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Panama City Beach Market Report

$504,129

AVERAGE PRICE OF 575 HOMES

$260,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,077,111

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$452,087

AVERAGE PRICE OF 277 NEWLY BUILT HOMES

$500,466

AVERAGE PRICE OF 503 HOMES WITH A POOL

$314,685

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $504,129
Avg Bedrooms 2.42 beds
Avg Bathrooms 2.5 baths

Average Price by Bedrooms

1 bedroom $316,487
2 bedrooms $351,465
3 bedrooms $492,144
4 bedrooms $802,099
5 bedrooms $1,614,370
Panama City Beach Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 604 603 610 616 616
Average Price $477,268 $485,465 $489,973 $490,579 $497,869
Avg Price Change -1.72% -0.93% -0.12% -1.49% -2.51%
Median Price $397,585 $399,023 $395,616 $388,353 $383,450
Med Price Change -0.36% +0.86% +1.87% +1.28% -0.03%
Avg Bedrooms 2.41 beds 2.43 beds 2.43 beds 2.43 beds 1.98 beds
Avg Bathrooms 2.47 baths 2.5 baths 2.5 baths 2.5 baths 1.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 567 $493,595 284 days
Bay 1 $499,900 77 days
South Walton 6 $1,509,500 168 days
St. Joe 1 $449,000 277 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 575 $504,129 282 days
Distressed Homes 1 $260,000 193 days
Multi-Million Dollar Homes 32 $2,077,111 141 days
Newly Built Homes 277 $452,087 449 days
Homes with a Pool 503 $500,466 303 days
Reduced Price Homes 7 $314,685 108 days
World Impact Real Estate
4507 Furling Lane, Suite #203
Destin, FL 32541
850-225-7000
850-225-7000

IDX information is provided exclusively for consumers’ personal and non-commercial use. 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 January 21, 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.

© 2020 My Florida Regional MLS DBA Stellar MLS, Inc.. All rights reserved. The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.1/21/2020 10:54 AM CST