Is Sopchoppy, FL 32358 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Sopchoppy is a buyer’s market. With about 7.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score13/ 100

More competitive than 6% of U.S. ZIP codes, and #595 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown

Months of supply7.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$321▲ +47.4% vs. last year

The Sopchoppy housing market right now

In the three months ending August 31, 2026, 0% of homes in Sopchoppy, FL 32358 sold above their list price, the typical home went under contract in 67 days and there were 7.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (100 days then) and the median sale price fell 9% to $256,889. Overall, Sopchoppy is more competitive than a year ago, so tougher for buyers.

Nearby, Crawfordville 32327 (17% sold over asking) is even more competitive.

Nearby markets

Crawfordville 32327Balanced $178 /sq ftPanacea 32346Buyer’s market $257 /sq ft Browse all markets →

Where Sopchoppy is

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Questions about Sopchoppy real estate

Is Sopchoppy a buyer’s or seller’s market?

A buyer’s market: there were 7.8 months of supply in Sopchoppy, FL 32358 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sopchoppy?

The typical home went under contract in 67 days in the latest three months.

Do homes in Sopchoppy sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Sopchoppy?

About 0.64% of a home’s value a year in Wakulla County, or roughly $2,560 on a $400,000 home.

What is the median home price in Sopchoppy?

The median sale price was $256,889 in the three months ending August 31, 2026, about $321 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology