Panama City Beach Market Report
$676,824
AVERAGE PRICE OF 2,402 HOMES$2,468,498
AVERAGE PRICE OF 242 MULTI-MILLION DOLLAR HOMES$1,031,231
AVERAGE PRICE OF 258 NEWLY BUILT HOMES$704,853
AVERAGE PRICE OF 1,187 HOMES WITH A POOL$514,436
AVERAGE PRICE OF 109 REDUCED PRICE HOMES$608,175
AVERAGE PRICE OF 4 DISTRESSED HOMESAverage Home
| Average Price | $676,824 |
| Avg Bedrooms | 2.47 beds |
| Avg Bathrooms | 2.41 baths |
Average Price by Bedrooms
| 1 bedroom | $367,377 |
| 2 bedrooms | $483,215 |
| 3 bedrooms | $658,171 |
| 4 bedrooms | $921,747 |
| 5 bedrooms | $1,532,924 |
Panama City Beach Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 2,541 | 2,660 | 2,774 | 2,854 | 2,917 |
| Average Price | $716,211 | $726,227 | $739,304 | $737,817 | $744,659 |
| Avg Price Change | -1.40% | -1.80% | +0.20% | -0.93% | -0.12% |
| Median Price | $477,990 | $481,747 | $491,037 | $493,382 | $495,611 |
| Med Price Change | -0.79% | -1.93% | -0.48% | -0.45% | -1.67% |
| Avg Bedrooms | 2.5 beds | 2.52 beds | 2.54 beds | 2.56 beds | 2.57 beds |
| Avg Bathrooms | 2.47 baths | 2.49 baths | 2.51 baths | 2.51 baths | 2.53 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Arnold | 2,391 | $713,917 | 153 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,402 | $676,824 | 153 days |
| Multi-Million Dollar Homes | 242 | $2,468,498 | 196 days |
| Newly Built Homes | 258 | $1,031,231 | 144 days |
| Homes with a Pool | 1,187 | $704,853 | 157 days |
| Reduced Price Homes | 109 | $514,436 | 125 days |
| Distressed Homes | 4 | $608,175 | 288 days |
