If you need assistance, please call 850-344-9848

Panama City Market Report

$449,168

AVERAGE PRICE OF 1,233 HOMES

$2,315,988

AVERAGE PRICE OF 88 MULTI-MILLION DOLLAR HOMES

$373,396

AVERAGE PRICE OF 319 NEWLY BUILT HOMES

$597,178

AVERAGE PRICE OF 135 HOMES WITH A POOL

$581,892

AVERAGE PRICE OF 28 REDUCED PRICE HOMES

$178,000

AVERAGE PRICE OF 7 DISTRESSED HOMES

Average Home

Average Price $449,168
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $273,100
2 bedrooms $290,358
3 bedrooms $352,535
4 bedrooms $533,988
5 bedrooms $841,799
Panama City Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 1,188 1,190 1,177 1,201 1,238
Average Price $445,749 $427,174 $426,973 $421,837 $406,061
Avg Price Change +4.35% +0.05% +1.22% +3.89% +0.73%
Median Price $304,558 $297,168 $290,137 $292,392 $295,100
Med Price Change +2.49% +2.42% -0.78% -0.93% -0.84%
Avg Bedrooms 2.85 beds 2.87 beds 2.8 beds 2.78 beds 2.74 beds
Avg Bathrooms 2.12 baths 2.14 baths 2.14 baths 2.14 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 12 $1,151,068 147 days
Bay 472 $521,708 153 days
Deane Bozeman 33 $434,260 97 days
Mosley 159 $662,179 155 days
Rutherford 557 $396,866 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,233 $449,168 143 days
Multi-Million Dollar Homes 88 $2,315,988 181 days
Newly Built Homes 319 $373,396 142 days
Homes with a Pool 135 $597,178 135 days
Reduced Price Homes 28 $581,892 83 days
Distressed Homes 7 $178,000 46 days
The Ketchersid Team
Jodi Ketchersid
4014 Commons Dr. Ste 100
Destin, FL 32541
850-344-9848
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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 29, 2023

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 November 29, 2023
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