The housing market in 32425 Bonifay, FL is thriving. The median value of homes in this area is $165,000, which is far lower than the US house median value of $338,100. Additionally, the one-year appreciation rate for houses in 32425 Bonifay is 15.93%, while it is only 8.27% for US houses on average. This indicates that investing in real estate in Bonifay could potentially be very lucrative due to the high rates of return that can be expected compared to similar investments elsewhere in the country.
The median home cost in Bonifay (zip 32425) is $165,000. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Bonifay (zip 32425) is up 25.0%.
Average Age of Homes
- The median age of Bonifay (zip 32425) real estate is 37 years old
The Rental Market in Bonifay (zip 32425)
- Renters make up 18.9% of the Bonifay (zip 32425) population
- 1.6% of houses and apartments in Bonifay (zip 32425), 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.