Riverwalk
Homes for Sale in Freeport, FL
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of November 2026, Riverwalk in Freeport, FL has 7 homes for sale and 3 pending, asking from $345,885 to $449,990 (median $356,125). Over the 12 months ending 2026-11-09, 5 recorded sales closed at a median of $345,000, a median 75 days on market, sellers accepting 94% of original asking. Homes listed or recently sold were built 2021–2026 with 7 new construction; 17 of 17 report an HOA (median $140/mo); none of the 17 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $3,370 ($2,980 with the full homestead exemption).
| Location | Freeport, Walton County, FL · ZIP 32439 |
|---|---|
| Homes in the community | 145 (FL DOR 2025 assessment roll) |
| Years built | 2021–2024 (median 2022) |
| Typical living area | 2,062 sq ft (median) |
| Home types (current listings and sales) | detached single family 100% |
| Amenities listed by sellers | Pool, Short Term Rental - Not Allowed, Pets Allowed, Dock, Community Room, Minimum Rental Prd |
| Sale prices, last 12 months | $345,000 median across 5 closed sales |
| Days on market (closed sales) | 75 median |
| For sale right now | 7 active, 3 pending · median asking $356,125 · 12.0 months of supply |
| Owner-occupied (homestead) share | 46% |
Data as of November 9, 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, “Riverwalk key facts,” movewithmomentum.com/neighborhoods/riverwalk, data as of November 9, 2026.
Last 30 days in Riverwalk: 3 under contract right now, 2 closed sales (median $340,190). As of November 9, 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.
Homes For Sale Right Now in Riverwalk
Live MLS inventory for Riverwalk. 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 · 146 daysTop listing
Active · 207 days
Active · 127 days
Active · 127 days
Active · 50 days
Active · 271 days
Active · 112 days
Pending · 186 days
Pending · 266 days
Pending · 130 daysActive and pending Riverwalk listings as of 2026-11-09, 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 Riverwalk Right Now (10)
All 10 active and pending Riverwalk listings with a detail page, newest first, refreshed twice a day from the MLS.
- 162 Riverwalk Circle #Lot 36 · $353,680 · 3 bd / 2 ba · listed Sep 20, 2026 · listed by Adams Homes Realty Inc
- 140 Riverwalk Circle #Lot 34 · $345,885 · 3 bd / 2 ba · listed Aug 11, 2026 · listed by Adams Homes Realty Inc
- 126 Riverwalk Circle #Lot 33 · $357,890 · 4 bd / 2 ba · listed Aug 11, 2026 · listed by Adams Homes Realty Inc
- 184 Riverwalk Circle #Lot 37 · $356,125 · 4 bd / 2 ba · listed Aug 11, 2026 · listed by Adams Homes Realty Inc
- 535 Riverwalk Circle #Lot 139 · $449,990 · 4 bd / 2.5 ba · listed Aug 11, 2026 · listed by Coldwell Banker Realty
- 175 S Speckled Trout Lane · $388,855 · 3 bd / 2 ba · listed Aug 11, 2026 · listed by HomeSmart Sunshine Realty
- 103 Riverwalk Circle · $350,000 · 4 bd / 2 ba · listed Aug 11, 2026 · listed by Keller Williams Success Realty
- 115 S Speckled Trout Drive · $399,000 · 3 bd / 2 ba · pending · listed Aug 11, 2026 · listed by Berkshire Hathaway HomeServices
- 24 Riverwalk Circle · $359,900 · 4 bd / 2 ba · pending · listed Aug 11, 2026 · listed by Corcoran Reverie SRB
- 460 Riverwalk Circle · $310,000 · 4 bd / 2 ba · pending · listed Aug 11, 2026 · listed by Christies International Real Estate Emerald Coast

Riverwalk is a new-construction pocket in Freeport, with homes built between 2021 and 2024 and a median around 2022. Price here is driven by that recency and by floor plan and finish rather than by any amenity package — the community has none identified from current MLS listings. The median sits at $335,000 on roughly 2,062 square feet, which tells you this is a value-per-square-foot story more than a lifestyle-premium story.
The current posture is a mild buyer's market. The median list-to-close pace of 23 days is brisk, but prices are off 2.7% year over year, so sellers do not have the leverage the fast pace might suggest. Buyers can move quickly on the right home without overpaying; sellers should price to the comps and the condition of their specific plan rather than reaching.
Figures in this note are as of July 25, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Riverwalk right now
🟢 Buyer-leaning market. 12.0 months of supply and 30% 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 November 9, 2026. Confidence: High (10 active and pending listings, 5 closed sales in 12 months).
What's unique here: the median sale price is about 48% below the typical Walton County sale ($345K vs $660K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 9, 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
Riverwalk market snapshot (as of November 9, 2026): the median sale price is about $345K, a median 75 days on market for closed sales, and 12.0 months of supply, a buyer-leaning market.
Riverwalk is a community of 145 homes in Freeport, Walton County, built between 2021 and 2024 (median 2022), with a median living area of about 2,062 square feet. 46% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Riverwalk is a compact, almost entirely new subdivision of about 145 homes in Freeport, Walton County — the kind of place where the product is consistent and the negotiation is about the individual house, not the block.
