King Lake Estates
Homes for Sale in DeFuniak Springs, FL
All 213 homes for sale in DeFuniak Springs, FL · median $249,490 · 170 homes for sale in 32433 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, King Lake Estates in DeFuniak Springs, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $174,000, a median 80 days on market, sellers accepting 75% of original asking. Homes listed or recently sold were built 1998–2018; none of the 5 geocoded homes sit in a FEMA special flood hazard zone (median elevation 192 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $1,700 ($1,310 with the full homestead exemption).
| Location | DeFuniak Springs, Walton County, FL · ZIP 32433 |
|---|---|
| Home types (current listings and sales) | manufactured homes 60%, detached single family 20%, mobile homes 20% |
| Amenities listed by sellers | Waterfront |
| Sale prices, last 12 months | $174,000 median across 3 closed sales |
| Days on market (closed sales) | 80 median |
| For sale right now | 1 active, 1 pending · median asking $450,000 · 4.0 months of supply |
Data as of September 20, 2026. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Market figures describe homes, not residents. Cite as: Momentum Realty, “KING LAKE ESTATES key facts,” movewithmomentum.com/neighborhoods/king-lake-estates, data as of September 20, 2026.
Last 30 days in King Lake Estates: 1 under contract right now, 1 closed sale (median $218,000). As of October 2, 2026, Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate.
King Lake Estates is a thin market right now, with just three active listings and only a two-closing window to read against. That combination means price here is set less by a broad comp set and more by the condition and specifics of whatever is actually on the market at the time. With numbers this small, one atypical listing can skew the picture, so treat any single data point as a starting question, not an answer.
For a buyer, the posture is patient: limited inventory means you may wait for the right home rather than choose among many, and you should be ready to move when it appears. For a seller, thin competition can work in your favor, but it also means fewer recent sales to anchor a price to, so condition and honest positioning carry more weight than usual.
King Lake Estates right now
🟡 Balanced market. 4.0 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Emerald Coast MLS records, as of September 20, 2026. Confidence: Low (2 active and pending listings, 3 closed sales in 12 months).
What's unique here: the median sale price is about 56% below the typical Walton County sale ($174K vs $400K, trailing 12 months, Emerald Coast MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: Emerald Coast MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
King Lake Estates market snapshot (as of September 20, 2026): the median sale price is about $174K, a median 80 days on market for closed sales, and 4.0 months of supply, a balanced market.
In ZIP 32433 (DeFuniak Springs), 189 homes closed in the last 12 months at a median of $208K, down 2.5% year over year, with a median 89 days on market. Right now 69 active and 18 pending listings put supply at about 6.8 months — a buyer's market. See the live ZIP 32433 housing market and the Walton County market.
Emerald Coast MLS sales records identify 19 homes in KING LAKE ESTATES that have changed hands since 2003, built between 1965 and 2023 (median 1998), with a median living area of about 1,380 sq ft and a typical 3-bedroom, 2-bath layout. Source: Emerald Coast MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
King Lake Estates sits in DeFuniak Springs, in Walton County, and reads as a small, low-inventory pocket rather than a high-turnover subdivision. With no shared amenities identified from current listings, the value case here rests on the individual home and its site.
The setting & the homes.
Aerial and on-site photos of King Lake Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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King Lake EstatesPhotos from Emerald Coast MLS listings in King Lake Estates; content deemed reliable but not guaranteed.
Who King Lake Estates is best for.
Best for
- Patient buyers willing to wait for the right listing rather than pick from many
- Buyers who value a specific lot or home over community amenities
- Buyers comfortable underwriting a purchase on the property's own merits with limited comps
Probably not for
- Buyers who need shared amenities like a pool, clubhouse, or gated common areas
- Buyers who want a wide selection of active inventory to compare
- Buyers who need a deep set of recent sales to feel confident on price
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Emerald Coast MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($174K) IS the median in the snapshot above.
Windows contain 0 to 3 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Walton County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
22% of homes for sale in ZIP 32433 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 (2026-10-02).
King Lake Estates Market Scorecard
King Lake Estates is currently a balanced market. About 4.0 months of supply, a median asking price of $450,000, and homes go under contract in about 115 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Emerald Coast MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in KING LAKE ESTATES, DeFuniak Springs
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.
Homes For Sale Right Now in King Lake Estates
Live MLS inventory for King Lake Estates. 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 and pending King Lake Estates listings as of 2026-10-01, 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 King Lake Estates Right Now (2)
All 2 active and pending King Lake Estates listings with a detail page, newest first, refreshed twice a day from the MLS.
- 79 Kings Lake Boulevard · $450,000 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by NextHome Emerald Coast
- 535 Kings Lake Boulevard · $214,900 · 2 bd / 2 ba · pending · listed Jul 2, 2026 · listed by RE/MAX by the Sea
King Lake Estates 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, tiles © CARTO.
Schools
- Walton County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Mossy Head · Elementary
- Walton · Middle
- Walton · High
Zoned schools reflect the assignments reported on recent King Lake Estates 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 King Lake Estates address.
Shop the zone: Homes zoned for Walton High School
The King Lake Estates buying strategy.
If we were buying in King Lake Estates 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 King Lake Estates.
A small-sample market
Three active listings and a two-closing window is a limited dataset by any standard. That doesn't make the community bad or good; it makes it hard to generalize. Pricing here should be built from the specific home in front of you: its condition, its lot, and its finishes, rather than from a confident neighborhood average that simply doesn't have enough transactions behind it.
No community amenities surface in the current MLS listings, so this is not a place to buy for a pool, a clubhouse, or gated shared spaces. The appeal, where it exists, comes from the DeFuniak Springs and greater Walton County location and from the particular property itself. Do your diligence on each listing individually.
The location and the amenities are priced into every listing in King Lake Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the value we add is judgment, not volume. We read each of the few available listings on its own merits, help you understand why one is priced where it is, and tell you plainly when a home doesn't justify its ask. With limited comps, that hands-on reasoning is worth more than any automated number.
King Lake Estates 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 King Lake Estates 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 King Lake Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in King Lake Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your King Lake Estates home worth?
Get a no-obligation home value based on real comparable sales in King Lake Estates, 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 all homes for sale in DeFuniak Springs →
Recently off market in KING LAKE ESTATES
Homes in KING LAKE ESTATES that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 1064 Kings Lake Boulevard · off market
Frequently Asked Questions
What is the median home price in King Lake Estates?
How long do homes in King Lake Estates take to sell?
Is King Lake Estates a buyer's or seller's market right now?
Who is the best real estate agent for King Lake Estates?
How do I find a top DeFuniak Springs real estate agent who knows King Lake Estates?
Can Momentum Realty connect me with an agent for King Lake Estates?
Where is King Lake Estates, and what county is it in?
Should you buy in King Lake Estates?
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: October 1, 2026) |
| Community market stats | Emerald Coast MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2003 (24 transactions analyzed) |
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 local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how KING LAKE ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores:
More on King Lake Estates
- Home values · What homes in King Lake Estates actually sell for
Nearby Communities
Explore more neighborhoods near King Lake Estates with Momentum Realty’s local guides.