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

Panama City Market Report

$463,714

AVERAGE PRICE OF 1,609 HOMES

$2,379,528

AVERAGE PRICE OF 107 MULTI-MILLION DOLLAR HOMES

$355,088

AVERAGE PRICE OF 336 NEWLY BUILT HOMES

$592,420

AVERAGE PRICE OF 249 HOMES WITH A POOL

$390,699

AVERAGE PRICE OF 76 REDUCED PRICE HOMES

$265,033

AVERAGE PRICE OF 6 DISTRESSED HOMES

Average Home

Average Price $463,714
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $326,287
2 bedrooms $331,573
3 bedrooms $330,601
4 bedrooms $564,166
5 bedrooms $811,942
Panama City Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,409 1,315 1,269 1,220 1,243
Average Price $453,456 $440,503 $441,754 $446,424 $447,629
Avg Price Change +2.94% -0.28% -1.06% -0.27% -0.23%
Median Price $301,556 $298,372 $300,350 $297,525 $303,393
Med Price Change +1.07% -0.66% +0.95% -1.97% -2.09%
Avg Bedrooms 2.77 beds 2.65 beds 2.67 beds 2.72 beds 2.82 beds
Avg Bathrooms 2.14 baths 2.03 baths 2.03 baths 2.11 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bay 622 $514,734 156 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,609 $463,714 139 days
Multi-Million Dollar Homes 107 $2,379,528 138 days
Newly Built Homes 336 $355,088 188 days
Homes with a Pool 249 $592,420 151 days
Reduced Price Homes 76 $390,699 81 days
Distressed Homes 6 $265,033 81 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 May 21, 2024

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 May 21, 2024
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