Real Estate Investing in Defuniak Springs, Florida

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

3 ZIP codes • Population: 29,232 • Walton County

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Should you buy in Defuniak Springs, FL? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 14.9% of homes vacant — above national norms.

What’s happening in Defuniak Springs, FL?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $227,073
Avg Monthly Rent $1,233
ZIP Codes 3

Investing in Defuniak Springs Real Estate

Across Defuniak Springs's 3 ZIPs, the picture is tepid: $227K median values, $1,233/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Defuniak Springs is in that category.

Market conditions in Defuniak Springs are lackluster. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Population dynamics in Defuniak Springs haven't been supportive. a challenging fit for combined with lackluster income growth, the demographic backdrop complicates any purely financial underwriting.

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Best ZIP codes in Crestview-Fort Walton Beach-Destin, FL

Defuniak Springs is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Walton County

Manage rentals here? List your business →

Dragonfly Property Management LLC offers vacation rentals in Panama City Beach, providing options to search by area, bedroom count, and type like Gulf View. summary from their website

Short-term rentals
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Emerald Coast Association Management (ECAM) provides association governance, business and financial, community building, online, and property management services for community associations. summary from their website

HOA
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$227,073
Avg Monthly Rent
$1,233
1% Rule
✗ Below
Landlord Friendly (FL)

🎓 Colleges & Universities in Defuniak Springs

1 College 170 Students 170 Off-Campus Renters
C+
Emerald Coast Technical College
Vocational Public · 170 students
📍 ~170 students rent off-campus

ZIP Codes in Defuniak Springs, FL

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Frequently Asked Questions About Defuniak Springs, FL

Is real estate in Defuniak Springs, FL a good investment right now?

Defuniak Springs, FL scores 3.0/5 for investability. Home values sit at $227K and rents near $1,233/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What is the average monthly rent in Defuniak Springs, FL?

Expect rents around $1,233/mo per month in Defuniak Springs, FL. With home values at $227K, the yield math works out to reasonable levels for rental investors.

What are vacancy rates like in Defuniak Springs, FL?

Defuniak Springs, FL sees elevated vacancy, which is reasonable relative to the broader FL rental market.

Are homes affordable in Defuniak Springs, FL?

Defuniak Springs, FL median home values land near $227K. That is reasonable territory for investors looking at $1,233/mo-per-month rentals.

What kind of tenants rent in Defuniak Springs, FL?

Defuniak Springs, FL offers a even-keeled renter base at the $1,233/mo rent level. Tenant turnover is reasonable for well-managed properties.

Community Ratings

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