Oakwood Estates in DeFuniak Springs

Oakwood Estates
Homes for Sale in DeFuniak Springs, FL

All 213 homes for sale in DeFuniak Springs, FL · median $249,490 · 170 homes for sale in 32433 · Walton County homes for sale

Community in DeFuniak Springs · Walton County · ZIP 32433
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Photo via Emerald Coast MLS

Built fromLive Emerald Coast MLS data6 years of closingsUpdated twice daily

As of October 2026, Oakwood Estates in DeFuniak Springs, FL has 1 home for sale. As of October 2026, the MLS records 1 closed sale in Oakwood Estates in DeFuniak Springs, FL, the most recent in November 2020. Across DeFuniak Springs as a whole, 93 homes closed in the last 12 months at a median of $195,000, 100 median days on market, with 41 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $1,900 ($1,520 with the full homestead exemption).

Live · Oakwood Estates Housing Pulse Emerald Coast MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Walton: 18% (698 of 3,872)
1 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Oakwood Estates in DeFuniak Springs is a thin-inventory situation right now: one active listing as of mid-2026. With a single home on the market, there is no meaningful spread to read, and price will be set by that specific property's condition, lot, and how motivated the seller is rather than by any broad community trend.

For a buyer, that means the negotiation is one-on-one and the comparison set is limited, so you lean on recent closed sales and a clear-eyed look at the home itself. For a seller, a lone competitor is an advantage on availability but not a substitute for pricing to the market. Treat any headline number here as a single data point, not a pattern.

The 60-Second Overview

Oakwood Estates is a small pocket in Walton County's DeFuniak Springs, inland from the coast, and current MLS activity is limited to a single listing. Expect to make decisions on individual homes rather than on community-wide momentum.

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.

Best for

  • Buyers targeting a specific home in inland Walton County who can act on limited inventory
  • Patient buyers willing to wait for the right property to list
  • Buyers who value the fundamentals of house and lot over shared amenities

Probably not for

  • Buyers who need several homes to compare before committing
  • Buyers seeking a community with pools, trails, or other shared amenities
  • Buyers on a firm timeline who cannot wait for new inventory

The market around Oakwood Estates

Oakwood Estates 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 Oakwood Estates specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in OAKWOOD ESTATES, 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 9 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.

Homes For Sale Right Now in Oakwood Estates

Live MLS inventory for Oakwood Estates. 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 Oakwood Estates listings as of 2026-07-25, 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 Oakwood Estates Walton Right Now (1)

All 1 active and pending Oakwood Estates Walton listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 511 Howlin Road · $165,000 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by Beach Realty of Florida

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 Oakwood 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 Oakwood Estates address.

If we were buying in Oakwood Estates 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 Oakwood Estates.

Best Buy
Buyers who want a specific home in DeFuniak Springs and can move when it appears.
Biggest Risk
With one listing, there is almost no comparison set inside the community itself.
Sweet Spot
A well-priced individual property vetted against recent closed sales.
Avoid If
You need choice, urgency, or an amenity-driven community.

A one-listing market

There are no shared amenities identified from current MLS listings, so value here rests on the fundamentals: the house, the lot, and location within DeFuniak Springs rather than on an amenity package or community draw. That keeps the analysis simple but also puts the burden of due diligence on the property itself.

With inventory this thin, timing matters more than usual. A buyer may wait for the right home to surface; a seller listing into a quiet market benefits from scarcity but should still price against recent closings, not aspiration. Either way, the right move is to work the individual property hard rather than trade on assumptions about the neighborhood.

“

The location and the amenities are priced into every listing in Oakwood Estates. 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 with one active listing, the value we add is judgment on a single property: pulling the right comparable sales, reading condition against price, and telling you plainly when a home is worth pursuing and when it is not. We cover the Emerald Coast feed and Walton County closely, so you get local context instead of a guess.

Oakwood Estates in 15 seconds.

Best forBuyers who want a specific home in DeFuniak Springs and can move when it appears.
Biggest advantageScarce inventory means little direct competition for a listed home.
Biggest riskWith one listing, there is almost no comparison set inside the community itself.
Sweet spotA well-priced individual property vetted against recent closed sales.
Avoid ifYou need choice, urgency, or an amenity-driven community.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Oakwood Estates 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 Oakwood Estates.
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 Oakwood Estates sales matched to your home.

What is your Oakwood Estates home worth?

Get a no-obligation home value based on real comparable sales in Oakwood Estates, 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.
Buyers targeting a specific home in inland Walton County who can act on limited inventoryExcellent fit
Patient buyers willing to wait for the right property to listExcellent fit
Buyers who value the fundamentals of house and lot over shared amenitiesExcellent fit
Buyers who need several homes to compare before committingProbably not
Buyers seeking a community with pools, trails, or other shared amenitiesProbably not
Buyers on a firm timeline who cannot wait for new inventoryProbably not

Data sources & freshness

Live listingsEmerald Coast MLS, refreshed twice daily (last: July 25, 2026)
Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2020 (1 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 →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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Common questions about Oakwood Estates

Where is Oakwood Estates?

Oakwood Estates is a community in DeFuniak Springs, Walton County, Florida, ZIP 32433.

Are there homes for sale in Oakwood Estates right now?

Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.

Does Oakwood Estates have an HOA or CDD?

No HOA is on record for Oakwood Estates in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Oakwood Estates with Momentum Realty’s local guides.

Oakwood Lakes Estates0.3 mi away · median $208K, 13 sales/12 moSSStinson S S D1.2 mi awayAero Homes1.3 mi away · 26 homes, built 1952–23Juniper Estates1.5 mi away · median $235K, 3 sales/12 moAutumn Woods (Walton)1.5 mi away · 73 homes, built 1966–24, 1 for saleImperial Lakes1.5 mi away · 37 homes, built 1970–23Rustling Pines1.5 mi away · 48 homes, built 1940–24, 1 for sale

Browse all neighborhood guides →

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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,772/mo
Walton County typical true cost to own
$162/mo
Walton County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.