De Funiak Springs Housing Market Report March 2025•Walton County, Florida

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Housing Prices in De Funiak Springs, FL

How much do homes in De Funiak Springs, FL cost?

Housing Market Conditions

Is De Funiak Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

De Funiak Springs is a Buyer's Market

Difference Since March 2024

At the same time last year, De Funiak Springs was a Seller's Market.

Insight

De Funiak Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$225,000$142/SqFt
-$25,000
-10.0%

Based on all homes sold in the last 12 months

Insight

Homes in De Funiak Springs have sold for 10% less than they did a year ago.

Summary: The median home sold price in De Funiak Springs was $225,000 in March 2025, down 10% from last year, and the median price per square foot was $142.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Redbay
+8.2%
Defuniak Springs
-0.8%
De Funiak Springs
-10.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$80K-
N/A
2$185K$120K
-35.1%
3$248.9K$210.5K
-15.4%
4$279.9K$242K
-13.5%
5$455K$725K
+59.3%

Summary: De Funiak Springs housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -35.1%. The home price for 3 bedroom homes decreased by -15.4%. The home price for 4 bedroom homes decreased by -13.5%. The home price for 5 bedroom homes increased by +59.3%.

How does De Funiak Springs, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

De Funiak Springs, FL

Housing supply in De Funiak Springs, FL

How many homes are available in De Funiak Springs, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
42Last MonthMar 2025
382 months agoFeb 2025
+10.5 %
Change MoMFeb – Mar

Summary: The De Funiak Springs real estate market had 42 homes for sale in Mar 2025, a 10.5 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthMar 2025
12 months agoFeb 2025
+400.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
21010
0.0%
31721
+23.5%
499
0.0%
522
0.0%

Summary: De Funiak Springs housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +23.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in De Funiak Springs, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price2 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in De Funiak Springs, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in De Funiak Springs in March 2025, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and and 0% were sold over asking.

Days on Market for De Funiak Springs, FL

How long does it take to sell a home in De Funiak Springs, FL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Many homes in De Funiak Springs are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 5 homes were sold in De Funiak Springs; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
137 DaysThis YearMar 2025
162 Days1 year agoMar 2024
-15.2 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in De Funiak Springs had an average listing age of 137 days in Mar 2025, down by 15.2% compared to the previous year.

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Newest Listings in De Funiak Springs, FL

What homes are available in De Funiak Springs, FL?

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MLS Disclaimers and Copyright

Based on information from Emerald Coast MLS, Central Panhandle Association of REALTORS® MLS, and realMLS for the period 04/01/2023 - 04/01/2025

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by other brokerage firms are marked with the listing broker's name and detailed information about such listings. Data provided is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/10/2025, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.