$2,553 Closing Credit*
$215,000
2,030 SqFt
3 Beds
•2 Full Baths
Listing Office: Northwest Florida Realty, LLC
Is Chipley, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chipley has remained a Buyer's Market.
Key Takeaway
Chipley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chipley, FL
How much do homes in Chipley, FL cost?
Median Sold Price
$239,990
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,040(+1.7%)
Key Takeaway
Homes in Chipley have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Chipley was $239,990 in October 2024, up 1.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83.5K | $77.4K | -7.2% |
| 2 Bedrooms | $140K | $184.2K | +31.6% |
| 3 Bedrooms | $244K | $223.3K | -8.4% |
| 4 Bedrooms | $270K | $245.9K | -8.9% |
| 5+ Bedrooms | $546.4K | $469K | -14.2% |
Summary: Chipley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes increased by 31.6%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes decreased by 14.2%.
Housing Supply in Chipley, FL
How many homes are available in Chipley, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 91 | -7.1% |
Summary: The Chipley real estate market had 91 homes for sale in October 2024, a 7.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 54 | 55 | +1.9% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Chipley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 10 | -52.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chipley, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Chipley in October 2024, down by 52.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Chipley, FL
How long does it take to sell a home in Chipley, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 98 Days | +649.2% |
Summary: Homes in Chipley had an average of 98 days on market in Oct 2024, up by 649.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chipley has remained consistent over time.
Summary: During October 2024, 10 homes were sold in Chipley; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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