Destin · Community Market Report
Diamond Lakes
Every number a buyer, seller, or investor needs on one community: live inventory, closed-sale history, and the neighborhood around it - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 22, 2026 · Next statistics update early October 2026
How the community is trading
3 homes closed in Diamond Lakes in the trailing 12 months at a median of $442,500, with a 98.3% median list-to-sale ratio.
The median here misleads for a reason you can read off the parcel roll: one legal name spans construction from 2004 to 2016, so the buildings' ages are distributed unevenly across identical-looking rows. A sale from the 2005 bulk of the plat and a sale from the 2016 tail are not the same asset, yet they average together. The pond is not a lot feature and should not be priced as one: it sits inside the association's common ground, so what a buyer acquires is a share in maintaining it rather than frontage on it. That common ground is the second thing to price. At 7.94 acres against 5.89 acres of house lots, the association maintains more of this subdivision than the owners hold individually, which puts the assessment and the reserve schedule ahead of the finishes. A patient buyer should pull the recorded year built for the specific address before treating any neighborhood-level figure as a comparable, and should establish which recorded documents govern that address.
Year-over-year figures compare the 12 complete calendar months from September 2025 through August 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through September 22, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2022 | $486K |
| 2023 | $470K |
| 2024 | $433K |
| 2025 | Sample too small |
| 2026 YTD | $443K |
| Period | Value |
|---|---|
| 2022 | $271 |
| 2023 | $260 |
| 2024 | $240 |
| 2025 | Sample too small |
| 2026 YTD | $242 |
| Period | Value |
|---|---|
| Sep 24 | 0 |
| Oct 24 | 0 |
| Nov 24 | 4 |
| Dec 24 | 0 |
| Jan 25 | 1 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 1 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 0 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 1 |
| Feb 26 | 0 |
| Mar 26 | 1 |
| Apr 26 | 1 |
| May 26 | 0 |
| Jun 26 | 0 |
| Jul 26 | 0 |
| Aug 26 | 0 |
The monthly charts cover the 24 complete calendar months from September 2024 through August 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
From the active file
The investor file
| Typical acquisition (median, 12 mo) | $442,500 |
|---|---|
| Middle-half range (25th-75th pct, 9 priced sales / 24 mo) | $400,000 - $442,500 |
| Median price, 2022 to 2026 | -8.9% ($485,500 to $442,500) |
| Average sale price (12 mo) | $445,500 |
| Sales volume, trailing 12 months | $1,336,500 |
| Sale price range, trailing 12 months | $432,000 - $462,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 3 BR | 0 | 3 | $442,500 |
Based on information from ECAR for the period September 23, 2021 through September 22, 2026.
The neighborhood: Indian Bayou
Diamond Lakes sits in or beside the Indian Bayou Census neighborhood - the area figures below describe that neighborhood, not this community alone.
Neighborhood Data
Indian Bayou at a Glance
1,521
Properties
$591K
Median Home Value
46%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period September 23, 2021 through September 22, 2026. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold homes?
3 homes closed in Diamond Lakes in the trailing 12 months, from $432,000 to $462,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows community-level statistics only - ask us for the home-by-homesold report and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale “median” is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling in Diamond Lakes?
We track this community's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.
- MLS market data (ECAR) - updated September 21, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated September 21, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of September 22, 2026.
Sources
- Okaloosa County IGIS: Parcels layer, Diamond Lakes identifier series (accessed August 23, 2026)
- Okaloosa County IGIS: SiteAddress points on Diamond Cove and Jade Loop (accessed August 21, 2026)
- Okaloosa County IGIS: WaterBodies layer, Diamond Lakes and the Gulf (accessed August 23, 2026)
- Okaloosa County IGIS: FEMA FIRM flood zones layer (accessed August 23, 2026)
- Okaloosa County IGIS: Subdivisions layer, plats within 200 feet (accessed August 23, 2026)
- City of Destin: Register a Short Term Rental (accessed August 21, 2026)