Walton County · North of Choctawhatchee Bay

Freeport

Twenty minutes from 30A and less than half the price per square foot — 560 properties for sale, and a hundred of them on the water.

Browse Properties

Over the 331 Bridge

The closest thing to 30A that most people can afford

Freeport sits at the top of Choctawhatchee Bay, straight up Highway 331 from Santa Rosa Beach. The drive to the sand is about twenty-five minutes. The price is $213 a square foot against roughly $545 on the coast.

That gap is why Freeport has been the fastest-growing town in Walton County for years, and why 127 of the 560 listings here are new construction. It is not a beach town pretending otherwise — it is a place people live, with the beach as a weekend rather than a front door.

544Homes and condos
for sale now

$415KMedian
asking price

142Currently
under contract

2%Listings marked
rental-allowed

Short-term rental permission is decided by the HOA and can be further restricted on an individual property by its deed. This figure reflects how listings are marked in the MLS, not what any particular home is allowed to do — always have it verified before counting on rental income.

793Homes sold
past 12 months

$391KMedian
sold price

74Median days
on market

99.7%Sold-to-list
price ratio

Closed sales in Freeport over the last 12 months. Source: MLS, as of 31 August 2026.

Closed sales by quarter

Homes closed each quarter in Freeport, Q4 '25 – Q2 '26. Source: Emerald Coast MLS. Complete quarters only.

Median sold price by quarter

Median sold price by quarter in Freeport, Q4 '25 – Q2 '26. Source: Emerald Coast MLS. Complete quarters only.

Lagrange Bayou Road. View is of Choctawhatchee Bay on a sunny day mid day

The Part People Miss

A hundred and five waterfront listings

Freeport is on the bay, and the bayous that feed it — Lagrange, Fourmile, Black Creek. 105 of the 560 properties listed here are waterfront. On 30A that would be unthinkable at these numbers. Here it buys a dock, a boat and a view of open water for less than a condo costs eight miles south.

Where People Actually Buy

Hammock Bay, and everything around it

Hammock Bay is the biggest single community up here — 74 homes listed today, averaging about $651,000, with its own amenities and a Bird Song section adding 18 more. Windswept Estates has 28, Natureview 16, Ashton Park 14. And at the other end, Owl’s Head runs to an average near $2.5 million on acreage. Freeport is not one market either; it is a planned-community market and a land market sitting next to each other.

What the Numbers Say

Freeport sells faster than the beach does

766Sold in the
last 12 months

132Average days
to sell

$213Per square foot
average sale

94.8%Of original
asking price

Seven hundred and sixty-six sales in a year, closing in an average of 132 days at 94.8% of the original asking price. Compare that with Miramar Beach at 314 days and 92.4%, or Destin at 155 and 90.9%.

Inland sells faster and holds its price better. That runs against what most people assume, and it is worth knowing in both directions — buyers have less room to negotiate here than on the coast, and sellers should not be talked into a coastal-length timeline.

Emerald Coast MLS, sales closed in the twelve months to August 2026, outliers excluded.

One Honest Caveat

You almost certainly cannot rent it out

Only 8 of the 560 listings in Freeport permit short-term rental — about 1%. If income from weekly rentals is part of your plan, this is the wrong town and we would rather say so on the page than after the drive. Look at Miramar Beach at 67%, or the Panama City Beach condo buildings, where several run at 100%.

What Freeport has actually been doing

Freeport moves faster than the beach markets, and a snapshot taken on one day will not show you that. We have counted what is for sale here and what is under contract every Friday morning since June 2025 – our own record, not an MLS report, because no feed keeps this.

Freeport — Homes for sale and under contract, every week

381 for sale ▲ 14%

125 under contract ▲ 33%

33% of inventory under contract ▲ 18%

Over the last twelve months the number of homes for sale in Freeport rose 14%, and the number under contract rose 33%. A larger share of the inventory is now under contract than a year ago, which is the direction that favors sellers.

Homes for sale Under contract

Our own count, taken every Friday. 49 weeks from 19 September 2025 to 11 September 2026. Counts are of active and under-contract listings on the Emerald Coast MLS at the time of each count, and are not a valuation of any property.

Freeport Real Estate

Worth a look before you rule out the area

A lot of people arrive certain they want the beach and leave owning something twenty minutes north with a dock on it. Tell us the budget and what the week actually looks like, and we will show you both.

View Freeport Listings Talk to Darrell & Angela

On the Market Now

Homes for sale in Freeport

Freeport is where most of the area’s new construction is happening, and it offers more square footage per dollar than anywhere on the coast. Current listings: