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Panama City Beach Market Report

$749,531

AVERAGE PRICE OF 248 HOMES

$2,780,254

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$706,582

AVERAGE PRICE OF 55 NEWLY BUILT HOMES

$789,885

AVERAGE PRICE OF 172 HOMES WITH A POOL

$435,466

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $749,531
Avg Bedrooms 2.91 beds
Avg Bathrooms 2.81 baths

Average Price by Bedrooms

1 bedroom $333,480
2 bedrooms $472,332
3 bedrooms $645,455
4 bedrooms $759,128
5 bedrooms $1,395,795
Panama City Beach Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 297 305 312 342
Average Price n/a $778,611 $772,276 $719,910 $724,179
Avg Price Change n/a +0.82% +7.27% -0.59% +2.73%
Median Price n/a $562,419 $544,992 $528,689 $511,628
Med Price Change n/a +3.20% +3.08% +3.33% +4.94%
Avg Bedrooms n/a 2.94 beds 2.81 beds 2.71 beds 2.66 beds
Avg Bathrooms n/a 2.87 baths 2.79 baths 2.72 baths 2.72 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 245 $743,117 107 days
South Walton 3 $1,273,333 168 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 248 $749,531 108 days
Multi-Million Dollar Homes 24 $2,780,254 108 days
Newly Built Homes 55 $706,582 233 days
Homes with a Pool 172 $789,885 114 days
Reduced Price Homes 6 $435,466 46 days
EXP Realty
David Connart
200 Calusa Blvd Suite 200
Destin, FL 32541
850-837-5788

Fair Housing/Equal Opportunity
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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 1, 2021

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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