Scranton Estates
Homes for Sale in Fort Walton Beach, FL
All 380 homes for sale in Fort Walton Beach, FL · median $399,950 · 124 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
Homes listed or recently sold were built 1985–1998; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 7 ft). As of November 2026, the MLS records 1 closed sale in Scranton Estates in Fort Walton Beach, FL, the most recent in July 2026. Across Fort Walton Beach as a whole, 56 homes closed in the last 12 months at a median of $337,500, 55 median days on market, with 394 homes for sale today. At that median and Okaloosa County's FY2025-26 rate of 12.89 mills, annual property tax runs about $4,350 ($3,840 with the full homestead exemption).
Scranton Estates is an established Fort Walton Beach pocket where price is driven by condition, not calendar. With a build range running from 1948 to 2015 and a median year built of 1994, what you pay tracks how much updating a given home has already absorbed. The median sits near $315K, but treat that as a midpoint across a wide spread of finish levels rather than a going rate.
The current posture favors a patient buyer. A median of 67 days on market means homes here are not clearing in a weekend, so there is room to inspect, negotiate, and walk from an overpriced listing. Sellers should note the same number: pricing to condition matters, because the market is taking its time and will not reward an aspirational number.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside SCRANTON ESTATES 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
This is a small, mostly built-out enclave of 73 homes with no community amenities identified in current listings — the appeal is the location and the house itself, not shared facilities. A homestead share near 58% points to a core of owner-occupants with a meaningful slice of the inventory held otherwise.
Emerald Coast MLS sales records identify 25 homes in SCRANTON ESTATES that have changed hands since 2001, built between 1985 and 1998 (median 1994), with a median living area of about 1,330 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% 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 7 qualified sales in SCRANTON ESTATES across 2024–2025 (4 in 2024, 3 in 2025), median $340,000 — 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 Scranton Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Scranton Estates
Scranton Estates
Scranton EstatesPhotos from Emerald Coast MLS listings in Scranton Estates; content deemed reliable but not guaranteed.
Who Scranton Estates is best for.
Best for
- Buyers targeting a mid-sized home around the mid-$300s who will read condition closely before offering
- Owner-occupants who want an established Fort Walton Beach location over new construction or shared facilities
- Renovation-minded buyers with a realistic budget for updating an older home
Probably not for
- Buyers who want an amenity-rich community with shared facilities
- Anyone needing a quick close in a fast-moving market
- Buyers unwilling to budget for updates on older housing stock
The market around Scranton Estates
Scranton Estates is too small for its own price trend, so here is the market around it.
In ZIP 32547, 149 homes are on the market and 19% are under contract — a steady corner of Fort Walton Beach.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
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.
ZIP and county figures describe the wider market, not Scranton Estates specifically. Momentum Research analysis of MLS records.
Scranton Estates 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 Scranton Estates buying strategy.
If we were buying in Scranton Estates 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 Scranton Estates.
A condition-driven midpoint
The story here is age and living space. A median living area around 1,805 square feet and a median vintage of 1994 mean most homes are mid-sized and mature enough that mechanicals, roofs, and kitchens are the swing factors on price. Values are up 9.6% year over year and 143% since 2012, so the longer arc has been steady, but the near-term takeaway is that two houses at similar square footage can price very differently based on what has been renovated.
Because there are no shared amenities to underwrite value, buyers are paying for the structure and the setting. That makes the inspection and a realistic renovation budget the most important part of any offer. On a 1948-to-2015 build spread, the difference between a 1990s home left original and one recently reworked is the difference that matters most.
The location and the amenities are priced into every listing in Scranton Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small pocket of 73 homes with a 67-day median and no amenity story to lean on, the value is in reading each individual house against the median. We help buyers separate a well-updated home from a cosmetically-staged one, and we help sellers price to actual condition so a listing does not sit while the market waits it out.
Scranton Estates in 15 seconds.
Tools for a Scranton Estates 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 Scranton Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Scranton Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Scranton Estates home worth?
