Market Intelligence · FL / Defuniak Springs

Defuniak Springs, FL 32435 Housing Market

In Defuniak Springs, FL 32435, the typical home value is $237,303, up 1.6% over the past year as of September 2026. The median list price sits at $306,950, and homes are spending a median of 86 days on the market.

Updated September 2026Median value$237K

The median home value in Defuniak Springs, FL 32435 is $237K as of September 2026, up 1.6% 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 32435 range

$218K to $256K

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

+1.6% over 12 months

Sep 2025$234K

Low $234KHigh $241K

Sep 2026$237K

The numbers

What is the 32435 housing market like?

As of September 2026

Typical home value

$237K

1.6%YoY

Median list price

$307K

5.5%MoM

Days on market

5.5%MoM

Homes for sale

2.3%MoM

Price cuts

21.8%

40.1%MoM

New listings

40.0%MoM

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

The outlook

32435 housing market forecast 2027

-0.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 32435 to stay roughly flat by September 2027 (down 0.4%).

Over the 12 months through September 2026, typical home values in 32435 rose 1.6%, per the Zillow Home Value Index.

Will home prices drop in 32435?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 32435 to stay roughly flat by September 2027 (down 0.4%), after a 1.6% rise 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 32435 home prices compare?

32435$237,303
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 were 45 homes for sale in the 32435 ZIP code, with 12 new listings added during the month. The median list price is $306,950, while the typical home value is $237,303, up 1.6% over the past year. Homes are taking a median of 86 days to sell, and 21.8% of listings have had a price cut. That points to a market where buyers have room to negotiate. For a seller, pricing carefully from the start matters more than testing a high number.

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Home price

Down payment20% · $47,461

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Common questions

What people ask us.

How much is a home in 32435 worth?

The typical home value in 32435 is $237,303, up 1.6% over the past year as of September 2026.

How long does it take to sell a home in 32435?

Homes in 32435 are spending a median of 86 days on the market as of September 2026.

How many homes are for sale in 32435?

There were 45 homes for sale in 32435 as of September 2026, with 12 new listings added that month.

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Nearby ZIP markets.

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