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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing De Funiak Springs is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, De Funiak Springs has remained a Seller's Market.

Key Takeaway

De Funiak Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

Median Sold Price

$215,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$45,050(+26.5%)

Key Takeaway

Homes in De Funiak Springs have sold for 26.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 --
N/A
2 $135K$123.2K
-8.7%
3 $164.5K$185K
+12.5%
4 $205K$250.6K
+22.3%
5+ $272.5K$375K
+37.6%

Median Sold Price Compared To Nearby Cities

De Funiak Springs
+26.5%
Defuniak Springs
+25.5%

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

Number of Homes For Sale

May 2022Jun 2022%
49490.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 89
+12.5%
3 1917
-10.5%
4 2020
0.0%
5+ 23
+50.0%

Number of Homes Sold

May 2022Jun 2022%
12120.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in De Funiak Springs, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
87 Days52 Days-39.9%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About De Funiak Springs, FL

De Funiak Springs, FL has 49 homes for sale to choose from. In June 2022, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $215,000. Listing prices have changed in this real estate market between May 2022 and June 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 8.7%, the cost of 3 bedrooms properties went up by 12.5%, 4 bedrooms properties prices increased by 22.3%, prices of 5 bedrooms properties went up by 37.6%. This housing market inventory have changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 12.5%, number of 3 bedrooms homes decreased by 10.5%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes went up by 50%. In June 2022 more than 2 listings in De Funiak Springs, FL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below.

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