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Panama City Beach

Why you'd want to live in Panama City Beach

A spectacular shoreline extends for 27 miles and the emerald-green water captivates the eye. This is Panama City Beach. But the Gulf of Mexico city in Northwest Florida is aesthetically pleasing on and of its crystal-white sand. Residents who cherish Southern hospitality — something that infuses life here — say the location is perfect, but so is the dining and shopping, as well as the practical day-in-and-day-out aspects of a city that make it feel like home. via floridatravellife.com

Panama City Beach Market Report

$729,372

AVERAGE PRICE OF 2,963 HOMES

$2,530,102

AVERAGE PRICE OF 350 MULTI-MILLION DOLLAR HOMES

$1,187,263

AVERAGE PRICE OF 362 NEWLY BUILT HOMES

$771,353

AVERAGE PRICE OF 1,509 HOMES WITH A POOL

$624,083

AVERAGE PRICE OF 144 REDUCED PRICE HOMES

$357,450

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $729,372
Avg Bedrooms 2.48 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

1 bedroom $398,064
2 bedrooms $506,742
3 bedrooms $671,369
4 bedrooms $914,038
5 bedrooms $1,850,621
Panama City Beach Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 2,948 2,893 2,672 2,594 2,547
Average Price $729,093 $723,788 $729,200 $729,714 $755,921
Avg Price Change +0.73% -0.75% -0.07% -3.59% -0.48%
Median Price $495,974 $493,216 $495,026 $498,329 $504,200
Med Price Change +0.56% -0.37% -0.67% -1.18% -1.52%
Avg Bedrooms 2.46 beds 2.46 beds 2.47 beds 2.48 beds 2.53 beds
Avg Bathrooms 2.47 baths 2.47 baths 2.47 baths 2.46 baths 2.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 2,956 $787,362 126 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,963 $729,372 126 days
Multi-Million Dollar Homes 350 $2,530,102 157 days
Newly Built Homes 362 $1,187,263 128 days
Homes with a Pool 1,509 $771,353 122 days
Reduced Price Homes 144 $624,083 113 days
Distressed Homes 2 $357,450 139 days
Sostheim Group | Corcoran Reverie
Carly Sostheim
5410 E County Highway 30A, Ste 103
Santa Rosa Beach, FL 32459
850-624-1242

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 May 28, 2024

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. Vendor Member Number: 28179

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 May 28, 2024
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