Fort Walton Beach, FL Home Values & Market Trends

Real estate market trends reflect that there have been 1,207 transactions over the past year in Fort Walton Beach. The median value for residential home transactions that occurred over the previous year is $351,242. The number of current listings in Fort Walton Beach is 1,278, and the percentage of properties for sale in the city is 1278.00%. Fort Walton Beach, FL currently has 169 properties in foreclosure, 7 bank owned properties, 6 properties headed for auction, and 1,278 properties for sale.

Fort Walton Beach, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
32547

$ 344,421

$ 214/sqft

32548

$ 364,398

$ 245/sqft

Housing Market Summary for Fort Walton Beach, FL

Sep 2025September 2026Change
Median Listing Price$359.9K$350K-2.75%
Median Sold Price$312.1K$300.5K-3.72%
Homes For Sale9981,37737.98%
Homes Sold4314668.12%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Fort Walton Beach, FL

Fort Walton Beach home values range from $71,230 to $5,798,622. The median estimated value of a home in Fort Walton Beach is $351,242. The median list price of a home is 350,000, and the total count of properties in the city is 2,076.

Foreclosure
There are 2 zips within Fort Walton Beach, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,765,505 in 32548 to the lowest value of $72,331 in 32548. Foreclosure homes account for 8.00% of properties in Fort Walton Beach, FL with 32548 containing 86 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 7.51% of all residential properties in Fort Walton Beach, FL with 32548 containing 79 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Fort Walton Beach, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,841,151 in 32547 to the lowest home value of $72,331 in 32548.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fort Walton Beach, FL ranges from the highest value of $281,666 in 32547 to the lowest value of $185,755 in 32548. Bank owned homes and properties account for 0.34% of properties in Fort Walton Beach, FL. There are 2 zips within Fort Walton Beach, FL; 32548 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    32547 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Fort Walton Beach, FL. Auction homes and other auction properties account for 0.29% of all properties in Fort Walton Beach, FL. There are 2 zips within Fort Walton Beach, FL; of those zips, the median estimated home value for homes going to auction ranges from $539,694 in 32547 to the lowest value of $165,092 in 32547.
Homes for Sale
Homes and properties that are actively listed for sale account for 61.56% of residential properties in Fort Walton Beach, FL with 32547 containing 743 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Fort Walton Beach, FL; homes for sale in those zips, have a range of median values from $5,798,622 in 32548 to the lowest value of $71,230 in 32547.
    Sold Homes
    The median value for recently sold homes ranges from $1,859,599 in 32548 to the lowest price of $76,947 in 32548. There are 2 zips within Fort Walton Beach, FL. 32548 has 249 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 22.16% of properties in Fort Walton Beach, FL.

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      Guide for Fort Walton Beach, FL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.