Market Overview
Home Prices in Defuniak Springs, FL
The median home value in Defuniak Springs, FL is $236,111 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Defuniak Springs are priced42% below average. Defuniak Springs is part of the Crestview-Fort Walton Beach-Destin, FL metro area.
Over the past five years, Defuniak Springs home values have risen by approximately23.8%, reflecting strong long-term appreciation in this market.
Price History
Defuniak Springs Home Price Trend
City Comparison
Defuniak Springs vs. National Median
At $236,111, homes in Defuniak Springs cost 42% below the national median of $410,000. This makes Defuniak Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Defuniak Springs?
20% Down Payment
$47,222
on $236,111
Monthly P&I
$1,231/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,563/mo
incl. taxes & insurance
Income Needed
$62,520
gross annual (30% rule)
10% Down Option
$23,611
+ PMI applies
Loan Amount (20% dn)
$188,889
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Defuniak Springs, FL?
The median home value in Defuniak Springs is $236,111 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Defuniak Springs?
Over the past year, home values in Defuniak Springs have increased by 0.1%. Over five years, prices have risen approximately 23.8%.
How much do I need to earn to buy a home in Defuniak Springs?
To comfortably afford the median home price of $236,111 with a 20% down payment ($47,222) at today's rates (6.8%), you'd need a gross annual income of approximately $62,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Defuniak Springs compare to the national average home price?
The national median home value is approximately $410,000. At $236,111, homes in Defuniak Springs are 42% below the national average.
What metro area is Defuniak Springs part of?
Defuniak Springs is part of the Crestview-Fort Walton Beach-Destin, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.