OAKWOOD HILLS UNIT I
Homes for Sale in DeFuniak Springs, FL

Community in DeFuniak Springs · Walton County · ZIP 32433
1,152 homesBuilt 1910–2024Median sale $188K
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Live Market Pulse
42/100
Market Heat
Near its long-run normal
2013 → 2026 · 86 at the 2022 peak
0 is OAKWOOD HILLS UNIT I's coldest market since 2013, 100 its hottest. Today: 42. How it's scored
Built fromLive emeraldcoast data31 years of closingsFL DOR public recordsUpdated twice daily
Live · OAKWOOD HILLS UNIT I Housing Pulse emeraldcoast + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$188K
Median sold · 12 mo
up 17.7% vs the prior 12 months
+17.7%
1-yr price change
n = 48 and 41 sales in the two windows
94.2%
Sale vs ask
Walton median: 94.5%
+337%
T12M median vs 2012
from a $43K median in 2012
Tempo
83days
Median DOM · closed
13 days at the 2021 low
48
Sold · last 12 mo
10-yr average: about 25 a year
Ownership and context
38%
Owner-occupied · OAKWOOD HILLS UNIT I
533 of 1391 parcels homesteaded (FL DOR 2025)
62%
Non-owner-occupied · OAKWOOD HILLS UNIT I
incl. 13% trust or LLC-held · 6% out-of-state
0%
Cash buyers · OAKWOOD HILLS UNIT I
0 of 48 sales, 12 mo ending July 2026
1,152
Homes in the community
plus 239 vacant residential lots · 1391 residential parcels (FL DOR 2025)
Track record · 31 years of records
Est. 1910
Community established
homes built 1910-2024, median 2006 (FL DOR 2025)
4.2%/yr
Turnover rate
about 48 of 1152 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Oakwood Hills Unit I is a condition-driven market, not a location-premium one. The median sits at $188,250, but that single figure hides a wide spread: this is a large pocket of roughly 1,152 homes built across more than a century, from 1910 to 2024, with the middle of the stock landing around 2006. What sets an individual price here is age, updates, and shape of the specific house far more than any address effect. Two homes on the same street can trade very differently depending on how much work has been done.

The posture right now is warm but patient. Prices are up 17.7% year over year, and the longer arc since 2012 is up 337%, so this has been a rising market. But the median home takes about 82.5 days to go under contract, and a market heat score of 42 says buyers have time to think. Sellers should price to the honest condition of the house and expect the market to reward preparation rather than urgency. Buyers have room to negotiate and inspect without being rushed.

OAKWOOD HILLS UNIT I Housing Pulse · Momentum Research · as of July 25, 2026

OAKWOOD HILLS UNIT I right now

🟢 Still climbing. The trailing-12-month median ($188K) is up 17.7% from the prior 12 months ($160K) and up 337% since 2012. With about 25 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level emeraldcoast closed sales, 12-month windows ending July 25. Confidence: Very High (48 and 41 sales in the two windows).

What's unique here: the median sale price is about 72% below the typical Walton County sale ($188K vs $684K, trailing 12 months, emeraldcoast records).

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

Updated July 25, 2026 · Live data: emeraldcoast, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

OAKWOOD HILLS UNIT I market snapshot (as of July 25, 2026): the median sale price is about $188K, and a median 83 days on market for closed sales. The trailing-12-month median is up 18% from the prior 12 months and up 337% since 2012, computed from record-level emeraldcoast closed sales (48 closings in the current window).

OAKWOOD HILLS UNIT I is a community of 1,152 homes in DeFuniak Springs, Walton County, built between 1910 and 2024 (median 2006), with a median living area of about 1,343 square feet. 38% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Oakwood Hills Unit I is a deep, varied inventory in DeFuniak Springs, Walton County, where the wide range of build years means every home has to be judged on its own merits rather than a neighborhood template.

Best for

  • Buyers targeting a mid-range budget who want space and are comfortable vetting condition
  • Investors or second-home buyers reading a market with a lower homestead share
  • Renovation-minded buyers who see value in older stock priced on its bones

Probably not for

  • Buyers who want consistent, new-construction-only finishes across every listing
  • Anyone who needs to close fast and won't sit through an 80-plus-day pace
  • Buyers expecting a tight, predictable price band rather than a wide condition-driven spread

Windows contain 4 to 48 sales each (48 in the current window); every figure carries its sample size. 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.

Median sale price · trailing 12 mo
$100K$200K20122014201620182020202220242026
Up 17.7% year over year; up 337% since 2012.
Median days on market · closed sales
25507520122014201620182020202220242026
13 days at the 2021 low; 83 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
94.2% now vs Walton 94.5%.
Homes sold per 12-mo window
0204020122014201620182020202220242026
4 to 48 a year; 48 in the current window.
Indexed since 2012 · OAKWOOD HILLS UNIT I vs Walton
200400Walton +204%OAKWOOD HILLS UNIT I +337%20122014201620182020202220242026
Same emeraldcoast record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014201620182020202220242026
86 at the 2022 peak, 28 in the troughs, 42 now. Same score as the hero card, full history.

