Market Intelligence · FL / Walton County

Defuniak Springs, FL home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$232K1-yr changeUp0.5%

The typical home value in Defuniak Springs, FL is $232K as of September 2026, up 0.5% from a year ago, based on the Zillow Home Value Index. In the typical Defuniak Springs ZIP code, the median list price is $306K and homes spend a median of 80 days on market as of September 2026 (Realtor.com).

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The coverage

Defuniak Springs, by the numbers.

Typical home valueZillow ZHVI, September 2026
$232K
1-yr changeMedian across Defuniak Springs ZIPs
+0.5%
ZIP markets live
2
County
Walton County

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12-month value trend

+0.5% over 12 months

Typical home value in Defuniak Springs over the last 12 months: $231K in Sep 2025 to $232K in Sep 2026 (+0.5%).

Sep 2025$231K

Sep 2026$232K

Median Zillow home value index across Defuniak Springs's ZIP codes.

Context

Defuniak Springs homes have a typical value of $235,016, up 0.9% over the past year as of August 2026. The city currently has 140 homes for sale, with a median list price of $305,600 and a median of 80 days on market as of September 2026. New listings reached 42 in that same period. About 19.6% of current listings have seen a price cut, which suggests some sellers are adjusting expectations. For homeowners considering a sale, the slow inventory movement and prevalence of price reductions indicate a buyer-favorable environment where patience and realistic pricing matter.

The numbers

What is the housing market like in Defuniak Springs, FL?

Typical home value

$232K

Up0.5%YoY

Median list price

$306K

Days on market

80

Homes for sale

140

Price cuts

19.6%

New listings

42

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Defuniak Springs's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Defuniak Springs, FL home prices over time

Typical home values in Defuniak Springs, FL are up 0.5% over the past year, from $231K in September 2025 to $232K in September 2026.

Typical home value in Defuniak Springs, FL, September of each year
MonthTypical value1-yr change
September 2026$231,975+0.5%
September 2025$230,806No prior year

Typical value is the median Zillow Home Value Index across Defuniak Springs ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Defuniak Springs, FL a buyer's or seller's market?

Defuniak Springs, FL leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 80 days on market and 20% of listings with a price cut in the typical Defuniak Springs ZIP code, and 42 new listings against 140 active listings across Defuniak Springs, as of September 2026 (Realtor.com).

The outlook

Defuniak Springs housing market forecast 2027

-0.3%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Defuniak Springs ZIP codes, points to typical home values holding roughly flat by September 2027 (down 0.3%).

Over the 12 months through September 2026, typical home values in Defuniak Springs rose 0.5%, per the Zillow Home Value Index.

Will home prices drop in Defuniak Springs?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Defuniak Springs shows typical home values holding roughly flat by September 2027 (down 0.3%), after a 0.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Defuniak Springs ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Defuniak Springs?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Defuniak Springs?

Top real estate agents in Defuniak Springs, FL

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Common questions

Questions about Defuniak Springs, FL home prices.

What is the typical home value in Defuniak Springs?

The typical home value in Defuniak Springs is $235,016, up 0.9% over the past year as of August 2026.

How long do homes typically stay on the market?

As of September 2026, homes in Defuniak Springs have a median of 80 days on market.

How many homes are currently for sale?

There are 140 homes for sale in Defuniak Springs as of September 2026, with 42 new listings in that month and a median list price of $305,600.

Are home prices going up or down in Defuniak Springs, FL?

Typical home values in Defuniak Springs, FL are up 0.5% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Defuniak Springs, FL a buyer's or seller's market?

Defuniak Springs, FL leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 80 days on market and 20% of listings with a price cut in the typical Defuniak Springs ZIP code, and 42 new listings against 140 active listings across Defuniak Springs, as of September 2026 (Realtor.com).

Nearby markets

More Florida housing markets.

The market is moving

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