Is Walton County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$617,339
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Walton County was $617,339 in May 2024, up 2.8% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429.5K | $420K | -2.2% |
2 Bedrooms | $545K | $551K | +1.1% |
3 Bedrooms | $563.3K | $522.3K | -7.3% |
4 Bedrooms | $653.8K | $739.9K | +13.2% |
5+ Bedrooms | $1.4M | $2.0M | +42.2% |
Summary: Walton County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 42.2%.
Median Sold Price Compared To Nearby Counties
Holmes County | $187K | $207.5K | +11.0% |
Washington County | $222.5K | $245.9K | +10.6% |
Walton County | $600.7K | $617.3K | +2.8% |
Bay County | $399.5K | $399.7K | 0.0% |
Housing Supply in Walton County, FL
How many homes are available in Walton County, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,907 | 2,001 | +4.9% |
Summary: The Walton County real estate market had 2,001 homes for sale in May 2024, a 4.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 106 | 117 | +10.4% |
2 Bedrooms | 299 | 312 | +4.3% |
3 Bedrooms | 655 | 684 | +4.4% |
4 Bedrooms | 530 | 542 | +2.3% |
5+ Bedrooms | 317 | 346 | +9.1% |
Summary: The Walton County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
222 | 201 | -9.5% |
Asking Price vs. Sold Price
145 Homes Were Sold
Under Asking
45 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 201 homes were sold or pending in Walton County in May 2024, down by 9.5% month-over-month. Of the 201 sold homes, 72% were sold under asking, 22% were sold at asking, and 5% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
82 Days | 100 Days | +22.0% |
Summary: Homes in Walton County had an average of 100 days on market in May 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
62 Homes Were Sold
In 30 - 90 Days
77 Homes Were Sold
Over 90 Days
Summary: During May 2024, 201 homes were sold in Walton County; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.