Commercial Real Estate Market in Bonifay, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
96 active listings and 357 off-market properties in Bonifay, FL.
Market Trends
Bonifay, FL spans 264.7 square miles in Holmes County, Florida. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Bonifay, FL runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Bonifay, FL runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Bonifay, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Bonifay, FL runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 45.8%
- Mixed use 21.8%
- Commercial 15.8%
- Industrial 6.2%
- Open space 1.5%
Largest Zones share of zoned land by district
Low Density Residential
Urban Mixed Use
Commercial
Estate Residential
Public And Semi Public Educational
Market overview
Demographics & Economy
Bonifay, FL has 14,419 residents in 5,922 households. Density runs 54 people per square mile. Median household income here is $44,651 and median gross rent $844 a month.
14,419
Population
5,922
Households
2.4
Avg Household Size
42
Median Age
9%
College-Educated
82%
High-School Grad
264.7 sq mi
ZIP Area
54
Density / Sq Mi
$44,651
Median Household Income
$31,296
Median Earnings
$844
Median Rent
$109,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Caryville | — | — |
| Chipley | — | — |
| Westville | — | — |
| Vernon | — | — |
Commercial property in Bonifay, FL asks $40/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bonifay?
Commercial property in Bonifay, FL asks an average of $40 per square foot. The 4 most recent recorded sales traded at a median of $82/SF.
Where does Realmo's Bonifay market data come from?
Realmo compiles Bonifay, FL figures from 7 recent recorded sales, 95 active sale listings, 1 active lease listings, 357 tracked off-market properties, the current Bonifay zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 95 active for-sale and 1 active for-lease listings in Bonifay, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,955 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
