THE PALMS OF DESTIN in Destin

THE PALMS OF DESTIN
Homes for Sale in Destin, FL

Community in Destin · Okaloosa County · ZIP 32541
Median sale $300K
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Live Market Pulse
10/100
Market Heat
Cooler than normal
2013 → 2026 · 90 at the 2021 peak
0 is THE PALMS OF DESTIN's coldest market since 2013, 100 its hottest. Today: 10. How it's scored

Photo via emeraldcoast

Built fromLive emeraldcoast data21 years of closingsUpdated twice daily
Live · THE PALMS OF DESTIN Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$300K
Median sold · 12 mo
down 8.5% vs the prior 12 months
-8.5%
1-yr price change
n = 41 and 35 sales in the two windows
80.6%
Sale vs ask
Okaloosa median: 96.6%
+122%
T12M median vs 2012
from a $135K median in 2012
Tempo
219days
Median DOM · closed
15 days at the 2021 low
11%
Under contract
40 · 5
For sale · pending
live counts, refreshed twice daily
41
Sold · last 12 mo
10-yr average: about 41 a year
Ownership and context
0%
Cash buyers · THE PALMS OF DESTIN
0 of 41 sales, 12 mo ending July 2026
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The Palms of Destin is condominium inventory in a resort-town market, and the median sits at $300,000. There's no amenity story to lean on from current listings, so what moves price here is unit-level: floor, view, condition, and how a given unit is set up to perform. Expect a wide spread around that median driven by those variables rather than by any single community feature.

The market posture right now favors patient buyers. Days on market run long — a median of 219 days — and prices are down 8.5% year over year, with 40 active listings against 41 closings in the window. A market heat score of 10 tells you sellers hold no leverage; anything priced to yesterday's expectations will sit. Buyers have room to negotiate and time to be selective. Sellers need sharp pricing and realistic timelines.

THE PALMS OF DESTIN Housing Pulse · Momentum Research · as of July 25, 2026

THE PALMS OF DESTIN right now

🔴 Off the recent peak. The trailing-12-month median ($300K) is down 8.5% from the prior 12 months ($328K) and up 122% since 2012.Momentum Research, record-level emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Very High (41 and 35 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

THE PALMS OF DESTIN market snapshot (as of July 25, 2026): the median sale price is about $300K, and a median 219 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months and up 122% since 2012, computed from record-level emeraldcoast closed sales (41 closings in the current window).

This is a Destin condo community trading at a $300,000 median in a slow, buyer-leaning stretch — long marketing times and softening year-over-year pricing define the current window.

Best for

  • Buyers with a longer hold horizon who can wait out a slow, softening market
  • Value hunters who want leverage to negotiate on price and terms
  • Buyers comfortable underwriting a condo on unit condition and association finances rather than shared amenities

Probably not for

  • Buyers who need to resell within a short window
  • Buyers wanting a resort community with built-in shared amenities
  • Sellers expecting a fast sale at last year's pricing

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 ($300K) IS the median in the snapshot above, and the move from 2025 ($328K) IS the -8.5% one-year change.

Windows contain 11 to 111 sales each (41 in the current window); every figure carries its sample size. 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.

Median sale price · trailing 12 mo
$100K$200K$300K$400K20122014201620182020202220242026
Down 8.5% year over year; up 122% since 2012.
Median days on market · closed sales
010020020122014201620182020202220242026
15 days at the 2021 low; 219 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
80.6% now vs Okaloosa 96.6%.
Homes sold per 12-mo window
05010020122014201620182020202220242026
11 to 111 a year; 41 in the current window.
Indexed since 2012 · THE PALMS OF DESTIN vs Okaloosa
100200300Okaloosa +103%THE PALMS OF DESTIN +122%20122014201620182020202220242026
Same emeraldcoast record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
90 at the 2021 peak, 10 in the troughs, 10 now. Same score as the hero card, full history.

THE PALMS OF DESTIN Market Scorecard

Balanced

THE PALMS OF DESTIN is currently a balanced market., a median asking price of $347,325, and homes go under contract in about 142 days.

$347,325
Median list
$300,000
Median sold
142
Days on mkt
40/5/0
Active/Pend/Sold

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.

Homes For Sale Right Now in THE PALMS OF DESTIN

Live MLS inventory for THE PALMS OF DESTIN. 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 and pending THE PALMS OF DESTIN 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.

