SANTA MARKELLA
Homes for Sale in Fort Walton Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via emeraldcoast
Santa Markella is an older, established pocket of Fort Walton Beach, with a median build year of 1960 and homes stretching back to 1954. At a median of about 1,496 square feet, these are modest, single-story-era footprints, and price here is driven far more by condition and updates than by square footage or age. With a median around $279,750, expect a wide spread: a renovated home and a dated one can sit far apart in value even on the same street.
The current posture favors patient buyers. Median days on market sits near 118, price is off 5.2% year over year, and the market heat score of 17 points to a slow, negotiable market. Sellers should price to condition and prepare for a longer marketing window; buyers have room to be selective and to underwrite on the work a specific home needs rather than chasing comps.
SANTA MARKELLA right now
🟡 Off the recent peak. The trailing-12-month median ($280K) is down 5.2% from the prior 12 months ($295K) and up 166% since 2012. With about 8 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 emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Medium (6 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 25, 2026 · Live data: emeraldcoast, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
SANTA MARKELLA market snapshot (as of July 25, 2026): the median sale price is about $280K, and a median 118 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months and up 166% since 2012, computed from record-level emeraldcoast closed sales (6 closings in the current window).
SANTA MARKELLA is a community of 496 homes in Fort Walton Beach, Okaloosa County, built between 1954 and 2023 (median 1960.0), with a median living area of about 1,496 square feet. 68% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Santa Markella is a roughly 496-home, mid-century neighborhood inside Fort Walton Beach in Okaloosa County, with no shared amenities identified from current listings. It trades as a condition-driven market where updated and original homes can vary widely in value.
The setting & the homes.
Aerial and on-site photos of SANTA MARKELLA. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
SANTA MARKELLA
SANTA MARKELLA
SANTA MARKELLAPhotos from emeraldcoast listings in SANTA MARKELLA; content deemed reliable but not guaranteed.
Who SANTA MARKELLA is best for.
Best for
- Buyers targeting a mid-$270s budget who want an established Fort Walton Beach location over new construction
- Renovation-minded buyers ready to update a mid-century home and build value through condition
- Patient buyers who can use the slow market and long days-on-market to negotiate
Probably not for
- Buyers who want large, modern square footage move-in ready
- Sellers or buyers needing a fast, seller-favorable timeline
- Buyers looking for shared community amenities, which are not present here
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 25 of each year, from record-level emeraldcoast closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($280K) IS the median in the snapshot above, and the move from 2025 ($295K) IS the -5.2% one-year change.
Windows contain 3 to 13 sales each (6 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.
19% 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 (2026-08-14).
SANTA MARKELLA Market Scorecard
SANTA MARKELLA is currently a balanced market., a median asking price of $264,950, and homes go under contract in about 78 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: emeraldcoast, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in SANTA MARKELLA, 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 SANTA MARKELLA
Live MLS inventory for SANTA MARKELLA. 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 · 50 daysTop listingActive · 78 daysPending · 46 daysActive and pending SANTA MARKELLA listings as of 2026-07-25, 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.
SANTA MARKELLA on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from emeraldcoast. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Edwins · Elementary
- Bruner · Middle
- Fort Walton Beach · High
Zoned schools reflect the assignments reported on recent SANTA MARKELLA 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 SANTA MARKELLA address.
The SANTA MARKELLA buying strategy.
If we were buying in SANTA MARKELLA 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 SANTA MARKELLA.
An older grid where condition sets the price
This is a community of 496 homes built largely around 1960, with a range running from 1954 to 2023 — meaning the occasional newer infill or full rebuild sits among original mid-century stock. Living space clusters near 1,496 square feet, so most of what trades here is compact by modern standards. The value question is almost always about updates: roof, systems, kitchens, and baths carry the difference between homes far more than location within the grid.
Inventory is thin, with just 2 active listings against a longer-term price gain of 166% since 2012. A homestead share near 68% suggests a stable, owner-occupied core rather than heavy turnover, which reinforces the slow-and-steady character. There are no community amenities identified from current MLS listings, so buyers are underwriting the house and the location, not a shared lifestyle package.
The location and the amenities are priced into every listing in SANTA MARKELLA. 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 SANTA MARKELLA 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 4 factors (6.0). Basis: Long-Term Appreciation +166% since 2012; Recent Direction -5.2% year-over-year; Owner Commitment 68% owner-occupied; Pricing Power 89.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a condition-driven market with a long median days-on-market, pricing and inspection strategy decide outcomes. We help sellers position against the specific competing home rather than a blended median, and we help buyers underwrite the real cost of updates on mid-century stock before they write an offer — so the number reflects the house, not the hype.
SANTA MARKELLA in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 SANTA MARKELLA 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 SANTA MARKELLA sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in SANTA MARKELLA, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your SANTA MARKELLA home worth?
Get a no-obligation home value based on real comparable sales in SANTA MARKELLA, 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 homes for sale in SANTA MARKELLA on the map →
Recent Developments in Santa Markella
Development, infrastructure, retail, and school activity affecting Santa Markella, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 9 miles northeast of Santa Markella.
Source: Get The Coast - May 2026Development
Okaloosa commissioners approve master plan for 392-lot River Park subdivision in Crestview
Okaloosa County commissioners unanimously approved the master plan for River Park, a 392 lot single family subdivision on 263 acres east of Main Drive and north of Airport Road in Crestview. The project by River Park Landing LLC will be built in three phases, with each phase requiring a separate development order approval.
What it may mean for the marketAdds substantial single family housing supply to the Crestview market and phases new residential construction onto a large tract in north Okaloosa County. The project is about 25 miles north of Santa Markella, elsewhere in Okaloosa County.
Source: Get The Coast - May 2026Infrastructure
Okaloosa County opens $212M Southwest Crestview Bypass
Okaloosa County opened the $212 million Southwest Crestview Bypass, a 3.5 mile four lane corridor connecting Antioch Road to State Road 85 with access from U.S. Highway 90. The project includes a 1,713 foot bridge, sidewalks, a multi use path, and direct access to the new Pineview K-8 school opening in August 2026.
What it may mean for the marketAdds a major four lane traffic corridor serving southwest Crestview and expands regional road capacity for surrounding growth in north Okaloosa County. The project is about 21 miles north of Santa Markella, elsewhere in Okaloosa County.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in SANTA MARKELLA?
How long do homes in SANTA MARKELLA take to sell?
How many homes are in SANTA MARKELLA?
What share of SANTA MARKELLA is owner-occupied?
When were the homes in SANTA MARKELLA built?
Do cash buyers compete in SANTA MARKELLA?
Have SANTA MARKELLA home prices gone up?
Who is the best real estate agent for SANTA MARKELLA?
How do I find a top Fort Walton Beach real estate agent who knows SANTA MARKELLA?
Can Momentum Realty connect me with an agent for SANTA MARKELLA?
Should you buy in SANTA MARKELLA?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near SANTA MARKELLA with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | emeraldcoast, refreshed twice daily (last: July 25, 2026) |
| Community market stats | emeraldcoast closed sales, 12-month windows ending July 25, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (10 streets, ZIP 32547/32548)) |
| Historical depth | Closed-sale records back to 1993 (181 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.
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More Fort Walton Beach & Destin, Okaloosa & Walton (Emerald Coast) guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Destin, Okaloosa & Walton (Emerald Coast) or the full Neighborhood Finder.
See how SANTA MARKELLA fits the bigger picture — live prices, inventory, and Momentum Scores: