Racetrack Road
Homes for Sale in Fort Walton Beach, FL

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 51 homes in RACETRACK ROAD that have changed hands since 2002, built between 1962 and 2020 (median 1964), with a median living area of about 1,408 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.

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.

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.

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.