Panama City Beach Market Report
$817,872
AVERAGE PRICE OF 2,151 HOMES$2,552,177
AVERAGE PRICE OF 318 MULTI-MILLION DOLLAR HOMES$1,177,589
AVERAGE PRICE OF 313 NEWLY BUILT HOMES$910,281
AVERAGE PRICE OF 999 HOMES WITH A POOL$609,706
AVERAGE PRICE OF 133 REDUCED PRICE HOMES$255,000
AVERAGE PRICE OF 1 DISTRESSED HOMESAverage Home
| Average Price | $817,872 |
| Avg Bedrooms | 2.63 beds |
| Avg Bathrooms | 2.61 baths |
Average Price by Bedrooms
| 1 bedroom | $450,837 |
| 2 bedrooms | $539,369 |
| 3 bedrooms | $723,253 |
| 4 bedrooms | $964,710 |
| 5 bedrooms | $1,712,712 |
Panama City Beach Home Price Trends
| 7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
|---|---|---|---|---|---|
| Total Listings | 2,073 | n/a | n/a | n/a | 761 |
| Average Price | $835,467 | n/a | n/a | n/a | $986,610 |
| Avg Price Change | n/a | n/a | n/a | n/a | +13.18% |
| Median Price | $543,867 | n/a | n/a | n/a | $518,433 |
| Med Price Change | n/a | n/a | n/a | n/a | +0.74% |
| Avg Bedrooms | 2.65 beds | n/a | n/a | n/a | 2.51 beds |
| Avg Bathrooms | 2.64 baths | n/a | n/a | n/a | 2.44 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Arnold | 2,147 | $873,514 | 69 days |
| Bay | 2 | $659,500 | 92 days |
| South Walton | 2 | $2,785,000 | 106 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,151 | $817,872 | 69 days |
| Multi-Million Dollar Homes | 318 | $2,552,177 | 83 days |
| Newly Built Homes | 313 | $1,177,589 | 105 days |
| Homes with a Pool | 999 | $910,281 | 63 days |
| Reduced Price Homes | 133 | $609,706 | 54 days |
| Distressed Homes | 1 | $255,000 | 82 days |
