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Panama City Beach Market Report

$476,973

AVERAGE PRICE OF 1,754 HOMES

$478,150

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,395,936

AVERAGE PRICE OF 86 MULTI-MILLION DOLLAR HOMES

$529,252

AVERAGE PRICE OF 569 NEWLY BUILT HOMES

$499,413

AVERAGE PRICE OF 1,147 HOMES WITH A POOL

$469,771

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $476,973
Avg Bedrooms 2.46 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $281,154
2 bedrooms $366,512
3 bedrooms $470,337
4 bedrooms $747,186
5 bedrooms $1,542,204
Panama City Beach Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 1,520 1,550 1,700 1,815 1,867
Average Price $511,103 $520,566 $510,108 $490,926 $484,247
Avg Price Change -1.85% +2.05% +3.91% +1.38% +3.83%
Median Price $357,757 $358,737 $363,223 $367,896 $370,994
Med Price Change -0.27% -1.25% -1.29% -0.84% +2.08%
Avg Bedrooms 2.51 beds 2.49 beds 2.48 beds 2.48 beds 2.5 beds
Avg Bathrooms 2.59 baths 2.56 baths 2.54 baths 2.53 baths 2.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,743 $494,560 274 days
Bay 2 $377,450 26 days
South Walton 9 $1,802,125 258 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,754 $476,973 271 days
Distressed Homes 6 $478,150 46 days
Multi-Million Dollar Homes 86 $2,395,936 189 days
Newly Built Homes 569 $529,252 536 days
Homes with a Pool 1,147 $499,413 306 days
Reduced Price Homes 32 $469,771 87 days
The Lawrence Group - Keller Williams Success Realty
7923 Panama City Beach Pkwy
Panama City Beach, FL 32407
850-814-8588

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 25, 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 25, 2021
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