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Bonifay

Bonifay

Located in Holmes County

$249,624 Average Value
$158 Average Price per Sq Ft
32 Homes For Sale

Bonifay is a conveniently located rural community

Bonifay is a rural area where residents often live on large lots far from other homes. Though the region is generally quiet, community events like the Northwest Florida Championship Rodeo bring people together. The area also provides convenient access to several larger cities like Panama City and Dothan.

What area life is like

Bonifay takes it easy. The Holmes County area is filled with woods and farmland, and many properties are on secluded, large lots. Beth Arnold, a Realtor with Seashore Realty LLC who lives close to the area, says it has few HOAs and zoning restrictions, giving residents a lot of freedom to live how they want. “Typically, people want some acreage and no neighbors,” Arnold says. The area’s median age is around 40, and its population under 18 is slightly above the national average. Becky Marsh, the Holmes County Public Library director, says some of Bonifay’s businesses still close on Thursday afternoons instead of Mondays, as is more common today. Residents don’t mind, Marsh says; the area carries that old-school spirit with pride. Hurricanes can impact the area, but because Bonifay is inland, storms often weaken by the time they arrive.

What homes cost in Bonifay

Brick ranch-style homes, cabins, bungalows and traditional houses are found throughout the town center and the larger rural area. Prices can range from the lower $100,000s to the mid-$400,000s, though select properties can be more expensive. There are also manufactured houses, which often run from around $40,000 to the lower $300,000s. The area’s average home value is well below the Panama City metro average. Around 55% of residents are owners.

Students are zoned for two school districts

Many students are zoned for the Holmes District School Board. Poplar Springs High School, which serves the region’s northeast section, is highly rated. Students south of Pipkin Road are zoned for the Washington County School District. Private schools like Oak Grove Christian Academy are also in the region. Florida offers a robust school choice program, including Family Empowerment Scholarships that can be used for private school tuition.

Residents can easily get to several cities

Florida State Route 79 crosses both U.S Route 90 and Interstate 10. Panama City is around an hour away, and Dothan is closer to a 50-minute drive. Tallahassee is nearly 90 minutes out. For travelers, Northwest Florida Beaches International Airport is roughly 45 minutes away. Northwest Florida Community Hospital, in Chipley, is less than 10 miles from the town center.

Things to do across the region

Though Bonifay is rural, there are plenty of ways to spend time. The Northwest Florida Championship Rodeo, held at the city’s Memorial Field, brings three nights of action from the Professional Rodeo Cowboys Association each October. “It literally shuts the town down,” Arnold says. “It is a huge event.” The event gets families involved with events like “mutton busting,” where kids see how long they can ride a sheep. Dogwood Lakes Golf Course offers public tee times. The city’s Veterans Memorial Park had new playground equipment installed in 2025. It also has tennis and basketball courts as well as covered picnic tables. Skydive Panama City is a full-service dropzone offering jumps up to 14,000 feet. Just south of the region in Vernon is Cypress Springs, a popular kayaking and fishing spot known for its crystal-clear water.

Places to eat near Florida State Route 79

Many of the community’s restaurants are along or near Florida State Route 79. Most are fast-food eateries, but there’s also local fare. Options include:

  • Castaway Seafood Restaurant, which specializes in Southern-style fried fish
  • M&W Smokehouse Barbecue, which also sells meat by the pound
  • Cancun’s Mexican Grill, an authentic spot
Marsh says residents often drive to larger cities to get to other restaurants and big-box stores.

Ryan Kohn
Written By
Ryan Kohn

Interested in learning more about homes in this area? Reach out to Raymond Seaman, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Bonifay Housing Trends

Housing Trends

Median List Price
$239,900
Median Sale Price
$204,900
Median Single Family Sale Price
$210,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
42
Median Home Sale Price YoY Change
22%
Average Price Per Sq Ft
$158

Area Facts

Number of Homes
958
Number of Homes for Sale
32
Median Year Built
1978
Months of Supply
9.10
Average Single Family Home Size Sq Ft
1,931
On par with the national average
1,930
Average Townhouse Size Sq Ft
866
Median Lot Size Sq Ft
25,700

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Bonifay Has More Owners

Demographics

Total Population
2,706
Median Age
39
Population under 18
26.8%
On par with the national average
23.8%
Population over 65
20.7%
On par with the national average
19.1%

Finances

Median Household Income
$37,644
Significantly below the national average
$79,601
Average Household Income
$47,364

Education and Workforce

High School Graduates
80.2%
College Graduates
13.3%
Below the national average
34.1%
Advanced Degrees
3%
% Population in Labor Force
47.5%
Below the national average
64.9%

Weather

Annual Precipitation
59''
Average Winter Low Temperature
39°F
Average Summer High Temperature
93°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

18 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bonifay