HAMMOCK BAY - STARBURST in Freeport

HAMMOCK BAY - STARBURST
Homes for Sale in Freeport, FL

Community in Freeport · Walton County · ZIP 32439
57 homesBuilt 2024–2024Median sale $515K
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Photo via emeraldcoast

Built fromLive emeraldcoast data2 years of closingsFL DOR public recordsUpdated twice daily
Live · HAMMOCK BAY - STARBURST Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$515K
Median sold · 12 mo
up 1.5% vs the prior 12 months
+1.5%
1-yr price change
n = 22 and 57 sales in the two windows
99.7%
Sale vs ask
Walton median: 94.5%
Tempo
102days
Median DOM · closed
0 days at the 2024 low
0%
Under contract
3 · 0
For sale · pending
live counts, refreshed twice daily
22
Sold · last 12 mo
10-yr average: about 31 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
0%
Cash buyers · HAMMOCK BAY - STARBURST
0 of 22 sales, 12 mo ending July 2026
57
Homes in the community
plus 36 vacant residential lots · 93 residential parcels (FL DOR 2025)
Track record · 2 years of records
Est. 2024
Community established
homes built 2024-2024, median 2024 (FL DOR 2025)
38.6%/yr
Turnover rate
about 22 of 57 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

HAMMOCK BAY - STARBURST Housing Pulse · Momentum Research · as of July 25, 2026

HAMMOCK BAY - STARBURST right now

🟡 Still climbing. The trailing-12-month median ($515K) is up 1.5% from the prior 12 months ($507K).Momentum Research, record-level emeraldcoast closed sales, 12-month windows ending July 25. Confidence: High (22 and 57 sales in the two windows).

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

Updated July 25, 2026 · Live data: emeraldcoast, 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 July 25, 2026): the median sale price is about $515K, and a median 102 days on market for closed sales. The trailing-12-month median is up 2% from the prior 12 months, computed from record-level emeraldcoast closed sales (22 closings in the current window).

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

Homes For Sale Right Now in HAMMOCK BAY - STARBURST

Live MLS inventory for HAMMOCK BAY - STARBURST. 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 - STARBURST 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.

Listing locations from emeraldcoast. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • 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 - STARBURST 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 - STARBURST address.

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

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 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
6.7B- · Buy Score
Recent Direction6.4/10
Owner Commitment3.9/10
Pricing Power9.8/10

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 3 factors (6.7). Basis: Recent Direction +1.5% year-over-year; Owner Commitment 39% owner-occupied; Pricing Power 99.7% 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.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 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.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in HAMMOCK BAY - STARBURST?
The median sale price in HAMMOCK BAY - STARBURST was $515K over the 12 months ending July 25, 2026 (22 closed sales, emeraldcoast).
How long do homes in HAMMOCK BAY - STARBURST take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 102 days on market (22 sales, emeraldcoast).
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).
Do cash buyers compete in HAMMOCK BAY - STARBURST?
Cash buyers took 0% of HAMMOCK BAY - STARBURST sales in the 12 months ending July 2026 (0 of 22 closings, emeraldcoast).
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 280+ 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.
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

Nearby Communities

Explore more neighborhoods near HAMMOCK BAY - STARBURST with Momentum Realty’s local guides.

WOWatersound Origins Santa Rosa BeachFreeport, FL · 15.5 miDMDeer Moss Creek NicevilleFreeport, FL · 16.1 miLMLatitude Margaritaville Watersound Panama City BeachFreeport, FL · 19.1 miBPBreakfast Point East Panama City BeachFreeport, FL · 22.4 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsemeraldcoast, refreshed twice daily (last: July 25, 2026)
Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32439))
Historical depthClosed-sale records back to 2024 (94 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 emeraldcoast 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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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