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Is Bonifay, FL 32425 a buyer’s or seller’s market?

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

Bonifay is a buyer’s market. With about 10.1 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 #601 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 supply10.1Under 4 months = seller’s market
Sold above original list7.7%Share of sales, last 3 months
Median sale-to-list93.1%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$127▼ −6.4% vs. last year

The Bonifay housing market right now

In the three months ending August 31, 2026, 8% of homes in Bonifay, FL 32425 sold above their list price, the typical home went under contract in 49 days and there were 10.1 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 13 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold more slowly (44 days then) and the median sale price fell 31% to $164,929. Overall, Bonifay is less competitive than a year ago, which gives buyers more room.

Run the numbers for 32425

Prefilled for 32425Can I win this house?Multiple-offer likelihood for a listing Prefilled for 32425Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Westville 32464Balanced $150 /sq ft Browse all markets →

Towns like Bonifay nearby

Find towns like Bonifay in other states →
Chipley, FL32428 · 13 miles away85% similarpricier homes ($56K more) Marianna, FL32448 · 31 miles away85% similarsmaller · 7 min shorter commute Slocomb, AL36375 · 18 miles away83% similarsmaller · 6 min shorter commute Altha, FL32421 · 38 miles away83% similarsmaller

Where Bonifay is

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Questions about Bonifay real estate

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

A buyer’s market: there were 10.1 months of supply in Bonifay, FL 32425 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 Bonifay?

The typical home went under contract in 49 days in the latest three months.

Do homes in Bonifay sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 93.1% of the list price.

What are property taxes in Bonifay?

About 0.54% of a home’s value a year in Holmes County, or roughly $2,160 on a $400,000 home.

What is the median home price in Bonifay?

The median sale price was $164,929 in the three months ending August 31, 2026, about $127 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