Shoal Terrace Estates
Homes for Sale in Crestview, FL
All 361 homes for sale in Crestview, FL · median $325,000 · 241 homes for sale in 32539 · Okaloosa County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Shoal Terrace Estates in Crestview, FL has 3 homes for sale. Homes listed or recently sold were built 1988–2003; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 174 ft).
Last 30 days in Shoal Terrace Estates: 1 new listing (median asking $195,000). As of November 11, 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.
Homes For Sale Right Now in Shoal Terrace Estates
Live MLS inventory for Shoal Terrace Estates. 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 · 102 daysTop listing
Active · 35 daysActive · 9 daysActive and pending Shoal Terrace Estates listings as of 2026-11-11, 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.
Price here is driven mainly by condition and vintage, not by amenities or new construction. The housing stock spans roughly six decades, from 1964 through 2023, with the middle of the range built in 1989, so what you pay tracks closely to how much updating a given home has already had. The median sits at $234,950, and around that number you will find a wide spread depending on renovation status and square footage, with the typical home near 1,330 living feet.
The current posture favors a patient buyer. The median home is taking 72 days to sell, prices are down 4.1% year over year, and the market heat score of 29 points to a slow, unhurried pace. There are no active listings in the snapshot, so timing matters — inventory here comes and goes. Sellers should price to the reality of a soft, condition-sensitive market rather than to hope.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Shoal Terrace Estates right now
🟢 Buyer-leaning market. 9.0 months of supply and 0% 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 November 9, 2026. Confidence: Low (3 active and pending listings, 0 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 12, 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
Shoal Terrace Estates is an established, mostly owner-occupied pocket of Crestview with an owner-occupancy share around 62%, an older housing base with occasional newer infill, and no shared amenities to carry value.
Emerald Coast MLS sales records identify 65 homes in SHOAL TERRACE ESTATES that have changed hands since 2001, built between 1988 and 2018 (median 1993), with a median living area of about 1,066 sq ft and a typical 3-bedroom, 2-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 6 qualified sales in SHOAL TERRACE ESTATES across 2024–2025 (1 in 2024, 5 in 2025), median $245,000 — 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 Shoal Terrace Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Shoal Terrace EstatesPhotos from Emerald Coast MLS listings in Shoal Terrace Estates; content deemed reliable but not guaranteed.
Who Shoal Terrace Estates is best for.
Best for
- Buyers with a modest budget willing to update an older home to build value
- Owner-occupants seeking an established, mostly owner-occupied area over a new build
- Patient buyers who can wait for the right listing to surface and negotiate on it
Probably not for
- Buyers who want turnkey new construction with no renovation work
- Anyone who needs community amenities like a pool or clubhouse
- Buyers or investors counting on a fast resale in a soft, slow-moving market
The market around Shoal Terrace Estates
Shoal Terrace Estates is too small for its own price trend, so here is the market around it.
In ZIP 32539, 328 homes are on the market and 26% are under contract — a steady corner of Crestview.
Across Okaloosa County, 1,691 homes are active and 403 pending (19% under contract).
In ZIP 32539 (Crestview), 99 homes closed in the last 12 months at a median of $311K, up 49.4% year over year, with a median 71 days on market. Right now 74 active and 28 pending listings. See the live ZIP 32539 housing market and the Okaloosa County market.
ZIP and county figures describe the wider market, not Shoal Terrace Estates specifically. Momentum Research analysis of MLS records.
Shoal Terrace 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.
Schools
- Okaloosa County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Riverside · Elementary
- Shoal River · Middle
- Crestview · High
Zoned schools reflect the assignments reported on recent Shoal Terrace Estates 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 Shoal Terrace Estates address.
Shop the zone: Homes zoned for Crestview High School
The Shoal Terrace Estates buying strategy.
If we were buying in Shoal Terrace 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.
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 Shoal Terrace Estates.
An established stock that rewards the renovator
With 285 homes and a build range from 1964 to 2023, this is not a uniform subdivision — it is a mix of older houses and scattered newer ones. The median build year of 1989 and median size near 1,330 square feet describe a modest, mid-sized home. That variety is the story: two houses at the same address count can trade far apart based purely on what has been updated.
