Destin · Neighborhood Market Report
Kellys Addition
Every number a buyer, seller, or investor needs on one neighborhood: live inventory and closed-sale history - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated September 27, 2026 · Next statistics update early October 2026
How Kellys Addition is trading
10 homes closed in Kellys Addition in the trailing 12 months at a median of $522,500, with a 97.6% median list-to-sale ratio. On the active side, 0 of 6 listings sit below original list price, and standing inventory works out to 7.2 months of supply at the current sales pace.
Kellys Addition puts very different ground under one name, so sort a sale by what the plats drew before comparing it. The 1954 sheet runs lots several hundred feet deep to the bayou in Blocks 4 and 6 and the northern Block 7 lots on Beach Drive, 50 feet wide in Block 4 and on Beach Drive in Block 7, and 60 feet or wider in Block 6. It cuts Blocks 3A and 3B mostly into lots 50 feet wide and 125 or 150 feet deep, while the 1958 Third Addition lays out lots mostly 60 to 70 feet wide on its avenues; a bayou-drawn lot belongs beside other bayou-drawn lots, not beside a Mimosa Avenue house. Block 2's shoreline lots are city property on the roll and sit outside any private comparison. Then match construction: the roll carries mobile, manufactured and multi-family parcels on the same streets as site-built houses, with build years from 1954 to 2025.
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 27, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2022 | $410K |
| 2023 | Sample too small |
| 2024 | Sample too small |
| 2025 | $460K |
| 2026 YTD | $585K |
| Period | Value |
|---|---|
| 2022 | $295 |
| 2023 | Sample too small |
| 2024 | Sample too small |
| 2025 | $275 |
| 2026 YTD | $285 |
| Period | Value |
|---|---|
| Sep 24 | 1 |
| Oct 24 | 0 |
| Nov 24 | 0 |
| Dec 24 | 0 |
| Jan 25 | 0 |
| Feb 25 | 2 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 1 |
| Aug 25 | 0 |
| Sep 25 | 2 |
| Oct 25 | 2 |
| Nov 25 | 2 |
| Dec 25 | 1 |
| Jan 26 | 0 |
| Feb 26 | 1 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 1 |
| Jun 26 | 2 |
| Jul 26 | 0 |
| Aug 26 | 1 |
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 28, 2021 through September 27, 2026.
From the active file
6 homes are on the market in Kellys Addition today:
$425,000
617 2nd Street
Destin, FL 32541
$689,500
610 Fifth Street
Destin, FL 32541
$410,000
521 2nd Avenue
Destin, FL 32541
$569,000
599 Third Avenue
Destin, FL 32541
$472,500
624 4th Street
Destin, FL 32541
$2,999,000
717 6th Street
Destin, FL 32541
The investor file
| Typical acquisition (median, 12 mo) | $522,500 |
|---|---|
| Middle-half range (25th-75th pct, 15 sales / 24 mo) | $345,000 - $890,000 |
| Median price, 2022 to 2026 | +42.9% ($409,500 to $585,000) |
| Average sale price (12 mo) | $754,950 |
| Sales volume, trailing 12 months | $7,549,500 |
| Sale price range, trailing 12 months | $250,000 - $2,500,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 2 BR | 1 | 0 | Sample too small |
| 3 BR | 1 | 7 | $460,000 |
| 4 BR | 4 | 3 | $770,000 |
Based on information from ECAR for the period September 28, 2021 through September 27, 2026.
Rental rules on the MLS today: 0 of 6 active listings disclose“Short Term Rental - Allowed”; 5 disclose it is not allowed. Always verify current rules with the association or county before purchasing with rental income in mind.
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 28, 2021 through September 27, 2026.
Why is there no list of individual sold homes?
10 homes closed in Kellys Addition in the trailing 12 months, from $250,000 to $2,500,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows area-level statistics only - ask us for the street-by-street sold review 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 Kellys Addition?
We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated September 27, 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 27, 2026.
Sources
- City of Destin plat scan: A Resubdivision of Kelly's Addition to Destin (Plat Book 2, page 62) (accessed September 24, 2026)
- City of Destin plat scan: Kelly's Addition to Destin (Plat Book 1, page 19B) (accessed September 24, 2026)
- City of Destin plat scan: Kelly's Third Addition to Destin (Plat Book 2, page 164) (accessed September 24, 2026)
- Okaloosa County GIS: parcel and site address records for the Kelly's Addition parcel series (accessed September 24, 2026)
- City of Destin Facilities: Mattie Kelly Park and Nature Walk (accessed September 24, 2026)
- City of Destin Facilities: Joe's Bayou Boat Launch (accessed September 24, 2026)