Real Estate Market Update for 32548 (Fort Walton Beach, FL)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 40% from one year earlier, and down 9% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 340-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 6%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold increased 8% year-over-year, and increased 15% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 32548 (Fort Walton Beach, FL)
Area Information for 32548 (Fort Walton Beach, FL)
  • Population: 19,880
  • Median Age: 42.26 yr
  • Median Commute Time: 19 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,529/sq mi
  • Population Change Since 2000: -2.38%
  • Closest Airport: Eglin Afb
  • Closest College: Troy University-southeast Region
  • Closest Jr. College: Jefferson Davis Community College
  • Median Household Income: $48,404
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $130,100
  • Closest Major Sports Team: Pensacola Blue Wahoos
  • Change Avg. Household Income Since 2000: 27.85%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 32548 (Fort Walton Beach, FL)
Median Age: 42.26 Married: 37% Number of Households: 8,912 Households with Children: 1,959
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 32548 (Fort Walton Beach, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Max Bruner Junior Middle School 0.3 mi Public 6-8 3 0
      Okaloosa Virtual Franchise 0.3 mi Public 6-12 0 0
      Silver Sands-excep. Children 0.5 mi Public PRESCHOOL-12 0 0
      Annette P. Edwins Elementary School 0.8 mi Public K-5 2 0
      Fort Walton Beach High School 0.9 mi Public 9-12 4 3
      St Mary Catholic School 1.0 mi Catholic PRESCHOOL-8 0 0
      Cinco Christian School 1.1 mi Private PRESCHOOL-8 0 0
      Emerald Coast Christian School 1.1 mi Private 1-8 0 0
      Montessori Learning Center 1.3 mi Private PRESCHOOL-K 0 0
      Beulah Christian Academy 1.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Liza Jackson Preparatory School 1.4 mi Public K-8 5 0
      Okaloosa Virtual Instruction Program 1.7 mi Public K-12 0 0
      Elliott Point Elementary School 1.8 mi Public K-5 3 0
      Ami Kids Emerald Coast 1.9 mi Public 6-12 0 0
      Northwest Florida Ballet Academie 1.9 mi Public 3-8 5 0
      Okaloosa Academy 2.3 mi Public 4-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 32548 (Fort Walton Beach, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.