Commercial Real Estate Market in Freeport, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
341 active listings and 364 off-market properties in Freeport, FL. Commercial property asks $68/SF to buy and $19.30/SF/Yr to lease.
Market Trends
Freeport, FL spans 96.5 square miles in Walton County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Freeport, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Freeport, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Freeport, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Freeport, FL asks $314/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 32.6%
- Civic 26.4%
- Industrial 16.2%
- Commercial 14.8%
- Agricultural 5.8%
- Open space 4.2%
Largest Zones share of zoned land by district
Rural Village
High Density Residential
Low Density Residential
General Commercial
Residential Commercial
Rural Village (RV)
The purpose of RV zone is to provide single family residential and neighborhood scale businesses and public uses, such as churches or schools
Market overview
Demographics & Economy
Freeport, FL has 12,943 residents in 6,772 households. Density runs 134 people per square mile. Median household income here is $77,500 and median gross rent $1,657 a month.
12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Point Washington | — | — |
| Santa Rosa Beach | — | $25.05 |
| Bruce | — | — |
| Defuniak Springs | — | $19.33 |
Commercial property in Freeport, FL asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Freeport?
Commercial property in Freeport, FL asks an average of $68 per square foot. The 7 most recent recorded sales traded at a median of $431/SF. Multifamily carries the highest asking price at $314/SF.
How much does it cost to lease commercial space in Freeport?
Asking lease rates in Freeport, FL average $19.30 per square foot per year.
Where does Realmo's Freeport market data come from?
Realmo compiles Freeport, FL figures from 8 recent recorded sales, 312 active sale listings, 29 active lease listings, 364 tracked off-market properties, the current Freeport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 312 active for-sale and 29 active for-lease listings in Freeport, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 16,362 zoned acres across 14 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
