Sell My House Fast in Fort Walton Beach, Florida with an iBuyer

Fort Walton Beach Real Estate Market Overview

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Location and Weather

Fort Walton Beach is located at the northwestern end of Florida, in Okaloosa County. This charming city sits between Pensacola and Panama City along the Gulf Coast. Along with its reputation as a deep-sea fishing capital, Fort Walton is said to be an ideal vacation spot due to its white-sand beaches, resort attractions, and aquariums.

While this city does get its fair share of rain, it also provides 226 days of sun throughout the year which maintains its appeal for tourists and potential new residents alike.

Population, Job Market and Cost of Living

Fort Walton Beach has a population of 23,379, with a growth rate of 1.24% annually. The job market has increased by 4.2% over the last year. In ten years, job growth is predicted to be 46.2%. The biggest employer is the U.S. military, but hospitality and defense contracting are big industries here as well. Other large employers are Ponderosa Builders, HX5, Gary Smith Honda, Tybrin and White-Wilson Medical Center, P.A. This is a fairly affordable city, especially considering all the attractions, restaurants, shops and out-door activity it has to offer.

Aside from the downtown area, residents and tourists without a car will find transportation to be a small but necessary expense as well.

Hottest Neighborhoods:

Seabreeze, Ferry Park, Oakland, Kenwood, Northwest Fort Walton Beach

Average Monthly Rent in Fort Walton Beach

The average monthly rent in Fort Walton Beach is $1,429 for an average size apartment of 974 sq. feet.

Change in Home Value and Median Home Value

There has been a 23.1% increase in Fort Walton Beach’s median home value over the last year. As of 2022, the median home value is $320,000.

Days to Sell a House

On average, homes in Fort Walton Beach sell after 45 days on the market.

Best Time to Sell a House in Fort Walton Beach

The best time for homeowners to sell in Fort Walton Beach is June. For the fastest sale, homeowners should sell during the month of September.

Affordability Index

The affordability index in Fort Walton Beach is 141. This number indicates high affordability in this city.

Fort Walton Beach Public School Ranking

The top ranked public schools are Liza Jackson Preparatory School, Northwest Florida Ballet Academic, Kenwood Elementary School, Fort Walton Beach High School, and Wright Elementary School. This information is based on data from The U.S. Department of Education, The U.S. Census Bureau and the Florida Department of Education.

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