Is Fort Walton Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Walton Beach is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Fort Walton Beach has remained a Seller's Market.

Key Takeaway

Fort Walton Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fort Walton Beach, FL cost?

Median Sold Price

$286,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$23,625(+9.0%)

Key Takeaway

Homes in Fort Walton Beach have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $125K$162.4K
+30.0%
2 $159.7K$199K
+24.6%
3 $265K$285K
+7.5%
4 $337.2K$400K
+18.6%
5+ $378.2K$445K
+17.6%

Median Sold Price Compared To Nearby Cities

Cinco Bayou
+33.0%
Mary Esther
+16.7%
Fort Walton Beach
+9.0%
Eglin AFB
-19.5%

How many homes are available in Fort Walton Beach, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
92106+15.2%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 75
-28.6%
2 1720
+17.6%
3 3847
+23.7%
4 2732
+18.5%
5+ 32
-33.3%

Number of Homes Sold

Jun 2022Jul 2022%
2625-3.8%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Walton Beach, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
20 Days20 Days-0.1%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Walton Beach are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fort Walton Beach, FL

Homes for sale in Fort Walton Beach, FL have reached 106. The number of listings in Fort Walton Beach, FL increased by 15.2% between June 2022 and July 2022. In July 2022, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $286,000. Real estate listing prices changed between June 2022 and July 2022: 1 bedroom properties prices increased by 30%, 2 bedrooms properties prices increased by 24.6%, the cost of 3 bedrooms properties went up by 7.5%, 4 bedrooms properties prices increased by 18.6%, the cost of 5 bedrooms properties went up by 17.6%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 28.6%, 2 bedrooms homes inventory increased by 17.6%, 3 bedrooms homes inventory increased by 23.7%, volume of 4 bedrooms homes went up by 18.5%, 5 bedrooms homes inventory decreased by 33.3%. Fort Walton Beach, FL housing market in July 2022 saw over 8 listings sold above listed price, more than 7 sold at listed price and over 10 sold below.