The Preserve at Grayton Beach in Santa Rosa Beach

The Preserve at Grayton Beach
Homes for Sale in Santa Rosa Beach, FL

Community in Santa Rosa Beach · Walton County · ZIP 32459
Median sale $1.53M
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Live Market Pulse
13/100
Market Heat
Cooler than normal
2016 → 2026 · 86 at the 2021 peak
0 is The Preserve at Grayton Beach's coldest market since 2016, 100 its hottest. Today: 13. How it's scored

Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data21 years of closingsUpdated twice daily

As of September 2026, the Preserve at Grayton Beach in Santa Rosa Beach, FL has 5 homes for sale, asking from $1,475,000 to $2,739,000 (median $1,897,000). Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $1,525,000, a median 149 days on market, sellers accepting 90% of original asking (-9% versus the prior year). Homes listed or recently sold were built 2005–2026 with 2 new construction; none of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 25 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $14,880 ($14,490 with the full homestead exemption).

Live · The Preserve at Grayton Beach Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.53M
Median sold · 12 mo
down 8.8% vs the prior 12 months
-8.8%
1-yr price change
n = 5 and 4 sales in the two windows
90.4%
Sale vs ask
Walton median: 94.7%
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
149days
Median DOM · closed
3 days at the 2021 low
0%
Under contract
Walton: 20% (907 of 4,494)
5 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 6 a year

Homes For Sale Right Now in The Preserve at Grayton Beach

Live MLS inventory for The Preserve at Grayton Beach. 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 Preserve at Grayton Beach listings as of 2026-09-12, 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.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by proximity to Grayton Beach and by home condition, not by any community amenity package — the current listings show none identified. With a median just under $1.48M and homes averaging close to 2,950 square feet built between 2005 and 2024, this is a newer-construction, coastal-South-Walton price point where the spread between listings comes down to build quality, finish, and how close you sit to the beach corridor.

The posture right now favors a patient buyer. The median is down 20.8% year over year, only 6 listings are active, and homes are taking around 34 days to go under contract with a market heat score of 34. That combination — falling prices, thin inventory, moderate pace — tells sellers to price to the current market rather than last year's, and tells buyers there is room to negotiate but not much selection to choose from.

The Preserve at Grayton Beach Housing Pulse · Momentum Research · as of September 12, 2026

The Preserve at Grayton Beach right now

🟢 Buyer-leaning market. 12.0 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 September 12, 2026. Confidence: Medium (5 active and pending listings, 5 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($1.53M) is down 8.8% from the prior 12 months ($1.67M). With about 6 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 Emerald Coast MLS closed sales, 12-month windows ending September 12. Confidence: Low (5 and 4 sales in the two windows).

What's unique here: the median sale price is about 2x the typical Walton County sale ($1.53M vs $680K, trailing 12 months, Emerald Coast MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 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

The Preserve at Grayton Beach market snapshot (as of September 12, 2026): the median sale price is about $1.53M, a median 149 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (5 closings in the current window).

A small, newer-built enclave of roughly 110 homes near Grayton Beach, where the value is in the location and the construction rather than shared amenities — the MLS shows none. With a homestead share around 23%, this reads as a market with heavy second-home and investment ownership.

Best for

  • Second-home or investment buyers targeting the mid-seven-figure range near Grayton Beach
  • Buyers who value newer construction and beach proximity over community amenities
  • Patient buyers who can wait for the right listing in a low-inventory market

Probably not for

  • Buyers who need a large selection of homes to compare at any given time
  • Buyers who want resort-style shared amenities as part of the community
  • Anyone needing quick certainty on value in a thin, swinging market

Windows contain 0 to 18 sales each (5 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.

Median sale price · trailing 12 mo
$500K$1M$1.5M20122014201620182020202220242026
Down 8.8% year over year.
Median days on market · closed sales
05010015020122014201620182020202220242026
3 days at the 2021 low; 149 now.
Sale price vs original ask · median
90%100%20122014201620182020202220242026
90.4% now vs Walton 94.7%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 18 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202020222026
86 at the 2021 peak, 13 in the troughs, 13 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,729/mo
Walton County typical true cost to own
$162/mo
Walton County typical home insurance
Check CDD
Confirm before you offer

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.

How much local inventory is already under contract

18% of homes for sale in ZIP 32459 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 (2026-09-12).

THE PRESERVE AT GRAYTON BEACH Market Scorecard

Strong buyer's market

THE PRESERVE AT GRAYTON BEACH is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $1,897,000, and homes go under contract in about 59 days.

12.0
Months supply
$1,897,000
Median list
$1,525,000
Median sold
n/a
Per sqft
59
Days on mkt
5/0/5
Active/Pend/Sold

Typical home value in the 32459 ZIP is $864,108, about 71.4% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in THE PRESERVE AT GRAYTON BEACH, Santa Rosa Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 16 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-11)

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.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Walton County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Van R Butler · Elementary
  • Emerald Coast · Middle
  • South Walton · High

Zoned schools reflect the assignments reported on recent The Preserve at Grayton Beach listings and can change; always confirm with Walton County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any The Preserve at Grayton Beach address.

