BAY GROVE in Freeport

BAY GROVE
Homes for Sale in Freeport, FL

Community in Freeport · Walton County · ZIP 32439
204 homesBuilt 1945–2024Median sale $1.03M
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Photo via emeraldcoast

Built fromLive emeraldcoast data29 years of closingsFL DOR public recordsUpdated twice daily
Live · BAY GROVE Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.03M
Median sold · 12 mo
up 30.2% vs the prior 12 months
+30.2%
1-yr price change
n = 4 and 4 sales in the two windows
89.9%
Sale vs ask
Walton median: 94.5%
+462%
T12M median vs 2012
from a $182K median in 2012
Tempo
120days
Median DOM · closed
9 days at the 2022 low
17%
Under contract
5 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
44%
Owner-occupied · BAY GROVE
102 of 229 parcels homesteaded (FL DOR 2025)
56%
Non-owner-occupied · BAY GROVE
incl. 17% trust or LLC-held · 22% out-of-state
0%
Cash buyers · BAY GROVE
0 of 4 sales, 12 mo ending July 2026
204
Homes in the community
plus 25 vacant residential lots · 229 residential parcels (FL DOR 2025)
Track record · 29 years of records
Est. 1945
Community established
homes built 1945-2024, median 1998 (FL DOR 2025)
2.0%/yr
Turnover rate
about 4 of 204 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bay Grove is a small, condition-driven pocket in Freeport where price is set less by a common product type and more by what any given house actually is. The homes span from 1945 to 2024 with a median build around 1998, so what you're buying can be anything from an older structure to newer construction. That spread — not a uniform subdivision — is what drives the median to roughly the low seven figures, and it means the median tells you almost nothing about the next specific listing.

The market posture here is slow and thin. With only 5 active listings, a handful of recent closings, and a median of about 120 days on market, this is not a place where you make a snap decision under pressure. Sellers should expect a longer marketing window and price to the specific home, not to the headline. Buyers get time to underwrite condition carefully, but they also have very little inventory to compare against.

BAY GROVE Housing Pulse · Momentum Research · as of July 25, 2026

BAY GROVE right now

🟢 Still climbing. The trailing-12-month median ($1.03M) is up 30.2% from the prior 12 months ($788K) and up 462% since 2012. With about 3 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 emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Low (4 and 4 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 25, 2026 · Live data: emeraldcoast, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

BAY GROVE market snapshot (as of July 25, 2026): the median sale price is about $1.03M, and a median 120 days on market for closed sales. The trailing-12-month median is up 30% from the prior 12 months and up 462% since 2012, computed from record-level emeraldcoast closed sales (4 closings in the current window).

BAY GROVE is a community of 204 homes in Freeport, Walton County, built between 1945 and 2024 (median 1998), with a median living area of about 2,084 square feet. 44% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Bay Grove is a small Freeport community of roughly 200 homes with a wide range of ages and no shared amenities identified in current listings, so value tracks the individual property rather than a package of community features.

Best for

  • Buyers comfortable at a median around $1,025,000 who want to underwrite one home carefully
  • Those open to a range of build years, from older structures to recent construction
  • Patient buyers who can wait out a long marketing window and low inventory

Probably not for

  • Buyers who need shared community amenities, which current listings don't identify
  • Anyone needing to close fast in a market with a 120-day median days on market
  • Buyers who want many comparable listings to negotiate against

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 25 of each year, from record-level emeraldcoast closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.03M) IS the median in the snapshot above, and the move from 2025 ($788K) IS the +30.2% one-year change.

Windows contain 0 to 6 sales each (4 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.

Median sale price · trailing 12 mo
$500K$1M20122014201620182020202220242026
Up 30.2% year over year; up 462% since 2012.
Median days on market · closed sales
025050075020122014201620182020202220242026
9 days at the 2022 low; 120 now.
Sale price vs original ask · median
85%90%95%20122014201620182020202220242026
89.9% now vs Walton 94.5%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 4 in the current window.
Indexed since 2012 · BAY GROVE vs Walton
200400600Walton +204%BAY GROVE +462%20122014201620182020202220242026
Same emeraldcoast record, indexed to 100 at 2012.

BAY GROVE Market Scorecard

Balanced

BAY GROVE is currently a balanced market., a median asking price of $585,000, and homes go under contract in about 133 days.

$585,000
Median list
$1,025,000
Median sold
133
Days on mkt
5/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: emeraldcoast, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in BAY GROVE

Live MLS inventory for BAY GROVE. 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 and pending BAY GROVE listings as of 2026-07-25, 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.

Listing locations from emeraldcoast. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Walton County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Freeport · Elementary
  • Freeport · Middle
  • Freeport · High

Zoned schools reflect the assignments reported on recent BAY GROVE 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 BAY GROVE address.

