Bay Grove
Homes for Sale in Freeport, FL
All 379 homes for sale in Freeport, FL · median $428,000 · 340 homes for sale in 32439 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of September 2026, Bay Grove in Freeport, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $900,000, a median 184 days on market, sellers accepting 83% of original asking (+0% versus the prior year). Homes listed or recently sold were built 1950–2025 with 1 new construction; 3 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $8,780 ($8,400 with the full homestead exemption).
| Location | Freeport, Walton County, FL · ZIP 32439 |
|---|---|
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Dock, Fishing, Short Term Rental - Allowed, Waterfront, BBQ Pit/Grill, Fire Alarm |
| Sale prices, last 12 months | $900,000 median across 5 closed sales · +0.0% vs the prior 12 months |
| Days on market (closed sales) | 184 median |
| For sale right now | 3 active, 1 pending · median asking $550,000 · 7.2 months of supply |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “BAY GROVE key facts,” movewithmomentum.com/neighborhoods/bay-grove, data as of September 20, 2026.
Last 30 days in Bay Grove: 1 under contract right now, 1 closed sale (median $850,000). As of September 27, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
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 · 90 daysTop listingActive · 74 days
Active · 190 days
Pending · 530 daysActive and pending Bay Grove listings as of 2026-09-28, 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.
Every Home for Sale in Bay Grove Right Now (4)
All 4 active and pending Bay Grove listings with a detail page, newest first, refreshed twice a day from the MLS.
- 258 W Bayou Forest Drive · $550,000 · 3 bd / 2 ba · listed Jul 8, 2026 · listed by Coldwell Banker Realty
- 2838 Bay Grove Road · $1,174,000 · 4 bd / 3.5 ba · listed Jun 27, 2026 · listed by Realty Mark Associates
- 58 Hankins Road · $400,000 · 3 bd / 2.5 ba · listed Jun 27, 2026 · listed by Coldwell Banker Realty
- 2894 Bay Grove Road · $550,000 · 2 bd / 1 ba · pending · listed Jun 27, 2026 · listed by Coldwell Banker Realty
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 right now
🟢 Buyer-leaning market. 7.2 months of supply and 25% 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 20, 2026. Confidence: Medium (4 active and pending listings, 5 closed sales in 12 months).
🟡 Still climbing. The trailing-12-month median ($900K) is up 0.0% from the prior 12 months ($900K) and up 567% 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 Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (5 and 5 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Walton County sale ($900K vs $400K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 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
Bay Grove market snapshot (as of September 20, 2026): the median sale price is about $900K, a median 184 days on market for closed sales, and 7.2 months of supply, a buyer-leaning market. The trailing-12-month median is up 0% from the prior 12 months and up 567% since 2012, computed from record-level Emerald Coast MLS closed sales (5 closings in the current window).
In ZIP 32439 (Freeport), 679 homes closed in the last 12 months at a median of $385K, down 3.3% year over year, with a median 70 days on market. Right now 301 active and 108 pending listings put supply at about 5.5 months — a buyer's market. See the live ZIP 32439 housing market and the Walton County market.
Emerald Coast MLS sales records identify 47 homes in BAY GROVE that have changed hands since 2001, built between 1945 and 2025 (median 1984), with a median living area of about 1,978 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
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.
The setting & the homes.
Aerial and on-site photos of Bay Grove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Bay GrovePhotos from Emerald Coast MLS listings in Bay Grove; content deemed reliable but not guaranteed.
Who Bay Grove is best for.
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 September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($900K) IS the median in the snapshot above, and the move from 2025 ($900K) IS the +0.0% one-year change.
Windows contain 0 to 5 sales each (5 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.
28% of homes for sale in ZIP 32439 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 (2026-09-24).
Bay Grove Market Scorecard
Bay Grove is currently a buyer-leaning market. About 7.2 months of supply, a median asking price of $550,000, and homes go under contract in about 90 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in BAY GROVE, Freeport
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.
Bay Grove 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
- 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.
Shop the zone: Homes zoned for Freeport High School
The Bay Grove buying strategy.
If we were buying in Bay Grove 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 Bay Grove.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Bay Grove 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 4 factors (4.7). Basis: Long-Term Appreciation +567% since 2012; Recent Direction +0.0% year-over-year; Liquidity & Demand 7.2 months of supply; Pricing Power 83.3% 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.
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 Bay Grove 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 Bay Grove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bay Grove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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 all homes for sale in Freeport →
Recently off market in BAY GROVE
Homes in BAY GROVE 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. 2 on record.
- 2744 Bay Grove Road · off market
- 862 Bay Grove Road · off market
Frequently Asked Questions
What is the median home price in Bay Grove?
How long do homes in Bay Grove take to sell?
Is Bay Grove a buyer's or seller's market right now?
Have Bay Grove home prices gone up?
Who is the best real estate agent for Bay Grove?
How do I find a top Freeport real estate agent who knows Bay Grove?
Can Momentum Realty connect me with an agent for Bay Grove?
Where is Bay Grove, and what county is it in?
Is Bay Grove a good place to live?
Should you buy in Bay Grove?
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 28, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 1997 (63 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 BAY GROVE fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Bay Grove with Momentum Realty’s local guides.
More on Bay Grove
- Home values · What homes in Bay Grove actually sell for
- Find an agent · How to choose the best real estate agent in Bay Grove