Is Fort Walton Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
Key Takeaway
Homes in Fort Walton Beach have sold for 9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $125K | $162.4K | +30.0% |
| 2 Bedrooms | $159.7K | $199K | +24.6% |
| 3 Bedrooms | $265K | $285K | +7.5% |
| 4 Bedrooms | $337.2K | $400K | +18.6% |
| 5+ Bedrooms | $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 2022 | Jul 2022 | % |
|---|---|---|
| 92 | 106 | +15.2% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6%  |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 38 | 47 | +23.7% |
| 4 Bedrooms | 27 | 32 | +18.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 26 | 25 | -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
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 2021 | Jul 2022 | % |
|---|---|---|
| 20 Days | 20 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
Key Takeaway
Many homes in Fort Walton Beach are selling fast, if you're buying plan to act quickly.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2022 Central Panhandle Association of REALTORS.© All Rights Reserved.