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Sylvania Heights

FORT WALTON BEACH, FL 32548

Real Estate Market Report  ·  Okaloosa County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 32548

Sylvania Heights

Market Analysis

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

The FORT WALTON BEACH, FL real estate market (32548) currently shows 289 active listings, with 50 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has tightened compared to last year, with 46 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 70 days on market compared to 92 days last year.

The median listing price has fallen 0.4% year-over-year, from $452,000 to $449,975.

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

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

Market Overview

Active Listings
289
⇩ 13.7% vs 335 last year
Pending
50
17% pending ratio
Median Price
$449,975
⇩ 0.4% vs $452,000 last year
Average Price
$531,853
⇧ 1.4% vs $524,320 last year
Days on Market
70
⇩ 23.9% vs 92 days last year

Price Per Square Foot

Median $/sqft
$405
⇩ 4% vs $422/sqft last year
Median Home Size
1,201 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 289 this year vs 335 last year
  • Days on market: 70 now vs 92 last year

Median & Average Pricing

Year over Year
  • Median: $449,975 (-0.4% YoY)
  • Average: $531,853 (+1.4% 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 April 2026, there are 289 active listings in FORT WALTON BEACH, FL (zip code 32548), compared to 335 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 $449,975 as of April 2026, a 0.4% decrease from $452,000 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 70 days on the market before going under contract, compared to 92 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 April 2026, FORT WALTON BEACH, FL 32548 is currently a Seller's Market. Inventory has tightened compared to last year, with 46 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 70 days on market compared to 92 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 $9,000 compared to a typical 5% commission on the median listing price of $449,975. 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.