Get a no-obligation home value based on real comparable sales in Scranton Estates, 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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| Location | Fort Walton Beach, Okaloosa County, FL · ZIP 32547 |
|---|---|
| Homes in the community | 73 (FL DOR 2025 assessment roll) |
| Years built | 1948–2015 (median 1994) |
| Typical living area | 1,805 sq ft (median) |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 58% |
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, “Scranton Estates key facts,” movewithmomentum.com/neighborhoods/scranton-estates, data as of November 9, 2026.
Housing distress & ownership in SCRANTON ESTATES, 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.
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Fort Walton Beach guides & data
- Market data
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
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Florida buyer guides
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- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
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What it really costs to own in Scranton Estates
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 $2,107/yr across 3 listings here (MLS tax records, 2026-11-12). |
|---|---|
| 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 1994 across 3 listings. An original roof here would be about 32 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. |
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Ask an agent about Scranton Estates
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Recent Developments in Scranton Estates
Development, infrastructure, retail, and school activity affecting Scranton Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Infrastructure
Okaloosa outlines Gap Creek drainage projects and permitting hurdles in Fort Walton Beach
County staff described five stormwater efforts, including the Overbrook drainage work, a planned 2.67-acre Sylvania Heights stormwater park estimated at $4 million, and Lloyd Street and Mayflower Avenue improvements expected to go to bid in early 2027. Air Force environmental review and state and Army Corps permits for dredging complicate the timeline.
What it may mean for the marketPlanned drainage upgrades could reduce flooding exposure in the Gap Creek basin over time, though permitting delays mean relief is likely several years out. The site is about 1 mile northeast of Scranton Estates.
Source: Get The Coast - October 2026Retail & Dining
7 Brew drive-thru coffee stand opens on Beal Parkway in Fort Walton Beach
The stand at 799 Beal Parkway opened Oct. 19 and is the chain's second in Fort Walton Beach. It is expected to add 75 local jobs, and an opening fundraiser raised $4,661 for an equine therapy nonprofit.
What it may mean for the marketA new drive-thru option along Beal Parkway adds early-morning and late-night food and beverage access and about 75 jobs nearby. The site is about 2 miles north of Scranton Estates.
Source: Get The Coast - October 2026Retail & Dining
TJ Maxx to open 33,865-square-foot Destin store Nov. 1 at Paradise Key
The off-price retailer opens at 4437 Commons Drive East with a grand opening from 8 a.m. to 8 p.m. on Nov. 1. Regular hours run 9:30 a.m. to 9:30 p.m. daily, and the store sells apparel, accessories, jewelry, and home and beauty goods.
What it may mean for the marketA new national off-price anchor adds everyday shopping close to Destin's commercial corridor and may shorten trips for retail needs. The project is about 12 miles east of Scranton Estates, elsewhere in Okaloosa County.
Source: Get The Coast - October 2026Parks & Amenities
Okaloosa and Cinco Bayou open upgraded boat ramp with new trailer parking
Okaloosa County and the Town of Cinco Bayou held a ribbon cutting for upgraded boat ramp facilities, including 16 new boat trailer parking spaces, a new restroom and landscaping. The $4.1 million total, funded largely by tourism development funds, also covers the $2.95 million purchase of a former bank building at 198 Eglin Parkway NE. Future dock improvements are planned.
What it may mean for the marketAdded trailer parking and ramp access improve waterfront recreation access for Fort Walton Beach area boaters. The site is about 2 miles northeast of Scranton Estates.
Source: Get The Coast - September 2026Parks & Amenities
Destin and Okaloosa County agree on management of 4-acre Holiday Isle state park
Destin and Okaloosa County unanimously agreed to back Destin as manager and developer of the roughly four-acre state-acquired park on Holiday Isle near Norriego Point. In return, Destin council voted 5-2 to offer free parking to all Okaloosa County residents at city-owned lots and parks. The deal still requires state Board of Trustees and DEP review.
What it may mean for the marketManagement of the Holiday Isle park and city parking rules will affect public waterfront access and parking in Destin. The project is about 7 miles east of Scranton Estates, elsewhere in Okaloosa County.
Source: Get The Coast - 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 11 miles northeast of Scranton Estates.
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
How many homes are in Scranton Estates?
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Should you buy in Scranton Estates?
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 11, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32547)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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