Panama City Beach Market Report

$730,802

AVERAGE PRICE OF 2,771 HOMES

$2,466,994

AVERAGE PRICE OF 340 MULTI-MILLION DOLLAR HOMES

$1,189,028

AVERAGE PRICE OF 330 NEWLY BUILT HOMES

$759,672

AVERAGE PRICE OF 1,432 HOMES WITH A POOL

$643,008

AVERAGE PRICE OF 140 REDUCED PRICE HOMES

$314,933

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $730,802
Avg Bedrooms 2.47 beds
Avg Bathrooms 2.48 baths

Average Price by Bedrooms

1 bedroom $392,380
2 bedrooms $499,473
3 bedrooms $679,628
4 bedrooms $977,045
5 bedrooms $1,831,279
Panama City Beach Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 2,594 2,547 2,532 2,481 2,390
Average Price $729,714 $755,921 $759,528 $785,635 $788,820
Avg Price Change -3.59% -0.48% -3.44% -0.41% -1.27%
Median Price $498,329 $504,200 $511,844 $515,774 $517,555
Med Price Change -1.18% -1.52% -0.77% -0.35% -0.15%
Avg Bedrooms 2.48 beds 2.53 beds 2.59 beds 2.59 beds 2.6 beds
Avg Bathrooms 2.46 baths 2.54 baths 2.57 baths 2.59 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 2,764 $780,111 120 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,771 $730,802 120 days
Multi-Million Dollar Homes 340 $2,466,994 154 days
Newly Built Homes 330 $1,189,028 123 days
Homes with a Pool 1,432 $759,672 116 days
Reduced Price Homes 140 $643,008 90 days
Distressed Homes 3 $314,933 93 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

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 February 28, 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 February 28, 2024
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