Spring Hill Estates
Homes for Sale in DeFuniak Springs, FL
All 209 homes for sale in DeFuniak Springs, FL · median $246,400 · 172 homes for sale in 32433 · Walton County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Emerald Coast MLS
As of October 2026, the MLS records 12 closed sales in Spring Hill Estates in DeFuniak Springs, FL since 2015, the most recent in July 2025. 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 190 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).
Last 30 days in Spring Hill Estates: 1 closed sale (median $481,000). As of October 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.

Spring Hill Estates is a small pocket in DeFuniak Springs, and with only 10 homes on record it behaves like a thin market: any single listing moves the numbers. Price here is driven far more by condition, lot, and the specific build than by any neighborhood-wide trend. With a build span from 1999 to 2024 and a median year built around 2008, you are looking at a mix of established and newer construction rather than a single vintage, so the spread you see in asking prices will track the age and updates of the individual house more than the address.
The high homestead share — roughly 82% — tells you most of these homes are owner-occupied rather than turned as rentals or flips, which typically means slower, deliberate turnover and fewer distressed sales. For a buyer, that means patience: inventory is scarce and you may wait for the right home. For a seller, it means your comps are limited and each showing carries weight, so pricing to condition matters more than chasing a headline number.
Figures in this note are as of July 26, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Spring Hill Estates is a compact, mostly owner-occupied enclave in DeFuniak Springs with a median living area around 2,293 square feet and homes built across roughly a quarter-century. It is a place defined by individual houses, not by a uniform product or shared amenity package.
Emerald Coast MLS sales records identify 11 homes in SPRING HILL ESTATES that have changed hands since 2014, built between 1999 and 2025 (median 2019), with a median living area of about 1,583 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.
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.
Who Spring Hill Estates is best for.
Best for
- Buyers seeking a roughly 2,300-square-foot single-family home who value owner-occupied stability
- Patient buyers comfortable waiting for the right listing in a small, low-turnover market
- Those who want flexibility to choose between newer construction and an established 2000s-era home
Probably not for
- Buyers who need pool, gate, or clubhouse amenities built into the community
- Shoppers who want a deep, always-available selection and quick move-in options
- Investors chasing high rental turnover or distressed-flip inventory
The market around Spring Hill Estates
Spring Hill 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 Spring Hill Estates specifically. Momentum Research analysis of MLS records.
The Spring Hill Estates buying strategy.
If we were buying in Spring Hill Estates today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Spring Hill Estates.
A thin market where the house sets the price
With ten homes and a build range from 1999 to 2024, Spring Hill Estates offers real variety inside a small footprint. The median living space of about 2,293 square feet points to genuine single-family homes rather than starter boxes, and the median year built near 2008 sits comfortably between the oldest and newest stock. Expect to evaluate each listing on its own merits — updates, lot, and condition — because there simply aren't enough sales to lean on a tidy per-square-foot average.
No community amenities show up in the current MLS listings, so this isn't an amenity-driven purchase — there's no pool, gate, or clubhouse premium baked into the price. What you're buying is the house and its location in Walton County. That keeps the value proposition straightforward, but it also means you should weigh proximity to what matters to you in DeFuniak Springs, since the neighborhood itself isn't selling a lifestyle package.
The location and the amenities are priced into every listing in Spring Hill Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the right price and the right timing come down to reading a handful of homes accurately, not applying a broad formula. We track Spring Hill Estates closely enough to tell you what a specific home is worth given its age and condition, and honest enough to tell you when to wait for the next listing instead of overpaying for the one in front of you.
Spring Hill Estates in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Spring Hill Estates buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Spring Hill Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Spring Hill Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Spring Hill Estates home worth?
Get a no-obligation home value based on real comparable sales in Spring Hill 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.
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Recently off market in SPRING HILL ESTATES
Homes in SPRING HILL ESTATES 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. 1 on record.
- 134 Deer Valley Drive · off market
| Location | DeFuniak Springs, Walton County, FL · ZIP 32433, 32434 |
|---|---|
| Homes in the community | 4 (FL DOR 2025 assessment roll) |
| Years built | 1999–2022 (median 2011.0) |
| Typical living area | 1,748 sq ft (median) |
| For sale right now | 0 active, 1 pending |
| Owner-occupied (homestead) share | 80% |
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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Spring Hill Estates key facts,” movewithmomentum.com/neighborhoods/spring-hill-estates, data as of September 20, 2026.
More DeFuniak Springs home searches
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DeFuniak Springs guides & data
- Market data
- Property taxes (Walton County)
- Homestead exemption (Walton County)
- Home insurance cost
- New construction
- New construction (Walton County)
- ZIP codes
- Home builders (Walton County)
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Frequently Asked Questions
How many homes are in Spring Hill Estates?
What share of Spring Hill Estates is owner-occupied?
When were the homes in Spring Hill Estates built?
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Where is Spring Hill Estates, and what county is it in?
Should you buy in Spring Hill Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Emerald Coast MLS, refreshed twice daily (last: October 19, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32433/32434)) |
| Under-contract shares | Emerald Coast MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2015 (12 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.
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See how SPRING HILL ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores:
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