Bay Springs in DeFuniak Springs

Bay Springs
Homes for Sale in DeFuniak Springs, FL

All 206 homes for sale in DeFuniak Springs, FL · median $251,400 · 46 homes for sale in 32435 · Walton County homes for sale

Community in DeFuniak Springs · Walton County · ZIP 32435
Median sale $246K
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS dataUpdated twice daily

As of September 2026, Bay Springs in DeFuniak Springs, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 25 recorded sales closed at a median of $246,490, a median 47 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2025–2026 with 19 new construction; none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 165 ft). At the median price and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $2,410 ($2,020 with the full homestead exemption).

Bay Springs key facts
LocationDeFuniak Springs, Walton County, FL · ZIP 32435
Home types (current listings and sales)detached single family 100%
Sale prices, last 12 months$246,490 median across 25 closed sales
Days on market (closed sales)47 median
For sale right now3 active, 4 pending · median asking $247,490 · 1.4 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, “Bay Springs key facts,” movewithmomentum.com/neighborhoods/bay-springs, data as of September 20, 2026.

Last 30 days in Bay Springs: 2 new listings (median asking $242,490), 4 under contract right now, 3 closed sales (median $214,990). As of September 26, 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.

Live · Bay Springs Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$246K
Median sold · 12 mo
99.8%
Sale vs ask
Walton median: 97.0%
Tempo
1.4mo
Supply
3 to 6 months is the balanced band
47days
Median DOM · closed
47 days at the 2026 low
57%
Under contract
Walton: 18% (698 of 3,872)
3 · 4
For sale · pending
live counts, refreshed twice daily
25
Sold · last 12 mo
10-yr average: about 25 a year

Homes For Sale Right Now in Bay Springs

Live MLS inventory for Bay Springs. 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 Bay Springs listings as of 2026-09-26, 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 Bay Springs Right Now (7)

All 7 active and pending Bay Springs listings with a detail page, newest first, refreshed twice a day from the MLS.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bay Springs is a thin market. With only 4 active listings and 16 closings in the tracked window, price here is set less by the neighborhood as a whole and more by the specific condition and setup of whatever is actually for sale. The median sits around the mid-$250s ($254,740), but with this few data points, one updated or one dated home moves the needle hard. Treat the median as a starting reference, not a ceiling or a floor.

At a median of 59 days on market, this is not a place where listings clear in a weekend. That posture cuts both ways: sellers should price to condition and expect a deliberate timeline rather than a bidding war, and buyers generally have room to inspect, negotiate, and walk if the numbers do not work. With so little inventory, though, the right home does not come along often, so a prepared buyer still needs to move decisively when it does.

Bay Springs Housing Pulse · Momentum Research · as of September 20, 2026

Bay Springs right now

🔴 Seller-leaning market. 1.4 months of supply and 57% of the inventory already under contract give sellers the pressure advantage.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: Very High (7 active and pending listings, 25 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 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

Bay Springs market snapshot (as of September 20, 2026): the median sale price is about $246K, a median 47 days on market for closed sales, and 1.4 months of supply, a seller-leaning market.

In ZIP 32435 (DeFuniak Springs), 124 homes closed in the last 12 months at a median of $208K, down 2.7% year over year, with a median 66 days on market. Right now 41 active and 10 pending listings put supply at about 5.7 months — a buyer's market. See the live ZIP 32435 housing market and the Walton County market.

Emerald Coast MLS sales records identify 24 homes in Bay Springs that have changed hands since 2026, built between 2025 and 2026 (median 2026), with a median living area of about 1,569 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. 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.

Bay Springs is a small, low-volume pocket of DeFuniak Springs in Walton County where the handful of active and recently closed homes define the market more than any single trend line. Expect to underwrite each property on its own merits.

Best for

  • Buyers targeting a mid-$250s budget who want a detached home and will evaluate condition closely
  • Patient buyers comfortable with a deliberate, roughly two-month market pace
  • Buyers who value a Walton County location over an amenity package

Probably not for

  • Buyers who need community amenities such as a pool or clubhouse
  • Buyers wanting deep inventory and many comparable homes to choose from
  • Investors counting on quick resale in a fast-moving market

Housing distress & ownership in Bay Springs, DeFuniak Springs

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend — 0.0% now (2026-08-10 → 2026-09-19)

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.

Listing locations from Emerald Coast MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Walton County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • West Defuniak · Elementary
  • Walton · Middle
  • Walton · High

Zoned schools reflect the assignments reported on recent Bay Springs 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 Bay Springs address.

If we were buying in Bay Springs today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Bay Springs.

Best Buy
Buyers who want a standalone home in Walton County and will judge each listing on its own merits.
Biggest Risk
Thin data — few listings and closings make pricing harder to pin down.
Sweet Spot
A well-conditioned home priced honestly against recent closings.
Avoid If
You need shared amenities or a fast, competitive resale market.

