Fort Walton Beach-area home prices rise 4.5% in April, with houses for sale in high demand
A typical Okaloosa County home listed for $499,000 in April, up 4.5% from a month earlier, an analysis of data from Realtor.com shows.
The median list home price in April was up about 24.9% from April 2021. Okaloosa County's median home was 1,848 square feet for a listed price of $260 per square foot.
The Okaloosa County market was busy, with a median 42 days on market. A month earlier, homes had a median 45 days on market. The market added 676 new home listings in April, compared with the 412 added in April 2021. The market ended the month with some 516 listings of homes for sale.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
Previous coverage: Homes in high demand: Fort Walton Beach-area home prices rise 4.3% in March
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Walton County home prices rise 0.5% to $924,500
Walton County's home prices rose 0.5%, to a median $924,500, from a month earlier. The typical house was on the market for 31 days, less than the 36 days a month earlier. The typical 2,136-square-foot house had a list price of $565 per square foot.
Across metro Destin, median home prices rose to $600,000, up 0.1% from a month earlier. The median home had 1,963 square feet at a list price of $376 per square foot.
Across all of Florida, median home prices were $472,990, rising 5.1% from a month earlier. The median Florida home for sale had 1,678 square feet at list price of $279 per square foot.
Across the United States, median home prices were $425,000, up 5% from a month earlier. The median American home for sale had 1,821 square feet, listed at $220 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market.
In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.