There was a total of $981 million of farmsand rural real estate for sale in Walton County recently on Land.com. The total acreage of all Walton County farms, hunting land and other rural land and acreage for sale was 5,000 acres. Walton County ranks 11th out of 67 counties in the state for the total acreage of land currently advertised for sale. Defuniak Springs had the most land for sale. Based on its natural assets, tourism and recreation are important contributors to the Walton County economy. Walton County is the 13th largest county (1,239 square miles) in Florida. It's located in the Northwest Florida region of Florida.