Walton County, Florida home prices
Typical home $660,738 · +0.9% in a year · property tax 0.45%
The typical home in Walton County is worth $660,738, 76% more than the Florida typical home ($375,361). Values changed +0.9% in the past year and +9.5% over five years. Homeowners here pay a median 0.45% of their home's value in property tax each year ($2,956 on the typical home), versus 0.8% statewide.
Mortgage on the typical Walton County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $132,148 | $528,591 | $3,556 | $0 | $577 | $4,133 | $177,100 |
| 10% down | $66,074 | $594,664 | $4,000 | $248 | $577 | $4,825 | $206,800 |
| 5% down | $33,037 | $627,701 | $4,223 | $262 | $577 | $5,061 | $216,900 |
| 3.5% down (FHA) | $23,126 | $648,771 | $4,364 | $292 | $577 | $5,233 | $224,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.45% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Florida · part of the Crestview metro area.
Florida counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Collier County | $552,087 | -1.4% | 0.63% |
| Miami-Dade County | $523,240 | +0.6% | 0.81% |
| Saint Johns County | $492,987 | -0.8% | 0.76% |
| Nassau County | $484,963 | +0.7% | 0.71% |
| Palm Beach County | $475,754 | +2.3% | 0.86% |
| Martin County | $448,233 | +0.7% | 0.77% |
| Broward County | $422,344 | -1.6% | 0.94% |
| Franklin County | $422,234 | -2.5% | 0.63% |
| Manatee County | $408,269 | -2.5% | 0.78% |
| Gulf County | $403,845 | -1.0% | 0.63% |
Frequently asked questions
What is the average home price in Walton County, FL?
The typical home value in Walton County is $660,738 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Walton County?
About $177,100 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Walton County?
The median effective rate is 0.45% of home value a year (Census ACS 2024 5-year estimates).