If you need assistance, please call 850-424-3094

Panama City Beach Market Report

$532,541

AVERAGE PRICE OF 1,367 HOMES

$2,457,862

AVERAGE PRICE OF 100 MULTI-MILLION DOLLAR HOMES

$583,411

AVERAGE PRICE OF 347 NEWLY BUILT HOMES

$580,772

AVERAGE PRICE OF 875 HOMES WITH A POOL

$489,626

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

$424,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $532,541
Avg Bedrooms 2.51 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $276,682
2 bedrooms $372,642
3 bedrooms $477,306
4 bedrooms $821,524
5 bedrooms $1,752,844
Panama City Beach Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 1,815 1,867 2,129 2,019 2,077
Average Price $490,926 $484,247 $466,363 $466,205 $459,335
Avg Price Change +1.38% +3.83% +0.03% +1.50% +1.03%
Median Price $367,896 $370,994 $363,424 $363,226 $362,964
Med Price Change -0.84% +2.08% +0.05% +0.07% +1.54%
Avg Bedrooms 2.48 beds 2.5 beds 2.49 beds 2.5 beds 2.47 beds
Avg Bathrooms 2.53 baths 2.53 baths 2.52 baths 2.5 baths 2.48 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 1,355 $544,796 239 days
Bay 1 $312,999 249 days
South Walton 11 $1,594,195 208 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,367 $532,541 237 days
Multi-Million Dollar Homes 100 $2,457,862 156 days
Newly Built Homes 347 $583,411 421 days
Homes with a Pool 875 $580,772 258 days
Reduced Price Homes 30 $489,626 105 days
Distressed Homes 2 $424,950 24 days
RealJoy Properties
Jodi Ketchersid
4014 Commons Dr. Ste 100
Destin, FL 32541
850-424-3094
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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 November 24, 2020

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 November 24, 2020
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