Riverwalk
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, Riverwalk Ph I in Freeport, FL has 10 homes for sale and 2 pending, asking from $329,000 to $449,990 (median $358,902). Homes listed or recently sold were built 2022–2026 with 5 new construction; none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 22 ft).
17% of homes for sale in Riverwalk 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 (2026-09-19).
Riverwalk Ph I Market Scorecard
Riverwalk Ph I is currently a thin data market. Limited supply, a median asking price of $358,902, and homes go under contract in about 77 days.
Typical home value in the 32439 ZIP is $391,682, right around the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
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 · 39 daysTop listing
Active · 100 days
Active · 164 days
Active · 172 days
Active · 36 days
Active · 20 days
Active · 164 days
Active · 5 days
Active · 54 days
Active · 286 days
Pending · 186 days
Pending · 45 daysActive and pending Riverwalk 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 Riverwalk Ph I Right Now (12)
All 12 active and pending Riverwalk Ph I listings with a detail page, newest first, refreshed twice a day from the MLS.
- 740 Riverwalk Circle · $339,000 · 4 bd / 2 ba · pending · listed Jul 27, 2026 · listed by Inlet Beach Real Estate
- 140 Riverwalk Circle #Lot 34 · $345,885 · 3 bd / 2 ba · listed Jul 20, 2026 · listed by Adams Homes Realty Inc
- 110 Riverwalk Circle #Lot 32 · $361,680 · 3 bd / 2 ba · listed Jul 13, 2026 · listed by Adams Homes Realty Inc
- 126 Riverwalk Circle #Lot 33 · $356,125 · 4 bd / 2 ba · listed Jul 5, 2026 · listed by Adams Homes Realty Inc
- 535 Riverwalk Circle #Lot 139 · $449,990 · 4 bd / 2.5 ba · listed Jun 30, 2026 · listed by Coldwell Banker Realty
- 175 S Speckled Trout Lane · $398,855 · 3 bd / 2 ba · listed Jun 30, 2026 · listed by HomeSmart Sunshine Realty
- 72 Riverwalk Circle · $374,900 · 4 bd / 3 ba · listed Jun 30, 2026 · listed by Corcoran Reverie SRB
- 24 Riverwalk Circle · $374,900 · 4 bd / 2 ba · listed Jun 30, 2026 · listed by Corcoran Reverie SRB
- 103 Riverwalk Circle · $350,000 · 4 bd / 2 ba · listed Jun 30, 2026 · listed by Keller Williams Success Realty
- 460 Riverwalk Circle · $329,000 · 4 bd / 2 ba · listed Jun 30, 2026 · listed by Christies International Real Estate Emerald Coast
- 49 Cool Breeze Drive · $329,000 · 4 bd / 2 ba · listed Jun 30, 2026 · listed by Compass
- 115 S Speckled Trout Drive · $399,000 · 3 bd / 2 ba · pending · listed Jun 30, 2026 · listed by Berkshire Hathaway HomeServices
Riverwalk in Freeport is a small, phase-specific pocket, and the current picture is simple: 10 active listings and no community amenities that show up in the MLS data. With no shared pool, gate, or clubhouse feeding the value story, price here is driven by the home itself — condition, finishes, lot, and how a given owner has maintained the property. Expect a wide spread rather than a tidy price band, because you are comparing individual houses, not a resort package.
For buyers, that means the work is in the walkthrough, not the marketing. Two homes listed within days of each other can deserve very different offers. For sellers, the message is the same in reverse: you win on condition and presentation, not on amenities you don't have. With 10 homes competing, the well-prepped listing separates itself quickly and the deferred-maintenance one sits.
The 60-Second Overview
Riverwalk is a defined phase within Freeport, in Walton County, currently carrying 10 active listings with no amenities identified from the MLS. Treat it as a place where the specific house — not a community package — sets the value.
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.
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
RiverwalkRiverwalkRiverwalkRiverwalkRiverwalkRiverwalkRiverwalkRiverwalkPhotos from Emerald Coast MLS listings in Riverwalk; content deemed reliable but not guaranteed.
Who Riverwalk is best for.
Best for
- Buyers who prioritize the individual home's condition and lot over shared amenities
- Mainland-Freeport buyers who want to stay off the higher-priced beach corridor
- Value-focused buyers willing to do a careful comparison across a small active pool
Probably not for
- Buyers who require a pool, clubhouse, or gated entry from an HOA
- Buyers who need deep comparable-sales data before committing
- Buyers wanting beach-adjacent living rather than a mainland Walton County location
Housing distress & ownership in RIVERWALK PH I, 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.
Shop the zone: Homes zoned for Freeport High School
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 August 2026.
- 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 project is about 23 miles east of Riverwalk, elsewhere in Walton County.
Source: Get The Coast - June 2026Civic
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 7 miles north 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.
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.
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 Riverwalk.
A condition-driven market, not an amenity one
Because no community amenities surface in the current listings, the usual amenity premium isn't part of the pricing equation here. That shifts all the weight onto the individual property: layout, updates, lot position, and upkeep. When you evaluate a home in Riverwalk, benchmark it against the other actively listed homes on those tangible features rather than assuming a shared standard.
Freeport sits on the mainland side of Walton County, which keeps it distinct from the beach-adjacent markets nearby. With a shallow pool of 10 active homes, comparable-sales work is thin and every new listing meaningfully changes the competitive set. That's exactly the situation where a careful, house-by-house read pays off more than a headline number.
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.
Why work with Momentum here
In a 10-listing phase with no amenity story to lean on, the value is in reading each house honestly and pricing it against a small, shifting comp set. We do that block by block in Freeport, and we'll tell you plainly when a specific listing is asking condition-money it hasn't earned — or when one is genuinely underpriced for what it is.
Riverwalk 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 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 homes for sale in Riverwalk on the map →
Should you buy in Riverwalk?
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) |
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 your area comps.
Looking to buy here? Search homes for sale →
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More Freeport & Destin, Okaloosa & Walton (Emerald Coast) guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Destin, Okaloosa & Walton (Emerald Coast) or the full Neighborhood Finder.
See how RIVERWALK PH I fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Riverwalk
Where is Riverwalk?
Riverwalk is a community in Freeport, Walton County, Florida.
Are there homes for sale in Riverwalk right now?
Yes — 10 active and 2 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Riverwalk have an HOA or CDD?
No HOA is on record for Riverwalk in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
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