$10,000 Closing Credit*
$1,299,000
2,264 SqFt
4 Beds
•4 Full Baths, 1 Partial
Tanika OBrien, Jason Rust, Listing Office: Compass
Is Walton Beaches, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Walton Beaches has remained a Buyer's Market.
Key Takeaway
Walton Beaches is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Walton Beaches, FL
How much do homes in Walton Beaches, FL cost?
Median Sold Price
$1,043,657
$535/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$95,644(+10.1%)
Key Takeaway
Homes in Walton Beaches have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Walton Beaches was $1,043,657 in November 2024, up 10.1% from last year, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $449.7K | $425K | -5.5% |
| 2 Bedrooms | $613.3K | $630K | +2.7% |
| 3 Bedrooms | $808K | $834.5K | +3.3% |
| 4 Bedrooms | $1.3M | $1.3M | -1.8% |
| 5+ Bedrooms | $2.3M | $2.6M | +11.2% |
Summary: Walton Beaches housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 11.2%.
Median Sold Price Compared To Nearby Cities
| Walton Beaches | $948K | $1.0M | +10.1% |
| Santa Rosa Beach | $899.5K | $954.4K | +6.1% |
| Miramar Beach | $731K | $757K | +3.5% |
| Panama City Beaches | $473.6K | $454.2K | -4.1% |
Housing Supply in Walton Beaches, FL
How many homes are available in Walton Beaches, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,846 | 1,982 | +7.4% |
Summary: The Walton Beaches real estate market had 1,982 homes for sale in November 2024, a 7.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 99 | 108 | +9.1% |
| 2 Bedrooms | 299 | 323 | +8.0% |
| 3 Bedrooms | 518 | 558 | +7.7% |
| 4 Bedrooms | 510 | 550 | +7.8% |
| 5+ Bedrooms | 420 | 443 | +5.5% |
Summary: The Walton Beaches housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 5.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 128 | 135 | +5.5% |
Asking Price vs. Sold Price
117 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walton Beaches, you may be able to get a good deal. 86.7% of homes here sold below asking price last month.
Summary: A total of 135 homes were sold or pending in Walton Beaches in November 2024, up by 5.5% month-over-month. Of the 135 sold homes, 87% were sold under asking, 12% were sold at asking, and 1% were sold over asking.
Days on Market for Walton Beaches, FL
How long does it take to sell a home in Walton Beaches, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 107 Days | +40.5% |
Summary: Homes in Walton Beaches had an average of 107 days on market in Nov 2024, up by 40.5% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
33 Homes Were Sold
In 30 - 90 Days
66 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Walton Beaches are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 135 homes were sold in Walton Beaches; 27% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 49% of homes were sold over 90 days.
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