Panama City Beach Market Report

$521,043

AVERAGE PRICE OF 621 HOMES

$2,283,497

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$477,282

AVERAGE PRICE OF 284 NEWLY BUILT HOMES

$495,720

AVERAGE PRICE OF 543 HOMES WITH A POOL

$917,983

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $521,043
Avg Bedrooms 2.53 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $293,940
2 bedrooms $325,817
3 bedrooms $510,929
4 bedrooms $978,910
5 bedrooms $1,637,919
Panama City Beach Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 617 581 554 538 553
Average Price $522,804 $523,155 $507,363 $502,106 $487,120
Avg Price Change -0.07% +3.11% +1.05% +3.08% -8.26%
Median Price $375,265 $375,751 $379,886 $374,967 $358,670
Med Price Change -0.13% -1.10% +1.31% +4.54% +1.54%
Avg Bedrooms 2.54 beds 2.53 beds 2.51 beds 2.49 beds 2.48 beds
Avg Bathrooms 2.59 baths 2.59 baths 2.57 baths 2.58 baths 2.58 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 607 $499,022 169 days
Bay 1 $459,900 56 days
South Walton 12 $1,646,026 175 days
St. Joe 1 $449,000 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 621 $521,043 169 days
Multi-Million Dollar Homes 38 $2,283,497 139 days
Newly Built Homes 284 $477,282 222 days
Homes with a Pool 543 $495,720 175 days
Reduced Price Homes 6 $917,983 126 days
Mary Grace Stubbs
1701 East County Hwy 30A Suite 101
Santa Rosa Beach, FL 32459

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 21, 2019

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.