Hammock Bay - Crescent
Homes for Sale in Freeport, FL
All 373 homes for sale in Freeport, FL · median $426,028 · 374 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, Hammock Bay - Crescent in Freeport, FL has 1 home for sale. As of September 2026, the MLS records 1 closed sale in Hammock Bay - Crescent in Freeport, FL, the most recent in May 2023. 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).
Part of the Hammock Bay master-planned community in Freeport, FL — see all Hammock Bay homes for sale (140 listings across 20 villages and sections in the MLS).
| Location | Freeport, Walton County, FL · ZIP 32439 |
|---|---|
| Homes in the community | 74 (FL DOR 2025 assessment roll) |
| Years built | 1972–2021 (median 2019.0) |
| Typical living area | 1,919 sq ft (median) |
| Amenities listed by sellers | BBQ Pit/Grill, Community Room, Exercise Room, Fishing, Pavillion/Gazebo, Pets Allowed |
| For sale right now | 1 active, 0 pending · median asking $350,000 |
| Owner-occupied (homestead) share | 57% |
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, “HAMMOCK BAY - CRESCENT key facts,” movewithmomentum.com/neighborhoods/hammock-bay-crescent, data as of September 20, 2026.
With just one active listing in HAMMOCK BAY - CRESCENT as of mid-2026, this is a thin-inventory pocket where a single home sets the tone. There's no median price to anchor to here, so pricing comes down to that lone property's condition, lot, and finishes rather than any broad community trend.
For a buyer, that means patience: you're waiting for the right door to open, and comparables will lean on the wider Hammock Bay and Freeport market rather than this specific slice. For a seller, low competition can work in your favor, but it also means the burden of setting a credible price falls on you and your agent, not on a crowded comp set.
The 60-Second Overview
HAMMOCK BAY - CRESCENT is a small subsection within the larger Hammock Bay area of Freeport, in Walton County. With inventory this limited, it trades more on timing than on volume.
County records show 9 qualified sales in HAMMOCK BAY - CRESCENT across 2024–2025 (7 in 2024, 2 in 2025), median $365,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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.
Who Hammock Bay - Crescent is best for.
Best for
- Buyers set on the Hammock Bay area who can wait for the right listing to surface
- Sellers who want low direct competition and are willing to price against the wider market
- Buyers who value a specific home's condition and lot over having many options
Probably not for
- Buyers who need to compare several homes within one subsection before deciding
- Buyers on a tight timeline who can't wait for inventory to appear
- Buyers relying on a deep local comp set to justify their offer
The market around Hammock Bay - Crescent
Hammock Bay - Crescent 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 Hammock Bay - Crescent specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in HAMMOCK BAY - CRESCENT, 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.
Homes For Sale Right Now in Hammock Bay - Crescent
Live MLS inventory for Hammock Bay - Crescent. 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 Hammock Bay - Crescent 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.
Every Home for Sale in Hammock Bay Crescent Right Now (1)
All 1 active and pending Hammock Bay Crescent listings with a detail page, newest first, refreshed twice a day from the MLS.
- 427 Earl Godwin Road · $350,000 · 3 bd / 2 ba · listed Jul 28, 2026 · listed by Gilbert Realty
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 Hammock Bay - Crescent 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 Hammock Bay - Crescent address.
Shop the zone: Homes zoned for Freeport High School
Recent Developments in Hammock Bay Crescent
Development, infrastructure, retail, and school activity affecting Hammock Bay Crescent, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Infrastructure
Scenic Walton advances underground utilities and gateway landscape projects
Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.
What it may mean for the marketAdvances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The project is about 25 miles east of Hammock Bay Crescent, elsewhere in Walton County.
Source: Get The Coast - June 2026Civic
DeSantis signs state budget with funding for Okaloosa County projects
Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.
What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 4 miles southeast of Hammock Bay Crescent.
Source: Get The Coast
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Hammock Bay - Crescent buying strategy.
If we were buying in Hammock Bay - Crescent 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Hammock Bay - Crescent.
A one-listing market in Freeport
Crescent sits inside Hammock Bay, a planned community in Freeport on the inland side of Walton County. What that broader area offers in amenities isn't reflected in this specific segment's current MLS data, so we won't claim what we can't verify from the listing itself.
The practical read is straightforward: with a single active listing, this is not a place to comparison-shop within the subsection. You evaluate the one home on its own merits, then benchmark against the surrounding Hammock Bay and Freeport supply to judge whether the price holds up.
The location and the amenities are priced into every listing in Hammock Bay - Crescent. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a subsection has one listing, the value we add is context — pulling comparables from the wider Hammock Bay and Freeport market, reading whether the current price is grounded, and telling you plainly when the single available home doesn't fit what you actually want. We'd rather point you to the right block than push the only one on the shelf.
Hammock Bay - Crescent 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 Hammock Bay - Crescent 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 Hammock Bay - Crescent sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hammock Bay - Crescent, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hammock Bay - Crescent home worth?
Get a no-obligation home value based on real comparable sales in Hammock Bay - Crescent, 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 →
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).
Frequently Asked Questions
How many homes are in Hammock Bay - Crescent?
What share of Hammock Bay - Crescent is owner-occupied?
When were the homes in Hammock Bay - Crescent built?
Who is the best real estate agent for Hammock Bay - Crescent?
How do I find a top Freeport real estate agent who knows Hammock Bay - Crescent?
Can Momentum Realty connect me with an agent for Hammock Bay - Crescent?
Where is Hammock Bay - Crescent, and what county is it in?
Should you buy in Hammock Bay - Crescent?
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: July 25, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32439)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (1 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.
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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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