Hammock Bay - Starburst in Freeport

Hammock Bay - Starburst
Homes for Sale in Freeport, FL

All 353 homes for sale in Freeport, FL · median $421,074 · 358 homes for sale in 32439 · Walton County homes for sale

Community in Freeport · Walton County · ZIP 32439
57 homesBuilt 2024–2024Median sale $521K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data2 years of closingsFL DOR public recordsUpdated twice daily

As of November 2026, Hammock Bay - Starburst in Freeport, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 19 recorded sales closed at a median of $521,343 (+3% versus the prior year's median), a median 89 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2024–2026 with 8 new construction; 12 of 12 report an HOA (median $140/mo); 1 of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 8 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $5,090 ($4,700 with the full homestead exemption).

Part of the Hammock Bay master-planned community in Freeport, FL — see all Hammock Bay homes for sale (125 listings across 20 villages and sections in the MLS).

Last 30 days in Hammock Bay - Starburst: 2 closed sales (median $552,450). As of November 6, 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.

Live · Hammock Bay - Starburst Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$521K ▲
Median sold · 12 mo
up 2.9% vs the prior 12 months
+2.9% ▲
1-yr price change
n = 19 and 52 sales in the two windows
100.0%
Sale vs ask
Tempo
1.3mo
Supply
3 to 6 months is the balanced band
89days
Median DOM · closed
0 days at the 2024 low
33%
Under contract
Walton: 18% (698 of 3,872)
2 · 1
For sale · pending
live counts, refreshed twice daily
19
Sold · last 12 mo
10-yr average: about 32 a year
Ownership and context
39%
Owner-occupied · Hammock Bay - Starburst
36 of 93 parcels homesteaded (FL DOR 2025)
61%
Non-owner-occupied · Hammock Bay - Starburst
incl. 23% trust or LLC-held · 24% out-of-state
57
Homes in the community
plus 36 vacant residential lots · 93 residential parcels (FL DOR 2025)
Track record · 2 years of records
74
Recorded sales · 2024-2025
median $506K · qualified sales on the county roll (FL DOR 2025)
2024–2024
Years homes were built
median 2024 · county roll (FL DOR 2025)
33.3%/yr
Turnover rate
about 19 of 57 homes trade a year
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 25, 2026

Starburst is a brand-new pocket of Hammock Bay in Freeport — every home in the current snapshot was built in 2024, and the median sits right around $515,000. With no year-to-year construction variation to speak of, price here is driven less by vintage and more by lot, floor plan, and finish level. The median footprint is a generous 2,815 square feet, so you are buying newer, larger product rather than a fixer.

The market posture is patient. Median days on market runs about 102 days, and only 3 listings are active against 22 closings in the trailing window. That combination — thin active inventory but slow-moving sales — tells sellers to price with discipline and tells buyers there is room to negotiate on a home that has been sitting. Year-over-year values are essentially flat at 1.5%, so this is not a market to count on quick equity.

Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Hammock Bay - Starburst Housing Pulse · Momentum Research · as of September 20, 2026

Hammock Bay - Starburst right now

🔴 Seller-leaning market. 1.3 months of supply and 33% 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: High (3 active and pending listings, 19 closed sales in 12 months).

🟡 Still climbing. The trailing-12-month median ($521K) is up 2.9% from the prior 12 months ($507K).Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: High (19 and 52 sales in the two windows).

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

· Updated November 6, 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 - Starburst market snapshot (as of September 20, 2026): the median sale price is about $521K, a median 89 days on market for closed sales, and 1.3 months of supply, a seller-leaning market. The trailing-12-month median is up 3% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (19 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 5.3 months — a buyer's market. See the live ZIP 32439 housing market and the Walton County market.

County records show 74 qualified sales in HAMMOCK BAY - STARBURST across 2024–2025 (49 in 2024, 25 in 2025), median $506,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Hammock Bay - Starburst is a community of 57 homes in Freeport, Walton County, built between 2024 and 2024 (median 2024.0), with a median living area of about 2,815 square feet. 39% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Starburst is a new-construction section of Hammock Bay in Freeport, Walton County — uniformly 2024-built homes with larger-than-average floor plans, transacting at a deliberate pace rather than a frenzied one.

Best for

  • Buyers wanting new construction and square footage near the mid-$500s without a fixer-upper
  • Long-hold buyers comfortable with flat near-term appreciation and a patient market
  • Move-up buyers who value a consistent 2024 build over an older, cheaper alternative

Probably not for

  • Buyers counting on rapid appreciation or a quick flip
  • Those who need community amenities baked into the purchase
  • Sellers needing a fast exit, given the 100-plus-day median time on market

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap contributors.

If we were buying in Hammock Bay - Starburst 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Hammock Bay - Starburst.

Best Buy
Buyers who want a newer, larger home in Freeport without taking on a renovation.
Biggest Risk
Slow 102-day market and flat year-over-year values mean no quick equity.
Sweet Spot
A well-priced 2024 plan around the $515K median that has been listed long enough to negotiate.
Avoid If
You need a short timeline to resell or a built-in amenity package.

A new-build section still finding its footing

Because the housing stock is entirely recent and consistent, the spread in price comes down to finish, lot position, and plan size rather than age or condition. At a median near 2,815 square feet, these are substantial homes, and buyers should compare comparable plans closely rather than assuming one 2024 build equals another.

