$3,681 Closing Credit*
$310,000
1,494 SqFt
4 Beds
•2 Full Baths
Nikki Segraves Wood, Listing Office: ERA American Real Estate
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 October 2023
At the same time last year, Fort Walton Beach was a Seller's Market.
Key Takeaway
Fort Walton Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fort Walton Beach, FL
How much do homes in Fort Walton Beach, FL cost?
Median Sold Price
$345,375
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$29(0%)
Key Takeaway
The sold price of homes in Fort Walton Beach has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $285K | -36.7% |
| 2 Bedrooms | $275K | $280K | +1.8% |
| 3 Bedrooms | $325K | $334.9K | +3.1% |
| 4 Bedrooms | $418.5K | $419K | 0.1% |
| 5+ Bedrooms | $432.5K | $533K | +23.2% |
Summary: Fort Walton Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.7%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 23.2%.
Median Sold Price Compared To Nearby Cities
| Mary Esther | $331.3K | $345.5K | +4.3% |
| Fort Walton Beach | $345.4K | $345.3K | 0% |
Housing Supply in Fort Walton Beach, FL
How many homes are available in Fort Walton Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 476 | 498 | +4.6% |
Summary: The Fort Walton Beach real estate market had 498 homes for sale in October 2024, a 4.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 47 | 46 | -2.1% |
| 2 Bedrooms | 119 | 125 | +5.0% |
| 3 Bedrooms | 202 | 219 | +8.4% |
| 4 Bedrooms | 91 | 94 | +3.3% |
| 5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The Fort Walton Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 48 | -12.7% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
5 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. 72.9% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Fort Walton Beach in October 2024, down by 12.7% month-over-month. Of the 48 sold homes, 73% were sold under asking, 10% were sold at asking, and 17% were sold over asking.
Days on Market for Fort Walton Beach, FL
How long does it take to sell a home in Fort Walton Beach, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 58 Days | +3.5% |
Summary: Homes in Fort Walton Beach had an average of 58 days on market in Oct 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
11 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.
Summary: During October 2024, 48 homes were sold in Fort Walton Beach; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
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Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.