Walton County, FL housing market
County · 12131The median sale price in Walton County, FL was $745K in May 2026, up 27.3% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $718K, easing from $740K across the three months before that. That puts prices 5.5% below the strongest three-month stretch on record here, which ended in Mar 2026 at $760K. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $654K for Jun 2026, down 0.7% year over year.
Buyers had 2,511 homes to choose from in May 2026, down 11.7% year over year (Redfin). At the current sales pace that standing inventory works out to 6.3 months of supply; convention treats four to six months as a balanced market, which puts Walton County, FL on the buyers' side of it. 533 homes came to market in May 2026, up 7.7% year over year, against 398 closings, up 49.1% year over year. Homes that sold in May 2026 took a median of 104 days to go under contract, 60 days faster than this market's usual May pace.
Sellers were asking a median of $820K in Jul 2026, down 8.8% year over year (Realtor.com via FRED). Asking prices and closing prices never describe the same homes, so the gap between them reads as seller expectation rather than a discount available to buyers: in May 2026 the list median ran 14.0% above the closing median. Competition is measurable in the closings themselves: 7% settled above asking, and the average sale landed at 96% of its final list price. 24% of listings carried a price cut in May 2026.
This page tracks 18 monthly housing series for Walton County, FL — median sale price, median list price, ZHVI home value, inventory (active), active listings, median days on market, and more — sourced from Realtor.com via FRED, Redfin, Zillow ZHVI, running from Aug 2016 through Jul 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.
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Sources for Walton County, FL: Redfin · Realtor.com via FRED · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.