LAKE SILVER 1ST ADDN
Homes for Sale in Crestview, FL

Community in Crestview · Okaloosa County · ZIP 32536
174 homesBuilt 1919–2024Median sale $270K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive emeraldcoast data19 years of closingsFL DOR public recordsUpdated twice daily
Live · LAKE SILVER 1ST ADDN Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$270K
Median sold · 12 mo
94.8%
Sale vs ask
Tempo
53days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
68%
Owner-occupied · LAKE SILVER 1ST ADDN
125 of 183 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · LAKE SILVER 1ST ADDN
incl. 6% trust or LLC-held · 4% out-of-state
0%
Cash buyers · LAKE SILVER 1ST ADDN
0 of 3 sales, 12 mo ending July 2026
174
Homes in the community
plus 9 vacant residential lots · 183 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1919
Community established
homes built 1919-2024, median 2004 (FL DOR 2025)
1.7%/yr
Turnover rate
about 3 of 174 homes trade a year

The 60-Second Overview

LAKE SILVER 1ST ADDN market snapshot (as of July 25, 2026): the median sale price is about $270K, and a median 53 days on market for closed sales.

LAKE SILVER 1ST ADDN is a community of 174 homes in Crestview, Okaloosa County, built between 1919 and 2024 (median 2004), with a median living area of about 1,895 square feet. 68% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 6 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.

Median sale price · trailing 12 mo
$100K$200K20122014201620182020202220242026
Median days on market · closed sales
025507520122014201620182020202220242026
5 days at the 2022 low; 53 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
94.8% now.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.

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.

If we were buying in LAKE SILVER 1ST ADDN 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 LAKE SILVER 1ST ADDN.

A closer look at the LAKE SILVER 1ST ADDN market

Homes in LAKE SILVER 1ST ADDN trade around a median of $270K, where condition and lot do more to set the final number than the asking price does.

The housing stock is 174 homes built between 1919 and 2024, and 68% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in LAKE SILVER 1ST ADDN. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

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 LAKE SILVER 1ST ADDN sales matched to your home.

What is your LAKE SILVER 1ST ADDN home worth?

Get a no-obligation home value based on real comparable sales in LAKE SILVER 1ST ADDN, 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 LAKE SILVER 1ST ADDN on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in LAKE SILVER 1ST ADDN?
The median sale price in LAKE SILVER 1ST ADDN was $270K over the 12 months ending July 25, 2026 (3 closed sales, emeraldcoast).
How long do homes in LAKE SILVER 1ST ADDN take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 53 days on market (3 sales, emeraldcoast).
How many homes are in LAKE SILVER 1ST ADDN?
The Florida DOR 2025 assessment roll shows 174 homes plus 9 vacant residential lots in LAKE SILVER 1ST ADDN (public records).
What share of LAKE SILVER 1ST ADDN is owner-occupied?
68% of LAKE SILVER 1ST ADDN parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in LAKE SILVER 1ST ADDN built?
Homes in LAKE SILVER 1ST ADDN were built between 1919 and 2024, with a median year built of 2004 (FL DOR 2025 roll).
Do cash buyers compete in LAKE SILVER 1ST ADDN?
Cash buyers took 0% of LAKE SILVER 1ST ADDN sales in the 12 months ending July 2026 (0 of 3 closings, emeraldcoast).
Who is the best real estate agent for LAKE SILVER 1ST ADDN?
The best agent for LAKE SILVER 1ST ADDN 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 LAKE SILVER 1ST ADDN.
How do I find a top Crestview real estate agent who knows LAKE SILVER 1ST ADDN?
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 LAKE SILVER 1ST ADDN and the wider Crestview area.
Can Momentum Realty connect me with an agent for LAKE SILVER 1ST ADDN?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your LAKE SILVER 1ST ADDN purchase or sale - no call center and no pressure.

Data sources & freshness

Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32536))
Historical depthClosed-sale records back to 2007 (47 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.

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 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 LAKE SILVER 1ST ADDN? 3 recorded closings; median 53 days on market (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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