Aerial view of Cherokee S/D

Cherokee S/D
Homes for Sale in Freeport, FL

All 374 homes for sale in Freeport, FL · median $429,502 · 377 homes for sale in 32439 · Walton County homes for sale

Community in Freeport · Walton County · ZIP 32439
6 homesBuilt 2022–2024
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Built fromLive Emerald Coast MLS data13 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, the MLS records 7 closed sales in Cherokee S/D in Freeport, FL since 2013, the most recent in September 2025. Across Freeport as a whole, 608 homes closed in the last 12 months at a median of $385,471, 71 median days on market, with 296 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $3,760 ($3,380 with the full homestead exemption).

CHEROKEE S/D key facts
LocationFreeport, Walton County, FL · ZIP 32439
Homes in the community6 (FL DOR 2025 assessment roll)
Years built2022–2024 (median 2022.0)
Typical living area2,704 sq ft (median)
Owner-occupied (homestead) share71%

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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “CHEROKEE S/D key facts,” movewithmomentum.com/neighborhoods/cherokee-s-d, data as of September 20, 2026.

Live · Cherokee S/D Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Ownership and context
71%
Owner-occupied · Cherokee S/D
5 of 7 parcels homesteaded (FL DOR 2025)
29%
Non-owner-occupied · Cherokee S/D
incl. 14% trust or LLC-held · 0% out-of-state
6
Homes in the community
plus 1 vacant residential lots · 7 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 2022
Community established
homes built 2022-2024, median 2022 (FL DOR 2025)
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cherokee S/D is a small pocket in Freeport, just 11 homes, so what sells and at what price is driven far more by the individual property than by any community trend. With a build range spanning 1973 to 2024 and a median year built of 2022, the inventory splits between decades-old original construction and recent builds. Condition and vintage, not location alone, set the number here.

The median living area sits near 2,023 square feet, and with a homestead share around 69%, most of these are owner-occupied rather than rentals or flips. For a buyer, that means you evaluate each listing on its own merits; for a seller, a well-kept newer home stands apart plainly against the older stock. Expect a wide spread in pricing that reflects age and condition more than any single benchmark.

Nearby homes for sale

No active listings inside CHEROKEE S/D right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

31 E Kathy Lane
$569K · 0.2 mi away
4 bd · 3 ba
31 E Kathy Lane
Listed by Cindy Cole Fine Homes LLC
13636 St Highway 20
$426K · 0.8 mi away
3 bd · 2 ba
13636 St Highway 20
Listed by HomeBiz Properties
342 Eastern Street
$700K · 0.8 mi away
4 bd · 3 ba
342 Eastern Street
Listed by Jan Hooks Real Estate Group Inc
13947 FL-20
$429K · 1.1 mi away
3 bd · 2 ba
13947 FL-20
Listed by Coldwell Banker Realty
14040 W St Hwy 20, Niceville FL, 32578
$519K · 1.2 mi away
5 bd · 5.5 ba
14040 W St Hwy 20, Niceville FL, 32578
Listed by Go Coastal Real Estate
14138 State Highway 20
$665K · 1.3 mi away
4 bd · 3 ba
14138 State Highway 20
Listed by The Realty Firm Inc

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Cherokee S/D is a very small Freeport subdivision where a handful of recent builds sit alongside homes dating back to the 1970s, giving the block an uneven mix rather than a uniform look.

Emerald Coast MLS sales records identify 6 homes in CHEROKEE S/D that have changed hands since 2013, built between 1984 and 2022 (median 2013), with a median living area of about 2,171 sq ft and a typical 4-bedroom, 2-bath layout; 83% 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.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers targeting a mid-size, roughly 2,000-square-foot home in Freeport
  • Owner-occupants comfortable in a small, mostly homesteaded subdivision
  • Patient buyers willing to wait for the right listing rather than chase volume

Probably not for

  • Buyers who require shared amenities like a pool or clubhouse
  • Those who want a large pool of comparable listings before committing
  • Buyers set on uniform, all-new construction with no older stock nearby

The market around Cherokee S/D

Cherokee S/D is too small for its own price trend, so here is the market around it.

In ZIP 32439, 535 homes are on the market and 26% are under contract — a steady corner of Freeport.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

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.

ZIP and county figures describe the wider market, not Cherokee S/D specifically. Momentum Research analysis of MLS records.

