Kennedy Lakes 1st
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, Kennedy Lakes 1ST Addn in Crestview, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $380,000, a median 118 days on market, sellers accepting 89% of original asking. Homes listed or recently sold were built 1983–2000. At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,900 ($4,390 with the full homestead exemption).
Kennedy Lakes 1st Addn is an established Crestview pocket where the housing stock spans a long build window, from the mid-1950s through 2022, with the middle of that range landing in 1989. That spread is the story: what you pay here is driven far more by a specific home's age, condition, and updates than by any single neighborhood tier. The median sits at $380,000 for a home around 2,550 square feet, which is real living space, but two houses at that same number can be very different animals depending on how much work has been done.
The current posture is thin and slow. There are no active listings in the snapshot and only a handful of closings in the trailing window, so pricing signals are soft. The median days on market ran to 118 — well past four months — which tells sellers to price with discipline and expect patience, and tells buyers there's usually room to negotiate rather than a bidding-war rhythm. With homestead occupancy high, turnover is low; homes here tend to be lived in, not flipped.
Kennedy Lakes 1st right now
🟡 Balanced market. 4.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 12, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Kennedy Lakes 1st market snapshot (as of September 12, 2026): the median sale price is about $380K, a median 118 days on market for closed sales, and 4.0 months of supply, a balanced market.
Kennedy Lakes 1st is a community of 44 homes in Crestview, Okaloosa County, built between 1983 and 2015 (median 1989.0), with a median living area of about 2,722 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
A settled residential subdivision of about 138 homes in Crestview, Okaloosa County, defined by a wide range of build years and generously sized floor plans rather than by shared amenities.
The setting & the homes.
Aerial and on-site photos of Kennedy Lakes 1st. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Kennedy Lakes 1st
Kennedy Lakes 1st
Kennedy Lakes 1st
Kennedy Lakes 1st
Kennedy Lakes 1stPhotos from Emerald Coast MLS listings in Kennedy Lakes 1st; content deemed reliable but not guaranteed.
Who Kennedy Lakes 1st is best for.
Best for
- Buyers targeting around $380,000 who want more square footage than a newer build usually delivers at that number
- Renovation-minded buyers comfortable pricing a home by its condition and updating on their own timeline
- Long-hold owner-occupants who value a settled, low-turnover street over resale churn
Probably not for
- Buyers who need to move quickly and want a deep pool of active listings to compare
- Amenity-seekers wanting a pool, gate, or shared facilities built into the community
- Investors chasing fast turnover, since occupancy here is heavily owner-held and closings are infrequent
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($380K) IS the median in the snapshot above.
Windows contain 0 to 5 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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 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.
KENNEDY LAKES 1ST ADDN Market Scorecard
KENNEDY LAKES 1ST ADDN is currently a balanced market. About 4.0 months of supply, a median asking price of $324,900, and homes go under contract in about 44 days.
Typical home value in the 32536 ZIP is $295,931, about 28.3% 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.
Housing distress & ownership in KENNEDY LAKES 1ST ADDN, 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.
Homes For Sale Right Now in Kennedy Lakes 1st
Live MLS inventory for Kennedy Lakes 1st. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Kennedy Lakes 1st listings as of 2026-09-12, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Kennedy Lakes 1st on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Northwood · Elementary
- Davidson · Middle
- Crestview · High
Zoned schools reflect the assignments reported on recent Kennedy Lakes 1st listings and can change; always confirm with Okaloosa County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Kennedy Lakes 1st address.
Recent Developments in Kennedy Lakes 1st Addn
Development, infrastructure, retail, and school activity affecting Kennedy Lakes 1st Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- 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 Kennedy Lakes 1st Addn.
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 site is about 2 miles northeast of Kennedy Lakes 1st Addn.
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 southwest of Kennedy Lakes 1st Addn.
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.
The Kennedy Lakes 1st buying strategy.
If we were buying in Kennedy Lakes 1st 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 Kennedy Lakes 1st.
Condition is the price
With build years running from 1955 to 2022 and the median at 1989, this is not a uniform tract where one comp sets the whole street. Expect to see original older homes sitting near the same median as much newer or heavily updated ones. The single number you can anchor to is the $380,000 median; everything above and below it is a function of renovation status, systems age, and how a given 2,550-square-foot layout has held up. Read each house on its own terms.
No community amenities surfaced from current MLS listings — no pool, gate, or shared facilities to price in or maintain. That keeps carrying costs simple and puts the value entirely in the structure and lot. The high homestead share and low active inventory mean listings appear infrequently, so when the right condition-and-size combination comes up, it deserves attention rather than a wait-and-see.
The location and the amenities are priced into every listing in Kennedy Lakes 1st. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Kennedy Lakes 1st buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.7). Basis: Liquidity & Demand 4.0 months of supply; Owner Commitment 82% owner-occupied; Pricing Power 89.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-inventory, slow-turnover pocket where age and condition drive price more than any headline number, you need someone who will walk the systems and read each home individually instead of leaning on a thin comp set. We track this Crestview submarket closely, price sellers to the reality of a 118-day median, and help buyers use that slower cadence to negotiate rather than overpay.
Kennedy Lakes 1st 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 Kennedy Lakes 1st 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 Kennedy Lakes 1st sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Kennedy Lakes 1st, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Kennedy Lakes 1st home worth?
Get a no-obligation home value based on real comparable sales in Kennedy Lakes 1st, 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 Kennedy Lakes 1st on the map →
Frequently Asked Questions
What is the median home price in Kennedy Lakes 1st?
How long do homes in Kennedy Lakes 1st take to sell?
Is Kennedy Lakes 1st a buyer's or seller's market right now?
How many homes are in Kennedy Lakes 1st?
What share of Kennedy Lakes 1st is owner-occupied?
When were the homes in Kennedy Lakes 1st built?
Who is the best real estate agent for Kennedy Lakes 1st?
How do I find a top Crestview real estate agent who knows Kennedy Lakes 1st?
Can Momentum Realty connect me with an agent for Kennedy Lakes 1st?
Should you buy in Kennedy Lakes 1st?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Kennedy Lakes 1st with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32536/32539)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 1993 (39 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 KENNEDY LAKES 1ST ADDN fits the bigger picture — live prices, inventory, and Momentum Scores: