Olde Cypress Village
Homes for Sale in Fort Walton Beach, FL
All 414 homes for sale in Fort Walton Beach, FL · median $398,000 · 282 homes for sale in 32548 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $332,900, a median 32 days on market, sellers accepting 99% of original asking (+26% versus the prior year). Homes listed or recently sold were built 1991–1994; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 31 ft). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,290 ($3,780 with the full homestead exemption).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32548 |
|---|---|
| Homes in the community | 52 (FL DOR 2025 assessment roll) |
| Years built | 1990–1995 (median 1992.0) |
| Typical living area | 1,452 sq ft (median) |
| Sale prices, last 12 months | $332,900 median across 3 closed sales · +25.6% vs the prior 12 months |
| Days on market (closed sales) | 32 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 52% |
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, “OLDE CYPRESS VILLAGE key facts,” movewithmomentum.com/neighborhoods/olde-cypress-village, data as of September 20, 2026.
Olde Cypress Village right now
🟢 Still climbing. The trailing-12-month median ($333K) is up 25.6% from the prior 12 months ($265K). With about 2 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 (3 and 5 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 1, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside OLDE CYPRESS VILLAGE 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
Olde Cypress Village market snapshot (as of September 20, 2026): the median sale price is about $333K, and a median 32 days on market for closed sales. The trailing-12-month median is up 26% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (3 closings in the current window).
In ZIP 32548 (Fort Walton Beach), 338 homes closed in the last 12 months at a median of $325K, up 11.9% year over year, with a median 41 days on market. Right now 112 active and 32 pending listings put supply at about 5.0 months — a balanced market. See the live ZIP 32548 housing market and the Okaloosa County market.
County records show 8 qualified sales in OLDE CYPRESS VILLAGE across 2024–2025 (6 in 2024, 2 in 2025), median $300,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Olde Cypress Village is a community of 52 homes in Fort Walton Beach, Okaloosa County, built between 1990 and 1995 (median 1992.0), with a median living area of about 1,452 square feet. 52% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Olde Cypress Village. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Olde Cypress Village
Olde Cypress Village
Olde Cypress VillagePhotos from Emerald Coast MLS listings in Olde Cypress Village; content deemed reliable but not guaranteed.
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 ($333K) IS the median in the snapshot above, and the move from 2025 ($265K) IS the +25.6% one-year change.
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.
15% of homes for sale in ZIP 32548 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 (2026-09-20).
Olde Cypress Village Market Scorecard
Olde Cypress Village is currently a balanced market..
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.
Housing distress & ownership in OLDE CYPRESS VILLAGE, Fort Walton Beach
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.
Olde Cypress Village 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.
The Olde Cypress Village buying strategy.
If we were buying in Olde Cypress Village 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 Olde Cypress Village.
A closer look at the Olde Cypress Village market
Homes in Olde Cypress Village trade around a median of $333K, where condition and lot do more to set the final number than the asking price does.
The trailing-12-month median up 26% year over year. Homes that do trade take a median 32 days on market, useful leverage on any listing that has lingered.
The housing stock is 52 homes built between 1990 and 1995, and 52% 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 Olde Cypress Village. 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 Olde Cypress Village 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 (8.3). Basis: Recent Direction +25.6% year-over-year; Owner Commitment 52% owner-occupied; Pricing Power 99.4% sale-to-list. Refreshed with each data update.
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 Olde Cypress Village 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 Olde Cypress Village sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Olde Cypress Village, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Olde Cypress Village home worth?
Get a no-obligation home value based on real comparable sales in Olde Cypress Village, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Olde Cypress Village?
How long do homes in Olde Cypress Village take to sell?
How many homes are in Olde Cypress Village?
What share of Olde Cypress Village is owner-occupied?
When were the homes in Olde Cypress Village built?
Who is the best real estate agent for Olde Cypress Village?
How do I find a top Fort Walton Beach real estate agent who knows Olde Cypress Village?
Can Momentum Realty connect me with an agent for Olde Cypress Village?
Where is Olde Cypress Village, and what county is it in?
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 1, 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 (2 streets, ZIP 32548)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1993 (67 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how OLDE CYPRESS VILLAGE fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Olde Cypress Village
- Home values · What homes in Olde Cypress Village actually sell for
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