32435 (Defuniak Springs)
Housing Market
Median sale price $207,000, up 2.1% year over year, with homes going under contract in about 73 days, 29 homes on the market.
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Housing Market Analyst
Prices are up 2.1% versus the prior year and 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.
- Mortgage sensitivity — at 8.2× 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 $207,000, up 2.1% from a year ago. The typical home goes under contract in about 73 days. Sellers are capturing 95.0% of their original asking price on average.
There are 29 active listings on the market, with 10 more already under contract.
Zillow's home value index for Walton County stands at $654,436. 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 54 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
32435 since 2012 — and where it’s heading
A median home here sold for $81,741 in 2012 and $293,095 over the last recorded year — 259% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (838 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Walton County (Zillow ZHVI)
For-sale inventory · county (Zillow)
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.
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 | $207K | 29 | 54 | |
| 32459 | $926K | 500 | 44 | Open → |
| 32550 | $715K | 396 | 43 | Open → |
| 32439 | $389K | 234 | 55 | Open → |
| 32461 | $967K | 230 | 57 | Open → |
| 32433 | $207K | 58 | 49 | Open → |
Neighborhoods on the move
| OAKWOOD HILLS UNIT IDefuniak Springs | $188K | ▲ 18% |
| WINDSWEPT ESTATESFreeport | $532K | ▲ -9% |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | ▲ -27% |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | ▼ 27% |
| WINDSWEPT ESTATESFreeport | $532K | ▼ 9% |
| OAKWOOD HILLS UNIT IDefuniak Springs | $188K | ▼ 18% |
| WINDSWEPT ESTATESFreeport | $532K | 15 |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | 5 |
| Bay SpringsDefuniak Springs | $255K | 4 |
| NONESUCH WAYFreeport | $228K | 3 |
| JUNIPER LAKE ESTATESDefuniak Springs | $192K | 2 |
| Bay SpringsDefuniak Springs | $255K | 59 days |
| WINDSWEPT ESTATESFreeport | $532K | 71 days |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | 75 days |
| OAKWOOD HILLS UNIT IDefuniak Springs | $188K | 82 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 54/100. 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?
No — the median sale price in 32435 is $207,000, up 2.1% versus the prior year, while sellers still capture 95.0% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
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 (-27%); WINDSWEPT ESTATES (-9%); OAKWOOD HILLS UNIT I (18%). 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 (59 days); WINDSWEPT ESTATES (71 days); OAKWOOD LAKES ESTATES (75 days) — homes there go under contract well ahead of the market-wide pace of 73 days.
32435 (Defuniak Springs) housing market FAQ
What is the median home price in 32435?
The median sale price in 32435 is currently $207,000, up 2.1% from a year ago, based on MLS sales data updated August 6, 2026.
Is 32435 a buyer's or seller's market right now?
The data currently is roughly balanced. 32435 scores 54 of 100 on the Momentum Score. 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 73 days, per current MLS data.
How many homes are for sale in 32435?
There are approximately 29 active listings in 32435 as of August 6, 2026.
Are home prices in 32435 rising or falling?
Median sale prices are up 2.1% 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: August 6, 2026 at 7:18 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.