If we were buying in The Preserve at Grayton Beach 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

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.

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 Preserve at Grayton Beach.

Best Buy
Buyers wanting a newer coastal home near Grayton Beach without a resort-amenity premium.
Biggest Risk
Only 6 active listings and 5 recent closings make the median volatile and selection tight.
Sweet Spot
A well-finished home near the beach corridor priced to today's market, not last year's.
Avoid If
You need shared amenities or a deep pool of listings to compare.

A coastal price point set by location and build

The housing stock is relatively young — nothing predates 2005 and the newest homes reach 2024, with a median build year around 2012–2013. At a median living area near 2,948 square feet, these are substantial homes, and the wide range of ages means condition and updates vary meaningfully from one listing to the next. Since no community amenities show up in current listings, buyers should weight the individual home and its walk to the beach over any shared offering.

Liquidity is the thing to understand here. With just 6 active listings and a 5-closing trailing window, this is a low-volume market where one or two transactions move the median. The 20.8% year-over-year drop should be read in that context — in a thin market, mix matters as much as trend — but it also underscores why disciplined, comparable-driven pricing beats guesswork on both sides.

The location and the amenities are priced into every listing in The Preserve at Grayton Beach. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
2.5D · Buy Score
Recent Direction3.8/10
Liquidity & Demand0.0/10
Pricing Power3.6/10

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 (2.5). Basis: Recent Direction -8.8% year-over-year; Liquidity & Demand 12.0 months of supply; Pricing Power 90.4% sale-to-list. Refreshed with each data update.

Why work with Momentum here

Thin inventory and a swinging median make this a market where local comp reading matters more than a headline number. We track each closing in this pocket individually, so we can tell a seller where to price against real activity and tell a buyer which listing's asking price actually reflects the current market and which is anchored to last year.

The Preserve at Grayton Beach in 15 seconds.

Best forBuyers wanting a newer coastal home near Grayton Beach without a resort-amenity premium.
Biggest advantagePrices are down 20.8% year over year, giving a patient buyer negotiating room.
Biggest riskOnly 6 active listings and 5 recent closings make the median volatile and selection tight.
Sweet spotA well-finished home near the beach corridor priced to today's market, not last year's.
Avoid ifYou need shared amenities or a deep pool of listings to compare.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Preserve at Grayton Beach sales matched to your home.

What is your The Preserve at Grayton Beach home worth?

Get a no-obligation home value based on real comparable sales in The Preserve at Grayton Beach, 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 Preserve at Grayton Beach on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in The Preserve at Grayton Beach?
The median sale price in The Preserve at Grayton Beach was $1.53M over the 12 months ending September 12, 2026 (5 closed sales, Emerald Coast MLS).
How long do homes in The Preserve at Grayton Beach take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 149 days on market (5 sales, Emerald Coast MLS).
Is The Preserve at Grayton Beach a buyer's or seller's market right now?
As of September 12, 2026, The Preserve at Grayton Beach leans toward buyers: 12.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
Who is the best real estate agent for The Preserve at Grayton Beach?
The best agent for The Preserve at Grayton Beach is one who actively works Santa Rosa Beach 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 Preserve at Grayton Beach.
How do I find a top Santa Rosa Beach real estate agent who knows The Preserve at Grayton Beach?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows The Preserve at Grayton Beach and the wider Santa Rosa Beach area.
Can Momentum Realty connect me with an agent for The Preserve at Grayton Beach?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your The Preserve at Grayton Beach purchase or sale - no call center and no pressure.
Second-home or investment buyers targeting the mid-seven-figure range near Grayton BeachExcellent fit
Buyers who value newer construction and beach proximity over community amenitiesExcellent fit
Patient buyers who can wait for the right listing in a low-inventory marketExcellent fit
Buyers who need a large selection of homes to compare at any given timeProbably not
Buyers who want resort-style shared amenities as part of the communityProbably not
Anyone needing quick certainty on value in a thin, swinging marketProbably not

Nearby Communities

Explore more neighborhoods near The Preserve at Grayton Beach with Momentum Realty’s local guides.

SASanctuary At Redfish0.2 mi awayPPPreserve Place0.3 mi awayBBBannerman Beach Estates0.3 mi awayRLRedfish Lane0.4 mi awayLALakeside At Blue Mountain Beach0.5 mi awayRVRedfish Village0.6 mi awayPVPalmeira Villas0.7 mi awayMTMirasol T H0.7 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 12, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesEmerald Coast MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2005 (90 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.

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 Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in THE PRESERVE AT GRAYTON BEACH? 5 recorded closings; median 149 days on market (window ending 2026-09-12). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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