32428 (Chipley)
Housing Market
Median sale price $227,990, up 3.9% year over year, with homes going under contract in about 69 days.
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Housing Market Analyst
Prices are up 3.9% versus the prior year and sellers are still collecting 95.8% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Mortgage sensitivity — at 4.3× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 32428 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
Where 32428 is hot — and where it isn't
Each dot is a community (8 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 32428 (Chipley)
The median sale price across 32428 currently stands at $227,990, up 3.9% from a year ago. Buyers are paying a median of $106 per square foot. The typical home goes under contract in about 69 days. Sellers are capturing 95.8% of their original asking price on average.
Zillow's home value index for Washington County stands at $226,020. About 23% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 32428 is 58 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 6, 2026.
32428 since 2013 — and where it’s heading
A median home here sold for $120,363 in 2013 and $234,263 over the last recorded year — 95% appreciation across 13 years of recorded sales. Cash buyers took 12% of recent sales, down from a 12% peak.
Median sale price · 2013–2026 (1,143 recorded sales)
Days on market by year
Home value trend · Washington County (Zillow ZHVI)
For-sale inventory · county (Zillow)
What’s driving 32428
Movers arriving report ~$49,399 average income. Source: IRS SOI county-to-county migration, 2022-2023
116 Citizens policies in force in Washington County — the state-backed insurer of last resort. Budget insurance into any Washington purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
223 single-family · 0 multi-family · 8.8 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Neighborhoods on the move
| Leisure LakesChipley | $340K | ▲ 22% |
| Sunny HillsChipley | $228K | ▲ 3% |
| ChipleyChipley | $190K | ▲ -5% |
| ChipleyChipley | $190K | ▼ 5% |
| Sunny HillsChipley | $228K | ▼ 3% |
| Leisure LakesChipley | $340K | ▼ 22% |
| Sunny HillsChipley | $228K | 58 days |
| ChipleyChipley | $190K | 100 days |
| Leisure LakesChipley | $340K | 117 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 32428 right now?
The data says conditions currently favor neither side decisively in 32428 — the Momentum Score reads 58/100. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 32428 becoming more affordable?
No — the median sale price in 32428 is $227,990, up 3.9% versus the prior year, while sellers still capture 95.8% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 32428?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Chipley (-5%); Sunny Hills (3%); Leisure Lakes (22%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 32428 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Sunny Hills (58 days); Chipley (100 days); Leisure Lakes (117 days) — homes there go under contract well ahead of the market-wide pace of 69 days.
32428 (Chipley) housing market FAQ
What is the median home price in 32428?
The median sale price in 32428 is currently $227,990, up 3.9% from a year ago, based on MLS sales data updated August 6, 2026.
Is 32428 a buyer's or seller's market right now?
The data currently favors sellers. 32428 scores 58 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 32428?
The typical home in 32428 goes under contract in about 69 days, per current MLS data.
Are home prices in 32428 rising or falling?
Median sale prices are up 3.9% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 32428 (Chipley). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 6, 2026 at 7:18 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.