Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$660,738+0.9% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$143,234About 1.7× the local median income ($83,035): hard to afford
Days on market107 daysAbout the same pace as a year ago
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Walton County, FL is worth $660,738, up 0.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $653,464, so the area is 1.1% overvalued. It is a balanced market: homes take about 107 days to sell, listings are down 12% from a year ago, 14% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $143,234 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $83,035. Typical rent is $2,020 a month, or $2,178 for a house. In the latest IRS figures, 2,430 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$660,738
Change in 1 year
+0.9%
Overvalued %
+1.1%
Show 7 more
Fair home value
$653,464
Change in 5 years
+9.5%
Zillow forecast, next 12 months
+0.2%
Home value to income
8.0×
Monthly mortgage payment (20% down)
$3,581
Income needed to afford it
$143,234
Property tax rate
0.45%
Rent and investing
Typical rent
$2,020
Typical rent for houses
$2,178
Price-to-rent ratio
27.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,474
Gross rental yield
3.67%
Cap rate (estimate)
2.38%
Market activity
Listings vs a year ago
−12.1%
Days on market
107
Listings with a price cut
13.8%
Show 3 more
Homes for sale
2,280
Pending sales per 100 listings
21
Asking price per sq ft
$490
People and jobs
Median household income
$83,035
Population change (1 year)
+3.5%
Unemployment rate
4.8%
Show 4 more
Population
93,288
Income adjusted for cost of living
$85,603
Net moves in (IRS)
+2,430
Cost of living (US = 100)
97.0
Schools, risk and environment
School rating (1 to 10)
7.8
FEMA hazard risk score (0 to 100)
88.6
Flood risk score
68.3
Show 3 more
Wildfire risk score
75.7
Walkability (1 to 20)
6.4
Road, rail and air noise
55 dB
Questions people ask
Is Walton County, FL overvalued?
Home prices in Walton County, FL are slightly above what local incomes have historically supported: fair value is about $653,464, so the area is 1.1% overvalued.
Is Walton County, FL a buyer's or seller's market?
Walton County, FL is a balanced market: homes take about 107 days to sell, listings are down 12% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Walton County, FL?
Home values in Walton County, FL are up 0.9% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Walton County, FL?
A household needs about $143,234 a year to afford the typical home in Walton County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $83,035.