King Lake Estates
Homes for Sale in DeFuniak Springs, FL

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.

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.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

King Lake Estates is too small for its own price trend, so here is the market around it.

In ZIP 32433, 179 homes are on the market and 21% are under contract — a steady corner of DeFuniak Springs.

Across Walton County, 2,879 homes are active and 587 pending (17% under contract).

In ZIP 32433 (DeFuniak Springs), 43 homes closed in the last 12 months at a median of $239K, with a median 82 days on market. Right now 28 active and 4 pending listings put supply at about 7.8 months — a buyer's market. See the live ZIP 32433 housing market and the Walton County market.

ZIP and county figures describe the wider market, not King Lake Estates specifically. Momentum Research analysis of MLS records.

• 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.

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.

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.