Magnolia House
Homes for Sale in Destin, FL
All 603 homes for sale in Destin, FL · median $634,900 · 618 homes for sale in 32541 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of September 2026, Magnolia House in Destin, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $514,500, a median 58 days on market, sellers accepting 95% of original asking (-14% versus the prior year). Homes listed or recently sold were built 1986–1986; 7 of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $6,630 ($6,130 with the full homestead exemption).
| Location | Destin, Okaloosa County, FL · ZIP 32541 |
|---|---|
| Homes in the community | 122 (FL DOR 2025 assessment roll) |
| Years built | 1968–2024 (median 1976.0) |
| Typical living area | 629 sq ft (median) |
| Home types (current listings and sales) | condos 100% |
| Amenities listed by sellers | BBQ Pit/Grill, Gated, Pool, Tennis Court(s), Beach, Elevators |
| Sale prices, last 12 months | $514,500 median across 6 closed sales · -13.5% vs the prior 12 months |
| Days on market (closed sales) | 58 median |
| For sale right now | 1 active, 1 pending · median asking $590,000 · 2.0 months of supply |
| Owner-occupied (homestead) share | 10% |
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, “MAGNOLIA HOUSE key facts,” movewithmomentum.com/neighborhoods/magnolia-house, data as of September 20, 2026.
Last 30 days in Magnolia House: 1 closed sale (median $375,000). As of September 26, 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.
Magnolia House is a small, thinly traded pocket in Destin, and that scale is the first thing to understand. With only a handful of closings in the recent window and a couple of active listings, price here is driven far more by the condition and specifics of the individual unit than by any broad trend. The median sits at $504,500, but with this little inventory, one motivated seller or one renovated unit can move the number materially.
The posture right now is soft on paper. Prices are down 10.3% year over year, and the typical listing is taking just under 60 days to sell — this is not a market where anything moves overnight. For a buyer, that means room to negotiate and time to be selective. For a seller, it means condition, pricing discipline, and patience matter more than usual; the long-run gain since 2012 (up 236%) is real, but it does not carry a listing that is priced ahead of the current market.
Magnolia House right now
🟡 Balanced market. 2.0 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 20, 2026. Confidence: Medium (2 active and pending listings, 6 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($514K) is down 13.5% from the prior 12 months ($595K) and up 243% since 2012. With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (6 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
Magnolia House market snapshot (as of September 20, 2026): the median sale price is about $514K, a median 59 days on market for closed sales, and 2.0 months of supply, a balanced market. The trailing-12-month median is down 14% from the prior 12 months and up 243% since 2012, computed from record-level Emerald Coast MLS closed sales (6 closings in the current window).
In ZIP 32541 (Destin), 790 homes closed in the last 12 months at a median of $730K ($199/sq ft), down 1.9% year over year, with a median 96 days on market. Right now 488 active and 65 pending listings put supply at about 9.0 months — a soft market. See the live ZIP 32541 housing market and the Okaloosa County market.
County records show 5 qualified sales in MAGNOLIA HOUSE across 2024–2024, median $345,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Magnolia House is a community of 122 homes in Destin, Okaloosa County, built between 1968 and 2024 (median 1976.0), with a median living area of about 629 square feet. 10% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Magnolia House is a low-volume Destin community where the small number of transactions makes each individual listing the story — the median is a reference point, not a promise, and condition sets the spread.
The setting & the homes.
Aerial and on-site photos of Magnolia House. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Magnolia HousePhotos from Emerald Coast MLS listings in Magnolia House; content deemed reliable but not guaranteed.
Who Magnolia House is best for.
Best for
- Buyers targeting the mid-$500s in Destin who can move deliberately and hold for the longer term
- Value-focused buyers ready to negotiate against a softer, slower market
- Buyers who prioritize location and unit condition over shared community amenities
Probably not for
- Buyers who need to resell quickly in a liquid, high-turnover market
- Anyone who wants amenity-rich community facilities as part of the purchase
- Buyers who want a deep pool of comparable listings to price against before committing
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($514K) IS the median in the snapshot above, and the move from 2025 ($595K) IS the -13.5% one-year change.
Windows contain 1 to 7 sales each (6 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.
11% of homes for sale in ZIP 32541 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-27).
Magnolia House Market Scorecard
Magnolia House is currently a balanced market. About 2.0 months of supply, a median asking price of $590,000, and homes go under contract in about 308 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Magnolia House
Live MLS inventory for Magnolia House. 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 Magnolia House listings as of 2026-09-26, 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.
Magnolia House 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
- Destin · Elementary
- Destin · Middle
- Destin · High
Zoned schools reflect the assignments reported on recent Magnolia House 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 Magnolia House address.
Shop the zone: Homes zoned for Destin High School
The Magnolia House buying strategy.
If we were buying in Magnolia House 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 Magnolia House.
A thin market rewards patience
The defining feature here is volume, or the lack of it. Six closings in the window and two active listings mean the sample is small enough that averages should be read with caution. A single distinctive unit — updated finishes, a better location within the building, a specific view — can pull the median in either direction. Do not treat the $504,500 figure as an entry point or a ceiling; treat it as the midpoint of a spread that condition and specifics will define.
No community amenities surface in the current MLS listings, so the value proposition rests on the units themselves and on the Destin location rather than on shared facilities. A market heat score of 50 reflects the balance you'd expect from the numbers: a nearly two-month time on market and a year-over-year dip give buyers leverage, while the long appreciation history and limited supply keep sellers from having to give the property away.
The location and the amenities are priced into every listing in Magnolia House. 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 Magnolia House 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 5 factors (5.6). Basis: Long-Term Appreciation +243% since 2012; Recent Direction -13.5% year-over-year; Liquidity & Demand 2.0 months of supply; Owner Commitment 10% owner-occupied; Pricing Power 94.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this thin, comps are scarce and each listing carries outsized weight, so the analysis has to be done unit by unit rather than off a headline median. We track the closings and active inventory in Magnolia House directly, we know how condition and specifics drive the spread here, and we'll tell you plainly when a given asking price is ahead of what the recent window supports.
Magnolia House 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 Magnolia House 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 Magnolia House sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia House, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia House home worth?
Get a no-obligation home value based on real comparable sales in Magnolia House, 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 Destin →
Recently off market in MAGNOLIA HOUSE
Homes in MAGNOLIA HOUSE that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 480 Gulf Shore Drive #Unit 208 · off market
Frequently Asked Questions
What is the median home price in Magnolia House?
How long do homes in Magnolia House take to sell?
Is Magnolia House a buyer's or seller's market right now?
How many homes are in Magnolia House?
What share of Magnolia House is owner-occupied?
When were the homes in Magnolia House built?
Have Magnolia House home prices gone up?
Who is the best real estate agent for Magnolia House?
How do I find a top Destin real estate agent who knows Magnolia House?
Can Momentum Realty connect me with an agent for Magnolia House?
Where is Magnolia House, and what county is it in?
Is Magnolia House a good place to live?
Should you buy in Magnolia House?
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: September 26, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32541)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1998 (75 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 MAGNOLIA HOUSE fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Magnolia House with Momentum Realty’s local guides.