Freeport
Housing Market
Median sale price $385,471, down 3.1% year over year, with homes going under contract in about 71 days, 298 homes on the market.
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Housing Market Analyst
Inventory sits at 5.5 months of supply — balanced by the 3-to-6-month balanced benchmark, and 26% of listed homes are already under contract. Prices are down 3.1% versus the prior year, but sellers are still collecting 96.2% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 26% of inventory sits under contract.
- Mortgage sensitivity — at 8.3× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Freeport data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where Freeport is hot — and where it isn't
Each dot is a community (35 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Freeport
The median sale price across Freeport currently stands at $385,471, down 3.1% from a year ago. The typical home goes under contract in about 71 days. Sellers are capturing 96.2% of their original asking price on average.
There are 298 active listings on the market, with 91 more already under contract. At the current sales pace that works out to 5.5 months of supply — roughly balanced conditions by the standard six-month benchmark. 605 homes closed here over the trailing 12 months.
Freeport prices sit below the Walton County median by roughly 30%. Zillow's home value index for Walton County stands at $659,312. About 21% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Freeport is 48 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 16, 2026.
Freeport since 2012 — and where it’s heading
A median home here sold for $226,235 in 2012 and $415,670 over the last recorded year — 84% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (4,256 recorded sales)
Days on market by year
Home value trend · Walton County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Walton County (MLS)
Median price · daily recalculation
What’s driving Freeport
Top inbound states: GA, TX, AL, TN. Movers arriving report ~$178,385 average income. Source: IRS SOI county-to-county migration, 2022-2023
433 Citizens policies in force in Walton County — the state-backed insurer of last resort. Budget insurance into any Walton purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,427 single-family · 972 multi-family · 30.0 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in Freeport right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up across Walton County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Freeport ← this page | $385K | 298 | 48 | |
| Santa Rosa Beach | $950K | 313 | 41 | Open → |
| Miramar Beach | $778K | 312 | 33 | Open → |
| Watersound | $928K | 160 | 57 | Open → |
| Monroe | $470K | 75 | 51 | Open → |
| Inlet Beach | $1.11M | 48 | 33 | Open → |
Neighborhoods on the move
| OWL'S HEADFreeport | $385K | ▲ 8% |
| HAMMOCK BAY - STARBURSTFreeport | $521K | ▲ 3% |
| HAMMOCK BAY - BIRD SONGFreeport | $520K | ▲ 2% |
| NatureviewFreeport | $400K | ▲ 2% |
| OWLS HEAD FARMSFreeport | $350K | ▲ -1% |
| BEAR CREEK COTTAGESFreeport | $524K | ▼ 11% |
| MAGNOLIA BAY ESTATESFreeport | $539K | ▼ 9% |
| HAMMOCK BAYFreeport | $500K | ▼ 8% |
| Ashton ParkFreeport | $340K | ▼ 6% |
| WINDSWEPT ESTATESFreeport | $532K | ▼ 6% |
| HAMMOCK BAYFreeport | $500K | 66 |
| NatureviewFreeport | $400K | 26 |
| WINDSWEPT ESTATESFreeport | $532K | 26 |
| Ashton ParkFreeport | $340K | 18 |
| HAMMOCK BAY - BIRD SONGFreeport | $520K | 17 |
| HAMMOCK BAY - BIRD SONGFreeport | $520K | 3 days |
| CROSS CREEKFreeport | $334K | 44 days |
| OWL'S HEAD EASTFreeport | $300K | 48 days |
| NatureviewFreeport | $400K | 50 days |
| Lafayette Creek LandingFreeport | $330K | 52 days |
Freeport ZIP codes
Most active communities
More on Freeport
Put this data to work
The questions people actually ask
Should I buy a house in Freeport right now?
The data says conditions currently favor neither side decisively in Freeport — the Momentum Score reads 48/100 with 5.5 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Freeport becoming more affordable?
Yes, modestly — the median sale price in Freeport is $385,471, down 3.1% versus the prior year, while sellers still capture 96.2% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Freeport?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are BEAR CREEK COTTAGES (-11%); MAGNOLIA BAY ESTATES (-9%); HAMMOCK BAY (-8%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Freeport neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are HAMMOCK BAY - BIRD SONG (3 days); CROSS CREEK (44 days); OWL'S HEAD EAST (48 days) — homes there go under contract well ahead of the market-wide pace of 71 days.
How does Freeport compare to the rest of Walton County?
Freeport's median of $385,471 runs 30% below the county-wide median of $549,900, and homes here take 71 days to go under contract versus 76 county-wide.
Freeport housing market FAQ
How is the housing market in Freeport right now?
As of September 16, 2026, the Freeport housing market is roughly balanced: the median sale price is $385,471 (down 3.1% year over year), 298 homes are for sale against 605 sales in the last 12 months, which is 5.5 months of supply, and the typical home goes under contract in about 71 days.
How much is a house in Freeport?
The median home sold for $385,471 in Freeport over the last 12 months; asking prices on the 298 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Freeport?
By the numbers, sellers in Freeport are getting 96.2% of asking price and going under contract in about 71 days with 5.5 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Freeport housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Freeport median sale prices are down 3.1% year over year, inventory stands at 5.5 months of supply, and 26% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Freeport?
The median sale price in Freeport is currently $385,471, down 3.1% from a year ago, based on MLS sales data updated September 16, 2026.
Is Freeport a buyer's or seller's market right now?
The data currently is roughly balanced. Freeport scores 48 of 100 on the Momentum Score, with 5.5 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Freeport?
The typical home in Freeport goes under contract in about 71 days, per current MLS data.
How many homes are for sale in Freeport?
There are approximately 298 active listings in Freeport as of September 16, 2026.
Are home prices in Freeport rising or falling?
Median sale prices are down 3.1% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Freeport. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 16, 2026 at 7:48 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.