Thursday, October 20, 2022 / by Cj Hays
Fort Walton Beach median price has risen to $345,000
The median sales price for a single-family home sold in Okaloosa County during July was $345,000. That's an increase of 7.8% compared with July 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.
On a year-over-year premise, costs have been ascending for 33 continuous months. July costs are down from $360,000 the earlier month.
The quantity of houses sold fell by 31.4% from a year sooner. A sum of 341 houses were sold countywide during July. During a similar period a year sooner, 497 single-family homes were sold.
Exorbitant loan fees are making contract installments more costly. With winning home loan rates and 20% down, the home loan installment on Okaloosa Province's middle single-family home from July would have cost $1,533 each month, excluding protection, shutting charges, mortgage holder affiliation duty or different expenses, as per a USA TODAY Organization investigation. A month sooner, the middle home loan would have cost $1,672. A year sooner, the middle home loan would have cost $1,052..
On a year-over-year premise, costs have been ascending for 33 continuous months. July costs are down from $360,000 the earlier month.
The quantity of houses sold fell by 31.4% from a year sooner. A sum of 341 houses were sold countywide during July. During a similar period a year sooner, 497 single-family homes were sold.
Exorbitant loan fees are making contract installments more costly. With winning home loan rates and 20% down, the home loan installment on Okaloosa Province's middle single-family home from July would have cost $1,533 each month, excluding protection, shutting charges, mortgage holder affiliation duty or different expenses, as per a USA TODAY Organization investigation. A month sooner, the middle home loan would have cost $1,672. A year sooner, the middle home loan would have cost $1,052..
