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Panama City Beach Market Report

$448,955

AVERAGE PRICE OF 2,269 HOMES

$2,265,689

AVERAGE PRICE OF 84 MULTI-MILLION DOLLAR HOMES

$480,403

AVERAGE PRICE OF 694 NEWLY BUILT HOMES

$464,052

AVERAGE PRICE OF 1,531 HOMES WITH A POOL

$451,917

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $448,955
Avg Bedrooms 2.31 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $287,267
2 bedrooms $381,420
3 bedrooms $456,815
4 bedrooms $725,298
5 bedrooms $1,551,526
Panama City Beach Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 2,078 2,153 2,045 1,978 1,901
Average Price $459,292 $454,545 $458,471 $459,070 $451,368
Avg Price Change +1.04% -0.86% -0.13% +1.71% -0.22%
Median Price $362,967 $357,380 $357,736 $357,368 $353,593
Med Price Change +1.56% -0.10% +0.10% +1.07% -1.11%
Avg Bedrooms 2.21 beds 1.97 beds 2.46 beds 2.44 beds 1.97 beds
Avg Bathrooms 2.32 baths 2.31 baths 2.47 baths 2.47 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 2,251 $462,004 213 days
Bay 3 $289,474 42 days
Not A Local School 1 $449,000 36 days
South Walton 13 $1,347,445 163 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,269 $448,955 153 days
Multi-Million Dollar Homes 84 $2,265,689 194 days
Newly Built Homes 694 $480,403 367 days
Homes with a Pool 1,531 $464,052 171 days
Reduced Price Homes 46 $451,917 87 days
Abbott Realty Services
9657 US Hwy 98
Miramar Beach, FL 32550
850-632-0284
850-803-7653

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 July 8, 2020

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.

IDX information is provided exclusively for consumers’ personal, non-commercial use and 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. Data last updated July 8, 2020
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 July 8, 2020
Copyright© 2020 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.