32433 — Defuniak Springs, FL Home Values
Typical home value $230,120 as of July 2026 · 18th of 21 in Crestview-Fort Walton Beach-Destin, FL
Blue: typical home value (Zillow ZHVI) in ZIP code 32433, July 2021 to July 2026. This page shows observed data only; no forecast.
How 32433 compares in the Crestview-Fort Walton Beach-Destin, FL area
ZIP code 32433 (Defuniak Springs, FL) has a typical home value of $230,120 as of July 2026, ranking 18th of 21 ZIP codes tracked in the Crestview-Fort Walton Beach-Destin, FL area, more expensive than about 19% of ZIP codes in the metro. Prices here have moved -0.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +21.6%, from $189,287 in July 2021 to $230,120 in July 2026. Against observed rent, the typical home here sells for 11× the annual rent ($1,738/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Crestview-Fort Walton Beach-Destin, FL forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Crestview.
Population and demographics
ZIP code 32433 has a population of 18,970, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 79% White, 7.9% Black or African American, 6.2% Hispanic or Latino, 5.8% two or more races, 0.5% Asian, 0.3% American Indian or Alaska Native, and 0.3% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| WALTON COUNTY JAIL PROGRAM | 145 S PARK ST, DEFUNIAK SPRINGS, FL | 7.4 mi |
| WALTON LEARNING CENTER | 286 GENE HURLEY RD, DEFUNIAK SPRINGS, FL | 8.4 mi |
| MAUDE SAUNDERS ELEMENTARY SCHOOL | 416 JOHN BALDWIN RD, DEFUNIAK SPRINGS, FL | 8.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 32433?
$230,120 as of July 2026, the latest month Zillow has published observed data for.
Is 32433 an expensive ZIP code in the Crestview-Fort Walton Beach-Destin, FL area?
32433 ranks 18th of 21 ZIP codes in the Crestview-Fort Walton Beach-Destin, FL area by typical home value, more expensive than about 19% of ZIP codes in the metro.
How much have home values in 32433 changed over the past year?
-0.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 32433?
The typical home price is 11× the observed annual rent in this ZIP code ($1,738/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 32433?
18,970, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 32433?
WALTON COUNTY JAIL PROGRAM (7.4 mi), WALTON LEARNING CENTER (8.4 mi), MAUDE SAUNDERS ELEMENTARY SCHOOL (8.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 32433?
No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Crestview-Fort Walton Beach-Destin, FL forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.