Kenwood Market Update – Fort Walton Beach (June 2025)
Kenwood remains one of Fort Walton Beach’s most desirable neighborhoods, with tree-lined streets, golf course views, and larger lots. But here’s the reality check: over the past 12 months, not a single detached single-family home officially sold in this area. That’s a red flag — or a green light for the right seller.
Current Market Snapshot
- Total Listings Tracked: 31
- Currently Active: 20
- Pending Sales: 11
- Closed Sales: 0
- Average List Price: $758,922
- Median List Price: $515,000
- Average Home Size: 2,744 Sq Ft
- Average Price per Sq Ft: $257
- Average Days on Market (Active): 76
Price Reduction Trends
- Average Price Drop: $80,063 (-7.36%)
- Median Price Drop: $35,000 (-6.15%)
- Largest Price Drop: $600,100 (-17.71%)
Time on Market (Active + Pending)
| Days on Market | % of Listings |
|---|---|
| 0–30 Days | 54.55% |
| 31–60 Days | 18.18% |
| 61–90 Days | 0.00% |
| 91–120 Days | 9.09% |
| 121+ Days | 18.18% |
Key Insight
With 31 listings on the books and zero closed sales, the Kenwood market is clearly in a holding pattern. The high number of price reductions tells the story: buyers aren’t responding to aspirational pricing.
That also means there’s a window here. A well-prepped, properly priced listing could stand out — especially if others are stuck chasing the wrong comps.
If you're considering selling in Kenwood, now is the time to list smart, not just list high. Let’s talk strategy.