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Panama City Beach Market Report

$954,239

AVERAGE PRICE OF 532 HOMES

$2,324,373

AVERAGE PRICE OF 123 MULTI-MILLION DOLLAR HOMES

$1,503,678

AVERAGE PRICE OF 93 NEWLY BUILT HOMES

$934,744

AVERAGE PRICE OF 419 HOMES WITH A POOL

$765,542

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $954,239
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $423,853
2 bedrooms $524,712
3 bedrooms $800,151
4 bedrooms $1,342,791
5 bedrooms $1,786,347
Panama City Beach Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 530 507 473 479 470
Average Price $956,603 $985,748 $994,503 $1,001,029 $998,727
Avg Price Change -3.05% -0.89% -0.66% +0.23% -1.71%
Median Price $594,500 $595,976 $590,469 $599,621 $607,526
Med Price Change -0.25% +0.93% -1.55% -1.32% -2.57%
Avg Bedrooms 2.91 beds 2.95 beds 2.98 beds 2.93 beds 2.92 beds
Avg Bathrooms 2.98 baths 3.05 baths 3.08 baths 3.01 baths 2.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 522 $946,844 100 days
Bay 4 $527,200 120 days
Mosley 1 $675,000 31 days
South Walton 5 $2,123,800 150 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 532 $954,239 100 days
Multi-Million Dollar Homes 123 $2,324,373 124 days
Newly Built Homes 93 $1,503,678 134 days
Homes with a Pool 419 $934,744 101 days
Reduced Price Homes 27 $765,542 84 days
LPT 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 October 1, 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

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