Blackwater Reserve vs Liberty Farms
Two Santa Rosa communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-10-02.
| Metric | Blackwater Reserve | Liberty Farms |
|---|---|---|
| Median sale price | $332K | $306K |
| Price per sq ft | $175 | $152 |
| Avg days on market | 59 days | 0 days |
| Months of supply | 1.9 mo | 2.5 mo |
| Market | Seller's Market | Seller's Market |
| 1-year price change | False | False |
| Recent closings | 109 | 29 |
The verdict
Blackwater Reserve carries the higher median price — about 8% above Liberty Farms. Homes in Liberty Farms sell faster (0 days on market vs 59). Blackwater Reserve is the tighter market on inventory (1.9 months of supply).
Where each one is
Blackwater Reserve and Liberty Farms are about 4 miles apart (straight-line, center to center) and share Santa Rosa County.
| Blackwater Reserve | Liberty Farms | |
|---|---|---|
| County | Santa Rosa County, FL | Santa Rosa County, FL |
| City / area | Milton | Milton |
| ZIP | 32583 | 32583 |
| FEMA flood zones (sampled parcels) | all 36 sampled homes outside a flood zone | all 17 sampled homes outside a flood zone |
Distances are straight-line; driving distance is usually 15 to 30 percent more. Flood-zone shares come from FEMA flood maps matched to sampled parcels; always check the exact address before you close.
What is for sale today
| Blackwater Reserve | Liberty Farms | |
|---|---|---|
| Homes for sale now | 17 | 6 |
| Under contract | 13 | 4 |
| Asking prices today | $300K to $390K | $300K to $340K |
| Listed in the last 7 days | 17 | 6 |
| Property types listed | Single Family Residence | Single Family Residence |
Live MLS counts, refreshed with every listing pull. Browse them: Blackwater Reserve homes for sale · Liberty Farms homes for sale.
The homes themselves
| Blackwater Reserve | Liberty Farms | |
|---|---|---|
| Homes (parcels) | 44 | 3 |
| Built | n/a | n/a |
| Typical living area | n/a | n/a |
| Homesteaded (owner-occupied) share | 0% | 0% |
| Vacant lots | 20 | 2 |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
How each one trades
| Blackwater Reserve | Liberty Farms | |
|---|---|---|
| Sale-to-original-list | 96.4% | 98.5% |
| New-construction share of sales | 100% | 100% |
| Typical sold home | 1,856 sq ft | 1,787 sq ft |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| Blackwater Reserve | Liberty Farms | |
|---|---|---|
| Elementary | East Milton | Bagdad |
| Middle | King | R. Hobbs |
| High school | Milton | Milton |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Liberty Farms is the lower entry point (median $306K vs $332K).
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is Blackwater Reserve more expensive than Liberty Farms?
Yes, on recent sales: the median sale price in Blackwater Reserve is $332,000 versus $306,000 in Liberty Farms, about 8% higher.
How far apart are Blackwater Reserve and Liberty Farms?
About 4 miles straight-line, center to center, both in Santa Rosa County; driving distance is usually 15 to 30 percent more.
Where do sellers get closer to asking price?
Liberty Farms — sellers there received 98.5% of the original list price over the last 12 months versus 96.4% in Blackwater Reserve.
What high schools serve Blackwater Reserve and Liberty Farms?
Listings in Blackwater Reserve most often report Milton; listings in Liberty Farms report Milton. Zoning is set by the district and can change - verify by address.
Go deeper on each: Blackwater Reserve homes, photos & schools · Liberty Farms homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.