Market Intelligence Report — FL-880

Crestview-Fort Walton Beach-Destin, FL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-FL-05
As of the latest 2026 data
Cooling

Median Listing

$600K
-7.0% YoY

Pending Ratio

0.27
+4.1% YoY

Active Inventory

4,413
-5.6% YoY

Median DOM

73 Days
-6.4% YoY

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The Crestview-Fort Walton Beach-Destin market is exhibiting cooling conditions for May 2026, with a pending ratio of 0.27. Despite a 4.1% year-over-year increase in the pending ratio, demand absorption remains relatively low compared to available inventory.

Market Analysis

What's moving the Crestview-Fort Walton Beach-Destin market right now.

Active listings contracted by 5.6% year-over-year, while new listings saw a significant 13.9% increase over the same period. Median listing prices declined 7.0% year-over-year to $599,900, with median days on market falling 6.4% to 73 days. The price-reduced share saw a modest 2.5% reduction year-over-year, settling at 19.3%.

Historical Analysis

Market Trends

Median Price

$600K-1.4% MoM

Active Inventory

4,413-5.6% YoY

Days on Market

73-6.4% YoY

Sold Score™

33+4.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that demand is not strongly outpacing supply, allowing for more deliberate negotiation. The modest pending ratio indicates less urgency for buyers, and sellers may need to exercise price discipline to facilitate transactions.

Luxury Segment

The average listing price of $1,238,122, paired with a median listing price of $599,900, indicates a significant spread between price tiers. The median $/sqft decreased by 9.0% year-over-year to $418, which may suggest some softening in the higher-priced segments of the market.

Supply Dynamics

4,413 active listings represent the current floor, with new supply arriving at roughly 1,084 per month.

Pricing Pressure
19.3%

of active listings carry a price reduction, -2.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -9.0% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Crestview-Fort Walton Beach-Destin, FL
CBSA Code
18880
State
FL
Analysis FAQ
  • What is the current market condition in Crestview-Fort Walton Beach-Destin?+

    As of the latest 2026 data, the Crestview-Fort Walton Beach-Destin metro is classified as Cooling. Pending ratio is 0.27 with median days on market at 73.

  • Are home prices dropping in Crestview-Fort Walton Beach-Destin?+

    Median listing price is $600K, -7.0% year over year. 19.3% of active listings carry a price reduction.

  • How fast are homes selling in Crestview-Fort Walton Beach-Destin?+

    The typical listing sits 73 days on market, a -6.4% change YoY. New listings are arriving at 1,084 per month.

  • What's happening in the Crestview-Fort Walton Beach-Destin luxury market?+

    The average listing price of $1,238,122, paired with a median listing price of $599,900, indicates a significant spread between price tiers. The median $/sqft decreased by 9.0% year-over-year to $418, which may suggest some softening in the higher-priced segments of the market.

  • Where can I find a trusted Crestview-Fort Walton Beach-Destin real estate expert?+

    Primpted maintains a vetted registry of Crestview-Fort Walton Beach-Destin agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 18880 · 36mo history