ZIP 32550 vs ZIP 32439

32550 is one of 7 ZIP codes that lie mostly in Walton County, FL.

Shaded by typical home value, it ranks 3 of the 7 with a value.

32439 is one of 7 ZIP codes that lie mostly in Walton County, FL.

Shaded by typical home value, it ranks 4 of the 7 with a value.

3 school locations in 32439: 1 elementary, 1 middle, 1 high.

In alphabetical order: FREEPORT ELEMENTARY SCHOOL, FREEPORT MIDDLE SCHOOL, and more on the ZIP page. Locations only — no ratings are shown here.

In January 2000 the typical home in 32550 was worth $280,441.

Values peaked at $763,829 in August 2022. The latest reading is −14.6% from that peak.

As of August 2026: $652,423, −0.4% over twelve months.

Start with the typical home: $652,423. Put 20% down and borrow $521,938 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $3,614 a month in principal and interest.

The median household here earns $96,269 a year, $8,022 a month. So the payment takes 45.0% of income — rated “severe” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 19.4% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $1,679.

In December 2020, with rates at 2.68%, it was $1,577.

By August 2026, at 6.67%, it was $3,357 — +113% since December 2020, while the home's value moved +34%.

Reported values rose +133% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $553,479. So the real change is +18%, not +133%.

32550: +133% since January 2000.

Walton County: +210% since January 2000.

Florida: +245% since January 2000 — 32550 ran behind it by 112 points.

Owning the typical home costs about $4,266 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $3,507 a month.

Price divided by a year's rent: 15.5. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

In January 2000 the typical home in 32439 was worth $117,218.

Values peaked at $422,679 in August 2022. The latest reading is −7.8% from that peak.

As of August 2026: $389,846, −2.4% over twelve months.

Start with the typical home: $389,846. Put 20% down and borrow $311,877 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,159 a month in principal and interest.

The median household here earns $77,500 a year, $6,458 a month. So the payment takes 33.4% of income — rated “stretched” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.1% in 2000.

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $702.

In December 2020, with rates at 2.68%, it was $953.

By August 2026, at 6.67%, it was $2,006 — +110% since December 2020, while the home's value moved +32%.

Reported values rose +233% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $231,342. So the real change is +69%, not +233%.

32439: +233% since January 2000.

Walton County: +210% since January 2000.

Florida: +245% since January 2000 — 32439 ran behind it by 12 points.

Owning the typical home costs about $2,549 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,789 a month.

Price divided by a year's rent: 18.2. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 92 a month (Redfin, 3-month rolling data through August 2026). That is 117% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 653. That is 140% of the 2015–2019 level for the same months.

Going out — closed sales: about 63 a month. That is 71% of the 2015–2019 level for the same months. The drain is drawn 50% narrower: the share of homes for sale that sell each month is 50% of its 2015–2019 level.

The ladder: homes for sale ÷ monthly sales = 10.3 months of supply — above the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 29 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 63 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 84 — so sales ran at 75% of it, and below it in 21 of the last 24 months.

Across Walton County, builders pulled permits for 2,399 new homes in 2025.

Of those, 59% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 88 a month (Redfin, 3-month rolling data through August 2026). That is 308% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 367. That is 222% of the 2015–2019 level for the same months.

Going out — closed sales: about 76 a month. That is 230% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 4.8 months of supply — inside the 4–6 month balanced range. In the basin, that is the water level against the shaded balanced band.

The net reading: about 12 more homes came on than sold each month, so inventory is growing. The basin is filling.

Homes sold: about 76 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 30 — so sales ran at 253% of it, and below it in 0 of the last 24 months.

Across Walton County, builders pulled permits for 2,399 new homes in 2025.

Of those, 59% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

This ZIP sits in Walton County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,436 moved in. Among the ten receiving the most, 1,166 moved out.

Net across those counties: +270 households. Beside it, homes for sale in this ZIP: 653 in June 2026.

Most arrivals came from Okaloosa, FL (860 households); most departures went to Okaloosa, FL (544).

This ZIP sits in Walton County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 1,436 moved in. Among the ten receiving the most, 1,166 moved out.

Net across those counties: +270 households. Beside it, homes for sale in this ZIP: 367 in June 2026.

Most arrivals came from Okaloosa, FL (860 households); most departures went to Okaloosa, FL (544).