Real Estate Market Update for Fort Walton Beach, FL
Welcome to May'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 20% from one year earlier, and did not change 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 230-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 160-thousand dollars. The number of units sold decreased 3% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. 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 Fort Walton Beach, FL
Area Information for Fort Walton Beach, FL
  • Population: 19,379
  • Median Age: 41.37 yr
  • Median Commute Time: 15.67 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 2,590/sq mi
  • Population Change Since 2000: -3.74%
  • Closest Airport: Eglin Afb
  • Closest College: Troy University-southeast Region
  • Closest Jr. College: Jefferson Davis Community College
  • Median Household Income: $48,855
  • Annual Residential Turnover: 17.39%
  • Median Years in Residence: 3.54 yr
  • Median Home Sales Price: $118,000
  • Closest Major Sports Team: Pensacola Blue Wahoos
  • Change Avg. Household Income Since 2000: 26%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Fort Walton Beach, FL
Median Age: 41.37 Married: 29% Number of Households: 8,529 Households with Children: 2,019
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 Fort Walton Beach, FL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Max Bruner Junior Middle School 0.8 mi Public 6-8 3-5 4
      Florida Virtual School 0.8 mi Public 3-12 0 3
      Cinco Baptist School 0.8 mi Private PRESCHOOL-6 0 4
      Wright Elementary School 0.8 mi Public PRESCHOOL-5 2 3
      Silver Sands Excep Children 0.9 mi Public PRESCHOOL-12 0 0
      Calvary Christian Academy And Preschool 1.1 mi Private PRESCHOOL-12 0 0
      Oak Tree Child Development Center 1.1 mi Private PRESCHOOL-5 0 0
      Beulah Christian Academy 1.3 mi Private PRESCHOOL-K 0 0
      Annette P Edwins Elementary School 1.4 mi Public K-5 2-5 4
      Fort Walton Beach High School 1.4 mi Public 9-12 4 4
      Saint Mary Catholic School Elementary School 1.4 mi Catholic PRESCHOOL-8 0 5
      Emerald Coast Christian School 1.5 mi Private 1-8 0 0
      W C Pryor Middle School 1.5 mi Public 6-8 3-5 3
      Choctawhatchee Senior High School 1.5 mi Public 9-12 3-5 4
      Montessori Learning Center 1.7 mi Private PRESCHOOL-K 0 0
      Elliott Point Elementary School 1.7 mi Public K-5 3 5
      Liza Jackson Preparatory School 1.7 mi Public K-8 4-5 4
      Okaloosa County Virtual 1.8 mi Public K-12 0 0
      Ami Kids Emerald Coast 1.9 mi Public 6-12 0 0
      Northwest Florida Ballet Academie 2.0 mi Public 3-8 4-5 4
      Gulf Coast Christian School 2.1 mi Private K-11 0 0
      Kenwood Elementary School 2.3 mi Public PRESCHOOL-5 3-5 5
      Okaloosa Academy 2.7 mi Public 6-12 0 3
      Choice High School And Tech Center 2.8 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: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Fort Walton Beach, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.