If you need assistance, please call 850-837-5788

Panama City Beach Market Report

$979,895

AVERAGE PRICE OF 260 HOMES

$2,584,851

AVERAGE PRICE OF 55 MULTI-MILLION DOLLAR HOMES

$709,360

AVERAGE PRICE OF 61 NEWLY BUILT HOMES

$1,093,193

AVERAGE PRICE OF 192 HOMES WITH A POOL

$2,010,557

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $979,895
Avg Bedrooms 2.86 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $510,605
2 bedrooms $549,229
3 bedrooms $710,440
4 bedrooms $1,345,369
5 bedrooms $2,144,289
Panama City Beach Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 232 210 199 225
Average Price n/a $941,765 $871,689 $835,950 $797,590
Avg Price Change n/a +8.04% +4.28% +4.81% n/a
Median Price n/a $546,981 $514,633 $532,733 $538,699
Med Price Change n/a +6.29% -3.52% -1.12% n/a
Avg Bedrooms n/a 2.87 beds 2.8 beds 2.83 beds 2.88 beds
Avg Bathrooms n/a 2.8 baths 2.73 baths 2.72 baths 2.78 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 258 $979,666 67 days
Bay 1 $799,000 56 days
South Walton 1 $1,220,000 25 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 260 $979,895 67 days
Multi-Million Dollar Homes 55 $2,584,851 75 days
Newly Built Homes 61 $709,360 135 days
Homes with a Pool 192 $1,093,193 48 days
Reduced Price Homes 7 $2,010,557 58 days
EXP Realty
David Connart
200 Calusa Blvd Suite 200
Destin, FL 32541
850-837-5788

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 May 18, 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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