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

Panama City Market Report

$272,560

AVERAGE PRICE OF 582 HOMES

$135,500

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,559,286

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$293,319

AVERAGE PRICE OF 132 NEWLY BUILT HOMES

$407,447

AVERAGE PRICE OF 74 HOMES WITH A POOL

$301,812

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $272,560
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $194,466
2 bedrooms $200,455
3 bedrooms $236,300
4 bedrooms $389,647
5 bedrooms $299,761
Panama City Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 751 785 801 783 782
Average Price $276,909 $279,040 $271,703 $263,664 $266,709
Avg Price Change -0.77% +2.70% +3.05% -1.15% +0.96%
Median Price $245,884 $247,158 $243,670 $236,923 $234,877
Med Price Change -0.52% +1.43% +2.85% +0.87% +0.96%
Avg Bedrooms 3.21 beds 3.28 beds 3.2 beds 3.12 beds 3.05 beds
Avg Bathrooms 2.42 baths 2.36 baths 2.27 baths 2.3 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 25 $383,208 58 days
Bay 221 $281,893 82 days
Deane Bozeman 18 $290,456 201 days
Mosley 109 $320,435 79 days
Rutherford 209 $222,070 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 582 $272,560 79 days
Distressed Homes 6 $135,500 236 days
Multi-Million Dollar Homes 7 $1,559,286 70 days
Newly Built Homes 132 $293,319 108 days
Homes with a Pool 74 $407,447 98 days
Reduced Price Homes 15 $301,812 206 days
EXIT Sands Realty
Mike Glass - Realtor
2633 W. 23rd Street
Panama City, FL 32405
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 February 28, 2021

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 February 28, 2021
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