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.
Key Takeaway
Walton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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
Key Takeaway
The sold price of homes in Walton County has remained the same since last year.
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
Key Takeaway
If you're buying a home in Walton County, you may be able to get a good deal. 81.6% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Walton County are selling fast, if you're buying plan to act quickly.
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.
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