Old Town
Homes for Sale in Fort Walton Beach, FL

Old Town PH III is a small phase within Old Town in Fort Walton Beach, Okaloosa County, currently showing a single active listing and no community amenities identified from MLS. Read this one as a house-by-house decision rather than a subdivision play.

Emerald Coast MLS sales records identify 29 homes in OLD TOWN that have changed hands since 2002, built between 1995 and 1997 (median 1996), with a median living area of about 1,363 sq ft and a typical 3-bedroom, 2-bath layout; 100% 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 5 qualified sales in OLD TOWN across 2025–2025, median $310,000 — 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.

Old Town is too small for its own price trend, so here is the market around it.

In ZIP 32547, 198 homes are on the market and 27% are under contract — a steady corner of Fort Walton Beach.

Across Okaloosa County, 1,890 homes are active and 551 pending (23% under contract).

In ZIP 32547 (Fort Walton Beach), 65 homes closed in the last 12 months at a median of $325K, up 10.3% year over year, with a median 29 days on market. Right now 23 active and 8 pending listings put supply at about 4.2 months — a balanced market. See the live ZIP 32547 housing market and the Okaloosa County market.

ZIP and county figures describe the wider market, not Old Town specifically. Momentum Research analysis of MLS records.

With only one active listing, this phase gives you almost no internal comparison set. There is no amenity package identified in the current MLS data, so the value case rests on the home itself and its position within greater Fort Walton Beach rather than on shared community features.

That thinness cuts both ways. A well-kept home can stand out simply because it is the only thing available in the phase, but pricing and negotiation lean heavily on comparables drawn from the surrounding area. Expect to justify value with the property's condition, lot, and location, and to look beyond the phase boundary for supporting sales.

In a phase this small, the neighborhood story does not carry the deal — the specific home and the broader Fort Walton Beach comparables do. We build that comp picture from the surrounding market, pressure-test condition and lot, and keep you from over-reading a single data point in either direction.