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Panama City Beach Market Report

$745,182

AVERAGE PRICE OF 2,929 HOMES

$2,488,837

AVERAGE PRICE OF 377 MULTI-MILLION DOLLAR HOMES

$1,134,608

AVERAGE PRICE OF 380 NEWLY BUILT HOMES

$800,640

AVERAGE PRICE OF 1,490 HOMES WITH A POOL

$607,865

AVERAGE PRICE OF 181 REDUCED PRICE HOMES

$429,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $745,182
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $396,053
2 bedrooms $504,330
3 bedrooms $680,566
4 bedrooms $912,212
5 bedrooms $1,915,650
Panama City Beach Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 2,946 2,927 2,948 2,893 2,672
Average Price $740,888 $728,686 $729,093 $723,788 $729,200
Avg Price Change +1.67% -0.06% +0.73% -0.75% -0.07%
Median Price $499,970 $494,914 $495,974 $493,216 $495,026
Med Price Change +1.02% -0.21% +0.56% -0.37% -0.67%
Avg Bedrooms 2.51 beds 2.49 beds 2.46 beds 2.46 beds 2.47 beds
Avg Bathrooms 2.5 baths 2.49 baths 2.47 baths 2.47 baths 2.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 2,919 $802,090 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,929 $745,182 133 days
Multi-Million Dollar Homes 377 $2,488,837 160 days
Newly Built Homes 380 $1,134,608 133 days
Homes with a Pool 1,490 $800,640 132 days
Reduced Price Homes 181 $607,865 108 days
Distressed Homes 3 $429,633 132 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 July 13, 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 July 13, 2024
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