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Sylvania Heights

FORT WALTON BEACH, FL 32548

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32548

Sylvania Heights

Market Analysis

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

The FORT WALTON BEACH, FL real estate market (32548) currently shows 279 active listings, with 46 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 79 days on market compared to 103 days last year.

The median listing price has fallen 2.3% year-over-year, from $459,700 to $449,000.

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: 23,575  ·  Density: 753.4/mi²  ·  Median household income: $61,037

Typical home value: $269,039  ·  Homeownership: 58.4%

Market Overview

Active Listings
279
⇩ 13.4% vs 322 last year
Pending
46
16% pending ratio
Median Price
$449,000
⇩ 2.3% vs $459,700 last year
Average Price
$523,111
⇩ 2.6% vs $537,165 last year
Days on Market
79
⇩ 23.3% vs 103 days last year

Price Per Square Foot

Median $/sqft
$405
⇩ 2.2% vs $414/sqft last year
Median Home Size
1,217 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 279 this year vs 322 last year
  • Days on market: 79 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $449,000 (-2.3% YoY)
  • Average: $523,111 (-2.6% 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 35.9 miles — 3,623 listings ($2,440,392,754 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32548Fort Walton Beach, FL 325480.0 mi260$129,582,180$435,000$498,393
32569Mary Esther, FL 325694.8 mi132$71,594,424$331,000$542,382
32541Destin, FL 3254110.4 mi705$727,925,190$650,000$1,032,518
32578Niceville, FL 3257813.5 mi227$129,888,719$491,225$572,197
32550Miramar Beach, FL 3255018.3 mi701$691,292,552$649,500$986,152
32583Milton, FL 3258323.5 mi315$121,405,725$328,758$385,415
32536Crestview, FL 3253624.0 mi251$84,480,074$328,750$336,574
32539Crestview, FL 3253927.9 mi323$106,124,557$303,675$328,559
32439Freeport, FL 3243931.5 mi328$177,078,672$431,650$539,874
32531Baker, FL 3253133.0 mi44$17,981,172$362,200$408,663
32503Pensacola, FL 3250333.8 mi190$82,757,730$326,750$435,567
32502Pensacola, FL 3250234.4 mi90$78,160,230$623,250$868,447
32435Defuniak Springs, FL 3243535.9 mi57$22,121,529$287,820$388,097

Frequently Asked Questions

How many homes are for sale in FORT WALTON BEACH, FL 32548?

As of March 2026, there are 279 active listings in FORT WALTON BEACH, FL (zip code 32548), compared to 322 the prior year.

What is the median home price in FORT WALTON BEACH, FL 32548?

The median listing price in FORT WALTON BEACH, FL 32548 is $449,000 as of March 2026, a 2.3% decrease from $459,700 the prior year.

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

Homes in FORT WALTON BEACH, FL 32548 spend an average of 79 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in FORT WALTON BEACH, FL 32548?

Based on current inventory and days-on-market data as of March 2026, FORT WALTON BEACH, FL 32548 is currently a Seller's Market. Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 79 days on market compared to 103 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 32548 save an estimated $8,980 compared to a typical 5% commission on the median listing price of $449,000. 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.