Freeport

Freeport

Located in Walton County

$537,072 Average Value
$229 Average Price per Sq Ft
331 Homes For Sale

Bayou beauty on the Emerald Coast

Local legend has it that Freeport got its name when during the Civil War when some unclaimed wine cases were found near the shipping docks. The townsfolk were invited to enjoy some “free port.” While chances are more likely that the panhandle community got its name from being a free place to dock, the story seems to match the city’s vibe.

Set along the shores of LaGrange Bayou and the Choctawhatchee Bay, Freeport is a community where local roots go back to the 1830 settlement of boaters, fishermen and farmers. Retail trade and construction are the leading industries today, but fishing, boating and farming remain pillars of the community. The once-small town is home to a fast-growing population of roughly 20,000. Freeport’s warm spirit, bayou beauty and increasing number of new developments make it a standout in south Walton County.

Freeport is full of places to escape into nature, get a boat on the water and cast a line.
Freeport is full of places to escape into nature, get a boat on the water and cast a line.
The public marina in Freeport has become a gathering place for the community.
The public marina in Freeport has become a gathering place for the community.
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New construction is all over Freeport

“Freeport is the fastest growing city in our area, and it’s high up there in the whole state, too,” says Sabine Robertson, a broker for Sea Haus Realty. The median price here is around $391,000, lower the national median. Developers have descended upon the ample stretches of vacant land, plotting out new subdivisions of New Traditional and classic ranch-style houses surrounded by dense pine forests, lakes and waterways. The 3,000-acre, master-planned Hammock Bay community is at the forefront of this push; its bayfront homes are popular for their private docks. “I think more people live in Hammock Bay than the rest of Freeport,” Robertson says.

Freeport is one of the fastest growing cities in the area with many new subdivisions of new traditional homes.
Freeport is one of the fastest growing cities in the area with many new subdivisions of new traditional homes.
Residents at Hammock Bay in Freeport can also enjoy games like corn hole when visiting Props Craft Brewery.
Residents at Hammock Bay in Freeport can also enjoy games like corn hole when visiting Props Craft Brewery.
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The Walton County School District

The Walton County School District is No. 9 on Niche’s list of Florida’s best school districts. Niche grades the district an overall A-minus and ranks Freeport Senior High — also graded A-minus — as the best high school in the county. Students at Freeport High enjoy small classes. Those interested in a future in manufacturing can enroll in the school’s advanced manufacturing program. In December 2024, the brand-new Freeport Middle opened its doors. The county spent $81 million on the development to keep up with Freeport’s growing population.

Freeport Senior High School recognizes and encourages students individual capabilities.
Freeport Senior High School recognizes and encourages students individual capabilities.
Freeport Middle School prepares the leaders of tomorrow.
Freeport Middle School prepares the leaders of tomorrow.
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A boater’s paradise and Freeport Bayfest

Freeport is full of places to escape into nature, get a boat on the water and cast a line. Marse Landing at Four Mile Creek is the heart of the boating and fishing scene, featuring many boat slips. Outside the city, locals can hunt, hike and bike around the Lafayette Creek Wildlife Management Area, which spans over 3,000 acres. The Freeport Sports Complex has more traditional park amenities, from barbecue grills and picnic pavilions to ballfields, walking trails and athletic courts. The park hosts the annual Freeport Bayfest, bringing food trucks, craft vendors, a cooking competition, live music and more into town.

Marse Landing at Four Mile Creek is the heart of the boating and fishing scene in Freeport.
Marse Landing at Four Mile Creek is the heart of the boating and fishing scene in Freeport.
Freeport residents love to spend time outdoors at Freeport Regional Sports Complex.
Freeport residents love to spend time outdoors at Freeport Regional Sports Complex.
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New developments on Main Street and fast-food joints on U.S. 331

Freeport doesn’t have a traditional downtown, but more shopping and dining options are cropping up with each new development – such as Hammock Bay’s General Store. “Ten years ago, there wasn’t even a Publix,” Robertson says with a laugh. Folks can run errands in town on U.S. Route 331, a growing commercial corridor with fast-food chains and other conveniences. As for local mainstays, The Oar House Pub & Oyster Bar opened in 2020. The family-owned and -operated spot quickly became a favorite among boaters thanks to its location in Marina Village — the city’s public marina.

