Is Walton County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Walton County was a Seller's Market.
Housing Prices in Walton County, FL
How much do homes in Walton County, FL cost?
Median Sold Price
$610,543
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Walton County was $610,543 in April 2024, down 0.1% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429.5K | $420K | -2.2% |
2 Bedrooms | $550K | $535K | -2.7% |
3 Bedrooms | $575.2K | $521.6K | -9.3% |
4 Bedrooms | $667.2K | $747.5K | +12.0% |
5+ Bedrooms | $1.5M | $1.8M | +22.3% |
Summary: Walton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 22.3%.
Median Sold Price Compared To Nearby Counties
Washington County | $222.5K | $245.9K | +10.6% |
Holmes County | $185.5K | $202K | +8.9% |
Walton County | $611.2K | $610.5K | -0.1% |
Bay County | $401.6K | $399.7K | -0.5% |
Housing Supply in Walton County, FL
How many homes are available in Walton County, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,792 | 1,927 | +7.5% |
Summary: The Walton County real estate market had 1,927 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 105 | 114 | +8.6% |
2 Bedrooms | 271 | 301 | +11.1% |
3 Bedrooms | 625 | 659 | +5.4% |
4 Bedrooms | 518 | 525 | +1.4% |
5+ Bedrooms | 273 | 328 | +20.1% |
Summary: The Walton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 20.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
192 | 212 | +10.4% |
Asking Price vs. Sold Price
173 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 212 homes were sold or pending in Walton County in April 2024, up by 10.4% month-over-month. Of the 212 sold homes, 82% were sold under asking, 15% were sold at asking, and 4% were sold over asking.
Days on Market for Walton County, FL
How long does it take to sell a home in Walton County, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 84 Days | +8.5% |
Summary: Homes in Walton County had an average of 84 days on market in Apr 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
59 Homes Were Sold
In 30 - 90 Days
73 Homes Were Sold
Over 90 Days
Summary: During April 2024, 212 homes were sold in Walton County; 38% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.