If we were buying in OAKWOOD HILLS UNIT I 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 HILLS UNIT I.

Best Buy
Buyers willing to judge a home on condition, not a neighborhood template.
Biggest Risk
The wide build range means quality varies sharply house to house.
Sweet Spot
A well-updated home near the $188,250 median that has done its homework.
Avoid If
You need a uniform, move-in-consistent product across the community.

A condition market, not an address market

With a median living area around 1,343 square feet and a build range spanning 1910 to 2024, this is one of those communities where the label tells you less than the individual listing does. A century-old home and a newly finished one can carry the same postal footprint but demand completely different diligence. The single number worth anchoring to is the median price of $188,250; treat everything above or below it as a function of size, updates, and finish rather than any starting or ceiling price, because that range simply is not defined by the data.

The homestead share sits near 38%, meaning a meaningful portion of the stock is not owner-occupied primary residences. That matters for both sides: it signals a market with investor and secondary-use interest, and it means comparable sales can reflect a mix of use cases. Read the comps carefully and weight them by condition.

The location and the amenities are priced into every listing in OAKWOOD HILLS UNIT I. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.5B · Buy Score
Long-Term Appreciation10.0/10
Recent Direction10.0/10
Owner Commitment3.8/10
Pricing Power6.2/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.5). Basis: Long-Term Appreciation +337% since 2012; Recent Direction +17.7% year-over-year; Owner Commitment 38% owner-occupied; Pricing Power 94.2% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market this varied, the value is in reading each house honestly against the median rather than a range that does not exist. We walk the specific property, weigh its build year and condition against the roughly 82.5-day pace, and price or offer to reality. No inflated ceilings, no manufactured urgency.

OAKWOOD HILLS UNIT I in 15 seconds.

Best forBuyers willing to judge a home on condition, not a neighborhood template.
Biggest advantageDeep inventory and a patient pace that leaves room to inspect and negotiate.
Biggest riskThe wide build range means quality varies sharply house to house.
Sweet spotA well-updated home near the $188,250 median that has done its homework.
Avoid ifYou need a uniform, move-in-consistent product across the community.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • 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 HILLS UNIT I sales matched to your home.

What is your OAKWOOD HILLS UNIT I home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in OAKWOOD HILLS UNIT I?
The median sale price in OAKWOOD HILLS UNIT I was $188K over the 12 months ending July 25, 2026 (48 closed sales, emeraldcoast).
How long do homes in OAKWOOD HILLS UNIT I take to sell?
Homes that closed in the 12 months ending July 25, 2026 took a median 83 days on market (48 sales, emeraldcoast).
How many homes are in OAKWOOD HILLS UNIT I?
The Florida DOR 2025 assessment roll shows 1,152 homes plus 239 vacant residential lots in OAKWOOD HILLS UNIT I (public records).
What share of OAKWOOD HILLS UNIT I is owner-occupied?
38% of OAKWOOD HILLS UNIT I parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in OAKWOOD HILLS UNIT I built?
Homes in OAKWOOD HILLS UNIT I were built between 1910 and 2024, with a median year built of 2006 (FL DOR 2025 roll).
Do cash buyers compete in OAKWOOD HILLS UNIT I?
Cash buyers took 0% of OAKWOOD HILLS UNIT I sales in the 12 months ending July 2026 (0 of 48 closings, emeraldcoast).
Have OAKWOOD HILLS UNIT I home prices gone up?
The trailing-12-month median is up 337% since 2012, from $43K to $188K (emeraldcoast closed records).
Who is the best real estate agent for OAKWOOD HILLS UNIT I?
The best agent for OAKWOOD HILLS UNIT I 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 OAKWOOD HILLS UNIT I.
How do I find a top DeFuniak Springs real estate agent who knows OAKWOOD HILLS UNIT I?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows OAKWOOD HILLS UNIT I and the wider DeFuniak Springs area.
Can Momentum Realty connect me with an agent for OAKWOOD HILLS UNIT I?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your OAKWOOD HILLS UNIT I purchase or sale - no call center and no pressure.
Buyers targeting a mid-range budget who want space and are comfortable vetting conditionExcellent fit
Investors or second-home buyers reading a market with a lower homestead shareExcellent fit
Renovation-minded buyers who see value in older stock priced on its bonesExcellent fit
Buyers who want consistent, new-construction-only finishes across every listingProbably not
Anyone who needs to close fast and won't sit through an 80-plus-day paceProbably not
Buyers expecting a tight, predictable price band rather than a wide condition-driven spreadProbably not

Data sources & freshness

Community market statsemeraldcoast closed sales, 12-month windows ending July 25, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (60 streets, ZIP 32433/32434/32435))
Historical depthClosed-sale records back to 1995 (402 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 emeraldcoast 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.

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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 emeraldcoast member average and 8 days faster, and we’ll price yours against live your area comps.

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