Okaloosa County, FL Home Values & Market Trends

The median home price in Okaloosa County, FL is $377,497.32. There were 4,819 home sales in Okaloosa County, FL over the past 12 months. The median residential Okaloosa County, FL home value for transactions over the previous year is $338,351.033. The number of current listings in Okaloosa County, FL is 782, and the percentage of properties for sale is 782.00%. The county has 440 foreclosures, 7 bank owned properties, 7 headed for auction, and 782 properties for sale.

Okaloosa County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Destin

$ 644,127

$ 469/sqft

Valparaiso

$ 314,997

$ 200/sqft

Fort Walton Beach

$ 367,322

$ 248/sqft

Laurel Hill

$ 403,055

$ 175/sqft

Crestview

$ 316,967

$ 173/sqft

Holt

$ 424,000

$ 212/sqft

Niceville

$ 448,318

$ 252/sqft

Milligan

$ --

$ --

Mary Esther

$ 364,601

$ 228/sqft

Eglin Afb

$ --

$ --

Shalimar

$ 413,286

$ 255/sqft

Hurlburt Field

$ --

$ --

Baker

$ 393,936

$ 181/sqft

Housing Market Summary for Okaloosa County, FL

Apr 2023March 2024Change
Median Listing Price$354.5K$366K3.25%
Median Sold Price$348.1K$366K5.15%
Homes For Sale50572242.97%
Homes Sold2,7322,517-7.87%
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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 Okaloosa County, FL

Okaloosa County, FL home values range from $20,000 to $27,720,996. Destin is the priciest city with a median listing home price of $625,000, and Holt is most affordable with average house prices of around $199,950.

Foreclosure
There are 13 cities within Okaloosa County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $1,741,145 in Laurel Hill to the lowest value of $72,683 in Laurel Hill. Foreclosure homes account for 0.00% of properties in Okaloosa County, FL with Crestview containing 149 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.49% of all residential properties in Okaloosa County, FL with Crestview containing 142 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 13 cities within Okaloosa County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $588,673 in Destin to the lowest home value of $72,683 in Laurel Hill.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Okaloosa County, FL ranges from the highest value of $350,175 in Crestview to the lowest value of $182,758 in Holt. Bank owned homes and properties account for 0.01% of properties in Okaloosa County, FL. There are 13 cities within Okaloosa County, FL; Crestview containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Crestview has 4 auction properties, the highest number of properties going to auction in a single city in the state of Okaloosa County, FL. Auction homes and other auction properties account for 0.01% of all properties in Okaloosa County, FL. There are 13 cities within Okaloosa County, FL; of those cities, the median estimated home value for homes going to auction ranges from $286,634 in Destin to the lowest value of $205,365 in Destin.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.89% of residential properties in Okaloosa County, FL with Destin containing 218 homes for sale, the highest number of listed properties in a single city. There are 13 cities within Okaloosa County, FL; homes for sale in those cities, have a range of median values from $424,441 in Holt to the lowest value of $60,000 in Crestview.
    Sold Homes
    The median value for recently sold homes ranges from $10,800,000 in Destin to the lowest price of $20,000 in Destin. There are 13 cities within Okaloosa County, FL. Fort Walton Beach has 648 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.89% of properties in Okaloosa County, FL.

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      Guide for Okaloosa County, FL

      Market Reports
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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.