A condition-driven market with thin inventory

No community amenities surface in the current MLS listings, so the value proposition here rests on the homes themselves and the location within DeFuniak Springs rather than shared facilities or an amenity package. That keeps the analysis simple: you are buying a house and a lot, and price should track condition, acreage, and updates rather than a lifestyle premium.

Because closings and active count are both low, comparable sales are scarce and can be stale. A median near the mid-$250s tells you where the middle of recent activity landed, but it says little about the spread. Lean on a close read of each listing's condition and a disciplined comp analysis instead of assuming the median applies to your target home.

“

The location and the amenities are priced into every listing in Bay Springs. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, the median hides more than it reveals, and stale comps can mislead on both sides of the table. We underwrite each Bay Springs property on its own condition and setup, pressure-test the pricing against what little has actually closed, and keep you patient where a 59-day pace rewards patience and decisive where scarce inventory rewards speed.

Bay Springs in 15 seconds.

Best forBuyers who want a standalone home in Walton County and will judge each listing on its own merits.
Biggest advantageA slower pace gives buyers room to inspect and negotiate.
Biggest riskThin data — few listings and closings make pricing harder to pin down.
Sweet spotA well-conditioned home priced honestly against recent closings.
Avoid ifYou need shared amenities or a fast, competitive resale market.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Bay Springs homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Bay Springs.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bay Springs sales matched to your home.

What is your Bay Springs home worth?

Get a no-obligation home value based on real comparable sales in Bay Springs, 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 →

Real comps, not an automated estimate.

Recently off market in Bay Springs

Homes in Bay Springs 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. 8 on record.

How much local inventory is already under contract

18% of homes for sale in ZIP 32435 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 (2026-09-27).

Bay Springs Market Scorecard

Strong seller's market

Bay Springs is currently a strong seller's market. About 1.4 months of supply, a median asking price of $247,490, and homes go under contract in about 11 days.

1.4
Months supply
$247,490
Median list
$237,485
Median sold
n/a
Per sqft
11
Days on mkt
3/4/25
Active/Pend/Sold

Typical home value in the 32435 ZIP is $239,859, about 23.2% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

What is the median home price in Bay Springs?
The median sale price in Bay Springs was $246K over the 12 months ending September 20, 2026 (25 closed sales, Emerald Coast MLS).
How long do homes in Bay Springs take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 47 days on market (25 sales, Emerald Coast MLS).
Is Bay Springs a buyer's or seller's market right now?
As of September 20, 2026, Bay Springs leans toward sellers: 1.4 months of supply at the current sales pace (Emerald Coast MLS live counts).
Who is the best real estate agent for Bay Springs?
The best agent for Bay Springs is one who actively works DeFuniak Springs and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Bay Springs.
How do I find a top DeFuniak Springs real estate agent who knows Bay Springs?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Bay Springs and the wider DeFuniak Springs area.
Can Momentum Realty connect me with an agent for Bay Springs?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Bay Springs purchase or sale - no call center and no pressure.
Where is Bay Springs, and what county is it in?
Bay Springs is in DeFuniak Springs, Walton County, FL, ZIP 32435. The community's center is about 24 miles west of the center of DeFuniak Springs (straight-line).
Is Bay Springs a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Bay Springs: the median sale price over the last 12 months was $246K (25 sales), 26% above the DeFuniak Springs median of $195K; homes took a median 47 days to go under contract; supply is 1.4 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.
Buyers targeting a mid-$250s budget who want a detached home and will evaluate condition closelyExcellent fit
Patient buyers comfortable with a deliberate, roughly two-month market paceExcellent fit
Buyers who value a Walton County location over an amenity packageExcellent fit
Buyers who need community amenities such as a pool or clubhouseProbably not
Buyers wanting deep inventory and many comparable homes to choose fromProbably not
Investors counting on quick resale in a fast-moving marketProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: September 26, 2026)
Community market statsEmerald Coast MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2026 (25 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 →

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Nearby Communities

Explore more neighborhoods near Bay Springs with Momentum Realty’s local guides.

Nonesuch Way0.7 mi away · median $189K, 6 sales/12 moOaklawn1.1 mi away · 23 homes, built 1953–01Quail Ridge Estates Lakes Adn1.1 mi away · 18 homes, built 1984–24Pine Shores (Okaloosa)1.2 mi away · 1 for saleCountry Club Manor (Walton)1.6 mi away · 27 homes, built 1984–17CCCountry Club Manor South1.6 mi awayHarris S D (Walton)1.9 mi away · 29 homes, built 1910–20Heath S1.9 mi away · 14 homes, built 1900–77, 1 for sale

Browse all neighborhood guides →

Thinking of selling in Bay Springs? 25 recorded closings; median 47 days on market (window ending 2026-09-20). See the Walton County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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