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32461 housing market

ZIP code · Inlet Beach / Rosemary · Walton

The median sale price in ZIP code 32461 was $1.53M in May 2026, up 2.4% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $1.48M, firming from $1.27M across the three months before that. That puts prices 17.8% below the strongest three-month stretch on record here, which ended in Jul 2024 at $1.79M. Zillow's home value index, which models the entire housing stock rather than only the homes that changed hands, reads $1.4M for Jun 2026, down 1.0% year over year.

Buyers had 430 homes to choose from in May 2026, down 19.5% year over year (Redfin). 327 homes came to market in May 2026, down 0.6% year over year, against 218 closings, up 69.0% year over year. Homes that sold in May 2026 took a median of 109 days to go under contract, 55 days faster than this market's usual May pace.

Sellers were asking a median of $1.9M in Jul 2026, up 4.9% year over year (Realtor.com). 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 28.7% above the closing median. Competition is measurable in the closings themselves: 9% settled above asking, and the average sale landed at 96% of its final list price. 12% of listings carried a price cut in Jul 2026.

This page tracks 18 monthly housing series for ZIP code 32461 — median sale price, median list price, ZHVI home value, inventory (active), active listings, median days on market, and more — sourced from Realtor.com, 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 32461: Redfin · Realtor.com · Zillow ZHVI. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.