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Sylvania Heights

FORT WALTON BEACH, FL 32547

Real Estate Market Report  ·  Okaloosa County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32547

Sylvania Heights

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FORT WALTON BEACH, FL real estate market (32547) currently shows 187 active listings, with 54 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 56 days last year.

The median listing price has fallen 4.5% year-over-year, from $366,450 to $349,975.

Whether you are buying or selling in FORT WALTON BEACH, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 34,124  ·  Density: 454.5/mi²  ·  Median household income: $61,407

Typical home value: $271,024  ·  Homeownership: 56.6%

Market Overview

Active Listings
187
⇧ 25.5% vs 149 last year
Pending
54
29% pending ratio
Median Price
$349,975
⇩ 4.5% vs $366,450 last year
Average Price
$449,032
⇧ 4.2% vs $430,944 last year
Days on Market
58
⇧ 3.6% vs 56 days last year

Price Per Square Foot

Median $/sqft
$223
⇩ 4.3% vs $233/sqft last year
Median Home Size
1,616 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 187 this year vs 149 last year
  • Days on market: 58 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $349,975 (-4.5% YoY)
  • Average: $449,032 (+4.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.3 miles — 2,672 listings ($1,801,513,808 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32547Fort Walton Beach, FL 325470.0 mi168$69,997,200$343,375$416,650
32579Shalimar, FL 325795.0 mi67$42,548,819$484,500$635,057
32580Valparaiso, FL 325809.0 mi29$12,642,695$369,900$435,955
32578Niceville, FL 3257812.4 mi227$129,888,719$491,225$572,197
32550Miramar Beach, FL 3255019.4 mi701$691,292,552$649,500$986,152
32536Crestview, FL 3253620.2 mi251$84,480,074$328,750$336,574
32563Gulf Breeze, FL 3256323.2 mi255$150,361,515$460,500$589,653
32561Gulf Breeze, FL 3256128.2 mi157$215,010,715$863,750$1,369,495
32531Baker, FL 3253129.0 mi44$17,981,172$362,200$408,663
32439Freeport, FL 3243931.4 mi328$177,078,672$431,650$539,874
32503Pensacola, FL 3250333.3 mi190$82,757,730$326,750$435,567
32514Pensacola, FL 3251434.1 mi165$49,313,715$264,900$298,871
32502Pensacola, FL 3250234.3 mi90$78,160,230$623,250$868,447

Frequently Asked Questions

How many homes are for sale in FORT WALTON BEACH, FL 32547?

As of March 2026, there are 187 active listings in FORT WALTON BEACH, FL (zip code 32547), compared to 149 the prior year.

What is the median home price in FORT WALTON BEACH, FL 32547?

The median listing price in FORT WALTON BEACH, FL 32547 is $349,975 as of March 2026, a 4.5% decrease from $366,450 the prior year.

How long do homes stay on the market in FORT WALTON BEACH, FL?

Homes in FORT WALTON BEACH, FL 32547 spend an average of 58 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in FORT WALTON BEACH, FL 32547?

Based on current inventory and days-on-market data as of March 2026, FORT WALTON BEACH, FL 32547 is currently a Buyer's Market. Inventory has increased compared to last year, with 38 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 56 days last year.

How much can I save on real estate commission in FORT WALTON BEACH, FL?

With SELL123.com's maximum 3% commission, sellers in FORT WALTON BEACH, FL 32547 save an estimated $7,000 compared to a typical 5% commission on the median listing price of $349,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.