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Sylvania Heights

FORT WALTON BEACH, FL 32548

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

Neighborhoods in ZIP 32548

Sylvania Heights

Market Analysis

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

The FORT WALTON BEACH, FL real estate market (32548) currently shows 260 active listings, with 42 pending sales. Homes are averaging 93 days on the market before going under contract.

Inventory has tightened compared to last year, with 55 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 93 days on market compared to 100 days last year.

The median listing price has fallen 1.3% year-over-year, from $440,725 to $435,000.

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
260
⇩ 17.5% vs 315 last year
Pending
42
16% pending ratio
Median Price
$435,000
⇩ 1.3% vs $440,725 last year
Average Price
$498,393
⇩ 3.1% vs $514,269 last year
Days on Market
93
⇩ 7% vs 100 days last year

Price Per Square Foot

Median $/sqft
$409
vs $409/sqft last year
Median Home Size
1,204 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 260 this year vs 315 last year
  • Days on market: 93 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $435,000 (-1.3% YoY)
  • Average: $498,393 (-3.1% 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 — 3,400 listings ($2,273,554,897 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
32548Fort Walton Beach, FL 325480.0 mi258$126,429,288$448,950$490,036
32569Mary Esther, FL 325694.8 mi125$64,769,875$329,900$518,159
32541Destin, FL 3254110.4 mi645$647,012,400$639,450$1,003,120
32578Niceville, FL 3257813.5 mi221$124,613,944$486,950$563,864
32550Miramar Beach, FL 3255018.3 mi668$652,495,720$642,500$976,790
32583Milton, FL 3258323.5 mi312$119,388,360$327,231$382,655
32536Crestview, FL 3253624.0 mi235$78,989,845$329,450$336,127
32539Crestview, FL 3253927.9 mi277$93,215,486$301,200$336,518
32439Freeport, FL 3243931.5 mi299$168,285,273$430,960$562,827
32531Baker, FL 3253133.0 mi45$19,830,690$392,200$440,682
32503Pensacola, FL 3250333.8 mi189$84,116,907$349,900$445,063
32502Pensacola, FL 3250234.4 mi85$78,185,295$535,000$919,827
32435Defuniak Springs, FL 3243535.9 mi41$16,221,814$294,990$395,654

Frequently Asked Questions

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

As of February 2026, there are 260 active listings in FORT WALTON BEACH, FL (zip code 32548), compared to 315 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 $435,000 as of February 2026, a 1.3% decrease from $440,725 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 93 days on the market before going under contract, compared to 100 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 February 2026, FORT WALTON BEACH, FL 32548 is currently a Seller's Market. Inventory has tightened compared to last year, with 55 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 93 days on market compared to 100 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 $8,700 compared to a typical 5% commission on the median listing price of $435,000. 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.