Is Chipley, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chipley has remained a Seller's Market.
Housing Prices in Chipley, FL
How much do homes in Chipley, FL cost?
Median Sold Price
$246,990
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chipley was $246,990 in March 2024, up 28.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $29.9K | -74.4% |
2 Bedrooms | $133.7K | $140K | +4.7% |
3 Bedrooms | $196K | $248.8K | +27.0% |
4 Bedrooms | $230K | $271.9K | +18.2% |
5+ Bedrooms | $395K | $553.2K | +40.1% |
Summary: Chipley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 27%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 40.1%.
Housing Supply in Chipley, FL
How many homes are available in Chipley, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
93 | 95 | +2.2% |
Summary: The Chipley real estate market had 95 homes for sale in March 2024, a 2.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 52 | 52 | 0.0% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Chipley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Chipley in March 2024, down by 5.0% month-over-month. Of the 19 sold homes, 37% were sold under asking, 63% were sold at asking, and 0% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 44 Days | -38.5% |
Summary: Homes in Chipley had an average of 44 days on market in Mar 2024, down by 38.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Chipley; 58% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.