Freeport folks can run errands in town on U.S. Route 331, a growing commercial corridor.
Freeport folks can run errands in town on U.S. Route 331, a growing commercial corridor.
Freeport residents love the General Store in the heart of Hammock Bay neighborhood.
Freeport residents love the General Store in the heart of Hammock Bay neighborhood.
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U.S. 331 and Florida 20

Freeport has one park-and-ride location on Main Street. U.S. 331 and Florida Road 20 are the main thoroughfares. Access to Interstate 10 is about 15 miles north. The closest hospital is in Defuniak Springs, the county seat, 15 miles north of Freeport.

Crime

Freeport’s crime rates are not readily available, but Niche gives the city a B grade for crime.

Micaela Willoughby
Written By
Micaela Willoughby
Paul Ayala
Photography Contributed By
Paul Ayala
Adam Barkley
Video By
Adam Barkley

Interested in learning more about homes in this area? Reach out to Yvonne Summerfield, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Freeport Housing Trends

Housing Trends

Median List Price
$409,875
Median Sale Price
$399,000
Median Single Family Sale Price
$410,322
Median Townhouse Sale Price
$245,000
Median 2 Bedroom Sale Price
$219,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
708
Median Home Sale Price YoY Change
$2
Average Price Per Sq Ft
$229

Neighborhood Facts

Number of Homes for Sale
331
Months of Supply
5.60

Open Houses

  • Thursday, Jun 19
    11am - 2pm

    84 Oyster Blvd, Freeport, FL 32439

    $435,000

    • 4 Beds
    • 2.5 Baths
    • 2,109 Sq Ft
    • 84 Oyster Blvd
    • New 25 days ago

    Welcome Home! This 4 bed, 2.5 bath gem by Randy Wise Homes features a smart layout, spacious living, and timeless finishes. You'll love the natural light, serene views, and quality craftsmanship throughout. Located in one of Freeport's most sought-after neighborhoods, enjoy easy access to parks, schools, and the Bay. Walk to the playground, community pool, fishing ponds, and dog park—fun for all

    Agent Photo
    Julie Pruitt-Gann
    Real Broker LLC
    (850) 468-2292
  • Saturday, Jun 14
    11am - 3pm

    44 Great Horned Owl Ct, Freeport, FL 32439

    $442,900

    • 4 Beds
    • 3 Baths
    • 2,377 Sq Ft
    • 44 Great Horned Owl Ct
    • New 17 days ago

    Welcome to 44 Great Horned Owl Court, a new home located at Owl's Head Farms in Freeport Florida. This home is ready for move in. The Destin floor plan features an expansive great room, where the open concept design showcases 9' ceilings with additional tray ceilings in the living room and primary bedroom. You'll find elegant, engineered vinyl plank flooring throughout the home with carpet in

    Agent Photo
    Eric Weisbrod
    DR Horton Realty of Emerald Coast LLC
    (850) 753-8613
  • Saturday, Jun 14
    11am - 3pm

    225 Gray Owl Dr, Freeport, FL 32439

    $373,900

    • 5 Beds
    • 3 Baths
    • 2,043 Sq Ft
    • 225 Gray Owl Dr

    Welcome to 225 Gray Owl Drive, a new home at Owl's Head in Freeport, Florida. This home is ready for move in and features the Lakeside floor plan. The entry hall and foyer seamlessly transition into a spacious living area filled with natural light. The heart of the home features a kitchen with granite countertops, a large island with space for seating, and stainless-steel appliances. White shaker

    Agent Photo
    Eric Weisbrod
    DR Horton Realty of Emerald Coast LLC
    (850) 845-9111

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Freeport Has More Owners

Demographics

Total Population
7,322
Median Age
39
Population under 18
26.5%
On par with the national average
23.8%
Population over 65
16.1%
On par with the national average
19.1%

Finances

Median Household Income
$50,815
Significantly below the national average
$71,702
Average Household Income
$77,535

Education and Workforce

High School Graduates
93.5%
On par with the national average
89.1%
College Graduates
32%
Advanced Degrees
10.3%
On par with the national average
13.3%
% Population in Labor Force
65.2%

Weather

Annual Precipitation
64''
Average Winter Low Temperature
38°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Freeport