates?
What share of Homewood Estates is owner-occupied?
When were the homes in Homewood Estates built?
Who is the best real estate agent for Homewood Estates?
How do I find a top Crestview real estate agent who knows Homewood Estates?
Can Momentum Realty connect me with an agent for Homewood Estates?
Where is Homewood Estates, and what county is it in?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32539)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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 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.
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See how HOMEWOOD ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores:
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