ZIP 32461 vs ZIP 32459

32461 is one of 7 ZIP codes that lie mostly in Walton County, FL.

Shaded by typical home value, it ranks 1 of the 7 with a value.

32459 is one of 7 ZIP codes that lie mostly in Walton County, FL.

Shaded by typical home value, it ranks 2 of the 7 with a value.

6 school locations in 32459: 3 elementary, 1 middle, 2 high.

In alphabetical order: BAY SCHOOL, DUNE LAKES ELEMENTARY SCHOOL, EMERALD COAST MIDDLE SCHOOL, SEASIDE NEIGHBORHOOD SCHOOL, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 32461 was worth $399,440.

Values peaked at $1,774,608 in July 2022. The latest reading is −20.1% from that peak.

As of August 2026: $1,418,278, +2.0% over twelve months.

Start with the typical home: $1,418,278. Put 20% down and borrow $1,134,622 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $7,856 a month in principal and interest.

The median household here earns $146,393 a year, $12,199 a month. So the payment takes 64.4% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 18.1% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $2,392.

In December 2020, with rates at 2.68%, it was $3,257.

By August 2026, at 6.67%, it was $7,297 — +124% since December 2020, while the home's value moved +41%.

Reported values rose +255% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $788,336. So the real change is +80%, not +255%.

32461: +255% since January 2000.

Walton County: +210% since January 2000.

Florida: +245% since January 2000 — 32461 ran ahead of it by 10 points.

Owning the typical home costs about $9,274 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $3,240 a month.

Price divided by a year's rent: 36.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 32459 was worth $240,438.

Values peaked at $1,059,643 in July 2022. The latest reading is −19.0% from that peak.

As of August 2026: $858,445, +0.4% over twelve months.

Start with the typical home: $858,445. Put 20% down and borrow $686,756 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $4,755 a month in principal and interest.

The median household here earns $101,067 a year, $8,422 a month. So the payment takes 56.5% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 15.8% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,440.

In December 2020, with rates at 2.68%, it was $2,015.

By August 2026, at 6.67%, it was $4,416 — +119% since December 2020, while the home's value moved +38%.

Reported values rose +257% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $474,529. So the real change is +81%, not +257%.

32459: +257% since January 2000.

Walton County: +210% since January 2000.

Florida: +245% since January 2000 — 32459 ran ahead of it by 12 points.

Owning the typical home costs about $5,613 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,880 a month.

Price divided by a year's rent: 38.1. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 86 a month (Redfin, 3-month rolling data through August 2026). That is 140% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 401. That is 101% of the 2015–2019 level for the same months.

Going out — closed sales: about 71 a month. That is 133% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 5.7 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 15 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 71 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 47 — so sales ran at 151% of it, and below it in 9 of the last 24 months.

Across Walton County, builders pulled permits for 2,399 new homes in 2025.

Of those, 59% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 156 a month (Redfin, 3-month rolling data through August 2026). That is 143% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 785. That is 122% of the 2015–2019 level for the same months.

Going out — closed sales: about 117 a month. That is 103% of the 2015–2019 level for the same months. The drain is drawn 14% narrower: the share of homes for sale that sell each month is 86% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 6.7 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 38 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 117 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 98 — so sales ran at 119% of it, and below it in 16 of the last 24 months.

Across Walton County, builders pulled permits for 2,399 new homes in 2025.

Of those, 59% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Walton County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,436 moved in. Among the ten receiving the most, 1,166 moved out.

Net across those counties: +270 households. Beside it, homes for sale in this ZIP: 401 in June 2026.

Most arrivals came from Okaloosa, FL (860 households); most departures went to Okaloosa, FL (544).

This ZIP sits in Walton County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,436 moved in. Among the ten receiving the most, 1,166 moved out.

Net across those counties: +270 households. Beside it, homes for sale in this ZIP: 785 in June 2026.

Most arrivals came from Okaloosa, FL (860 households); most departures went to Okaloosa, FL (544).