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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

$681,454

AVERAGE PRICE OF 2,390 HOMES

$2,498,870

AVERAGE PRICE OF 243 MULTI-MILLION DOLLAR HOMES

$1,035,053

AVERAGE PRICE OF 257 NEWLY BUILT HOMES

$710,023

AVERAGE PRICE OF 1,175 HOMES WITH A POOL

$523,995

AVERAGE PRICE OF 115 REDUCED PRICE HOMES

$608,175

AVERAGE PRICE OF 4 DISTRESSED HOMES

Average Home

Average Price $681,454
Avg Bedrooms 2.47 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $366,381
2 bedrooms $485,100
3 bedrooms $658,725
4 bedrooms $980,174
5 bedrooms $1,489,101
Panama City Beach Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 2,541 2,660 2,774 2,854 2,917
Average Price $716,211 $726,227 $739,304 $737,817 $744,659
Avg Price Change -1.40% -1.80% +0.20% -0.93% -0.12%
Median Price $477,990 $481,747 $491,037 $493,382 $495,611
Med Price Change -0.79% -1.93% -0.48% -0.45% -1.67%
Avg Bedrooms 2.5 beds 2.52 beds 2.54 beds 2.56 beds 2.57 beds
Avg Bathrooms 2.47 baths 2.49 baths 2.51 baths 2.51 baths 2.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 2,382 $720,672 156 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,390 $681,454 156 days
Multi-Million Dollar Homes 243 $2,498,870 205 days
Newly Built Homes 257 $1,035,053 143 days
Homes with a Pool 1,175 $710,023 159 days
Reduced Price Homes 115 $523,995 143 days
Distressed Homes 4 $608,175 285 days
Sostheim Group | Corcoran Reverie
Carly Sostheim
5410 E County Highway 30A, Ste 103
Santa Rosa Beach, FL 32459
850-624-1242

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
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 January 14, 2025

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 January 14, 2025
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