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Panama City Market Report

$448,447

AVERAGE PRICE OF 1,243 HOMES

$2,292,299

AVERAGE PRICE OF 90 MULTI-MILLION DOLLAR HOMES

$370,022

AVERAGE PRICE OF 325 NEWLY BUILT HOMES

$606,564

AVERAGE PRICE OF 130 HOMES WITH A POOL

$176,914

AVERAGE PRICE OF 7 DISTRESSED HOMES

$333,214

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $448,447
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $273,100
2 bedrooms $300,231
3 bedrooms $351,673
4 bedrooms $521,009
5 bedrooms $840,397
Panama City Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,217 1,188 1,190 1,177 1,201
Average Price $448,673 $445,749 $427,174 $426,973 $421,837
Avg Price Change +0.66% +4.35% +0.05% +1.22% +3.89%
Median Price $309,745 $304,558 $297,168 $290,137 $292,392
Med Price Change +1.70% +2.49% +2.42% -0.78% -0.93%
Avg Bedrooms 2.8 beds 2.85 beds 2.87 beds 2.8 beds 2.78 beds
Avg Bathrooms 2.11 baths 2.12 baths 2.14 baths 2.14 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 12 $1,147,397 154 days
Bay 485 $515,567 153 days
Deane Bozeman 33 $434,115 104 days
Mosley 160 $662,382 158 days
Rutherford 553 $407,947 118 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,243 $448,447 145 days
Multi-Million Dollar Homes 90 $2,292,299 183 days
Newly Built Homes 325 $370,022 146 days
Homes with a Pool 130 $606,564 145 days
Distressed Homes 7 $176,914 53 days
Reduced Price Homes 48 $333,214 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 December 6, 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 December 6, 2023
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