Listing locations from emeraldcoast. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Okaloosa County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Destin · Elementary
  • Destin · Middle
  • Destin · High

Zoned schools reflect the assignments reported on recent THE PALMS OF DESTIN 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 THE PALMS OF DESTIN address.

If we were buying in THE PALMS OF DESTIN today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 THE PALMS OF DESTIN.

Best Buy
Patient buyers who want negotiating room in a Destin condo at a $300,000 median.
Biggest Risk
Prices are down 8.5% year over year and units sell slowly.
Sweet Spot
A well-conditioned unit bought at a disciplined price with sound association fundamentals.
Avoid If
You need a quick resale or short holding period.

A slow market, priced unit by unit

Two numbers frame the near term. Prices are off 8.5% from a year ago, and the typical listing takes 219 days to sell. That combination — falling comps plus long exposure — is the signature of a market where supply and buyer patience both work against the seller. With 40 active listings and 41 closings across the window, there is no scarcity to force urgency.

Step back and the longer arc is different: values are up 122% since 2012. That context matters for a seller weighing whether to accept today's softer number or wait, and for a buyer who wants to understand what they're stepping into. Because no shared amenities surface in current MLS data, due diligence belongs at the individual unit and the association: condition, reserves, insurance posture, and monthly carrying costs will do more to shape your outcome than any headline stat.

The location and the amenities are priced into every listing in THE PALMS OF DESTIN. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
3.9D · Buy Score
Long-Term Appreciation7.9/10
Recent Direction3.9/10
Pricing Power0.0/10

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 3 factors (3.9). Basis: Long-Term Appreciation +122% since 2012; Recent Direction -8.5% year-over-year; Pricing Power 80.6% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this slow, mispricing is expensive — for sellers it means months of extra carry, for buyers it means overpaying against a falling trend. We read each unit on its own merits, dig into the association details that MLS won't tell you, and build offers and list prices around the 219-day reality rather than wishful comps. Our job here is to tell you what a specific unit is actually worth today, not what you hoped it was.

THE PALMS OF DESTIN in 15 seconds.

Best forPatient buyers who want negotiating room in a Destin condo at a $300,000 median.
Biggest advantageA soft, buyer-leaning market with time to be selective.
Biggest riskPrices are down 8.5% year over year and units sell slowly.
Sweet spotA well-conditioned unit bought at a disciplined price with sound association fundamentals.
Avoid ifYou need a quick resale or short holding period.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed THE PALMS OF DESTIN sales matched to your home.

What is your THE PALMS OF DESTIN home worth?

Get a no-obligation home value based on real comparable sales in THE PALMS OF DESTIN, 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 THE PALMS OF DESTIN on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in THE PALMS OF DESTIN?
The median sale price in THE PALMS OF DESTIN was $300K over the 12 months ending July 25, 2026 (41 closed sales, emeraldcoast).
How long do homes in THE PALMS OF DESTIN take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 219 days on market (41 sales, emeraldcoast).
Do cash buyers compete in THE PALMS OF DESTIN?
Cash buyers took 0% of THE PALMS OF DESTIN sales in the 12 months ending July 2026 (0 of 41 closings, emeraldcoast).
Have THE PALMS OF DESTIN home prices gone up?
The trailing-12-month median is up 122% since 2012, from $135K to $300K (emeraldcoast closed records).
Who is the best real estate agent for THE PALMS OF DESTIN?
The best agent for THE PALMS OF DESTIN is one who actively works Destin and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for THE PALMS OF DESTIN.
How do I find a top Destin real estate agent who knows THE PALMS OF DESTIN?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows THE PALMS OF DESTIN and the wider Destin area.
Can Momentum Realty connect me with an agent for THE PALMS OF DESTIN?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your THE PALMS OF DESTIN purchase or sale - no call center and no pressure.
Buyers with a longer hold horizon who can wait out a slow, softening marketExcellent fit
Value hunters who want leverage to negotiate on price and termsExcellent fit
Buyers comfortable underwriting a condo on unit condition and association finances rather than shared amenitiesExcellent fit
Buyers who need to resell within a short windowProbably not
Buyers wanting a resort community with built-in shared amenitiesProbably not
Sellers expecting a fast sale at last year's pricingProbably not

Nearby Communities

Explore more neighborhoods near THE PALMS OF DESTIN with Momentum Realty’s local guides.

DMDeer Moss Creek NicevilleDestin, FL · 9.8 miPPPritchard PointDestin, FL · 20.8 miPRPatriot Ridge CrestviewDestin, FL · 23.7 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Historical depthClosed-sale records back to 2005 (504 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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