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Panama City Beach Market Report

$916,548

AVERAGE PRICE OF 384 HOMES

$2,589,738

AVERAGE PRICE OF 68 MULTI-MILLION DOLLAR HOMES

$1,540,325

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$980,274

AVERAGE PRICE OF 291 HOMES WITH A POOL

$592,822

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $916,548
Avg Bedrooms 2.88 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $443,141
2 bedrooms $547,546
3 bedrooms $700,779
4 bedrooms $1,337,829
5 bedrooms $1,651,532
Panama City Beach Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 407 409 427 444 436
Average Price $930,207 $968,208 $1,001,157 $994,643 $1,011,102
Avg Price Change -4.09% -3.40% +0.65% -1.65% n/a
Median Price $602,381 $626,375 $622,668 $617,475 $612,080
Med Price Change -3.98% +0.60% +0.84% +0.88% n/a
Avg Bedrooms 2.86 beds 2.88 beds 2.93 beds 2.95 beds 2.97 beds
Avg Bathrooms 2.83 baths 2.88 baths 2.94 baths 2.98 baths 3.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 376 $899,301 110 days
Bay 4 $617,250 87 days
South Walton 4 $2,837,000 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 384 $916,548 110 days
Multi-Million Dollar Homes 68 $2,589,738 141 days
Newly Built Homes 69 $1,540,325 160 days
Homes with a Pool 291 $980,274 106 days
Reduced Price Homes 27 $592,822 97 days
EXP Realty
David Connart
200 Calusa Blvd Suite 200
Destin, FL 32541
850-837-5788

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
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 December 7, 2022

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

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