Paradise Lakes
Homes for Sale in Chipley, FL
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of October 2026, Paradise Lakes in Chipley, FL has 6 homes for sale, asking from $134,000 to $400,000 (median $357,500). Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $326,000, a median 189 days on market, sellers accepting 89% of original asking (+104% versus the prior year). Homes listed or recently sold were built 1985–2026 with 1 new construction; 5 of 6 report an HOA (median $8/mo); 3 of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 74 ft). At the median price and Washington County's FY2025-26 rate of 15.35 mills, annual property tax runs about $5,000 ($4,400 with the full homestead exemption).
Homes For Sale Right Now in Paradise Lakes
Live MLS inventory for Paradise Lakes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Paradise Lakes listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Paradise Lakes prices around a median in the mid-$300s, but that single number hides a lot of ground. With homes built anywhere from the late 1970s through 2024 and a median build year of 1999, condition and age are doing most of the work on what a given listing actually commands — this is not a cookie-cutter subdivision where every house prices the same.
A median 167 days on market tells you this is a patient market, not a bidding-war one. With only 37 homes and just 4 closings in the current window, pricing here gets set listing by listing rather than by a clean comp line. Sellers should expect a longer runway and price to the home's actual condition; buyers get room to negotiate and time to do real diligence.
Paradise Lakes right now
🟢 Still climbing. The trailing-12-month median ($326K) is up 103.8% from the prior 12 months ($160K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Low (4 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 20, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Paradise Lakes market snapshot (as of September 20, 2026): the median sale price is about $326K, and a median 189 days on market for closed sales. The trailing-12-month median is up 104% from the prior 12 months, computed from record-level CPAR MLS closed sales (4 closings in the current window).
Paradise Lakes is a community of 28 homes in Chipley, Washington County, built between 1976 and 2024 (median 1999.0), with a median living area of about 2,098 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Paradise Lakes is a small, established pocket in Chipley (Washington County) with a nearly half-century span of construction — from 1970s originals to homes finished as recently as 2024 — which means shopping here means comparing eras of construction as much as square footage.
The setting & the homes.
Aerial and on-site photos of Paradise Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Paradise LakesPhotos from CPAR MLS listings in Paradise Lakes; content deemed reliable but not guaranteed.
Who Paradise Lakes is best for.
Best for
- Buyers who want a mid-size home near the median 1,911 sqft footprint and are comfortable comparing homes across a wide range of build years.
- Buyers with flexible timelines who can use a longer market cycle to negotiate on price or terms.
- Buyers or investors looking at a lower-volume market where a well-priced, well-maintained home can stand out.
Probably not for
- Buyers who want a community with organized amenities like a pool, clubhouse, or HOA-run recreation.
- Buyers who need fast comps and a tight, predictable pricing pattern to move quickly.
- Buyers set on new or near-new construction only, given the mix runs back to the 1970s.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($326K) IS the median in the snapshot above, and the move from 2025 ($160K) IS the +103.8% one-year change.
Windows contain 0 to 4 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Washington County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Washington County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
22% of homes for sale in ZIP 32428 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).
Paradise Lakes Market Scorecard
Paradise Lakes is currently a balanced market., a median asking price of $392,450, and homes go under contract in about 241 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Paradise Lakes, Chipley
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Paradise Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap, tiles © CARTO.
The Paradise Lakes buying strategy.
If we were buying in Paradise Lakes today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Paradise Lakes.
A market defined by age spread, not amenities
At a median of 1,911 square feet and a build-year median of 1999, the typical Paradise Lakes home sits squarely in a mid-size, established range — but the 1976-to-2024 build span means two houses on the same street can differ enormously in mechanicals, layout, and finish level. No community amenities are identified in current MLS listings, so the appeal here is the home and lot themselves, not a shared clubhouse or recreational package.
Just over half of homes here (52.8%) are homesteaded, which points to a market with a meaningful base of longer-term ownership mixed with turnover inventory. Combined with a 167-day median days-on-market and a thin four-closing window, this reads as a market where patient, well-prepared buyers have leverage and sellers need a realistic, condition-based price from day one.
The location and the amenities are priced into every listing in Paradise Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Paradise Lakes buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.2). Basis: Recent Direction +103.8% year-over-year; Owner Commitment 62% owner-occupied; Pricing Power 88.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With only 37 homes and a handful of recent closings, Paradise Lakes doesn't generate the kind of comp density that makes pricing obvious. We track every listing and closing in this pocket of Washington County so sellers price to the home's actual condition and era, and buyers know what they're really negotiating against before they write an offer.
Paradise Lakes in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Paradise Lakes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Paradise Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Paradise Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Paradise Lakes home worth?
Get a no-obligation home value based on real comparable sales in Paradise Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Paradise Lakes on the map →
Frequently Asked Questions
What is the median home price in Paradise Lakes?
How long do homes in Paradise Lakes take to sell?
How many homes are in Paradise Lakes?
What share of Paradise Lakes is owner-occupied?
When were the homes in Paradise Lakes built?
Who is the best real estate agent for Paradise Lakes?
How do I find a top Chipley real estate agent who knows Paradise Lakes?
Can Momentum Realty connect me with an agent for Paradise Lakes?
Should you buy in Paradise Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32424/32428)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (19 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Paradise Lakes fits the bigger picture — live prices, inventory, and Momentum Scores:
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