Market Overview
Home Prices in Chipley, FL
The median home value in Chipley, FL is $232,168 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chipley are priced43% below average.
Over the past five years, Chipley home values have risen by approximately22.5%, reflecting strong long-term appreciation in this market.
Price History
Chipley Home Price Trend
2020
$153,222
$153K
—
2021
$189,582
$190K
+23.7%
2022
$220,042
$220K
+16.1%
2023
$224,164
$224K
+1.9%
2024
$232,163
$232K
+3.6%
2025
$232,084
$232K
+-0.0%
2026
$232,168
$232K
+0.0%
City Comparison
Chipley vs. National Median
🏠 Chipley
$232,168
National Median
$410,000
At $232,168, homes in Chipley cost 43% below the national median of $410,000. This makes Chipley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chipley?
20% Down Payment
$46,434
on $232,168
Monthly P&I
$1,211/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,538/mo
incl. taxes & insurance
Income Needed
$61,520
gross annual (30% rule)
10% Down Option
$23,217
+ PMI applies
Loan Amount (20% dn)
$185,734
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chipley, FL?
The median home value in Chipley is $232,168 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Chipley?
Over the past year, home values in Chipley have increased by 0%. Over five years, prices have risen approximately 22.5%.
How much do I need to earn to buy a home in Chipley?
To comfortably afford the median home price of $232,168 with a 20% down payment ($46,434) at today's rates (6.8%), you'd need a gross annual income of approximately $61,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Chipley compare to the national average home price?
The national median home value is approximately $410,000. At $232,168, homes in Chipley are 43% below the national average.