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

Panama City Beach Market Report

$771,555

AVERAGE PRICE OF 1,913 HOMES

$2,618,706

AVERAGE PRICE OF 245 MULTI-MILLION DOLLAR HOMES

$1,236,454

AVERAGE PRICE OF 296 NEWLY BUILT HOMES

$886,183

AVERAGE PRICE OF 863 HOMES WITH A POOL

$637,211

AVERAGE PRICE OF 102 REDUCED PRICE HOMES

$440,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $771,555
Avg Bedrooms 2.57 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $419,313
2 bedrooms $513,623
3 bedrooms $662,727
4 bedrooms $1,118,690
5 bedrooms $1,480,667
Panama City Beach Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 2,040 2,071 2,154 2,148 2,073
Average Price $763,913 $775,877 $810,584 $820,668 $835,467
Avg Price Change -1.57% -4.47% -1.24% -1.80% n/a
Median Price $519,857 $525,022 $532,940 $542,581 $543,867
Med Price Change -0.99% -1.51% -1.81% -0.24% n/a
Avg Bedrooms 2.56 beds 2.57 beds 2.61 beds 2.64 beds 2.65 beds
Avg Bathrooms 2.5 baths 2.53 baths 2.57 baths 2.61 baths 2.64 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,904 $816,104 111 days
Bay 4 $617,250 88 days
Port St. Joe 1 $1,695,000 n/a
South Walton 4 $2,837,000 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,913 $771,555 110 days
Multi-Million Dollar Homes 245 $2,618,706 146 days
Newly Built Homes 296 $1,236,454 150 days
Homes with a Pool 863 $886,183 105 days
Reduced Price Homes 102 $637,211 85 days
Distressed Homes 1 $440,000 12 days
World Impact Real Estate
Mike Glass - Realtor
6816 Thomas Drive
Panama City Beach, FL 32407
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 December 8, 2022

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 December 8, 2022
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