Magnolia Bay Estates
Homes for Sale in Freeport, FL
All 373 homes for sale in Freeport, FL · median $426,028 · 374 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 September 2026, Magnolia Bay Estates in Freeport, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 10 recorded sales closed at a median of $539,000, a median 58 days on market, sellers accepting 97% of original asking (-9% versus the prior year). Homes listed or recently sold were built 2024–2026 with 9 new construction. At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $5,260 ($4,870 with the full homestead exemption).
| Location | Freeport, Walton County, FL · ZIP 32439, 32550 |
|---|---|
| Homes in the community | 25 (FL DOR 2025 assessment roll) |
| Years built | 2023–2024 (median 2024) |
| Typical living area | 3,022 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Gated, Boat Launch, Fishing, Pets Allowed, Waterfront |
| Sale prices, last 12 months | $539,000 median across 10 closed sales · -8.6% vs the prior 12 months |
| Days on market (closed sales) | 58 median |
| For sale right now | 1 active, 1 pending · median asking $558,000 · 1.2 months of supply |
| Owner-occupied (homestead) share | 40% |
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 ESTATES key facts,” movewithmomentum.com/neighborhoods/magnolia-bay-estates, data as of September 20, 2026.
Price here is driven almost entirely by the houses themselves. Every home is new construction, built in 2023 or 2024, and the median sits at $550,000 on roughly 3,022 square feet. There are no community amenities identified in the current listings, so you are paying for the structure, the square footage, and the condition — not for gates, pools, or shared facilities.
The market posture is soft. Prices are down 6.2% year over year, homes are taking a median of 54 days to sell, and there are only 2 active listings against 11 closings in the trailing window. That combination — falling prices, longer days on market, thin inventory — favors a patient buyer who can negotiate. Sellers should expect to compete on condition and pricing rather than counting on momentum.
Magnolia Bay Estates right now
🟡 Balanced market. 1.2 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.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 (2 active and pending listings, 10 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($539K) is down 8.6% from the prior 12 months ($590K). 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: Medium (10 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 29, 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 Estates market snapshot (as of September 20, 2026): the median sale price is about $539K, a median 59 days on market for closed sales, and 1.2 months of supply, a balanced market. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level Emerald Coast MLS closed sales (10 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 5.5 months — a buyer's market. See the live ZIP 32439 housing market and the Walton County market.
County records show 15 qualified sales in MAGNOLIA BAY ESTATES across 2024–2025 (14 in 2024, 1 in 2025), median $584,600 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Magnolia Bay Estates is a community of 25 homes in Freeport, Walton County, built between 2023 and 2024 (median 2024), with a median living area of about 3,022 square feet. 40% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Magnolia Bay Estates is a small, brand-new enclave of 25 homes in Freeport, Walton County, where nearly everything on the ground was completed in 2023 or 2024. With no shared amenities and a homestead share of 40%, it reads as a straightforward new-construction pocket rather than a resort-style community.
The setting & the homes.
Aerial and on-site photos of Magnolia Bay Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Magnolia Bay EstatesPhotos from Emerald Coast MLS listings in Magnolia Bay Estates; content deemed reliable but not guaranteed.
Who Magnolia Bay Estates is best for.
Best for
- Buyers targeting a near-new, larger home around the $550,000 median who value low maintenance
- Patient buyers who want negotiating leverage in a market that is cooling and slow-moving
- Owner-occupants comfortable in a small enclave without shared amenities
Probably not for
- Buyers who want resort-style amenities like pools, clubhouses, or gated access
- Shoppers seeking older or lower-priced inventory below this new-construction median
- Sellers expecting fast turnover or rising prices in the near term
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 ($539K) IS the median in the snapshot above, and the move from 2025 ($590K) IS the -8.6% one-year change.
Windows contain 0 to 12 sales each (10 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.
28% 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 (2026-09-24).
Magnolia Bay Estates Market Scorecard
Magnolia Bay Estates is currently a balanced market. About 1.2 months of supply, a median asking price of $558,000.
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 ESTATES, 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.
Homes For Sale Right Now in Magnolia Bay Estates
Live MLS inventory for Magnolia Bay Estates. 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 Estates listings as of 2026-09-26, 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 Estates Right Now (1)
All 1 active and pending Magnolia Bay Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 219 S J Hunter'S Way #Lot 73 · $619,900 · 4 bd / 3 ba · pending · listed Jun 30, 2026 · listed by Jan Hooks Real Estate Group Inc
Magnolia Bay Estates 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, tiles © CARTO.
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 Magnolia Bay Estates 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 Estates address.
Shop the zone: Homes zoned for Freeport High School
The Magnolia Bay Estates buying strategy.
If we were buying in Magnolia Bay Estates 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 Estates.
A new-build pocket in a cooling market
This is a tight community — 25 homes total, with just 2 active at last look. The housing stock is uniform in age and generous in size, with a median of 3,022 living square feet and a median build year of 2024. That consistency makes pricing easier to read than in an older, mixed-vintage neighborhood, but it also means the median of $550,000 tells most of the story; spread will come down to lot, finish, and condition rather than dramatic differences in age.
The 40% homestead share suggests a meaningful portion of homes are not owner-occupied as a primary residence, which is worth weighing if you want to understand turnover and how the remaining owners may behave in a down market. With the year-over-year figure at -6.2% and a 54-day median time to sell, both buyers and sellers should treat current pricing as negotiable and condition-sensitive.
The location and the amenities are priced into every listing in Magnolia Bay Estates. 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 Estates 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 (6.2). Basis: Recent Direction -8.6% year-over-year; Liquidity & Demand 1.2 months of supply; Owner Commitment 40% owner-occupied; Pricing Power 97.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this small, a couple of closings move the whole picture. We track every one of these 25 homes and know how the last 11 sales actually priced out against list — which matters when there are only 2 active listings and the market is softening. Whether you are buying and want negotiating room, or selling and need to price against a -6.2% trend, we will give you the real read, not the optimistic one.
Magnolia Bay Estates 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 Estates 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 Estates 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 Estates, 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 Estates home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Bay Estates, 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 MAGNOLIA BAY ESTATES
Homes in MAGNOLIA BAY ESTATES 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. 2 on record.
- 37 N J Hunters Way · off market
- 8 Mackenzie Lane · off market
Frequently Asked Questions
What is the median home price in Magnolia Bay Estates?
How long do homes in Magnolia Bay Estates take to sell?
Is Magnolia Bay Estates a buyer's or seller's market right now?
How many homes are in Magnolia Bay Estates?
What share of Magnolia Bay Estates is owner-occupied?
When were the homes in Magnolia Bay Estates built?
Who is the best real estate agent for Magnolia Bay Estates?
How do I find a top Freeport real estate agent who knows Magnolia Bay Estates?
Can Momentum Realty connect me with an agent for Magnolia Bay Estates?
Where is Magnolia Bay Estates, and what county is it in?
Is Magnolia Bay Estates a good place to live?
Should you buy in Magnolia Bay Estates?
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: September 26, 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 32439/32550)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2005 (32 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.
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See how MAGNOLIA BAY ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Magnolia Bay Estates with Momentum Realty’s local guides.