Home prices
Fort Walton Beach's median home cost is $185,900. In comparison to its nearby areas this is about $29,700 (13%) lower.It is about $31,600 (14%) lower in comparison to the entire country, and in comparison to the city of Pensacola is roughly $3,100 (1%) higher.
Rents
The median rent in Fort Walton Beach is $988 per month. This is roughly $160 (13%) lower compared to its surrounding areas.It is roughly $74 (6%) lower compared to the rest of the nation, and is about $34 (3%) higher compared to the city of Pensacola.
Nearby places
Cinco Bayou
Cinco Bayou is Fort Walton Beach's neighbor to the east. Its housing prices are a little more expensive. Cinco Bayou's median home value is $235,700, which works out to $49,800 (21%) higher than Fort Walton Beach. Rent there is a bit more expensive. The median monthly rent in Cinco Bayou is $1,105, which comes out to $117 (10%) higher than Fort Walton Beach.
Ocean City
Ocean City is Fort Walton Beach's neighbor to the northeast. The housing prices there are somewhat less expensive. The median home in Ocean City is valued at $174,800, which comes out to $11,100 (6%) lower than Fort Walton Beach. Its rents are fairly similar. Ocean City's median rent is $947 a month, which works out to $41 (4%) lower than Fort Walton Beach.
Wright
Wright is Fort Walton Beach's neighbor to the northwest. Its housing prices are somewhat less expensive. The median home in Wright is valued at $168,500, which is $17,400 (10%) lower than Fort Walton Beach. Its rents are somewhat more expensive. Wright's median monthly rent is $1,064, which is $76 (7%) higher than Fort Walton Beach.
Mary Esther
Mary Esther is Fort Walton Beach's neighbor to the southwest. Its real estate prices are similar. The cost of the median home in Mary Esther is $186,800, which is very similar to Fort Walton Beach. The rent there is somewhat more expensive. In Mary Esther the median rent is $1,105 a month, which comes out to $117 (10%) higher than Fort Walton Beach.
Shalimar
Shalimar is about 2 miles northeast from Fort Walton Beach. Its housing prices are significantly more expensive. The median home in Shalimar costs $312,200, which is $126,300 (40%) higher than Fort Walton Beach. The rent there is a lot more expensive. The median rent in Shalimar is $1,517 per month, which is $529 (34%) higher than Fort Walton Beach.
