Hammock Bay - Mill Cottages
Homes for Sale in Freeport, FL
All 366 homes for sale in Freeport, FL · median $428,652 · 320 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 October 2026, Hammock Bay - Mill Cottages in Freeport, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $384,500, a median 93 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 2020–2021; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 54 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $3,750 ($3,370 with the full homestead exemption).
Part of the Hammock Bay master-planned community in Freeport, FL — see all Hammock Bay homes for sale (137 listings across 20 villages and sections in the MLS).
Hammock Bay - Mill Cottages right now
🔴 Seller-leaning market. 2.4 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.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 (1 active and pending listings, 5 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 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
Hammock Bay - Mill Cottages market snapshot (as of September 20, 2026): the median sale price is about $384K, a median 93 days on market for closed sales, and 2.4 months of supply, a seller-leaning market.
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.
County records show 14 qualified sales in HAMMOCK BAY - MILL COTTAGES across 2024–2025 (10 in 2024, 4 in 2025), median $370,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Hammock Bay - Mill Cottages is a community of 143 homes in Freeport, Walton County, built between 1972 and 2021 (median 2020), with a median living area of about 2,058 square feet. 57% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Hammock Bay - Mill Cottages. Swipe to explore the community.
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Hammock Bay - Mill Cottages
Hammock Bay - Mill Cottages
Hammock Bay - Mill Cottages
Hammock Bay - Mill Cottages
Hammock Bay - Mill Cottages
Hammock Bay - Mill CottagesPhotos from Emerald Coast MLS listings in Hammock Bay - Mill Cottages; content deemed reliable but not guaranteed.
Homes For Sale Right Now in Hammock Bay - Mill Cottages
Live MLS inventory for Hammock Bay - Mill Cottages. 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 - Mill Cottages listings as of 2026-10-19, 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.
Hammock Bay - Mill Cottages 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 contributors.
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 - Mill Cottages 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 - Mill Cottages address.
Shop the zone: Homes zoned for Freeport High School
The Hammock Bay - Mill Cottages buying strategy.
If we were buying in Hammock Bay - Mill Cottages 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.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
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 - Mill Cottages.
A closer look at the Hammock Bay - Mill Cottages market
Homes in Hammock Bay - Mill Cottages trade around a median of $384K, where condition and lot do more to set the final number than the asking price does.
Inventory runs at 2.4 months of supply, a seller-leaning market. Homes that do trade take a median 93 days on market, useful leverage on any listing that has lingered.
The housing stock is 143 homes built between 1972 and 2021, and 57% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Hammock Bay - Mill Cottages. 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 Hammock Bay - Mill Cottages 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 3 factors (6.5). Basis: Liquidity & Demand 2.4 months of supply; Owner Commitment 57% owner-occupied; Pricing Power 94.3% sale-to-list. Refreshed with each data update.
Email me new listings in Hammock Bay - Mill Cottages
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Hammock Bay - Mill Cottages
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Hammock Bay - Mill Cottages will answer, and the answer is published on this page for the next buyer.
What it really costs to own in Hammock Bay - Mill Cottages
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,213/yr across 3 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Walton County is $1,942/yr (433 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2020 across 5 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
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 - Mill Cottages 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 - Mill Cottages 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 - Mill Cottages, 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 - Mill Cottages home worth?
Get a no-obligation home value based on real comparable sales in Hammock Bay - Mill Cottages, 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 HAMMOCK BAY - MILL COTTAGES
Homes in HAMMOCK BAY - MILL COTTAGES 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. 1 on record.
- 324 This Way · off market
| Location | Freeport, Walton County, FL · ZIP 32439 |
|---|---|
| Homes in the community | 143 (FL DOR 2025 assessment roll) |
| Years built | 1972–2021 (median 2020) |
| Typical living area | 2,058 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Exercise Room, Fishing, Playground, Pool, Tennis Court(s), Community Room |
| Sale prices, last 12 months | $384,500 median across 5 closed sales |
| Days on market (closed sales) | 93 median |
| For sale right now | 1 active, 0 pending · median asking $419,900 · 2.4 months of supply |
| 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 - Mill Cottages key facts,” movewithmomentum.com/neighborhoods/hammock-bay-mill-cottages, data as of September 20, 2026.
Housing distress & ownership in HAMMOCK BAY - MILL COTTAGES, 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.
Every Home for Sale in Hammock Bay Mill Cottages Right Now (1)
All 1 active and pending Hammock Bay Mill Cottages listings with a detail page, newest first, refreshed twice a day from the MLS.
- 510 Earl Godwin Road · $416,000 · 4 bd / 2 ba · listed Jul 21, 2026 · listed by Realty ONE Group Emerald Coast
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- Freeport home values: what is my house worth?
- ZIP 32439 housing scorecard
Freeport guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Earl Godwin Road (2 homes on record)
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
29% 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 (2026-10-13).
Recent Developments in Hammock Bay Mill Cottages
Development, infrastructure, retail, and school activity affecting Hammock Bay Mill Cottages, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 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 site is about 11 miles northeast of Hammock Bay Mill Cottages.
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.
Frequently Asked Questions
What is the median home price in Hammock Bay - Mill Cottages?
How long do homes in Hammock Bay - Mill Cottages take to sell?
Is Hammock Bay - Mill Cottages a buyer's or seller's market right now?
How many homes are in Hammock Bay - Mill Cottages?
What share of Hammock Bay - Mill Cottages is owner-occupied?
When were the homes in Hammock Bay - Mill Cottages built?
Who is the best real estate agent for Hammock Bay - Mill Cottages?
How do I find a top Freeport real estate agent who knows Hammock Bay - Mill Cottages?
Can Momentum Realty connect me with an agent for Hammock Bay - Mill Cottages?
Where is Hammock Bay - Mill Cottages, and what county is it in?
Is Hammock Bay - Mill Cottages a good place to live?
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 19, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32439)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2022 (10 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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