Lake Rosemary South
Homes for Sale in DeFuniak Springs, FL

Lake Rosemary South is a small, condition-driven pocket of DeFuniak Springs in Walton County, with a compact set of homes ranging in age from the early 1980s to recent construction and no shared amenities identified from current listings.

Emerald Coast MLS sales records identify 17 homes in LAKE ROSEMARY SOUTH that have changed hands since 2006, built between 1999 and 2015 (median 2003), with a median living area of about 1,404 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.

County records show 8 qualified sales in LAKE ROSEMARY SOUTH across 2024–2024, median $236,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

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

In ZIP 32433, 207 homes are on the market and 18% are under contract — a steady corner of DeFuniak Springs.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

In ZIP 32433 (DeFuniak Springs), 189 homes closed in the last 12 months at a median of $208K, down 2.5% year over year, with a median 89 days on market. Right now 69 active and 18 pending listings put supply at about 6.8 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 Lake Rosemary South specifically. Momentum Research analysis of MLS records.

The defining trait here is variety in the housing stock itself. With a median year built of 2003 and homes dating back to 1983 alongside builds as recent as 2023, buyers should expect to underwrite each property on its own merits — roof, systems, and updates — rather than assume a neighborhood standard. The median living area sits around 1,434 square feet, so these are modest footprints, and any comparison should weigh condition heavily.

There are no community amenities identified from current MLS listings, which keeps carrying costs simple but also means value rests almost entirely on the home and its lot. With just 55 homes and roughly 44% owner-occupied, listings are infrequent enough that a serious buyer benefits from being ready to move when something well-suited comes up.

In a small, mixed-vintage pocket like this, the number that matters most is condition-adjusted value — and that takes local eyes on each home. We track the limited turnover here, price against the true state of a property rather than its year built alone, and tell you plainly when a listing is overpriced for the work it needs.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.