Panama City

Why you'd want to live in Panama City

More than ever, Panama City is booming with growth! Panama City is a four-season paradise for water and nature lovers, and is where many of the "beach locals" also tend to live, work, and play. Some things you'll enjoy in Panama City, FL are waterfront dining, the best local seafood, many dining options as well as live music, new shopping centers, quaint home-town restaraunts, and lots of outdoor activities. Fishing, kayaking, paddleboarding, sailing and kiteboarding are popular activities on the crystal clear waters of St. Andrews Bay, with world-class beaches just minutes away.

Panama City Market Report

$395,997

AVERAGE PRICE OF 1,239 HOMES

$168,210

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,931,858

AVERAGE PRICE OF 72 MULTI-MILLION DOLLAR HOMES

$382,213

AVERAGE PRICE OF 328 NEWLY BUILT HOMES

$532,281

AVERAGE PRICE OF 133 HOMES WITH A POOL

$407,514

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $395,997
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $326,158
2 bedrooms $255,448
3 bedrooms $336,819
4 bedrooms $446,834
5 bedrooms $966,902
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 26 $623,727 109 days
Bay 449 $486,249 91 days
Deane Bozeman 47 $438,224 113 days
Mosley 166 $504,512 95 days
Rutherford 551 $335,532 90 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,239 $395,997 90 days
Distressed Homes 9 $168,210 57 days
Multi-Million Dollar Homes 72 $1,931,858 121 days
Newly Built Homes 328 $382,213 65 days
Homes with a Pool 133 $532,281 64 days
Reduced Price Homes 63 $407,514 84 days
Making Waves In Real Estate
Taylor Sauls | 850-630-8377
Trish Wheeler | 850-527-2275
22200 Panama City Bch Pkwy, Suite E
Panama City Beach, FL 32413

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 26, 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 26, 2023
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