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Panama City Beach Market Report

$576,246

AVERAGE PRICE OF 915 HOMES

$948,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,328,367

AVERAGE PRICE OF 78 MULTI-MILLION DOLLAR HOMES

$605,808

AVERAGE PRICE OF 276 NEWLY BUILT HOMES

$621,725

AVERAGE PRICE OF 598 HOMES WITH A POOL

$864,049

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $576,246
Avg Bedrooms 2.63 beds
Avg Bathrooms 2.6 baths

Average Price by Bedrooms

1 bedroom $288,898
2 bedrooms $394,190
3 bedrooms $514,128
4 bedrooms $742,234
5 bedrooms $1,673,481
Panama City Beach Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 1,360 454 1,520 1,550 1,700
Average Price $527,190 $567,951 $511,103 $520,566 $510,108
Avg Price Change -7.73% +11.12% -1.85% +2.05% +3.91%
Median Price $372,279 $380,121 $357,757 $358,737 $363,223
Med Price Change -2.11% +6.25% -0.27% -1.25% -1.29%
Avg Bedrooms 2.55 beds 2.39 beds 2.51 beds 2.49 beds 2.48 beds
Avg Bathrooms 2.6 baths 2.58 baths 2.59 baths 2.56 baths 2.54 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 911 $569,980 242 days
Mosley 1 $2,890,000 27 days
South Walton 3 $1,840,000 103 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 915 $576,246 241 days
Distressed Homes 3 $948,000 62 days
Multi-Million Dollar Homes 78 $2,328,367 123 days
Newly Built Homes 276 $605,808 427 days
Homes with a Pool 598 $621,725 274 days
Reduced Price Homes 14 $864,049 74 days