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Panama City Beach Market Report

$589,959

AVERAGE PRICE OF 1,460 HOMES

$2,215,133

AVERAGE PRICE OF 103 MULTI-MILLION DOLLAR HOMES

$614,722

AVERAGE PRICE OF 273 NEWLY BUILT HOMES

$659,581

AVERAGE PRICE OF 794 HOMES WITH A POOL

$568,686

AVERAGE PRICE OF 68 REDUCED PRICE HOMES

$1,099,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $589,959
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.63 baths

Average Price by Bedrooms

1 bedroom $336,538
2 bedrooms $476,148
3 bedrooms $583,877
4 bedrooms $781,591
5 bedrooms $1,613,706
Panama City Beach Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,340 1,298 1,195 1,155 1,233
Average Price $601,611 $606,160 $610,386 $600,847 $551,531
Avg Price Change -0.76% -0.70% +1.59% +8.94% +4.62%
Median Price $459,614 $446,390 $436,355 $416,616 $389,581
Med Price Change +2.96% +2.30% +4.74% +6.94% +4.65%
Avg Bedrooms 2.64 beds 2.63 beds 2.63 beds 2.65 beds 2.6 beds
Avg Bathrooms 2.61 baths 2.62 baths 2.63 baths 2.65 baths 2.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,453 $650,165 103 days
Bay 3 $384,125 26 days
Mosley 1 $2,890,000 183 days
South Walton 3 $1,708,333 226 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,460 $589,959 104 days
Multi-Million Dollar Homes 103 $2,215,133 91 days
Newly Built Homes 273 $614,722 258 days
Homes with a Pool 794 $659,581 113 days
Reduced Price Homes 68 $568,686 44 days
Distressed Homes 2 $1,099,500 97 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 September 21, 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 September 21, 2021
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