If you need assistance, please call 770-916-1177

Panama City Beach Market Report

$499,447

AVERAGE PRICE OF 1,649 HOMES

$2,382,169

AVERAGE PRICE OF 101 MULTI-MILLION DOLLAR HOMES

$533,715

AVERAGE PRICE OF 559 NEWLY BUILT HOMES

$526,861

AVERAGE PRICE OF 1,099 HOMES WITH A POOL

$1,737,252

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

$309,560

AVERAGE PRICE OF 5 DISTRESSED HOMES

Average Home

Average Price $499,447
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.59 baths

Average Price by Bedrooms

1 bedroom $285,519
2 bedrooms $381,314
3 bedrooms $467,115
4 bedrooms $825,820
5 bedrooms $1,705,358
Panama City Beach Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 1,550 1,700 1,815 1,867 2,129
Average Price $520,566 $510,108 $490,926 $484,247 $466,363
Avg Price Change +2.05% +3.91% +1.38% +3.83% +0.03%
Median Price $358,737 $363,223 $367,896 $370,994 $363,424
Med Price Change -1.25% -1.29% -0.84% +2.08% +0.05%
Avg Bedrooms 2.49 beds 2.48 beds 2.48 beds 2.5 beds 2.49 beds
Avg Bathrooms 2.56 baths 2.54 baths 2.53 baths 2.53 baths 2.52 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,636 $530,091 289 days
Bay 2 $304,500 8 days
South Walton 11 $1,710,200 244 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,649 $499,447 286 days
Multi-Million Dollar Homes 101 $2,382,169 174 days
Newly Built Homes 559 $533,715 523 days
Homes with a Pool 1,099 $526,861 319 days
Reduced Price Homes 27 $1,737,252 109 days
Distressed Homes 5 $309,560 51 days
EXIT Sands Realty
Mike Glass - Realtor
2633 W. 23rd Street
Panama City, FL 32405
770-916-1177

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 January 16, 2021

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 January 16, 2021
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