40Alpha

Okaloosa County, FL Housing Market Brief

county · FL · as of May 2026

Balanced

What is Okaloosa County, FL’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-2.944
Inventory Health25%
-6.243
Affordability20%
14
Economic Strength20%
+1.647
Rental Yield15%
58

Where is Okaloosa County, FL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Okaloosa County, FL is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Okaloosa County, FL housing market data

MetricValueYoY
Median Sale Price$380K▲ +1.2%
Median Days on Market69 days-5.5%
Months of Supply5.4-3.6%
Homes for Sale2,033-15.3%
Homes Sold378-12.5%
Median Price / Sq Ft$217-2.7%
Sale-to-List Ratio97.6%▲ +0.1%

How has Okaloosa County, FL’s Alpha Score moved?

Now: 40
3-period trend
Median sale price · 12 mo

Markets like Okaloosa County, FL

Frequently asked questions

Is Okaloosa County, FL a buyer's or seller's market?

As of May 2026, Okaloosa County, FL is classified as a Balanced Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Okaloosa County, FL?

The median sale price in Okaloosa County, FL is $380K, having risen 1.2% over the past year.

How affordable is Okaloosa County, FL?

Okaloosa County, FL scores 14 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Okaloosa County, FL's Alpha Score?

Okaloosa County, FL's strongest dimension is Rental Yield (58/100) and its weakest is Affordability (14/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Okaloosa County, FL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.