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

Panama City Market Report

$435,076

AVERAGE PRICE OF 1,280 HOMES

$2,330,330

AVERAGE PRICE OF 80 MULTI-MILLION DOLLAR HOMES

$366,771

AVERAGE PRICE OF 296 NEWLY BUILT HOMES

$523,298

AVERAGE PRICE OF 149 HOMES WITH A POOL

$375,706

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

$199,208

AVERAGE PRICE OF 6 DISTRESSED HOMES

Average Home

Average Price $435,076
Avg Bedrooms 2.61 beds
Avg Bathrooms 1.98 baths

Average Price by Bedrooms

1 bedroom $233,341
2 bedrooms $304,286
3 bedrooms $360,818
4 bedrooms $529,586
5 bedrooms $548,437
Panama City Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 1,269 1,220 1,243 1,217 1,188
Average Price $441,754 $446,424 $447,629 $448,673 $445,749
Avg Price Change -1.06% -0.27% -0.23% +0.66% +4.35%
Median Price $300,350 $297,525 $303,393 $309,745 $304,558
Med Price Change +0.95% -1.97% -2.09% +1.70% +2.49%
Avg Bedrooms 2.67 beds 2.72 beds 2.82 beds 2.8 beds 2.85 beds
Avg Bathrooms 2.03 baths 2.11 baths 2.14 baths 2.11 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bay 56 $457,644 186 days
Rutherford 520 $334,598 166 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,280 $435,076 149 days
Multi-Million Dollar Homes 80 $2,330,330 205 days
Newly Built Homes 296 $366,771 168 days
Homes with a Pool 149 $523,298 155 days
Reduced Price Homes 43 $375,706 69 days
Distressed Homes 6 $199,208 81 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 March 2, 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 March 2, 2024
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