$4,382 Closing Credit*
$369,000
881 SqFt
1 Bed
•1 Full Bath
Jennifer L Crawford, Listing Office: Keller Williams Realty SRB
Is Walton County, 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, 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
$602,921
$368/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,020(+3.1%)
Key Takeaway
Homes in Walton County have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Walton County was $602,921 in October 2024, up 3.1% from last year, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $420K | 0.0% |
| 2 Bedrooms | $538.3K | $559.9K | +4.0% |
| 3 Bedrooms | $505.4K | $512.9K | +1.5% |
| 4 Bedrooms | $667.9K | $719K | +7.7% |
| 5+ Bedrooms | $1.5M | $2.1M | +38.4% |
Summary: Walton County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 38.4%.
Median Sold Price Compared To Nearby Counties
| Holmes County | $190K | $220K | +15.8% |
| Washington County | $231K | $239.9K | +3.9% |
| Walton County | $584.9K | $602.9K | +3.1% |
| Bay County | $399.9K | $400K | 0.0% |
Housing Supply in Walton County, FL
How many homes are available in Walton County, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,789 | 1,873 | +4.7% |
Summary: The Walton County real estate market had 1,873 homes for sale in October 2024, a 4.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 100 | 113 | +13.0% |
| 2 Bedrooms | 280 | 295 | +5.4% |
| 3 Bedrooms | 609 | 612 | 0.5% |
| 4 Bedrooms | 482 | 514 | +6.6% |
| 5+ Bedrooms | 318 | 339 | +6.6% |
Summary: The Walton County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 6.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 118 | -14.5% |
Asking Price vs. Sold Price
86 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
4 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. 72.9% of homes here sold below asking price last month.
Summary: A total of 118 homes were sold or pending in Walton County in October 2024, down by 14.5% month-over-month. Of the 118 sold homes, 73% were sold under asking, 24% were sold at asking, and 3% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 82 Days | 109 Days | +32.3% |
Summary: Homes in Walton County had an average of 109 days on market in Oct 2024, up by 32.3% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
44 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Walton County has remained consistent over time.
Summary: During October 2024, 118 homes were sold in Walton County; 27% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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© 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.
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