The soft numbers — a 4.1% year-over-year decline and 72 days to sell — mean neither side should move fast. A buyer has room to inspect, negotiate, and walk. A seller needs honest condition assessment and realistic pricing, because with no amenities to lean on and a slow heat score of 29, the home has to compete on its own merits.
The location and the amenities are priced into every listing in Shoal Terrace Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a condition-driven market with thin inventory and a slow pace, the value is in reading each home individually — vintage, updates, and square footage — rather than trusting a headline median. We track when listings surface, help buyers judge renovation cost against the $234,950 median, and coach sellers to price into a soft, patient market instead of against it.
Shoal Terrace Estates in 15 seconds.
Tools for a Shoal Terrace 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 Shoal Terrace Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shoal Terrace 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 Shoal Terrace Estates home worth?
Get a no-obligation home value based on real comparable sales in Shoal Terrace 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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Recently off market in SHOAL TERRACE ESTATES
Homes in SHOAL TERRACE ESTATES 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. 1 on record.
- 144 Oak Terrace Drive · off market
| Location | Crestview, Okaloosa County, FL · ZIP 32539 |
|---|---|
| Homes in the community | 135 (FL DOR 2025 assessment roll) |
| Years built | 1964–2005 (median 1990) |
| Typical living area | 1,217 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| For sale right now | 3 active, 0 pending · median asking $225,000 · 9.0 months of supply |
| 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, “Shoal Terrace Estates key facts,” movewithmomentum.com/neighborhoods/shoal-terrace-estates, data as of November 9, 2026.
Housing distress & ownership in SHOAL TERRACE ESTATES, Crestview
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.
Just listed in Shoal Terrace Estates
The newest homes for sale in Shoal Terrace Estates right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 303 Green Oak Drive $195,000 · 3 bd · 2 ba · listed Nov 3, 2026 Courtesy of Sound Choice Real Estate LLC
- 210 Water Oak Lane $225,000 · 3 bd · 2 ba · listed Oct 8, 2026 Courtesy of Berkshire Hathaway Home Services PenFed Realty
- 127 Oak Terrace Drive $285,000 · 4 bd · 2 ba · listed Aug 2, 2026 Courtesy of Realty ONE Group Emerald Coast
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Shoal Terrace Estates Right Now (3)
All 3 active and pending Shoal Terrace Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 303 Green Oak Drive · $195,000 · 3 bd / 2 ba · listed Nov 2, 2026 · listed by Sound Choice Real Estate LLC
- 210 Water Oak Lane · $225,000 · 3 bd / 2 ba · listed Oct 7, 2026 · listed by Berkshire Hathaway Home Services PenFed Realty
- 127 Oak Terrace Drive · $285,000 · 4 bd / 2 ba · listed Aug 13, 2026 · listed by Realty ONE Group Emerald Coast
More Crestview home searches
- All homes for sale in Crestview, FL
- Homes for sale in Okaloosa County, FL
- Crestview pool homes for sale
- Crestview home values: what is my house worth?
- ZIP 32539 housing scorecard
Crestview guides & data
- Market data
- Best neighborhoods (ranked by data)
- Property taxes (Okaloosa County)
- Homestead exemption (Okaloosa County)
- Home insurance cost
- New construction
- New construction (Okaloosa County)
- ZIP codes
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
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Oak Terrace Drive (31 homes on record)
- John King Road (5 homes on record)
- Oak Terrace Drive (1 homes on record)
26% of homes for sale in ZIP 32539 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 (2026-11-12).
Email me new listings in Shoal Terrace Estates
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 Shoal Terrace Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Shoal Terrace Estates will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
Is Shoal Terrace Estates a buyer's or seller's market right now?
How many homes are in Shoal Terrace Estates?
What share of Shoal Terrace Estates is owner-occupied?
When were the homes in Shoal Terrace Estates built?
Who is the best real estate agent for Shoal Terrace Estates?
How do I find a top Crestview real estate agent who knows Shoal Terrace Estates?
Can Momentum Realty connect me with an agent for Shoal Terrace Estates?
Where is Shoal Terrace Estates, and what county is it in?
Should you buy in Shoal Terrace 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 (3 streets, ZIP 32539)) |
| 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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See how SHOAL TERRACE ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores: