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Panama City Beach

Why you'd want to live in Panama City Beach

Panama City Beach, featuring 27 miles of white sand beaches along the turquoise waters of the Gulf of Mexico, is home to two state parks (St. Andrews State Park and Camp Helen State Park), dozens of public beach access points, waterfront restaurants that serve up fresh local seafood, and legendary attractions. The waters at Panama City Beach are famous with fishermen and scuba divers who enjoy the benefits of dozens artificial reefs located offshore, and with a coastline that angles slightly toward the west, you can watch the sunset over the Gulf of Mexico every day of the year. via visitflorida.com

Panama City Beach Market Report

$778,967

AVERAGE PRICE OF 1,854 HOMES

$2,698,471

AVERAGE PRICE OF 235 MULTI-MILLION DOLLAR HOMES

$1,366,617

AVERAGE PRICE OF 253 NEWLY BUILT HOMES

$890,778

AVERAGE PRICE OF 840 HOMES WITH A POOL

$577,909

AVERAGE PRICE OF 65 REDUCED PRICE HOMES

$418,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $778,967
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.51 baths

Average Price by Bedrooms

1 bedroom $407,364
2 bedrooms $518,124
3 bedrooms $684,698
4 bedrooms $1,040,053
5 bedrooms $1,830,746
Panama City Beach Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,799 1,866 2,040 2,071 2,154
Average Price $780,811 $776,990 $763,913 $775,877 $810,584
Avg Price Change +0.49% +1.71% -1.57% -4.47% -1.24%
Median Price $515,176 $516,645 $519,857 $525,022 $532,940
Med Price Change -0.29% -0.62% -0.99% -1.51% -1.81%
Avg Bedrooms 2.53 beds 2.56 beds 2.56 beds 2.57 beds 2.61 beds
Avg Bathrooms 2.51 baths 2.51 baths 2.5 baths 2.53 baths 2.57 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,849 $830,056 109 days
Bay 2 $620,000 94 days
South Walton 3 $2,249,999 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,854 $778,967 109 days
Multi-Million Dollar Homes 235 $2,698,471 150 days
Newly Built Homes 253 $1,366,617 139 days
Homes with a Pool 840 $890,778 105 days
Reduced Price Homes 65 $577,909 81 days
Distressed Homes 1 $418,000 69 days
Emerald Coast Realty Group
Donald Janovyak
3127 Thomas Dr.
Panama City Beach, FL 32408
850-235-2551

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated February 3, 2023

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Vendor Member Number: 28179

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated February 3, 2023
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