The homestead share is under 40%, which is worth naming plainly: a meaningful portion of these homes are not owner-occupied primary residences. In a community with only 57 homes and just 3 currently listed, that mix shapes both resale liquidity and how you should think about long-term hold. No community amenities surfaced in the current MLS data, so value the home on its own merits and the Hammock Bay location, not on a promised amenity package.

“

The location and the amenities are priced into every listing in Hammock Bay - Starburst. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.3B · Buy Score
Recent Direction6.7/10
Liquidity & Demand8.7/10
Owner Commitment3.9/10
Pricing Power10.0/10

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 (7.3). Basis: Recent Direction +2.9% year-over-year; Liquidity & Demand 1.3 months of supply; Owner Commitment 39% owner-occupied; Pricing Power 100.0% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a small, new section with slow days on market and a light active count, comps are scarce and easy to misread. We track every closing in Hammock Bay - Starburst against plan and lot, so you are pricing to the median that actually applies to your home — and, as buyers, so you know which of the few listings has real negotiating room after 100-plus days out.

Hammock Bay - Starburst in 15 seconds.

Best forBuyers who want a newer, larger home in Freeport without taking on a renovation.
Biggest advantageUniform 2024 construction at a median footprint well above 2,800 square feet.
Biggest riskSlow 102-day market and flat year-over-year values mean no quick equity.
Sweet spotA well-priced 2024 plan around the $515K median that has been listed long enough to negotiate.
Avoid ifYou need a short timeline to resell or a built-in amenity package.
The takeaway

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

What is your Hammock Bay - Starburst home worth?

Get a no-obligation home value based on real comparable sales in Hammock Bay - Starburst, 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.

Recently off market in HAMMOCK BAY - STARBURST

Homes in HAMMOCK BAY - STARBURST 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. 4 on record.

Hammock Bay - Starburst key facts
LocationFreeport, Walton County, FL · ZIP 32439
Homes in the community57 (FL DOR 2025 assessment roll)
Years built2024–2024 (median 2024.0)
Typical living area2,815 sq ft (median)
Home types (current listings and sales)detached single family 100%
Amenities listed by sellersCommunity Room, Exercise Room, Pickleball, Playground, Pool, Tennis Court(s)
Sale prices, last 12 months$521,343 median across 19 closed sales · +2.9% vs the prior 12 months
Days on market (closed sales)89 median
For sale right now2 active, 1 pending · median asking $572,450 · 1.3 months of supply
Owner-occupied (homestead) share39%

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 - Starburst key facts,” movewithmomentum.com/neighborhoods/hammock-bay-starburst, data as of September 20, 2026.

Housing distress & ownership in HAMMOCK BAY - STARBURST, Freeport

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 7 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-11-01)

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.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

What it really costs to own in Hammock Bay - Starburst

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $3,947/yr across 5 listings here (MLS tax records, 2026-11-06).
HOA duesMedian $140/month across 13 MLS listings (most billed quarterly; 2026-11-06). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe 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 ageMedian build year 2025 across 13 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes.

Email me new listings in Hammock Bay - Starburst

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.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Hammock Bay - Starburst

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Hammock Bay - Starburst will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Hammock Bay - Starburst?
The median sale price in Hammock Bay - Starburst was $521K over the 12 months ending September 20, 2026 (19 closed sales, Emerald Coast MLS).
How long do homes in Hammock Bay - Starburst take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 89 days on market (19 sales, Emerald Coast MLS).
Is Hammock Bay - Starburst a buyer's or seller's market right now?
As of September 20, 2026, Hammock Bay - Starburst leans toward sellers: 1.3 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Hammock Bay - Starburst?
The Florida DOR 2025 assessment roll shows 57 homes plus 36 vacant residential lots in Hammock Bay - Starburst (public records).
What share of Hammock Bay - Starburst is owner-occupied?
39% of Hammock Bay - Starburst parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Hammock Bay - Starburst built?
Homes in Hammock Bay - Starburst were built between 2024 and 2024, with a median year built of 2024.0 (FL DOR 2025 roll).
Who is the best real estate agent for Hammock Bay - Starburst?
The best agent for Hammock Bay - Starburst 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 Hammock Bay - Starburst.
How do I find a top Freeport real estate agent who knows Hammock Bay - Starburst?
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 Hammock Bay - Starburst and the wider Freeport area.
Can Momentum Realty connect me with an agent for Hammock Bay - Starburst?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Hammock Bay - Starburst purchase or sale - no call center and no pressure.
Where is Hammock Bay - Starburst, and what county is it in?
Hammock Bay - Starburst is in Freeport, Walton County, FL, ZIP 32439. The community's center is about 7 miles east of the center of Freeport (straight-line).
Is Hammock Bay - Starburst a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Hammock Bay - Starburst: the median sale price over the last 12 months was $521K (19 sales), 32% above the Freeport median of $394K; homes took a median 89 days to go under contract; the assessment roll counts 57 homes, 39% of them homesteaded (owner-occupied); supply is 1.3 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.
Buyers wanting new construction and square footage near the mid-$500s without a fixer-upperExcellent fit
Long-hold buyers comfortable with flat near-term appreciation and a patient marketExcellent fit
Move-up buyers who value a consistent 2024 build over an older, cheaper alternativeExcellent fit
Buyers counting on rapid appreciation or a quick flipProbably not
Those who need community amenities baked into the purchaseProbably not
Sellers needing a fast exit, given the 100-plus-day median time on marketProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: November 6, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (4 streets, ZIP 32439))
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2024 (95 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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