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Panama City Market Report

$278,286

AVERAGE PRICE OF 861 HOMES

$124,570

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,580,000

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$323,132

AVERAGE PRICE OF 256 NEWLY BUILT HOMES

$400,214

AVERAGE PRICE OF 139 HOMES WITH A POOL

$224,162

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $278,286
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $196,550
2 bedrooms $196,022
3 bedrooms $245,577
4 bedrooms $385,158
5 bedrooms $326,786
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 40 $408,681 104 days
Bay 327 $287,471 81 days
Deane Bozeman 25 $285,179 210 days
Mosley 184 $326,105 78 days
Rutherford 284 $216,781 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 861 $278,286 82 days
Distressed Homes 7 $124,570 243 days
Multi-Million Dollar Homes 8 $1,580,000 64 days
Newly Built Homes 256 $323,132 113 days
Homes with a Pool 139 $400,214 95 days
Reduced Price Homes 11 $224,162 79 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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