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  • Panama City Beach Market Report

    $476,128

    AVERAGE PRICE OF 1,761 HOMES

    $478,150

    AVERAGE PRICE OF 6 DISTRESSED HOMES

    $2,411,182

    AVERAGE PRICE OF 85 MULTI-MILLION DOLLAR HOMES

    $529,795

    AVERAGE PRICE OF 568 NEWLY BUILT HOMES

    $498,598

    AVERAGE PRICE OF 1,153 HOMES WITH A POOL

    $455,580

    AVERAGE PRICE OF 37 REDUCED PRICE HOMES

    Average Home

    Average Price $476,128
    Avg Bedrooms 2.45 beds
    Avg Bathrooms 2.53 baths

    Average Price by Bedrooms

    1 bedroom $280,651
    2 bedrooms $365,729
    3 bedrooms $468,310
    4 bedrooms $746,205
    5 bedrooms $1,542,517
    Panama City Beach Home Price Trends
      1/2021 12/2020 11/2020 10/2020 9/2020
    Total Listings 1,520 1,550 1,700 1,815 1,867
    Average Price $511,103 $520,566 $510,108 $490,926 $484,247
    Avg Price Change -1.85% +2.05% +3.91% +1.38% +3.83%
    Median Price $357,757 $358,737 $363,223 $367,896 $370,994
    Med Price Change -0.27% -1.25% -1.29% -0.84% +2.08%
    Avg Bedrooms 2.51 beds 2.49 beds 2.48 beds 2.48 beds 2.5 beds
    Avg Bathrooms 2.59 baths 2.56 baths 2.54 baths 2.53 baths 2.53 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Arnold 1,751 $492,697 272 days
    Bay 1 $549,900 24 days
    South Walton 9 $1,802,125 259 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,761 $476,128 270 days
    Distressed Homes 6 $478,150 47 days
    Multi-Million Dollar Homes 85 $2,411,182 191 days
    Newly Built Homes 568 $529,795 537 days
    Homes with a Pool 1,153 $498,598 304 days
    Reduced Price Homes 37 $455,580 75 days