Momentum Housing Data · Home Values · Holmes County

Bonifay Home Values: What Homes Actually Sell For

Bonifay (Bonifay, FL): 11 recorded closings in the 12 months ending 2026-09-20, a 12-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

In the current window, sellers accepted a median 94.4% of original asking; the median sale took 59 days (window ending 2026-09-20).

The 12-year recorded price history

Over the recorded series, Bonifay’s median sold price moved from $47,000 (2014) to $170,000 (12 months ending 2026-09-20) — +262% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Bonifay, briefly

The recorded series starts in 2014 at $47,000. The 2020–22 run-up did what it did everywhere — Bonifay’s median moved +26% from 2019 to 2022. Against the 2024 peak of $185,000, the current median stands at -8%. Annual sales volume here has ranged from 0 to 22 closings a year (10-yr average 11). With roughly 11 closings a year, Bonifay’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What is on the market in Bonifay right now

From the live MLS feed as of 2026-10-01: 7 active listings (plus 2 pending) asking from $152,900 to $699,000, median $234,900; 3 of 7 have been on the market over 60 days (median 38 days so far); the homes listed or recently sold were built between 1943 and 2024 (median 1962); 1 of 7 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 144 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Bonifay listings →

At Bonifay’s $170,000 median and Holmes County’s adopted 18.6 mills (FY2025-26), a home assessed at that price carries roughly $3,160 a year in property tax before exemptions, or about $2,390 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Holmes County tax page.

Selling in Bonifay right now: what the record says

Current asking prices run a median $234,900 against the $170,000 recorded sold median (+38%) — the gap between what sellers hope and what the record shows. Demand check: 22% of Bonifay’s listings are under contract, against 17% for ZIP 32425 and 16% for Holmes County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for Bonifay reads 66/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

With asking prices running +38% over the recorded sold median, a Bonifay listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

How Bonifay compares with its neighbors

Communities buyers shopping Bonifay are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

More Bonifay: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures