Is Shalimar, FL 32579 a buyer’s or seller’s market?

The Shalimar housing market right now

In the three months ending August 31, 2026, 13% of homes in Shalimar, FL 32579 sold above their list price, the typical home went under contract in 77 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold more slowly (59 days then) and the median sale price rose 12% to $494,786. Overall, Shalimar is about as competitive as it was a year ago.

Within Okaloosa County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Shalimar ranks #167 of 796 FL ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Destin 32541 (3% sold over asking) or Fort Walton Beach 32548 (7% sold over asking), while Crestview 32536 (17% sold over asking) is even more competitive.