Cherokee S/D by the numbers

From county property records and closed MLS sales for the Cherokee S/D subdivision: 6 homes on record; built 1984–2022; typical size about 1,932 heated sq ft; 4 bedrooms is the median. Housing mix: single-family 83%.

YearRecorded salesMedian price
20131$194,900
20181$420,000
20221$475,000
20232$445,000
20251$182,900

Newest recorded sale: $182,900 on 2025-09-11.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

If we were buying in Cherokee S/D 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 Cherokee S/D.

Best Buy
Buyers who want a mid-size Freeport home and will judge each property on its own condition.
Biggest Risk
With only 11 homes, listings are scarce and comparisons are thin.
Sweet Spot
A well-maintained recent build near the 2,023-square-foot median.
Avoid If
You need community amenities or a steady stream of inventory to choose from.

A two-generation street

The defining fact of Cherokee S/D is the age gap. A median year built of 2022 tells you the recent construction weighs heavily, but the range back to 1973 means you may tour a brand-new home and a fifty-year-old one on the same visit. That matters for inspections, systems, and renovation math, so read each listing carefully rather than assuming the subdivision is new throughout.

No community amenities turn up in the current MLS listings, so buy here for the home itself and its Freeport, Walton County setting, not for shared facilities. At roughly 2,023 square feet median living space, the homes lean toward practical mid-size footprints. With only 11 homes total, listings are infrequent, and when the right one appears you will want to move on it deliberately.

“

The location and the amenities are priced into every listing in Cherokee S/D. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision this small, one or two listings a year can define the whole picture, so timing and per-home judgment matter more than market averages. We know how to weigh a 2024 build against a 1973 original, flag the condition questions that move price, and tell you honestly when a specific Cherokee S/D home does or does not fit your plan.

Cherokee S/D in 15 seconds.

Best forBuyers who want a mid-size Freeport home and will judge each property on its own condition.
Biggest advantageA genuine mix of new and older construction in one small subdivision.
Biggest riskWith only 11 homes, listings are scarce and comparisons are thin.
Sweet spotA well-maintained recent build near the 2,023-square-foot median.
Avoid ifYou need community amenities or a steady stream of inventory to choose from.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Cherokee S/D homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Cherokee S/D.
In short
  • 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.

The takeaway

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

What is your Cherokee S/D home worth?

Get a no-obligation home value based on real comparable sales in Cherokee S/D, 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 →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Cherokee S/D?
The Florida DOR 2025 assessment roll shows 6 homes plus 1 vacant residential lots in Cherokee S/D (public records).
What share of Cherokee S/D is owner-occupied?
71% of Cherokee S/D parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cherokee S/D built?
Homes in Cherokee S/D were built between 2022 and 2024, with a median year built of 2022.0 (FL DOR 2025 roll).
Who is the best real estate agent for Cherokee S/D?
The best agent for Cherokee S/D 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 Cherokee S/D.
How do I find a top Freeport real estate agent who knows Cherokee S/D?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cherokee S/D and the wider Freeport area.
Can Momentum Realty connect me with an agent for Cherokee S/D?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cherokee S/D purchase or sale - no call center and no pressure.
Where is Cherokee S/D, and what county is it in?
Cherokee S/D is in Freeport, Walton County, FL, ZIP 32439.
Buyers targeting a mid-size, roughly 2,000-square-foot home in FreeportExcellent fit
Owner-occupants comfortable in a small, mostly homesteaded subdivisionExcellent fit
Patient buyers willing to wait for the right listing rather than chase volumeExcellent fit
Buyers who require shared amenities like a pool or clubhouseProbably not
Those who want a large pool of comparable listings before committingProbably not
Buyers set on uniform, all-new construction with no older stock nearbyProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32439))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2013 (7 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.

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Nearby Communities

Explore more neighborhoods near Cherokee S/D with Momentum Realty’s local guides.

Lake Sharon Estates (Walton)0.2 mi away · 78 homes, built 1950–23, 1 for saleCherokee0.3 mi away · 114 homes, built 1920–24Mullet Creek0.6 mi awayChoctaw0.6 mi away · 50 homes, built 1964–23L1Lot 14 Blk B Mullet Creek Sd0.7 mi awayL1Lots 13 Blk B Mullet Creek Sd0.7 mi awayChoctaw S D0.7 mi awayChoctaw Beach0.7 mi away · 8 homes, built 1958–22

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