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  • Panama City Beach Market Report

    $665,690

    AVERAGE PRICE OF 393 HOMES

    $2,601,909

    AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

    $607,370

    AVERAGE PRICE OF 230 NEWLY BUILT HOMES

    $675,896

    AVERAGE PRICE OF 331 HOMES WITH A POOL

    $700,000

    AVERAGE PRICE OF 2 REDUCED PRICE HOMES

    Average Home

    Average Price $665,690
    Avg Bedrooms 2.59 beds
    Avg Bathrooms 2.72 baths

    Average Price by Bedrooms

    1 bedroom $333,302
    2 bedrooms $450,210
    3 bedrooms $559,390
    4 bedrooms $792,334
    5 bedrooms $1,809,850
    Panama City Beach Home Price Trends
      4/2021 3/2021 2/2021 1/2021 12/2020
    Total Listings 1,233 1,360 454 1,520 1,550
    Average Price $551,531 $527,190 $567,951 $511,103 $520,566
    Avg Price Change +4.62% -7.73% +11.12% -1.85% +2.05%
    Median Price $389,581 $372,279 $380,121 $357,757 $358,737
    Med Price Change +4.65% -2.11% +6.25% -0.27% -1.25%
    Avg Bedrooms 2.6 beds 2.55 beds 2.39 beds 2.51 beds 2.49 beds
    Avg Bathrooms 2.6 baths 2.6 baths 2.58 baths 2.59 baths 2.56 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Arnold 388 $650,531 331 days
    Mosley 1 $2,890,000 55 days
    South Walton 4 $1,580,000 104 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 393 $665,690 328 days
    Multi-Million Dollar Homes 39 $2,601,909 84 days
    Newly Built Homes 230 $607,370 517 days
    Homes with a Pool 331 $675,896 381 days
    Reduced Price Homes 2 $700,000 56 days