Magnolia Baye in Freeport

Magnolia Baye
Homes for Sale in Freeport, FL

All 379 homes for sale in Freeport, FL · median $428,000 · 373 homes for sale in 32439 · Walton County homes for sale

Community in Freeport · Walton County · ZIP 32439
136 homesBuilt 1955–2024
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Magnolia Baye in Freeport, FL has 2 homes for sale. Homes listed or recently sold were built 2005–2022.

MAGNOLIA BAYE key facts
LocationFreeport, Walton County, FL · ZIP 32439
Homes in the community136 (FL DOR 2025 assessment roll)
Years built1955–2024 (median 2000.0)
Typical living area1,302 sq ft (median)
For sale right now2 active, 0 pending · median asking $265,000 · 24.0 months of supply
Owner-occupied (homestead) share42%

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 BAYE key facts,” movewithmomentum.com/neighborhoods/magnolia-baye, data as of September 20, 2026.

Live · Magnolia Baye Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
24.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Walton: 18% (698 of 3,872)
2 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
42%
Owner-occupied · Magnolia Baye
63 of 149 parcels homesteaded (FL DOR 2025)
58%
Non-owner-occupied · Magnolia Baye
incl. 9% trust or LLC-held · 20% out-of-state
136
Homes in the community
plus 13 vacant residential lots · 149 residential parcels (FL DOR 2025)
Track record · 22 years of records
9
Recorded sales · 2024-2025
median $245K · qualified sales on the county roll (FL DOR 2025)
Est. 1955
Community established
homes built 1955-2024, median 2000 (FL DOR 2025)
0.7%/yr
Turnover rate
about 1 of 136 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Magnolia Baye is a small Freeport pocket where price is driven almost entirely by the individual home, not by any community premium. With a build range spanning 1955 to 2024 and a median year built around 2000, you are looking at a genuine mix of older stock and newer construction sitting side by side. Condition, age, and how recently a home has been updated will move the number far more than the address itself.

Right now there are just 2 active listings against 136 homes, and the last closing window was thin. That means limited comparables and limited choice. For a seller, a well-prepared home has little direct competition. For a buyer, patience matters — the right listing may not be on the market the week you start looking, and each home has to be underwritten on its own merits.

Magnolia Baye Housing Pulse · Momentum Research · as of September 20, 2026

Magnolia Baye right now

🟢 Buyer-leaning market. 24.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.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: Low (2 active and pending listings, 1 closed sales in 12 months).

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

· Updated September 27, 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

This is a modestly sized community with a median living area near 1,300 square feet, so expect efficient, right-sized floor plans rather than sprawling homes. The wide construction span means two houses on the same street can be a generation apart in age and finish.

Emerald Coast MLS sales records identify 27 homes in MAGNOLIA BAYE that have changed hands since 2004, built between 1987 and 2022 (median 2004), with a median living area of about 1,232 sq ft and a typical 3-bedroom, 2-bath layout; 63% are single-family homes. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 9 qualified sales in MAGNOLIA BAYE across 2024–2025 (5 in 2024, 4 in 2025), median $245,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers seeking an efficient, smaller footprint near a Freeport location and comfortable evaluating a home individually
  • Value-focused buyers open to an older home who will underwrite condition and systems carefully
  • Sellers with a well-prepared home who benefit from limited active competition

Probably not for

  • Buyers who require a shared amenity package, since none were identified from current listings
  • Buyers needing a large floor plan well above the roughly 1,300-square-foot median
  • Buyers who want abundant inventory and choice, given only 2 active listings

The market around Magnolia Baye

Magnolia Baye is too small for its own price trend, so here is the market around it.

In ZIP 32439, 535 homes are on the market and 26% are under contract — a steady corner of Freeport.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

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.

ZIP and county figures describe the wider market, not Magnolia Baye specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in MAGNOLIA BAYE, 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 9 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-26)

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 Baye

Live MLS inventory for Magnolia Baye. 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 Baye 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.

Listing locations from Emerald Coast MLS. 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 Magnolia Baye 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 Baye address.

Recent Developments in Magnolia Baye

Development, infrastructure, retail, and school activity affecting Magnolia Baye, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum39/100 · Moderate
  1. July 2026
    Infrastructure

    Scenic Walton advances underground utilities and gateway landscape projects

    Scenic Walton reported progress on countywide initiatives, including a $200,000 Freeport U.S. 331 gateway landscape project supported by a $100,000 FDOT Highway Beautification Grant, plus a 30A West gateway landscape project and early planning for countywide underground utilities. Funding for the utilities study advanced into Walton County's draft budget for fiscal year 2026 to 2027.

    What it may mean for the marketAdvances roadway beautification and stormwater improvements along the Freeport U.S. 331 corridor and the 30A west gateway and lays groundwork for utility resilience upgrades across Walton County. The site is about 5 miles east of Magnolia Baye.

