Is Defuniak Springs, FL 32435 a buyer’s or seller’s market?
Defuniak Springs is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 11% of U.S. ZIP codes, and #444 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Defuniak Springs housing market right now
In the three months ending August 31, 2026, 4% of homes in Defuniak Springs, FL 32435 sold above their list price, the typical home went under contract in 49 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 30 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 7%, homes sold faster (108 days then) and the median sale price rose 15% to $246,383. Overall, Defuniak Springs is more competitive than a year ago, so tougher for buyers.
Within Walton County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%. On our competition score, Defuniak Springs ranks #444 of 796 FL ZIP codes with enough sales (score 18 out of 100).
Nearby, Ponce De Leon 32455 (14% sold over asking) and Rosemary Beach 32461 (12% sold over asking) are even more competitive.
Run the numbers for 32435
Nearby markets
Defuniak Springs 32433Balanced $171 /sq ftFreeport 32439Balanced $198 /sq ftMiramar Beach 32550Buyer’s market $458 /sq ftPonce De Leon 32455Balanced $205 /sq ft Browse all markets →Towns like Defuniak Springs nearby
Find towns like Defuniak Springs in other states →Where Defuniak Springs is
Loading map…
Questions about Defuniak Springs real estate
Is Defuniak Springs a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Defuniak Springs, FL 32435 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Defuniak Springs?
The typical home went under contract in 49 days in the latest three months.
Do homes in Defuniak Springs sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Defuniak Springs?
About 0.45% of a home’s value a year in Walton County, or roughly $1,800 on a $400,000 home.
What is the median home price in Defuniak Springs?
The median sale price was $246,383 in the three months ending August 31, 2026, about $156 per square foot.
Local agents
See all agents in 32435 →No sponsored agents in 32435 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 32435
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology