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
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
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.

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 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).
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· 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.
The setting & the homes.
Aerial and on-site photos of Hammock Bay - Starburst. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Emerald Coast MLS listings in Hammock Bay - Starburst; content deemed reliable but not guaranteed.
Who Hammock Bay - Starburst is best for.
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
Hammock Bay - Starburst 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.
The Hammock Bay - Starburst buying strategy.
If we were buying in Hammock Bay - Starburst 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 - Starburst.
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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Hammock Bay - Starburst 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 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.
Tools for a Hammock Bay - Starburst 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 - Starburst 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 - Starburst, 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 - 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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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.
- 130 Lumen Loop · off market
- 155 Lumen Loop · off market
- 381 Constellation Avenue · off market
- 77 Constellation Avenue · off market
| Location | Freeport, Walton County, FL · ZIP 32439 |
|---|---|
| Homes in the community | 57 (FL DOR 2025 assessment roll) |
| Years built | 2024–2024 (median 2024.0) |
| Typical living area | 2,815 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Community 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 now | 2 active, 1 pending · median asking $572,450 · 1.3 months of supply |
| Owner-occupied (homestead) share | 39% |
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.
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.
Recently sold in Hammock Bay Starburst
- 381 Constellation Avenue · sold $605,000
- 77 Constellation Avenue · sold $499,900
- 395 Constellation Avenue · sold $475,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
More Freeport home searches
- All homes for sale in Freeport, FL
- Homes for sale in Walton County, FL
- Freeport pool homes for sale
- Freeport home values: what is my house worth?
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
- Florida housing market map
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
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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.
- Constellation Avenue (34 homes on record)
- Lumen Loop (33 homes on record)
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 tax | Current owners' bills run a median of $3,947/yr across 5 listings here (MLS tax records, 2026-11-06). |
|---|---|
| HOA dues | Median $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 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 2025 across 13 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
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Ask an agent about Hammock Bay - Starburst
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Frequently Asked Questions
What is the median home price in Hammock Bay - Starburst?
How long do homes in Hammock Bay - Starburst take to sell?
Is Hammock Bay - Starburst a buyer's or seller's market right now?
How many homes are in Hammock Bay - Starburst?
What share of Hammock Bay - Starburst is owner-occupied?
When were the homes in Hammock Bay - Starburst built?
Who is the best real estate agent for Hammock Bay - Starburst?
How do I find a top Freeport real estate agent who knows Hammock Bay - Starburst?
Can Momentum Realty connect me with an agent for Hammock Bay - Starburst?
Where is Hammock Bay - Starburst, and what county is it in?
Is Hammock Bay - Starburst a good place to live?
Should you buy in Hammock Bay - Starburst?
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: November 6, 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 (4 streets, ZIP 32439)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-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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