Fort Walton Beach · Neighborhood Market Report
Municipal Subdivision Market Analytics
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 November 5, 2026 · Next statistics update early December 2026
How Municipal Subdivision is trading
4 homes closed in Municipal Subdivision in the trailing 12 months at a median of $325,000, with a 99.3% median list-to-sale ratio. On the active side, 3 of 3 listings sit below original list price, and standing inventory works out to 9.0 months of supply at the current sales pace.
Fifty sales over ten and a half years is about five a year across 145 parcels, and the search behind it used the single word Municipal, which also appears in two Robinwood Municipal subdivisions outside these three phases. A median built from it can mix neighborhoods. Within the three phases, houses date from 1960 to 2022 on lots from 0.19 to 0.52 acre, so match each sale to its phase, lot and year before comparing. The September 24, 2026 count of 2 active and 50 sold is a dated snapshot, and all 145 parcels sit in Zone X on FEMA's national layer.
Year-over-year figures compare the 12 complete calendar months from November 2025 through October 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through November 5, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2024 | $262K |
| 2025 | $310K |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| 2024 | $177 |
| 2025 | $230 |
| 2026 YTD | Sample too small |
| Period | Value |
|---|---|
| Nov 24 | 3 |
| Dec 24 | 0 |
| Jan 25 | 1 |
| Feb 25 | 0 |
| Mar 25 | 1 |
| Apr 25 | 0 |
| May 25 | 0 |
| Jun 25 | 0 |
| Jul 25 | 0 |
| Aug 25 | 0 |
| Sep 25 | 2 |
| Oct 25 | 2 |
| Nov 25 | 2 |
| Dec 25 | 0 |
| Jan 26 | 0 |
| Feb 26 | 1 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 1 |
| Jul 26 | 0 |
| Aug 26 | 0 |
| Sep 26 | 0 |
| Oct 26 | 0 |
The monthly charts cover the 24 complete calendar months from November 2024 through October 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 November 6, 2021 through November 5, 2026.
From the active file
3 homes are on the market in Municipal Subdivision today:
The investor file
| Typical acquisition (median, 12 mo) | $325,000 |
|---|---|
| Middle-half range (25th-75th pct, 13 sales / 24 mo) | $212,700 - $330,000 |
| Median price, 2024 to 2025 | +18.5% ($261,500 to $310,000) |
| Average sale price (12 mo) | $302,000 |
| Sales volume, trailing 12 months | $1,208,000 |
| Sale price range, trailing 12 months | $199,000 - $359,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 3 BR | 3 | 4 | $325,000 |
Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Rental rules on the MLS today: 0 of 3 active listings disclose"Short Term Rental - Allowed"; 3 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 were last refreshed on November 5, 2026. Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Why is there no list of individual sold homes?
4 homes closed in Municipal Subdivision in the trailing 12 months, from $199,000 to $359,000. 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 Municipal Subdivision?
We track this neighborhood's sales, inventory, and rules every month - get the full picture before you commit.
- MLS market data (ECAR) - updated November 4, 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 November 5, 2026.
Sources
- Okaloosa County GIS, Municipal subdivision series (accessed September 29, 2026)
- Okaloosa County GIS, Municipal exact parcel series (accessed September 29, 2026)
- City of Fort Walton Beach GIS (accessed September 29, 2026)
- FEMA National Flood Hazard Layer, flood hazard zones (accessed October 4, 2026)
- Okaloosa County GIS, City Limits layer (accessed October 4, 2026)
- Okaloosa County GIS, Municipal SiteAddress series (accessed October 4, 2026)