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Featured local agent — DeFuniak Springs, FL
Sarah Mitchell
Compass Real Estate · DeFuniak Springs, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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DeFuniak Springs, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$247,990median sale price
How is the DeFuniak Springs, FL housing market right now?
The median home sale price in DeFuniak Springs, FL is $247,990, down 32.1% year-over-year. Homes sell in an average of 43 days with 68 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is DeFuniak Springs a buyer's or seller's market?
DeFuniak Springs, FL is currently a buyer's market, based on 7.6 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
43
Average pace
Active listings
68
7.6 months supply
Sale-to-list
97.3%
Below asking
What does the DeFuniak Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $247,990 |
| Median list price | $255,000 |
| Year-over-year price change | -32.1% |
| Average days on market | 43 days |
| Active inventory | 68 listings |
| Months of supply | 7.6 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $162/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 15 |
| Listings with a price cut | 36.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in DeFuniak Springs by property type?
How the DeFuniak Springs, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $247,990 | $162/sq ft | 9 | 43 days |
| Townhouse | $260,000 | $186/sq ft | 1 | 25 days |
Source: Redfin · Updated monthly
The DeFuniak Springs housing market is currently classified as a buyer's market with a median sale price of $247,990. Prices have fallen 32.1% compared to last year, with homes spending an average of 43 days on market, indicating 7.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in DeFuniak Springs
There are currently 68 homes listed for sale in DeFuniak Springs, Florida. The median listing price is $255K.
Active listings
68
Homes on market
Median list price
$255K
Avg. days on market
43
Days until sale
New this week
15
Newly listed
Who lives in DeFuniak Springs?
Population
6,284
Median income
$51,883/yr
Median age
34.2 years
Owner-occupied
67.0%
College grads
16.5%
Avg commute
27.5 min
Source: U.S. Census Bureau ACS
What are homes worth in DeFuniak Springs?
Zillow home value
$238,298
Zillow rent index
$1,608/mo
Price-to-rent ratio
12.3x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in DeFuniak Springs?
DeFuniak Springs is a community of approximately 6K residents with a median age of 34.2 years.The median household income is $51,883, which represents a working-class community with solid middle-income opportunities. 16.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, DeFuniak Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve DeFuniak Springs?
13 schools tracked · 3,916 students
The largest public schools serving DeFuniak Springs, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
WALTON HIGH SCHOOL
Grades 9-12 · 898 students
WALTON MIDDLE SCHOOL
Grades 6-8 · 775 students
WEST DEFUNIAK ELEMENTARY SCHOOL
Grades K-5 · 699 students
MAUDE SAUNDERS ELEMENTARY SCHOOL
Grades K-5 · 561 students
MOSSY HEAD SCHOOL
Grades PK-5 · 504 students
WALTON INITIATIVE FOR SUCCESS IN EDUCATION (WISE)
Grades PK-12 · 247 students
WALTON ACADEMY INC.
Grades 5-12 · 170 students
WALTON LEARNING CENTER
Grades 6-12 · 34 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near DeFuniak Springs, FL?
Want a head-to-head view? Compare DeFuniak Springs side-by-side with any other U.S. city using our market-comparison tool.
Is DeFuniak Springs a good real estate investment market?
For investors evaluating DeFuniak Springs, the price-to-rent ratio of 12.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 32.1% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on DeFuniak Springs's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using DeFuniak Springs's median home price.
Frequently asked questions
What is the average home price in DeFuniak Springs?
The median home sale price in DeFuniak Springs is $247,990, down 32.1% from last year.
How long do homes stay on market in DeFuniak Springs?
Homes typically spend 43 days on market before going under contract.
What is the median income in DeFuniak Springs?
The median household income is $51,883 per year.
Is DeFuniak Springs a buyer's or seller's market?
With 7.6 months of supply, DeFuniak Springs is currently a buyer's market.
What is the Zillow home value estimate for DeFuniak Springs?
The Zillow Home Value Index (ZHVI) for DeFuniak Springs is $238,298, representing the typical home value in the area.
How much does a single-family home cost in DeFuniak Springs?
The median single-family home price in DeFuniak Springs, FL is $247,990 (about $162 per square foot).
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