$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 County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Walton County was a Neutral 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
$616,698
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,206(+6.2%)
Key Takeaway
Homes in Walton County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Walton County was $616,698 in November 2024, up 6.2% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $420K | $415K | -1.2% |
| 2 Bedrooms | $536.1K | $563.3K | +5.1% |
| 3 Bedrooms | $499.6K | $529.2K | +5.9% |
| 4 Bedrooms | $663.1K | $722.1K | +8.9% |
| 5+ Bedrooms | $1.4M | $2.1M | +46.9% |
Summary: Walton County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.2%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 46.9%.
Median Sold Price Compared To Nearby Counties
| Holmes County | $187.9K | $219.9K | +17.0% |
| Walton County | $580.4K | $616.6K | +6.2% |
| Washington County | $233.5K | $237.9K | +1.9% |
| Bay County | $401.8K | $398.6K | -0.8% |
Housing Supply in Walton County, FL
How many homes are available in Walton County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,794 | 1,910 | +6.5% |
Summary: The Walton County real estate market had 1,910 homes for sale in November 2024, a 6.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 104 | 113 | +8.7% |
| 2 Bedrooms | 286 | 306 | +7.0% |
| 3 Bedrooms | 599 | 616 | +2.8% |
| 4 Bedrooms | 491 | 530 | +7.9% |
| 5+ Bedrooms | 314 | 345 | +9.9% |
Summary: The Walton County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 9.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 129 | 137 | +6.2% |
Asking Price vs. Sold Price
116 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
5 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. 84.7% of homes here sold below asking price last month.
Summary: A total of 137 homes were sold or pending in Walton County in November 2024, up by 6.2% month-over-month. Of the 137 sold homes, 85% were sold under asking, 12% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 102 Days | +51.6% |
Summary: Homes in Walton County had an average of 102 days on market in Nov 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
37 Homes Were Sold
In 30 - 90 Days
63 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Walton County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 137 homes were sold in Walton County; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 46% 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.