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Panama City Beach Market Report

$773,196

AVERAGE PRICE OF 541 HOMES

$2,356,850

AVERAGE PRICE OF 73 MULTI-MILLION DOLLAR HOMES

$1,523,916

AVERAGE PRICE OF 54 NEWLY BUILT HOMES

$812,277

AVERAGE PRICE OF 412 HOMES WITH A POOL

$577,784

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $773,196
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $379,512
2 bedrooms $502,099
3 bedrooms $699,210
4 bedrooms $1,067,750
5 bedrooms $1,756,433
Panama City Beach Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 568 598 646 670 675
Average Price $851,341 $858,320 $874,394 $871,561 $900,734
Avg Price Change -0.82% -1.87% +0.33% -3.35% -1.12%
Median Price $560,750 $556,111 $557,461 $558,741 $571,887
Med Price Change +0.83% -0.24% -0.23% -2.35% -2.15%
Avg Bedrooms 2.8 beds 2.82 beds 2.84 beds 2.85 beds 2.85 beds
Avg Bathrooms 2.78 baths 2.79 baths 2.82 baths 2.82 baths 2.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 534 $774,554 137 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 541 $773,196 138 days
Multi-Million Dollar Homes 73 $2,356,850 170 days
Newly Built Homes 54 $1,523,916 146 days
Homes with a Pool 412 $812,277 143 days
Reduced Price Homes 27 $577,784 139 days
RE/MAX By the Sea
Marie Babin
42 Business Centre Dr #112
Miramar Beach, FL 32550
850-978-5057

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 January 21, 2025

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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