Defuniak Springs
Housing Market
Median sale price $189,888, up 8.3% year over year, with homes going under contract in about 102 days, 41 homes on the market.
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Housing Market Analyst
Prices are up 8.3% versus the prior year and sellers are still collecting 93.8% 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 Defuniak Springs data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
Where Defuniak Springs is hot — and where it isn't
Each dot is a community (11 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Defuniak Springs
The median sale price across Defuniak Springs currently stands at $189,888, up 8.3% from a year ago. The typical home goes under contract in about 102 days. Sellers are capturing 93.8% of their original asking price on average.
There are 41 active listings on the market, with 18 more already under contract.
Defuniak Springs prices sit below the Walton County median by roughly 70%. 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 Defuniak Springs is 50 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.
Defuniak Springs since 2012 — and where it’s heading
A median home here sold for $81,741 in 2012 and $207,629 over the last recorded year — 154% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (831 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 Defuniak Springs
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.
How it stacks up across Walton County
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Defuniak Springs ← this page | $190K | 41 | 50 | |
| Santa Rosa Beach | $925K | 359 | 47 | Open → |
| Miramar Beach | $778K | 346 | 40 | Open → |
| Freeport | $389K | 234 | 55 | Open → |
| Inlet Beach | $1.54M | 127 | 40 | Open → |
Neighborhoods on the move
| OAKWOOD HILLS UNIT IDefuniak Springs | $188K | ▲ 18% |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | ▲ -27% |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | ▼ 27% |
| OAKWOOD HILLS UNIT IDefuniak Springs | $188K | ▼ 18% |
| MOSSY Head Unit VDefuniak Springs | $180K | 11 |
| Cat Island Estates EnclaveDefuniak Springs | $255K | 10 |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | 5 |
| Bay SpringsDefuniak Springs | $255K | 4 |
| MCCARTHY ESTATESDefuniak Springs | $253K | 4 |
| Bay SpringsDefuniak Springs | $255K | 59 days |
| OAKWOOD LAKES ESTATESDefuniak Springs | $207K | 75 days |
| MOSSY Head Unit VDefuniak Springs | $180K | 81 days |
| OAKWOOD HILLS UNIT IDefuniak Springs | $188K | 82 days |
| Cat Island Estates EnclaveDefuniak Springs | $255K | 84 days |
Defuniak Springs ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Defuniak Springs right now?
The data says conditions currently favor neither side decisively in Defuniak Springs — the Momentum Score reads 50/100. 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 Defuniak Springs becoming more affordable?
No — the median sale price in Defuniak Springs is $189,888, up 8.3% versus the prior year, while sellers still capture 93.8% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in Defuniak Springs?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are OAKWOOD LAKES ESTATES (-27%); 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 Defuniak Springs neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Bay Springs (59 days); OAKWOOD LAKES ESTATES (75 days); MOSSY Head Unit V (81 days) — homes there go under contract well ahead of the market-wide pace of 102 days.
How does Defuniak Springs compare to the rest of Walton County?
Defuniak Springs's median of $189,888 runs 70% below the county-wide median of $640,000, and homes here take 102 days to go under contract versus 77 county-wide.
Defuniak Springs housing market FAQ
What is the median home price in Defuniak Springs?
The median sale price in Defuniak Springs is currently $189,888, up 8.3% from a year ago, based on MLS sales data updated August 6, 2026.
Is Defuniak Springs a buyer's or seller's market right now?
The data currently is roughly balanced. Defuniak Springs scores 50 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in Defuniak Springs?
The typical home in Defuniak Springs goes under contract in about 102 days, per current MLS data.
How many homes are for sale in Defuniak Springs?
There are approximately 41 active listings in Defuniak Springs as of August 6, 2026.
Are home prices in Defuniak Springs rising or falling?
Median sale prices are up 8.3% 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 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.