32435 (Defuniak Springs)
Homes for Sale & Housing Market
Median sale price $220,500, down 3.3% year over year, with homes going under contract in about 68 days, 39 homes on the market.
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Housing Market Analyst
Inventory sits at 5.7 months of supply — balanced by the 3-to-6-month balanced benchmark, and 27% of listed homes are already under contract. Prices are down 3.3% versus the prior year, but sellers are still collecting 95.0% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 27% of inventory sits under contract.
- Mortgage sensitivity — at 8.3× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32435 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
The read on 32435 (Defuniak Springs)
The median sale price across 32435 currently stands at $220,500, down 3.3% from a year ago. The typical home goes under contract in about 68 days. Sellers are capturing 95.0% of their original asking price on average.
There are 39 active listings on the market, with 10 more already under contract. At the current sales pace that works out to 5.7 months of supply — roughly balanced conditions by the standard six-month benchmark. 83 homes closed here over the trailing 12 months.
Zillow's home value index for Walton County stands at $659,312. About 21% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32435 is 47 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
32435 since 2012 — and where it’s heading
A median home here sold for $70,849 in 2012 and $291,779 over the last recorded year — 312% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (860 recorded sales)
Days on market by year
Home value trend · Walton County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Walton County (MLS)
Median price · daily recalculation
What’s driving 32435
Top inbound states: GA, TX, AL, TN. Movers arriving report ~$178,385 average income. Source: IRS SOI county-to-county migration, 2022-2023
433 Citizens policies in force in Walton County — the state-backed insurer of last resort. Budget insurance into any Walton purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,427 single-family · 972 multi-family · 30.0 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 32435 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Walton
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 32435 ← this page | $220K | 39 | 47 | |
| 32459 | $950K | 501 | 38 | Open → |
| 32550 | $729K | 355 | 34 | Open → |
| 32439 | $385K | 303 | 48 | Open → |
| 32461 | $928K | 264 | 48 | Open → |
| 32433 | $220K | 68 | 38 | Open → |
Neighborhoods on the move
| OAKWOOD HILLS UNIT IDefuniak Springs | $186K | ▲ 11% |
| WINDSWEPT ESTATESFreeport | $532K | ▲ -6% |
| OAKWOOD LAKES ESTATESDefuniak Springs | $220K | ▲ -23% |
| OAKWOOD LAKES ESTATESDefuniak Springs | $220K | ▼ 23% |
| WINDSWEPT ESTATESFreeport | $532K | ▼ 6% |
| OAKWOOD HILLS UNIT IDefuniak Springs | $186K | ▼ 11% |
| WINDSWEPT ESTATESFreeport | $532K | 26 |
| OAKWOOD LAKES ESTATESDefuniak Springs | $220K | 7 |
| NONESUCH WAYPonce De Leon | $189K | 4 |
| Bay SpringsDefuniak Springs | $246K | 1 |
| JUNIPER LAKE ESTATESDefuniak Springs | $190K | 1 |
| Bay SpringsDefuniak Springs | $246K | 47 days |
| OAKWOOD LAKES ESTATESDefuniak Springs | $220K | 54 days |
| WINDSWEPT ESTATESFreeport | $532K | 61 days |
| OAKWOOD HILLS UNIT IDefuniak Springs | $186K | 93 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32435 right now?
The data says conditions currently favor neither side decisively in 32435 — the Momentum Score reads 47/100 with 5.7 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32435 becoming more affordable?
Yes, modestly — the median sale price in 32435 is $220,500, down 3.3% versus the prior year, while sellers still capture 95.0% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 32435?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are OAKWOOD LAKES ESTATES (-23%); WINDSWEPT ESTATES (-6%); OAKWOOD HILLS UNIT I (11%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32435 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Bay Springs (47 days); OAKWOOD LAKES ESTATES (54 days); WINDSWEPT ESTATES (61 days) — homes there go under contract well ahead of the market-wide pace of 68 days.
32435 (Defuniak Springs) housing market FAQ
How is the housing market in 32435 right now?
As of September 15, 2026, the 32435 housing market is roughly balanced: the median sale price is $220,500 (down 3.3% year over year), 39 homes are for sale against 83 sales in the last 12 months, which is 5.7 months of supply, and the typical home goes under contract in about 68 days.
How much is a house in 32435?
The median home sold for $220,500 in 32435 over the last 12 months; asking prices on the 39 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 32435?
By the numbers, sellers in 32435 are getting 95.0% of asking price and going under contract in about 68 days with 5.7 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 32435 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 32435 median sale prices are down 3.3% year over year, inventory stands at 5.7 months of supply, and 27% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 32435?
The median sale price in 32435 is currently $220,500, down 3.3% from a year ago, based on MLS sales data updated September 15, 2026.
Is 32435 a buyer's or seller's market right now?
The data currently is roughly balanced. 32435 scores 47 of 100 on the Momentum Score, with 5.7 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 32435?
The typical home in 32435 goes under contract in about 68 days, per current MLS data.
How many homes are for sale in 32435?
There are approximately 39 active listings in 32435 as of September 15, 2026.
Are home prices in 32435 rising or falling?
Median sale prices are down 3.3% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32435 (Defuniak Springs). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.