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Panama City Beach Market Report

$466,839

AVERAGE PRICE OF 1,834 HOMES

$2,320,127

AVERAGE PRICE OF 78 MULTI-MILLION DOLLAR HOMES

$510,476

AVERAGE PRICE OF 480 NEWLY BUILT HOMES

$486,009

AVERAGE PRICE OF 1,218 HOMES WITH A POOL

$396,110

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $466,839
Avg Bedrooms 2.34 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

1 bedroom $283,582
2 bedrooms $385,188
3 bedrooms $452,016
4 bedrooms $727,586
5 bedrooms $1,556,669
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 1,818 $469,674 208 days
Bay 2 $376,998 71 days
Not A Local School 1 $449,000 33 days
South Walton 12 $1,432,445 186 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,834 $466,839 149 days
Multi-Million Dollar Homes 78 $2,320,127 196 days
Newly Built Homes 480 $510,476 386 days
Homes with a Pool 1,218 $486,009 168 days
Reduced Price Homes 43 $396,110 102 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 5, 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 5, 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 5, 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.