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

$410,608

AVERAGE PRICE OF 1,296 HOMES

$197,128

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,109,095

AVERAGE PRICE OF 74 MULTI-MILLION DOLLAR HOMES

$442,043

AVERAGE PRICE OF 283 NEWLY BUILT HOMES

$568,220

AVERAGE PRICE OF 134 HOMES WITH A POOL

$450,340

AVERAGE PRICE OF 62 REDUCED PRICE HOMES

Average Home

Average Price $410,608
Avg Bedrooms 2.83 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $287,510
2 bedrooms $284,685
3 bedrooms $327,272
4 bedrooms $461,334
5 bedrooms $832,160
Panama City Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 1,290 1,277 n/a n/a n/a
Average Price $407,109 $413,510 n/a n/a n/a
Avg Price Change -1.57% n/a n/a n/a n/a
Median Price $303,335 $302,633 n/a n/a n/a
Med Price Change +0.23% n/a n/a n/a n/a
Avg Bedrooms 2.84 beds 2.83 beds n/a n/a n/a
Avg Bathrooms 1.98 baths 1.98 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 33 $565,401 83 days
Bay 491 $534,639 80 days
Deane Bozeman 32 $435,935 71 days
Mosley 166 $529,279 67 days
Rutherford 573 $329,613 69 days
St. Joe 1 $499,900 3 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,296 $410,608 74 days
Distressed Homes 7 $197,128 188 days
Multi-Million Dollar Homes 74 $2,109,095 109 days
Newly Built Homes 283 $442,043 66 days
Homes with a Pool 134 $568,220 62 days
Reduced Price Homes 62 $450,340 55 days
The Wheeler Sauls Group
Taylor Sauls | 850-630-8377
Trish Wheeler | 850-527-2275
7923 Panama City Beach Pkwy
Panama City Beach, FL 32407

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 September 25, 2022

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 September 25, 2022
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