Fort Walton Beach, FL Foreclosures
How much do homes sell for in Fort Walton Beach, FL?
The average home price is currently $402,222.
In Fort Walton Beach, FL, how many homes are available?
There are currently 91 active home listings available in Fort Walton Beach.
What’s the average rental cost in Fort Walton Beach, FL?
The average rental price in Fort Walton Beach is $1,339.
What is the most expensive home in Fort Walton Beach?
The most expensive home sold in Fort Walton Beach had a price of $83,971,700.
What is currently the cheapest priced home in Fort Walton Beach, FL?
The cheapest home for sale in Fort Walton Beach is priced at $12,346.
Living in Fort Walton Beach, FL
Fort Walton Beach, Florida, is a picturesque coastal city with stunning beaches and a warm, welcoming community. Offering a variety of recreational activities, educational opportunities, and convenient amenities, it provides an ideal environment for families and individuals alike. With a perfect blend of adventure and relaxation, Fort Walton Beach is a desirable location for anyone looking to enjoy the beautiful Florida coastline.
Current Market Conditions in Fort Walton Beach, FL
The real estate market in Fort Walton Beach is currently experiencing a notable uptick in demand, particularly for single-family homes and beachfront properties. Buyers are drawn to the area's natural beauty and recreational activities, leading to competitive bidding and increased property values. Despite rising prices, the strong local economy and job growth continue to attract new residents, contributing to a dynamic market landscape.
As of now, the market favors sellers, with many properties selling quickly due to the limited inventory available. However, interest rates have stabilized slightly, encouraging some hesitant buyers to return to the market. Investors are also showing significant interest, eyeing opportunities in vacation rentals and second homes.
Home Value Estimator For Fort Walton Beach, FL
There are currently 19,225 real estate properties
in Fort Walton Beach, FL,
with a median automated valuation model (AVM) price
of $321,858.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fort Walton Beach, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fort Walton Beach, FL,
is $402,222.00, with the most expensive house
in Fort Walton Beach, FL, topping out
at $83,971,700.00 and the cheapest home
in Fort Walton Beach, FL,
clocking in at $12,346.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fort Walton Beach, FL!
Rent Prices
In Fort Walton Beach, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fort Walton Beach, FL, is on
a rollercoaster ride. The
average rent price in Fort Walton Beach, FL,
is $1,339.00. Indeed, when looking to rent in
Fort Walton Beach, FL, you can expect to pay as little
as $610.00 or as much
as $3,900.00,
with the average rent median estimated to
be $1,310.00. The good news is that finding
an affordable and desirable property to rent in Fort Walton Beach, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.