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

Panama City Beach Market Report

$452,424

AVERAGE PRICE OF 1,832 HOMES

$334,031

AVERAGE PRICE OF 11 DISTRESSED HOMES

$2,139,349

AVERAGE PRICE OF 71 MULTI-MILLION DOLLAR HOMES

$480,107

AVERAGE PRICE OF 503 NEWLY BUILT HOMES

$457,522

AVERAGE PRICE OF 1,274 HOMES WITH A POOL

$432,082

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $452,424
Avg Bedrooms 2.46 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

1 bedroom $287,002
2 bedrooms $322,309
3 bedrooms $471,661
4 bedrooms $739,113
5 bedrooms $1,407,336
Panama City Beach Home Price Trends
  8/2019 7/2019 6/2019 5/2019 4/2019
Total Listings 1,825 1,758 1,708 1,775 1,755
Average Price $455,744 $467,141 $477,939 $480,930 $479,674
Avg Price Change -2.50% -2.31% -0.63% +0.26% +0.82%
Median Price $360,249 $361,825 $364,363 $358,542 $358,815
Med Price Change -0.44% -0.70% +1.62% -0.08% +0.37%
Avg Bedrooms 2.47 beds 2.51 beds 2.57 beds 2.58 beds 2.57 beds
Avg Bathrooms 2.5 baths 2.51 baths 2.55 baths 2.56 baths 2.55 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,824 $457,599 163 days
Bay 1 $239,900 106 days
South Walton 6 $1,314,991 103 days
St. Joe 1 $449,000 149 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,832 $452,424 163 days
Distressed Homes 11 $334,031 71 days
Multi-Million Dollar Homes 71 $2,139,349 166 days
Newly Built Homes 503 $480,107 269 days
Homes with a Pool 1,274 $457,522 177 days
Reduced Price Homes 47 $432,082 96 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 September 15, 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 September 15, 2019