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

Panama City Market Report

$471,245

AVERAGE PRICE OF 1,628 HOMES

$2,269,968

AVERAGE PRICE OF 114 MULTI-MILLION DOLLAR HOMES

$356,784

AVERAGE PRICE OF 309 NEWLY BUILT HOMES

$560,298

AVERAGE PRICE OF 257 HOMES WITH A POOL

$437,791

AVERAGE PRICE OF 102 REDUCED PRICE HOMES

$206,400

AVERAGE PRICE OF 5 DISTRESSED HOMES

Average Home

Average Price $471,245
Avg Bedrooms 2.89 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $324,849
2 bedrooms $364,092
3 bedrooms $368,118
4 bedrooms $550,035
5 bedrooms $795,906
Panama City Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,635 1,579 1,409 1,315 1,269
Average Price $468,283 $462,244 $453,456 $440,503 $441,754
Avg Price Change +1.31% +1.94% +2.94% -0.28% -1.06%
Median Price $311,702 $305,497 $301,556 $298,372 $300,350
Med Price Change +2.03% +1.31% +1.07% -0.66% +0.95%
Avg Bedrooms 2.85 beds 2.86 beds 2.77 beds 2.65 beds 2.67 beds
Avg Bathrooms 2.24 baths 2.2 baths 2.14 baths 2.03 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bay 39 $550,392 142 days
Rutherford 530 $357,547 164 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,628 $471,245 121 days
Multi-Million Dollar Homes 114 $2,269,968 146 days
Newly Built Homes 309 $356,784 129 days
Homes with a Pool 257 $560,298 124 days
Reduced Price Homes 102 $437,791 77 days
Distressed Homes 5 $206,400 147 days
LPT Realty
Mike Glass - Realtor
1400 S. International Pkwy Suite 1020
Lake Mary, FL 32746
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 July 18, 2024

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 July 18, 2024
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