Home prices
The median home in Bonifay costs $107,600. In comparison to the surrounding areas it is about $32,500 (43%) higher.It is approximately $109,900 (50%) lower in comparison to the country as a whole, and is roughly $43,100 (28%) lower in comparison to the city of Dothan.
Rents
Bonifay's median monthly rent is $756. This is approximately $104 (15%) higher compared to the surrounding areas.Compared to the US as a whole it is about $306 (28%) lower, and is is very similar compared to the city of Dothan.
Nearby places
Caryville
Caryville is approximately 6 miles west of Bonifay. Its housing prices are substantially less expensive. The value of the median home in Caryville is $32,500, which comes out to $75,100 (231%) lower than Bonifay. Its rents are somewhat less expensive. Caryville's median monthly rent is $594, which is $162 (27%) lower than Bonifay.
Chipley
Chipley is about 7 miles east from Bonifay. Its real estate prices are a little less expensive. The median home in Chipley costs $91,100, which comes out to $16,500 (18%) lower than Bonifay. Its rents are similar. In Chipley the median monthly rent is $759, which is very similar to Bonifay.
Westville
Westville is approximately 8 miles west of Bonifay. The housing prices there are a bit less expensive. The value of the median home in Westville is $94,200, which is $13,400 (14%) lower than Bonifay. Rents there are somewhat less expensive. The median rent in Westville is $575 per month, which comes out to $181 (31%) lower than Bonifay.
Vernon
Vernon is approximately 12 miles south from Bonifay. The real estate prices there are substantially less expensive. The median home in Vernon is valued at $71,000, which comes out to $36,600 (51%) lower than Bonifay. The rent there is a bit less expensive. Vernon's median monthly rent is $715, which works out to $41 (5%) lower than Bonifay.
Wausau
Wausau is about 12 miles southeast of Bonifay. The housing prices there are a little less expensive. The cost of the median home in Wausau is $86,700, which is $20,900 (24%) lower than Bonifay. The rent there is somewhat less expensive. Wausau's median rent is $618 per month, which is $138 (22%) lower than Bonifay.