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Featured local agent — De Funiak Springs, FL
Sarah Mitchell
Compass Real Estate · De Funiak Springs, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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De Funiak Springs, FL Housing Market
The last median sale price Redfin published was $275,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 176 days, De Funiak Springs is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $275,000 home is about $1,414/mo in principal and interest.
Key numbers for De Funiak Springs, FL
Median sale price
$275,000
Last published period
Redfin, through September 2025
Days on market
176
Slow-moving
Redfin, through September 2025
Active listings
1
1.0 months of supply
Redfin, through September 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
83.6%
Selling below asking
Redfin, through September 2025
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is De Funiak Springs a buyer's or seller's market?
De Funiak Springs, FL is a balanced market, based on 1.0 months of supply and homes selling in about 176 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the De Funiak Springs housing market data show?
Every row below is Redfin's final published month for De Funiak Springs, FL. Redfin, through September 2025
| Metric | Value |
|---|---|
| Median sale price | $275,000 |
| Median price per sq ft | $129/sq ft |
| Median days on market | 176 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 83.6% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for De Funiak Springs is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in De Funiak Springs is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have De Funiak Springs home prices moved?
Across the 35 months we hold for De Funiak Springs, FL, the median sale price rose 61.8%, from $170,000 in April 2021 to $275,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 83.6%. Watch those two together — they move before the median does.
Redfin, through September 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in De Funiak Springs?
Priced off the median sale price of $275,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $55,000 | $220,000 | $1,414/mo |
| 5% | $13,750 | $261,250 | $1,679/mo |
Redfin, through September 2025 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,414, that implies roughly $60,591 a year before you add taxes and insurance. We do not hold a Census income figure for De Funiak Springs, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in De Funiak Springs in the next 12 months?
Tell us your timeline. We send the De Funiak Springs market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in De Funiak Springs?
Zillow does not publish a rent index (ZORI) for De Funiak Springs, FL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in De Funiak Springs?
Active listings in De Funiak Springs, FL went from 2 in October 2023 to 1 in September 2025, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| December 2023 | 1 | not published |
| January 2024 | 1 | 1 |
| March 2024 | 2 | not published |
| April 2024 | 1 | not published |
| September 2024 | 4 | 2 |
| October 2024 | 4 | 1 |
| November 2024 | 2 | not published |
| February 2025 | 3 | 1 |
| March 2025 | 5 | not published |
| April 2025 | 2 | not published |
| July 2025 | 3 | not published |
| September 2025 | 1 | not published |
Redfin, through September 2025
How does De Funiak Springs compare to Florida and the U.S.?
De Funiak Springs homes sell for $275,000 — 35% below the Florida median of $421,500. Against the national median of $410,700, De Funiak Springs runs 33% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| De Funiak Springs, FL | $275,000 | not published | 176 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through September 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in De Funiak Springs
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $265 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $275,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median De Funiak Springs listing goes under contract in 176 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 83.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside De Funiak Springs varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in De Funiak Springs
There are currently 1 homes listed for sale in De Funiak Springs, Florida.
Active listings
1
Homes on market
Avg. days on market
176
Days until sale
How much do homes cost in De Funiak Springs by property type?
How the De Funiak Springs, FL market breaks down across single-family homes, condos and townhouses. Redfin, through September 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $275,000 | $129/sq ft | 1 | 176 days |
Which cities are near De Funiak Springs, FL?
Ordered by distance from De Funiak Springs, not by size. Compare De Funiak Springs side by side with any of them.
De Funiak Springs housing market FAQ
Is De Funiak Springs a buyer's or seller's market?
De Funiak Springs, FL is currently a balanced market. That read comes from 1.0 months of supply, homes going under contract in about 176 days, and sellers getting 83.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in De Funiak Springs?
The median sale price in the last month Redfin published was $275,000, about $129 per square foot.
Is De Funiak Springs cheaper than the rest of Florida?
De Funiak Springs's median sale price of $275,000 is 35% lower than the Florida statewide median of $421,500, and 33% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in De Funiak Springs?
Homes in De Funiak Springs, FL spent a median of 176 days on market before going under contract, versus 66 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in De Funiak Springs?
At the current 30-year fixed rate of 6.66%, 20% down on a $275,000 home is about $1,414 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $60,591 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in De Funiak Springs?
We do not hold a complete 12-month value series for De Funiak Springs, FL yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in De Funiak Springs?
De Funiak Springs ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in De Funiak Springs?
That depends on your timeline, not on a headline. What the data says today: De Funiak Springs, FL is a balanced market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $275,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.