Magnolia Bay
Homes for Sale in Miramar Beach, FL
All 680 homes for sale in Miramar Beach, FL · median $659,000 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Emerald Coast MLS
As of October 2026, Magnolia Bay in Miramar Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $1,020,000, a median 65 days on market, sellers accepting 87% of original asking (+47% versus the prior year). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $9,950 ($9,570 with the full homestead exemption).
| Location | Miramar Beach, Walton County, FL · ZIP 32439, 32459, 32550 |
|---|---|
| Homes in the community | 118 (FL DOR 2025 assessment roll) |
| Years built | 1963–2024 (median 2001) |
| Typical living area | 1,922 sq ft (median) |
| Sale prices, last 12 months | $1,020,000 median across 3 closed sales · +46.6% vs the prior 12 months |
| Days on market (closed sales) | 65 median |
| For sale right now | 1 active, 0 pending · median asking $699,000 |
| Owner-occupied (homestead) share | 28% |
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, “MAGNOLIA BAY key facts,” movewithmomentum.com/neighborhoods/magnolia-bay--walton, data as of September 20, 2026.
Magnolia Bay is a razor-thin market: two homes total, one currently active, and just six closings in the tracked window. With that little inventory, the $820,000 median is a snapshot of what has traded rather than a reliable read on any single home's worth — condition, lot, and negotiation will move a price here far more than any published median suggests.
The posture is patient, not frantic. A median of 74 days on market says buyers here take their time, and with a heat score of 44 this is closer to balanced than hot. Sellers should price to the specific home and expect it to sit; buyers have room to inspect, ask, and negotiate rather than rush.
Magnolia Bay right now
🟢 Still climbing. The trailing-12-month median ($1.02M) is up 46.6% from the prior 12 months ($696K) and up 209% since 2012. With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Emerald Coast MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 8 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Walton County sale ($1.02M vs $400K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 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
Magnolia Bay market snapshot (as of September 20, 2026): the median sale price is about $1.02M, and a median 65 days on market for closed sales. The trailing-12-month median is up 47% from the prior 12 months and up 209% since 2012, computed from record-level Emerald Coast MLS closed sales (3 closings in the current window).
In ZIP 32439 (Miramar Beach), 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 18 qualified sales in MAGNOLIA BAY across 2024–2025 (15 in 2024, 3 in 2025), median $586,600 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Magnolia Bay is a community of 118 homes in Miramar Beach, Walton County, built between 1963 and 2024 (median 2001), with a median living area of about 1,922 square feet. 28% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Magnolia Bay in Freeport is a small enclave of Walton County housing where the numbers reflect a handful of homes rather than a broad market. Values have climbed 148% since 2012 and 11.1% year over year, but that trajectory rides on very few transactions.
Who Magnolia Bay is best for.
Best for
- Second-home or investment buyers near the mid-$800s who value a quiet, low-competition market
- Buyers who will underwrite a single home on condition and lot rather than on comps
- Patient shoppers who can wait out a market that averages just over 70 days
Probably not for
- Buyers who need a range of active listings to compare side by side
- Those who require firm, comparable-supported valuations before committing
- Anyone seeking amenity-rich community living, since none are identified here
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.02M) IS the median in the snapshot above, and the move from 2025 ($696K) IS the +46.6% one-year change.
Windows contain 1 to 8 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
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.
18% of homes for sale in ZIP 32459 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 (2026-10-02).
Magnolia Bay Market Scorecard
Magnolia Bay is currently a balanced market., a median asking price of $699,000, and homes go under contract in about 345 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in MAGNOLIA BAY, Miramar Beach
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 Magnolia Bay
Live MLS inventory for Magnolia Bay. 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 Magnolia Bay 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 Magnolia Bay Walton Right Now (1)
All 1 active and pending Magnolia Bay Walton listings with a detail page, newest first, refreshed twice a day from the MLS.
- 149 W Wild Blueberry Way · $699,000 · 3 bd / 3.5 ba · listed Jul 2, 2026 · listed by 30A Local Real Estate
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Dune Lakes · Elementary
- Emerald Coast · Middle
- South Walton · High
Zoned schools reflect the assignments reported on recent Magnolia Bay 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 Magnolia Bay address.
Shop the zone: Homes zoned for South Walton High School
The Magnolia Bay buying strategy.
If we were buying in Magnolia Bay 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 Magnolia Bay.
A thin market that rewards homework
The homes tracked here date to 2005 with a modest median footprint around 766 square feet, so this is not a place to shop by spec sheet alone. When a market is this small, the median price tells you little about the next home to list; the spread between a well-kept property and a dated one can be wide, and price is condition-driven above all.
Homestead share sits at zero across the tracked homes, which points to a market weighted toward second-home or investment use rather than owner-occupancy. No community amenities surface from current MLS listings, so buyers should weigh the location and the individual property on their own merits, not on shared facilities.
The location and the amenities are priced into every listing in Magnolia Bay. 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 Magnolia Bay 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 (6.1). Basis: Long-Term Appreciation +209% since 2012; Recent Direction +46.6% year-over-year; Owner Commitment 28% owner-occupied; Pricing Power 87.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this small, a single comparable can distort the whole picture. We read each Magnolia Bay listing on its own condition, lot, and history rather than leaning on a median built from a handful of sales — and we will tell you plainly when the math does not support the ask.
Magnolia Bay 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 Magnolia Bay 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 Magnolia Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Bay home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Bay, 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 Miramar Beach →
Frequently Asked Questions
What is the median home price in Magnolia Bay?
How long do homes in Magnolia Bay take to sell?
How many homes are in Magnolia Bay?
What share of Magnolia Bay is owner-occupied?
When were the homes in Magnolia Bay built?
Have Magnolia Bay home prices gone up?
Who is the best real estate agent for Magnolia Bay?
How do I find a top Miramar Beach real estate agent who knows Magnolia Bay?
Can Momentum Realty connect me with an agent for Magnolia Bay?
Where is Magnolia Bay, and what county is it in?
Should you buy in Magnolia Bay?
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) |
| 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 (3 streets, ZIP 32439/32459/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2010 (51 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.
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 Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how MAGNOLIA BAY fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Magnolia Bay
- Home values · What homes in Magnolia Bay actually sell for
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