If you need assistance, please call 850-235-2551

Panama City Market Report

$395,767

AVERAGE PRICE OF 1,227 HOMES

$172,389

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,969,071

AVERAGE PRICE OF 70 MULTI-MILLION DOLLAR HOMES

$381,355

AVERAGE PRICE OF 333 NEWLY BUILT HOMES

$517,775

AVERAGE PRICE OF 129 HOMES WITH A POOL

$409,056

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

Average Home

Average Price $395,767
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $315,823
2 bedrooms $237,188
3 bedrooms $340,422
4 bedrooms $447,523
5 bedrooms $972,837
Panama City Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,180 1,158 1,208 1,261 1,295
Average Price $376,638 $689,781 $408,402 $410,504 $410,772
Avg Price Change -83.14% +68.90% -0.51% -0.07% +0.01%
Median Price $300,341 $302,748 $309,806 $312,004 $309,347
Med Price Change -0.80% -2.33% -0.71% +0.86% +0.82%
Avg Bedrooms 2.84 beds 2.92 beds 2.87 beds 2.78 beds 2.81 beds
Avg Bathrooms 1.91 baths 1.99 baths 2.03 baths 1.99 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 25 $631,149 113 days
Bay 438 $471,015 94 days
Deane Bozeman 47 $438,224 117 days
Mosley 178 $498,240 94 days
Rutherford 539 $341,685 96 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,227 $395,767 93 days
Distressed Homes 10 $172,389 56 days
Multi-Million Dollar Homes 70 $1,969,071 130 days
Newly Built Homes 333 $381,355 66 days
Homes with a Pool 129 $517,775 67 days
Reduced Price Homes 68 $409,056 80 days
Emerald Coast Realty Group
Donald Janovyak
3127 Thomas Dr.
Panama City Beach, FL 32408
850-235-2551

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
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 March 30, 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 March 30, 2023
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