Market Intelligence · FL / Defuniak Springs

Defuniak Springs, FL 32433 Housing Market

In Defuniak Springs, FL 32433, the typical home value is $226,646, down 0.6% over the past year as of September 2026. The median list price is $304,250, and homes are taking a median 74 days to sell.

Updated September 2026Median value$227K

The median home value in Defuniak Springs, FL 32433 is $227K as of September 2026, down 0.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 32433 range

$209K to $245K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.6% over 12 months

Sep 2025$228K

Low $227KHigh $231K

Sep 2026$227K

The numbers

What is the 32433 housing market like?

As of September 2026

Typical home value

$227K

0.6%YoY

Median list price

$304K

4.9%MoM

Days on market

10.8%MoM

Homes for sale

11.8%MoM

Price cuts

17.3%

2.9%MoM

New listings

25.0%MoM

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

The outlook

32433 housing market forecast 2027

-0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32433 to stay roughly flat by September 2027 (down 0.2%).

Over the 12 months through September 2026, typical home values in 32433 fell 0.6%, per the Zillow Home Value Index.

Will home prices drop in 32433?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32433 to stay roughly flat by September 2027 (down 0.2%), after a 0.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 32433 home prices compare?

32433$226,646
Defuniak Springs$231,975
Florida$344,436
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Defuniak Springs: 2 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 95 homes for sale in Defuniak Springs, FL 32433, with 30 new listings coming on the market. The gap between the $304,250 median list price and the $226,646 typical home value suggests many active listings are aimed above the broader value level. A median 74 days on market points to a slower pace, and 17.3% of listings have taken a price cut. Sellers should price carefully and expect buyers to negotiate.

Monthly payment

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Home price

Down payment20% · $45,329

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Common questions

What people ask us.

How much is a home in 32433 worth?

The typical home value in Defuniak Springs, FL 32433 is $226,646 as of September 2026, down 0.6% over the past year.

Are homes in 32433 selling quickly?

The median days on market is 74 as of September 2026, which indicates a slower selling pace.

Are sellers cutting prices in 32433?

As of September 2026, 17.3% of listings have a price cut, while 30 new listings were added and 95 homes were for sale.

Discover

Nearby ZIP markets.

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