The setting & the homes.
Aerial and on-site photos of Riverwalk. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Emerald Coast MLS listings in Riverwalk; content deemed reliable but not guaranteed.
Who Riverwalk is best for.
Best for
- Buyers targeting newer construction around the $335,000 median in Walton County
- Buyers who value a roomy ~2,062 sq ft floor plan over amenity extras
- Buyers who can act inside a fast, roughly three-week transaction pace
Probably not for
- Buyers who need a pool, clubhouse, or other on-site amenities
- Buyers counting on quick appreciation given the year-over-year price dip
- Buyers who prefer established neighborhoods with mature landscaping and older housing stock
Housing distress & ownership in RIVERWALK, 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.
Riverwalk 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.
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 Riverwalk 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 Riverwalk address.
The Riverwalk buying strategy.
If we were buying in Riverwalk 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.
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.
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 Riverwalk.
A new-build tract where condition is the whole game
Everything in Riverwalk was built in a tight window, 2021 to 2024, so you are largely comparing near-identical vintages. That narrows the usual age-related surprises but puts the spotlight on plan, lot, and finish level — the spread in what any given home fetches is condition- and layout-driven, not neighborhood-tier driven. With no amenities identified in current listings, you are buying the house and the location, not a clubhouse or pool.
The homestead share sits at 45.7%, meaning a meaningful slice of these homes are not owner-occupied as a primary residence. That has practical implications: expect a mix of resale and non-primary-use inventory, and read each listing on its own terms. At a 2,062-square-foot median, the typical floor plan here is roomy enough to serve as a primary home while staying at an accessible median price for the area.
The location and the amenities are priced into every listing in Riverwalk. 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 Riverwalk 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 3 factors (3.5). Basis: Liquidity & Demand 12.0 months of supply; Owner Commitment 46% owner-occupied; Pricing Power 94.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a subdivision this uniform, the difference between a fair deal and an overpay is in the details — which plan, which lot, which finishes, and how a specific home compares to the last few closings. We track that at the plan level, price to the actual comps, and keep you honest on a market that is quick to transact but soft on price year over year.
Riverwalk in 15 seconds.
Tools for a Riverwalk 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 Riverwalk sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Riverwalk, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Riverwalk home worth?
Get a no-obligation home value based on real comparable sales in Riverwalk, 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 RIVERWALK
Homes in RIVERWALK 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. 1 on record.
- 717 Riverwalk Circle · off market
Recent Developments in Riverwalk
Development, infrastructure, retail, and school activity affecting Riverwalk, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
DeFuniak Springs tactical training firm plans campus expansion after multimillion-dollar contracts
Stronghold Test & Training Center, on a 50-acre campus at 150 Warfighter Way, plans a new complex with secure vaults, classrooms, offices and a 3D-printing prototyping bay. The company cites a $21 million Navy contract through 2030 and other federal awards; no cost, timeline or job count was given.
What it may mean for the marketDefense-linked contracting growth near Eglin and Hurlburt supports employer activity and specialized jobs in the DeFuniak Springs area. The project is about 19 miles north of Riverwalk, elsewhere in Walton County.
Source: Get The Coast - August 2026Infrastructure
Walton commissioners approve up to $4.69 million Westbay Parkway design contract
At its August 17, 2026 meeting, the Walton County Board of County Commissioners approved, on the consent agenda, a contract with Mott MacDonald for Westbay Parkway design not to exceed $4,693,502.38. The same agenda included a $184,117 Dewberry task order for the Santa Clara Regional Beach Access Bramble Grove addition.
What it may mean for the marketDesign work on Westbay Parkway is an early step toward added road capacity in western Walton County. The site is about 4 miles northwest of Riverwalk.
Source: Walton County Government - July 2026Infrastructure
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 4 miles northwest of Riverwalk.
Source: Get The Coast
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.
Recently sold in Riverwalk
- 717 Riverwalk Circle · sold $319,000
- 110 Riverwalk Circle #Lot 32 · sold $361,380
- 49 Cool Breeze Drive · sold $326,000
- 72 Riverwalk Circle · sold $355,000
- 740 Riverwalk Circle · sold $345,000
Closed sales from the MLS; each page shows the sold price, taxes and value history.
Frequently Asked Questions
What is the median home price in Riverwalk?
How long do homes in Riverwalk take to sell?
Is Riverwalk a buyer's or seller's market right now?
How many homes are in Riverwalk?
What share of Riverwalk is owner-occupied?
When were the homes in Riverwalk built?
Who is the best real estate agent for Riverwalk?
How do I find a top Freeport real estate agent who knows Riverwalk?
Can Momentum Realty connect me with an agent for Riverwalk?
Should you buy in Riverwalk?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Riverwalk with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: November 9, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending November 9, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32439)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-11-09 |
| Historical depth | Closed-sale records back to 2026 (5 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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See how RIVERWALK fits the bigger picture — live prices, inventory, and Momentum Scores:
