Defuniak Springs, FL is an excellent place to live for those looking for a great deal on housing. According to recent statistics, the median value of a house in Defuniak Springs is $222,500 which is significantly lower than the US median value of $338,100. This makes housing in this area more affordable and accessible to many people. Additionally, the one-year appreciation rate of 15.93% for houses in Defuniak Springs is much higher than the national average of 8.27%. This means that investing in real estate here is likely to be a wise financial decision as values are expected to continue increasing. All things considered, Defuniak Springs offers an attractive option for those seeking good quality and affordable housing opportunities.
The median home cost in Defuniak Springs (zip 32435) is $222,500. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Defuniak Springs (zip 32435) is up 25.0%.
Average Age of Homes
- The median age of Defuniak Springs (zip 32435) real estate is 33 years old
The Rental Market in Defuniak Springs (zip 32435)
- Renters make up 15.9% of the Defuniak Springs (zip 32435) population
- 0.0% of houses and apartments in Defuniak Springs (zip 32435), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.