    Source: Get The Coast
  2. June 2026
    Civic

    DeSantis signs state budget with funding for Okaloosa County projects

    Governor DeSantis signed the state budget that included roughly $15 million for 20 Okaloosa County projects, among them $5 million for the Northwest Florida State College Workforce Innovation Center in Niceville, $1.5 million for Shalimar Bridge Park, and $3 million for Destin road and drainage work. About $7.26 million in other local requests were vetoed.

    What it may mean for the marketDirects state funding toward workforce, park, road, and drainage infrastructure across Okaloosa County, supporting public facilities and capacity in Niceville, Shalimar, and Destin. The site is about 17 miles west of Magnolia Baye.

    Source: Get The Coast

Development alerts for Magnolia BayeGet a short monthly email when something new is approved, funded, or opens near Magnolia Baye.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Magnolia Baye 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Magnolia Baye.

Best Buy
Buyers who want a right-sized home in Freeport and will judge each listing individually.
Biggest Risk
Thin comps make pricing and appraisal less predictable.
Sweet Spot
A well-maintained or recently updated home bought on its own merits.
Avoid If
You need community amenities or a large floor plan.

A condition-driven market with a wide age spread

The defining feature here is variance. A build range from 1955 to 2024 tells you the housing stock was not delivered in a single wave, and the median year built around 2000 sits between the older homes and the newest ones. That spread is why a single median price tells you very little about any specific house — you have to evaluate each one on age, systems, and updates.

The homestead share sits at roughly 42 percent, meaning a meaningful portion of these homes are not owner-occupied primary residences. Combined with the small footprint — a median around 1,300 square feet — and no community amenities identified from current MLS listings, this is a place you buy for the house and the Freeport location, not for shared facilities or an amenity package.

“

The location and the amenities are priced into every listing in Magnolia Baye. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this small with only 2 active listings and thin recent closing activity, comparables are scarce and each home has to be priced and inspected on its own terms. We know the Freeport and Walton County market, we read older and newer construction differently, and we will tell you plainly when a specific home's age or condition does not justify the ask.

Magnolia Baye in 15 seconds.

Best forBuyers who want a right-sized home in Freeport and will judge each listing individually.
Biggest advantageVery little competition among active listings for a well-prepared seller.
Biggest riskThin comps make pricing and appraisal less predictable.
Sweet spotA well-maintained or recently updated home bought on its own merits.
Avoid ifYou need community amenities or a large floor plan.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Magnolia Baye homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Magnolia Baye.
In short
  • 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.

The takeaway

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

What is your Magnolia Baye home worth?

Get a no-obligation home value based on real comparable sales in Magnolia Baye, 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.
How much local inventory is already under contract

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 (2026-09-27).

Frequently Asked Questions

Is Magnolia Baye a buyer's or seller's market right now?
As of September 20, 2026, Magnolia Baye leans toward buyers: 24.0 months of supply at the current sales pace (Emerald Coast MLS live counts).
How many homes are in Magnolia Baye?
The Florida DOR 2025 assessment roll shows 136 homes plus 13 vacant residential lots in Magnolia Baye (public records).
What share of Magnolia Baye is owner-occupied?
42% of Magnolia Baye parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Magnolia Baye built?
Homes in Magnolia Baye were built between 1955 and 2024, with a median year built of 2000.0 (FL DOR 2025 roll).
Who is the best real estate agent for Magnolia Baye?
The best agent for Magnolia Baye 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 Magnolia Baye.
How do I find a top Freeport real estate agent who knows Magnolia Baye?
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 Magnolia Baye and the wider Freeport area.
Can Momentum Realty connect me with an agent for Magnolia Baye?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Magnolia Baye purchase or sale - no call center and no pressure.
Where is Magnolia Baye, and what county is it in?
Magnolia Baye is in Freeport, Walton County, FL, ZIP 32439. The community's center is about 11 miles east of the center of Freeport (straight-line).
Buyers seeking an efficient, smaller footprint near a Freeport location and comfortable evaluating a home individuallyExcellent fit
Value-focused buyers open to an older home who will underwrite condition and systems carefullyExcellent fit
Sellers with a well-prepared home who benefit from limited active competitionExcellent fit
Buyers who require a shared amenity package, since none were identified from current listingsProbably not
Buyers needing a large floor plan well above the roughly 1,300-square-foot medianProbably not
Buyers who want abundant inventory and choice, given only 2 active listingsProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 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 2004 (33 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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Nearby Communities

Explore more neighborhoods near Magnolia Baye with Momentum Realty’s local guides.

Bear Creek Cottages0.5 mi away · median $524K, 20 sales/12 moBCBear Creek0.6 mi away · 2 for salePitts Bay Shore0.6 mi away · 59 homes, built 1948–24, 1 for saleBear Creek0.6 mi away · 41 homes, built 2005–24, 2 for saleTwin Oaks0.9 mi away · 46 homes, built 1948–23, 1 for saleJolly Bay Acres1.3 mi away · 27 homes, built 1950–24

Browse all neighborhood guides →

Thinking of selling in MAGNOLIA BAYE? 1 recorded closings (window ending 2026-09-20). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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