Racetrack Road
Homes for Sale in Fort Walton Beach, FL
All 385 homes for sale in Fort Walton Beach, FL · median $399,999 · 122 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
Over the 12 months ending 2026-11-09, 3 recorded sales closed at a median of $309,000, a median 3 days on market, sellers accepting 89% of original asking. 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). At the median price and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $3,980 ($3,480 with the full homestead exemption).
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.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside RACETRACK ROAD RESUB 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
Racetrack Road market snapshot (as of November 9, 2026): the median sale price is about $309K, and a median 3 days on market for closed sales.
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.
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.
Racetrack Road is a community of 120 homes in Fort Walton Beach, Okaloosa County, built between 1958 and 2020 (median 1963.0), with a median living area of about 1,490 square feet. 63% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
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.
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
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 contributors.
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.
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 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.
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 →
Recently off market in RACETRACK ROAD RESUB
Homes in RACETRACK ROAD RESUB 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. 2 on record.
- 402 Gerold Street · off market
- 424 NE Woodrow Street · off market
| 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) |
| Sale prices, last 12 months | $309,000 median across 3 closed sales |
| Days on market (closed sales) | 3 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 63% |
Data as of November 9, 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 key facts,” movewithmomentum.com/neighborhoods/racetrack-road-resub, data as of November 9, 2026.
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.
Recently sold in Racetrack Road Resub
- 402 Gerold Street · sold $325,000
- 424 Ne Woodrow Street · sold $309,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Fort Walton Beach home searches
- All homes for sale in Fort Walton Beach, FL
- Homes for sale in Okaloosa County, FL
- Fort Walton Beach pool homes for sale
- Fort Walton Beach waterfront homes for sale
- Gated communities in Fort Walton Beach
- Fort Walton Beach home values: what is my house worth?
- ZIP 32547 housing scorecard
Fort Walton Beach guides & data
- Market data
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
- ZIP codes
- Home builders (Okaloosa County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Fort Walton Beach? Join Momentum in Fort Walton Beach: 100% commission, one $12K cap.
What it really costs to own in Racetrack Road
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $733/yr across 4 listings here (MLS tax records, 2026-11-14). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Okaloosa County is $2,644/yr (1,101 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1962 across 4 listings. An original roof here would be about 64 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Racetrack Road
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Racetrack Road
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Racetrack Road will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Racetrack Road?
How long do homes in Racetrack Road take to sell?
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: November 13, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending November 9, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32547)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (3 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. A Momentum agent can 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: