Panama City Beach Market Report

$796,655

AVERAGE PRICE OF 2,198 HOMES

$2,531,991

AVERAGE PRICE OF 325 MULTI-MILLION DOLLAR HOMES

$1,225,731

AVERAGE PRICE OF 340 NEWLY BUILT HOMES

$871,780

AVERAGE PRICE OF 1,074 HOMES WITH A POOL

$676,861

AVERAGE PRICE OF 121 REDUCED PRICE HOMES

$380,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $796,655
Avg Bedrooms 2.62 beds
Avg Bathrooms 2.62 baths

Average Price by Bedrooms

1 bedroom $413,148
2 bedrooms $508,391
3 bedrooms $717,971
4 bedrooms $1,029,023
5 bedrooms $1,705,039
Panama City Beach Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 2,087 2,013 1,924 1,799 1,866
Average Price $807,141 $801,490 $782,443 $780,811 $776,990
Avg Price Change +0.71% +2.43% +0.21% +0.49% +1.71%
Median Price $516,378 $517,975 $513,759 $515,176 $516,645
Med Price Change -0.31% +0.82% -0.28% -0.29% -0.62%
Avg Bedrooms 2.59 beds 2.6 beds 2.59 beds 2.53 beds 2.56 beds
Avg Bathrooms 2.59 baths 2.59 baths 2.57 baths 2.51 baths 2.51 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 2,188 $863,325 100 days
Bay 8 $937,875 59 days
South Walton 2 $3,075,000 192 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,198 $796,655 100 days
Multi-Million Dollar Homes 325 $2,531,991 127 days
Newly Built Homes 340 $1,225,731 123 days
Homes with a Pool 1,074 $871,780 94 days
Reduced Price Homes 121 $676,861 89 days
Distressed Homes 1 $380,000 182 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 May 27, 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 May 27, 2023
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