Fort Walton Beach · Neighborhood Market Report
Park Place 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 Park Place is trading
4 homes closed in Park Place in the trailing 12 months at a median of $341,000, with a 98.9% median list-to-sale ratio. On the active side, 1 of 1 listings sits below original list price, and standing inventory works out to 3.0 months of supply at the current sales pace.
A Park Place median can mislead because the name covers unlike property. The county's six local entries include 234 single-family homes, mostly built before 1970, beside 24 condominium units from 1983, 20 shop units from 1985, offices, vacant commercial lots and municipal parcels. Flood status is split as well: 107 of 336 outlines touch Zone AE and 229 touch only Zone X. The listing search saved September 24, 2026 holds three active and 70 closed dwellings with closings spread across a decade, so a sale from 2016 and one from 2026 sit side by side. Sort by entry, property type and closing date, then check each address on the county map before comparing.
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 |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | $210K |
| 2025 | $355K |
| 2026 YTD | $341K |
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | $177 |
| 2025 | $237 |
| 2026 YTD | $206 |
| Period | Value |
|---|---|
| Nov 24 | 1 |
| Dec 24 | 0 |
| Jan 25 | 1 |
| Feb 25 | 0 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 1 |
| Jun 25 | 1 |
| Jul 25 | 1 |
| Aug 25 | 1 |
| Sep 25 | 0 |
| Oct 25 | 0 |
| Nov 25 | 0 |
| Dec 25 | 0 |
| Jan 26 | 0 |
| Feb 26 | 2 |
| Mar 26 | 0 |
| Apr 26 | 0 |
| May 26 | 0 |
| Jun 26 | 0 |
| Jul 26 | 1 |
| Aug 26 | 0 |
| Sep 26 | 1 |
| 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
One home is on the market in Park Place today:
The investor file
| Typical acquisition (median, 12 mo) | $341,000 |
|---|---|
| Middle-half range (25th-75th pct, 10 sales / 24 mo) | $232,500 - $353,125 |
| Median price, 2024 to 2026 | +62.4% ($210,000 to $341,000) |
| Average sale price (12 mo) | $284,125 |
| Sales volume, trailing 12 months | $1,136,500 |
| Sale price range, trailing 12 months | $107,000 - $347,500 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 1 BR | 1 | 0 | Sample too small |
| 2 BR | 0 | 1 | Sample too small |
| 3 BR | 0 | 2 | Sample too small |
| 4 BR | 0 | 1 | Sample too small |
Based on information from ECAR for the period November 6, 2021 through November 5, 2026.
Rental rules on the MLS today: 0 of 1 active listings disclose"Short Term Rental - Allowed"; 1 discloses 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 Park Place in the trailing 12 months, from $107,000 to $347,500. 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 Park Place?
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 IGIS subdivision index, Park Place name family (accessed September 29, 2026)
- Okaloosa County IGIS parcels layer, Park Place series (accessed September 29, 2026)
- Okaloosa County IGIS SiteAddress layer, Park Place series (accessed September 29, 2026)
- Okaloosa County IGIS FEMA FIRM layer metadata (accessed September 29, 2026)
- Okaloosa County Geographic Information Systems (accessed September 29, 2026)
- Okaloosa County IGIS parcels layer, Park Place build years (accessed October 4, 2026)