Racetrack Road
Homes for Sale in Fort Walton Beach, FL
All 414 homes for sale in Fort Walton Beach, FL · median $398,000 · 149 homes for sale in 32547 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, Racetrack Road Resub in Fort Walton Beach, FL has 1 home for sale. Homes listed or recently sold were built 1962–1964; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 16 ft).
| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32547 |
|---|---|
| Homes in the community | 120 (FL DOR 2025 assessment roll) |
| Years built | 1958–2020 (median 1963.0) |
| Typical living area | 1,490 sq ft (median) |
| For sale right now | 1 active, 1 pending · median asking $299,500 · 12.0 months of supply |
| Owner-occupied (homestead) share | 63% |
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, “RACETRACK ROAD RESUB key facts,” movewithmomentum.com/neighborhoods/racetrack-road-resub, data as of September 20, 2026.
Price here is driven by condition and lot, not by a common floor plan. With homes dating back to 1958 and a median build year of 1963, most of the stock is older; what a specific house has been updated with — roof, systems, kitchens — will move its number far more than the address does. FACTS gives no median sale price for the current window, so treat any single comp as a starting point for negotiation, not a rule.
Supply is thin right now: one active listing against 142 homes and a single recent closing. That is too little movement to call the market's direction with confidence. For a seller, scarcity can work in your favor if your home shows well; for a buyer, it means patience and a willingness to act when the right updated house appears rather than waiting for a wave of inventory.
Racetrack Road right now
🟢 Buyer-leaning market. 12.0 months of supply and 50% of the inventory already under contract give buyers above-average negotiating leverage.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: Low (2 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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
Racetrack Road Resub is an established, mostly owner-occupied pocket of Fort Walton Beach — homestead exemptions cover more than half the homes — built out over decades and centered on modest, single-story living space around 1,462 square feet at the median.
Emerald Coast MLS sales records identify 53 homes in RACETRACK ROAD that have changed hands since 2002, built between 1962 and 2020 (median 1964), with a median living area of about 1,456 sq ft and a typical 3-bedroom, 2-bath layout; 98% 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 8 qualified sales in RACETRACK ROAD across 2024–2025 (4 in 2024, 4 in 2025), median $280,000 — 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.
The setting & the homes.
Aerial and on-site photos of Racetrack Road. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Racetrack Road
Racetrack Road
Racetrack Road
Racetrack RoadPhotos from Emerald Coast MLS listings in Racetrack Road; content deemed reliable but not guaranteed.
Who Racetrack Road is best for.
Best for
- Buyers seeking a primary residence in an established, mostly owner-occupied area
- Renovation-minded buyers who can add value to an older home through updates
- Those prioritizing a practical, single-story footprint over square footage
Probably not for
- Buyers who want amenity-rich community living with pools or gates
- Anyone needing move-in-ready new construction with no work required
- Investors expecting a deep, fast-moving pool of inventory to choose from
The market around Racetrack Road
Racetrack Road 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), 385 homes closed in the last 12 months at a median of $337K ($136/sq ft), up 12.1% year over year, with a median 38 days on market. Right now 107 active and 39 pending listings put supply at about 4.0 months — a healthy market. See the live ZIP 32547 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Racetrack Road specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in RACETRACK ROAD RESUB, 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.
Homes For Sale Right Now in Racetrack Road
Live MLS inventory for Racetrack Road. 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 Racetrack Road listings as of 2026-10-01, 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.
Every Home for Sale in Racetrack Road Resub Right Now (2)
All 2 active and pending Racetrack Road Resub listings with a detail page, newest first, refreshed twice a day from the MLS.
- 424 NE Woodrow Street · $299,500 · 3 bd / 2 ba · pending · listed Sep 16, 2026 · listed by LoKation
- 402 Gerold Street · $334,900 · 4 bd / 2 ba · pending · listed Jul 29, 2026 · listed by Coldwell Banker Realty
Racetrack Road 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
- Longwood · Elementary
- Pryor · Middle
- Choctawhatchee · High
Zoned schools reflect the assignments reported on recent Racetrack Road 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 Racetrack Road address.
Shop the zone: Homes zoned for Choctawhatchee High School
The Racetrack Road buying strategy.
If we were buying in Racetrack Road 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Racetrack Road.
An older, condition-driven resale market
The build range runs from 1958 to 2020, but the median year of 1963 tells you the character: this is predominantly older housing, with a handful of newer infill homes mixed in. That spread is the whole story on price. Two homes of similar size can trade very differently depending on how much of the mechanicals, roof, and interior have been brought current. Budget for inspection and, in some cases, renovation.
At roughly 1,462 square feet median, floor plans here are practical rather than expansive. With no community amenities identified from current listings, you are buying the house and the location — not a pool, gate, or clubhouse. The homestead share above 57 percent points to a stable, lived-in area rather than a heavy rental or flip market.
The location and the amenities are priced into every listing in Racetrack Road. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, one comp can mislead you in either direction. We read each home on its own condition and updates rather than leaning on a neighborhood average, and we know how to pace an offer when inventory is scarce. Whether you are pricing an older home to sell or judging what an updated one is worth, we ground the number in what the house actually is.
Racetrack Road 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 Racetrack Road 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 Racetrack Road sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Racetrack Road, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Racetrack Road home worth?
Get a no-obligation home value based on real comparable sales in Racetrack Road, 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 Fort Walton Beach →
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.
26% of homes for sale in ZIP 32547 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 (2026-10-02).
Frequently Asked Questions
Is Racetrack Road a buyer's or seller's market right now?
How many homes are in Racetrack Road?
What share of Racetrack Road is owner-occupied?
When were the homes in Racetrack Road built?
Who is the best real estate agent for Racetrack Road?
How do I find a top Fort Walton Beach real estate agent who knows Racetrack Road?
Can Momentum Realty connect me with an agent for Racetrack Road?
Where is Racetrack Road, and what county is it in?
Should you buy in Racetrack Road?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32547)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1995 (38 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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how RACETRACK ROAD RESUB fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
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