Freeport
Housing Market
Median sale price $388,623, down 3.2% year over year, with homes going under contract in about 69 days, 234 homes on the market.
Momentum
Your exact situation run against today's numbers: true comps, negotiation targets, and the off-market homes portals never show.
Selling instead? See what your home is worth today →
Housing Market Analyst
Prices are down 3.2% versus the prior year, but sellers are still collecting 96.6% 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.
- Mortgage sensitivity — at 8.2× 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 (37 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 $388,623, down 3.2% from a year ago. The typical home goes under contract in about 69 days. Sellers are capturing 96.6% of their original asking price on average.
There are 234 active listings on the market, with 80 more already under contract.
Freeport prices sit below the Walton County median by roughly 39%. Zillow's home value index for Walton County stands at $654,436. 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 55 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
Freeport since 2012 — and where it’s heading
A median home here sold for $218,265 in 2012 and $418,730 over the last recorded year — 92% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (4,233 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Walton County (Zillow ZHVI)
For-sale inventory · county (Zillow)
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.
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 | $389K | 234 | 55 | |
| Santa Rosa Beach | $925K | 359 | 47 | Open → |
| Miramar Beach | $778K | 346 | 40 | Open → |
| Inlet Beach | $1.54M | 127 | 40 | Open → |
| Defuniak Springs | $190K | 41 | 50 | Open → |
Neighborhoods on the move
| CROSS CREEKFreeport | $329K | ▲ 14% |
| OWL'S HEADFreeport | $374K | ▲ 4% |
| HAMMOCK BAY - BIRD SONGFreeport | $525K | ▲ 3% |
| HAMMOCK BAY - STARBURSTFreeport | $515K | ▲ 2% |
| Hammock Oaks EstatesFreeport | $529K | ▲ 1% |
| HAMMOCK BAYFreeport | $478K | ▼ 12% |
| WINDSWEPT ESTATESFreeport | $532K | ▼ 9% |
| MAGNOLIA BAY ESTATESFreeport | $550K | ▼ 6% |
| Ashton ParkFreeport | $342K | ▼ 4% |
| BEAR CREEK COTTAGESFreeport | $524K | ▼ 4% |
| HAMMOCK BAYFreeport | $478K | 64 |
| HAMMOCK BAY - BIRD SONGFreeport | $525K | 15 |
| WINDSWEPT ESTATESFreeport | $532K | 15 |
| Ashton Park Phase IIIFreeport | $336K | 14 |
| Magnolia at the BluffsFreeport | $302K | 14 |
| OWL'S HEAD EASTFreeport | $303K | 40 days |
| CROSS CREEKFreeport | $329K | 44 days |
| Lafayette Creek LandingFreeport | $330K | 52 days |
| MAGNOLIA BAY ESTATESFreeport | $550K | 54 days |
| Magnolia at the BluffsFreeport | $302K | 58 days |
Freeport ZIP codes
Most active communities
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 55/100. 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 $388,623, down 3.2% versus the prior year, while sellers still capture 96.6% 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 HAMMOCK BAY (-12%); WINDSWEPT ESTATES (-9%); MAGNOLIA BAY ESTATES (-6%). 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 OWL'S HEAD EAST (40 days); CROSS CREEK (44 days); Lafayette Creek Landing (52 days) — homes there go under contract well ahead of the market-wide pace of 69 days.
How does Freeport compare to the rest of Walton County?
Freeport's median of $388,623 runs 39% below the county-wide median of $640,000, and homes here take 69 days to go under contract versus 77 county-wide.
Freeport housing market FAQ
What is the median home price in Freeport?
The median sale price in Freeport is currently $388,623, down 3.2% from a year ago, based on MLS sales data updated August 6, 2026.
Is Freeport a buyer's or seller's market right now?
The data currently is roughly balanced. Freeport scores 55 of 100 on the Momentum Score. 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 69 days, per current MLS data.
How many homes are for sale in Freeport?
There are approximately 234 active listings in Freeport as of August 6, 2026.
Are home prices in Freeport rising or falling?
Median sale prices are down 3.2% 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: August 6, 2026 at 7:18 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.