If we were buying in BAY GROVE today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 BAY GROVE.

Best Buy
Buyers who want to value a specific home rather than a uniform subdivision product.
Biggest Risk
Thin inventory and a 120-day median mean slow, deliberate deals in both directions.
Sweet Spot
A well-inspected home priced to its own condition rather than the neighborhood median.
Avoid If
You need a quick transaction or lots of comparable listings to choose from.

A condition-driven market, not a subdivision

The defining fact of Bay Grove is variability. A build range from 1945 to 2024 around a 1998 median, a median living area near 2,084 square feet, and no identified community amenities mean there is no template here. Each home stands on its own age, condition, and lot. That's why the median price of $1,025,000 should be read as a midpoint across a genuinely wide field, not as a going rate.

Longer-term the trend has been steep — up 462% since 2012 and 30.2% year over year — but the current 120-day median days on market says today's pace is deliberate. Just under half the homes carry a homestead exemption, so this is a mix of owner-occupied and non-homestead property. For buyers, the takeaway is simple: get the inspection right and value the specific house, because the neighborhood average won't do that work for you.

The location and the amenities are priced into every listing in BAY GROVE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.9B- · Buy Score
Long-Term Appreciation10.0/10
Recent Direction10.0/10
Owner Commitment4.5/10
Pricing Power3.2/10

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 4 factors (6.9). Basis: Long-Term Appreciation +462% since 2012; Recent Direction +30.2% year-over-year; Owner Commitment 44% owner-occupied; Pricing Power 89.9% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this thin and this varied, the median is a starting point, not an answer. We underwrite each Bay Grove home on its own age, condition, and lot, and we set expectations honestly on timing — a longer marketing window is normal here, and pricing to the specific property beats chasing the headline number.

BAY GROVE in 15 seconds.

Best forBuyers who want to value a specific home rather than a uniform subdivision product.
Biggest advantageA wide range of home ages and sizes means real optionality if you're patient.
Biggest riskThin inventory and a 120-day median mean slow, deliberate deals in both directions.
Sweet spotA well-inspected home priced to its own condition rather than the neighborhood median.
Avoid ifYou need a quick transaction or lots of comparable listings to choose from.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed BAY GROVE sales matched to your home.

What is your BAY GROVE home worth?

Get a no-obligation home value based on real comparable sales in BAY GROVE, 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 homes for sale in BAY GROVE on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in BAY GROVE?
The median sale price in BAY GROVE was $1.03M over the 12 months ending July 25, 2026 (4 closed sales, emeraldcoast).
How long do homes in BAY GROVE take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 120 days on market (4 sales, emeraldcoast).
How many homes are in BAY GROVE?
The Florida DOR 2025 assessment roll shows 204 homes plus 25 vacant residential lots in BAY GROVE (public records).
What share of BAY GROVE is owner-occupied?
44% of BAY GROVE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in BAY GROVE built?
Homes in BAY GROVE were built between 1945 and 2024, with a median year built of 1998 (FL DOR 2025 roll).
Do cash buyers compete in BAY GROVE?
Cash buyers took 0% of BAY GROVE sales in the 12 months ending July 2026 (0 of 4 closings, emeraldcoast).
Have BAY GROVE home prices gone up?
The trailing-12-month median is up 462% since 2012, from $182K to $1.03M (emeraldcoast closed records).
Who is the best real estate agent for BAY GROVE?
The best agent for BAY GROVE is one who actively works Freeport and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for BAY GROVE.
How do I find a top Freeport real estate agent who knows BAY GROVE?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows BAY GROVE and the wider Freeport area.
Can Momentum Realty connect me with an agent for BAY GROVE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your BAY GROVE purchase or sale - no call center and no pressure.
Buyers comfortable at a median around $1,025,000 who want to underwrite one home carefullyExcellent fit
Those open to a range of build years, from older structures to recent constructionExcellent fit
Patient buyers who can wait out a long marketing window and low inventoryExcellent fit
Buyers who need shared community amenities, which current listings don't identifyProbably not
Anyone needing to close fast in a market with a 120-day median days on marketProbably not
Buyers who want many comparable listings to negotiate againstProbably not

Nearby Communities

Explore more neighborhoods near BAY GROVE with Momentum Realty’s local guides.

WOWatersound Origins Santa Rosa BeachFreeport, FL · 13.4 miLMLatitude Margaritaville Watersound Panama City BeachFreeport, FL · 17.1 miDMDeer Moss Creek NicevilleFreeport, FL · 18.0 miBPBreakfast Point East Panama City BeachFreeport, FL · 20.3 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32439))
Historical depthClosed-sale records back to 1997 (61 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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