If you need assistance, please call 904-545-4988

Panama City Beach Market Report

$478,329

AVERAGE PRICE OF 1,709 HOMES

$2,242,833

AVERAGE PRICE OF 82 MULTI-MILLION DOLLAR HOMES

$497,221

AVERAGE PRICE OF 519 NEWLY BUILT HOMES

$486,885

AVERAGE PRICE OF 1,170 HOMES WITH A POOL

$426,522

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

$251,716

AVERAGE PRICE OF 6 DISTRESSED HOMES

Average Home

Average Price $478,329
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $286,276
2 bedrooms $322,882
3 bedrooms $474,091
4 bedrooms $743,066
5 bedrooms $1,519,204
Panama City Beach Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 1,775 1,755 1,657 1,633 1,585
Average Price $480,930 $479,674 $475,759 $462,449 $452,336
Avg Price Change +0.26% +0.82% +2.88% +2.24% +1.35%
Median Price $358,542 $358,815 $357,492 $354,458 $346,321
Med Price Change -0.08% +0.37% +0.86% +2.35% +2.74%
Avg Bedrooms 2.58 beds 2.57 beds 2.57 beds 2.57 beds 2.57 beds
Avg Bathrooms 2.56 baths 2.55 baths 2.55 baths 2.55 baths 2.56 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,694 $476,891 155 days
Bay 2 $182,450 27 days
South Walton 11 $1,630,759 193 days
St. Joe 1 $449,000 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,709 $478,329 155 days
Multi-Million Dollar Homes 82 $2,242,833 180 days
Newly Built Homes 519 $497,221 215 days
Homes with a Pool 1,170 $486,885 163 days
Reduced Price Homes 36 $426,522 72 days
Distressed Homes 6 $251,716 82 days
EXIT Sands Realty
Mike Glass - Realtor
731-A Airport Road
Panama City , FL 32405
904-545-4988

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 June 25, 2019

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.

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 June 25, 2019