Commercial Real Estate Market in Defuniak Springs, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
33 active listings and 631 off-market properties in Defuniak Springs, FL. Commercial property asks $129/SF to buy (based on 4 listings) and $18.00/SF/Yr to lease (based on 9 listings).
Market Trends
Defuniak Springs, FL spans 388.0 square miles in Walton County, Florida. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Defuniak Springs, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Retail
Retail vacancy in Defuniak Springs, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Defuniak Springs, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Multifamily
Multifamily vacancy in Defuniak Springs, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Market overview
Demographics & Economy
Defuniak Springs, FL has 24,971 residents in 10,944 households. Density runs 64 people per square mile. Median household income here is $54,774 and median gross rent $961 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Defuniak Springs?
How much does it cost to lease commercial space in Defuniak Springs?
Where does Realmo's Defuniak Springs market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 13 active for-lease listings in Defuniak Springs, FL. The medians are based on 4 of the for-sale and 9 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
