Eagle Bay
Homes for Sale in Santa Rosa Beach, FL
All 830 homes for sale in Santa Rosa Beach, FL · median $1,195,000 · 838 homes for sale in 32459 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of September 2026, Eagle Bay in Santa Rosa Beach, FL has 8 homes for sale and 2 pending, asking from $295,900 to $900,000 (median $452,000). Over the 12 months ending 2026-09-12, 16 recorded sales closed at a median of $482,500, a median 60 days on market, sellers accepting 95% of original asking (+44% versus the prior year). Homes listed or recently sold were built 2006–2026 with 6 new construction; 4 of the 9 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $4,710 ($4,320 with the full homestead exemption).
Homes For Sale Right Now in Eagle Bay
Live MLS inventory for Eagle Bay. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 72 daysTop listing
Active · 164 days
Active · 416 days
Active · 64 days
Active · 32 days
Active · 26 days
Active · 415 daysActive · 9 days
Active · 227 days
Pending · 418 days
Pending · 21 daysActive and pending Eagle Bay listings as of 2026-09-17, priced high to low. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Tap any home to ask about it.
What sets price in Eagle Bay is condition and vintage, not a floor plan you can shop by list. The housing stock spans nearly a century — homes built as far back as 1923 and as recently as 2023 — with the median dating to 2007 and running about 2,028 square feet. That spread means two homes here can trade very differently based on how they've been kept and updated, so the median of $485,000 is a midpoint, not a menu. Treat it as a starting reference and price the actual house in front of you.
Posture right now favors sellers with a realistic asking strategy. Values are up 32.9% year over year and 245% since 2012, yet the median home still takes about 50 days to close and only 6 listings are active against 172 homes. That's a thin, slow-moving market with a heat score of 40 — momentum in price without frenzy in pace. Sellers can command the recent appreciation but should expect to wait; buyers have room to be selective and shouldn't feel rushed.
Eagle Bay right now
🟢 Buyer-leaning market. 6.8 months of supply and 18% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 12, 2026. Confidence: High (11 active and pending listings, 16 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($482K) is up 43.8% from the prior 12 months ($336K) and up 243% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 12. Confidence: Medium (16 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 19, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Eagle Bay market snapshot (as of September 12, 2026): the median sale price is about $482K, a median 61 days on market for closed sales, and 6.8 months of supply, a buyer-leaning market. The trailing-12-month median is up 44% from the prior 12 months and up 243% since 2012, computed from record-level Emerald Coast MLS closed sales (16 closings in the current window).
Flood zones in EAGLE BAY: of 8 listing addresses checked against the FEMA National Flood Hazard Layer, 50% sit outside the FEMA Special Flood Hazard Area (Zone X); 50% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in Santa Rosa Beach.
In ZIP 32459 (Santa Rosa Beach), 958 homes closed in the last 12 months at a median of $950K, up 0.2% year over year, with a median 81 days on market. Right now 501 active and 90 pending listings put supply at about 7.0 months — a buyer's market. See the live ZIP 32459 housing market and the Walton County market.
Eagle Bay is a community of 159 homes in Santa Rosa Beach, Walton County, built between 1923 and 2023 (median 2007), with a median living area of about 2,030 square feet. 49% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Eagle Bay is a small Santa Rosa Beach pocket in Walton County with a wide age range of homes and no shared amenities identified in current listings — a place where the individual property, not the community package, drives the decision.
The setting & the homes.
Aerial and on-site photos of Eagle Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Eagle BayEagle BayEagle BayEagle BayEagle BayEagle BayEagle BayEagle BayPhotos from Emerald Coast MLS listings in Eagle Bay; content deemed reliable but not guaranteed.
Who Eagle Bay is best for.
Best for
- Buyers who can evaluate a home on its own condition and vintage rather than a neighborhood template
- Sellers of updated homes ready to price into recent appreciation and wait out a roughly 50-day close
- Patient buyers comfortable with limited inventory who can move when the right listing appears
Probably not for
- Buyers who want a uniform, newer-construction subdivision with predictable pricing
- Anyone expecting shared amenities like a pool, gate, or clubhouse
- Buyers needing a fast close from a deep pool of available listings
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($482K) IS the median in the snapshot above, and the move from 2025 ($336K) IS the +43.8% one-year change.
Windows contain 6 to 41 sales each (16 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
20% of homes for sale in Eagle Bay are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-19).
EAGLE BAY Market Scorecard
EAGLE BAY is currently a buyer's market. About 7.2 months of supply, a median asking price of $474,000, and homes go under contract in about 78 days.
Typical home value in the 32459 ZIP is $864,108, about 71.4% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in EAGLE BAY, Santa Rosa Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Eagle Bay on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Van R Butler · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Eagle Bay listings and can change; always confirm with Walton County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Eagle Bay address.
Shop the zone: Homes zoned for South Walton High School
The Eagle Bay buying strategy.
If we were buying in Eagle Bay today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Eagle Bay.
A condition-driven market, not a spec one
With homes built from 1923 through 2023, Eagle Bay is not a uniform subdivision — it's an assembled neighborhood where a mid-2000s median build sits alongside much older and much newer stock. That variety is the whole story on pricing. A renovated home and a dated one of similar size can sit on opposite sides of the $485,000 median, so comps have to be read carefully and adjustments matter more here than in a cookie-cutter tract.
Just over half of homes carry a homestead exemption, at 50.3%, which points to a mix of owner-occupants and non-homesteaded property. No community amenities show up in current MLS listings, so buyers should value the location and the individual home rather than expecting a pool, gate, or clubhouse to carry weight. With only 6 active listings, choices are limited at any given moment and timing your search matters.
The location and the amenities are priced into every listing in Eagle Bay. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Eagle Bay buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (7.0). Basis: Long-Term Appreciation +243% since 2012; Recent Direction +43.8% year-over-year; Liquidity & Demand 6.8 months of supply; Owner Commitment 49% owner-occupied; Pricing Power 95.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
A market this thin — 6 active listings against 172 homes, with a century-wide range of build years — rewards someone who can price and read individual homes rather than lean on a neighborhood average. We'll tell you when a specific home justifies its number and when the $485,000 median is doing more work than the property behind it, and we'll help you plan around a roughly 50-day close instead of assuming a quick one.
Eagle Bay in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Eagle Bay buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Eagle Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Eagle Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Eagle Bay home worth?
Get a no-obligation home value based on real comparable sales in Eagle Bay, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Santa Rosa Beach →
Recently off market in EAGLE BAY
Homes in EAGLE BAY that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 87 Bald Eagle Drive · off market
Frequently Asked Questions
What is the median home price in Eagle Bay?
How long do homes in Eagle Bay take to sell?
Is Eagle Bay a buyer's or seller's market right now?
How many homes are in Eagle Bay?
What share of Eagle Bay is owner-occupied?
When were the homes in Eagle Bay built?
Have Eagle Bay home prices gone up?
Who is the best real estate agent for Eagle Bay?
How do I find a top Santa Rosa Beach real estate agent who knows Eagle Bay?
Can Momentum Realty connect me with an agent for Eagle Bay?
Where is Eagle Bay, and what county is it in?
Is Eagle Bay a good place to live?
Should you buy in Eagle Bay?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: September 17, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 12, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 32459)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2010 (213 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how EAGLE BAY fits the bigger picture — live prices, inventory, and Momentum Scores:
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