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

Panama City Market Report

$407,600

AVERAGE PRICE OF 1,242 HOMES

$196,926

AVERAGE PRICE OF 10 DISTRESSED HOMES

$2,005,169

AVERAGE PRICE OF 76 MULTI-MILLION DOLLAR HOMES

$417,430

AVERAGE PRICE OF 291 NEWLY BUILT HOMES

$513,048

AVERAGE PRICE OF 141 HOMES WITH A POOL

$324,035

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $407,600
Avg Bedrooms 2.8 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $306,052
2 bedrooms $280,190
3 bedrooms $345,579
4 bedrooms $476,338
5 bedrooms $846,716
Panama City Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 1,295 1,274 1,290 1,277 n/a
Average Price $410,772 $410,731 $407,109 $413,510 n/a
Avg Price Change +0.01% +0.89% -1.57% n/a n/a
Median Price $309,347 $306,833 $303,335 $302,633 n/a
Med Price Change +0.82% +1.15% +0.23% n/a n/a
Avg Bedrooms 2.81 beds 2.83 beds 2.84 beds 2.83 beds n/a
Avg Bathrooms 1.97 baths 1.96 baths 1.98 baths 1.98 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 42 $495,873 58 days
Bay 487 $582,243 90 days
Deane Bozeman 25 $453,322 94 days
Mosley 164 $484,530 109 days
Rutherford 522 $377,136 101 days
St. Joe 1 $499,900 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,242 $407,600 90 days
Distressed Homes 10 $196,926 58 days
Multi-Million Dollar Homes 76 $2,005,169 163 days
Newly Built Homes 291 $417,430 77 days
Homes with a Pool 141 $513,048 68 days
Reduced Price Homes 42 $324,035 59 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 November 30, 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 November 30, 2022
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