Panama City Market Report

$432,561

AVERAGE PRICE OF 1,212 HOMES

$200,464

AVERAGE PRICE OF 7 DISTRESSED HOMES

$2,384,358

AVERAGE PRICE OF 76 MULTI-MILLION DOLLAR HOMES

$363,847

AVERAGE PRICE OF 279 NEWLY BUILT HOMES

$563,343

AVERAGE PRICE OF 107 HOMES WITH A POOL

$426,395

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $432,561
Avg Bedrooms 2.08 beds
Avg Bathrooms 1.46 baths

Average Price by Bedrooms

1 bedroom $202,449
2 bedrooms $252,807
3 bedrooms $325,861
4 bedrooms $437,753
5 bedrooms $542,562
Panama City Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 1,220 1,243 1,217 1,188 1,190
Average Price $446,424 $447,629 $448,673 $445,749 $427,174
Avg Price Change -0.27% -0.23% +0.66% +4.35% +0.05%
Median Price $297,525 $303,393 $309,745 $304,558 $297,168
Med Price Change -1.97% -2.09% +1.70% +2.49% +2.42%
Avg Bedrooms 2.72 beds 2.82 beds 2.8 beds 2.85 beds 2.87 beds
Avg Bathrooms 2.11 baths 2.14 baths 2.11 baths 2.12 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Rutherford 539 $334,932 167 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,212 $432,561 160 days
Distressed Homes 7 $200,464 77 days
Multi-Million Dollar Homes 76 $2,384,358 292 days
Newly Built Homes 279 $363,847 100 days
Homes with a Pool 107 $563,343 97 days
Reduced Price Homes 48 $426,395 81 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 23, 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 23, 2024
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