Is Chipley, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chipley was a Seller's Market.
Key Takeaway
Chipley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chipley, FL
How much do homes in Chipley, FL cost?
Median Sold Price
$246,490
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Chipley have sold for 29.7% more than they did a year ago.
Summary: The median home sold price in Chipley was $246,490 in April 2024, up 29.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117K | $29.9K | -74.4% |
| 2 Bedrooms | $150K | $140K | -6.7% |
| 3 Bedrooms | $196K | $248K | +26.5% |
| 4 Bedrooms | $250K | $277.7K | +11.1% |
| 5+ Bedrooms | $379K | $553.2K | +46.0% |
Summary: Chipley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74.4%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 46%.
Housing Supply in Chipley, FL
How many homes are available in Chipley, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 110 | +3.8% |
Summary: The Chipley real estate market had 110 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 59 | 66 | +11.9% |
| 4 Bedrooms | 28 | 29 | +3.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Chipley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chipley, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Chipley in April 2024, down by 15.0% month-over-month. Of the 17 sold homes, 71% were sold under asking, 29% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 96 Days | +93.3% |
Summary: Homes in Chipley had an average of 96 days on market in Apr 2024, up by 93.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chipley are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Chipley; 35% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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