Chipley, FL housing market
The typical Chipley home is worth about $231,000, up 1.1% in a year, 39% below the Florida typical home.
Home values, sales, trends and how Chipley compares with the towns next door — updated as new data is published.
Chipley at a glance
Typical home value, 2016–2026
Show as a table
| January | Chipley | Florida |
|---|---|---|
| 2017 | $110,000 | $209,000 |
| 2018 | $117,000 | $226,000 |
| 2019 | $121,000 | $242,000 |
| 2020 | $144,000 | $253,000 |
| 2021 | $169,000 | $276,000 |
| 2022 | $199,000 | $340,000 |
| 2023 | $217,000 | $392,000 |
| 2024 | $222,000 | $402,000 |
| 2025 | $232,000 | $397,000 |
| 2026 | $224,000 | $377,000 |
| August 2026 | $231,000 | $376,000 |
5 years of income
The typical Chipley home costs about 5 years of the town's median household income, about the same as across Florida (5).
How Chipley ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,450
HUD's Fair Market Rent for a two-bedroom in Chipley is $1,450 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chipley pay a median of $761, so moving in tends to cost more than staying put. A two-bedroom takes about 38% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,240 · 4 bedrooms $2,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32428; Panama City, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.