Fort Walton Beach, FL
Full City Profile · Florida · Okaloosa County County
3.1
/5.0
B
Good
20,956
Population
2,743/sq mi density
$66,556
Median Income
$37,973 per capita
$296,000
Home Value
$318,888 Zillow
$1,268
Median Rent
32.3% income on rent
70°F
Avg Temperature
306 sunny days/yr
300
Violent Crime/100K
2,098 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,556 median income, 2.5% unemployment
A
Affordability
4.2 / 5.0
$296,000 home value, $1,268/mo rent
F
Safety
1.0 / 5.0
300 violent crimes/100K
B
Education
3.2 / 5.0
27.8% bachelor's degree or higher
Housing Overview
Median Home Value
$296,000
5% above
US avg: $281,900
Median Rent
$1,268/mo
9% above
US avg: $1,163/mo
Homeownership Rate
59.7%
9% below US avg (65.4%)
Total Housing Units
10,013
Median year built: 1972
Home Value by Source
Census Median
$296,000
Zillow (ZHVI)
$318,888
Median Sale Price
$372,500
Median List Price
$359,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
59.7%
Owner-Occupied
40.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,268/mo
· Zillow rent:
$1,817/mo
Market Indicators (Redfin)
Median Days on Market
61 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
19.4%
of listings with price reduction
Price Per Sq Ft
$227
Active Inventory
129
homes for sale
Affordability & Housing Stock
Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
59.7%
Complete Housing Data
Home Values
| Census Median Value | $296,000 |
| Zillow Home Value (ZHVI) | $318,888 |
| Median Sale Price | $372,500 |
| Median List Price | $359,000 |
| Price Per Sq Ft | $227 |
Rent
| Census Median Rent | $1,268 |
| Zillow Rent (ZORI) | $1,817 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
| Days on Market | 61 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.4% |
| Homes Sold | 16 |
| Active Inventory | 129 |
| Price Per Sq Ft | $227 |
Ownership & Stock
| Owner-Occupied | 59.7% |
| Renter-Occupied | 40.3% |
| Homeownership Rate | 59.7% |
| Total Housing Units | 10,013 |
| Median Year Built | 1972 |
| Rent Burden | 32.3% |
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