The housing market in Bonifay, FL is booming! The median value of houses in the area is currently $126,500, which is significantly lower than the US median value of $338,100. Additionally, the one-year house appreciation rate in Bonifay is 15.93%, which is more than double the national one-year house appreciation rate of 8.27%. This suggests that people are investing heavily in homes in Bonifay and that prices will likely continue to increase in the future.
The median home cost in Bonifay is $126,500. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Bonifay is up 25.0%.
Average Age of Homes
- The median age of Bonifay real estate is 43 years old
The Rental Market in Bonifay
- Renters make up 37.3% of the Bonifay population
- 5.6% of houses and apartments in Bonifay, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.