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Panama City Market Report

$271,916

AVERAGE PRICE OF 540 HOMES

$127,600

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,569,167

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$295,009

AVERAGE PRICE OF 129 NEWLY BUILT HOMES

$383,570

AVERAGE PRICE OF 68 HOMES WITH A POOL

$296,672

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $271,916
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $129,933
2 bedrooms $192,215
3 bedrooms $234,440
4 bedrooms $326,015
5 bedrooms $359,622
Panama City Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings n/a 724 752 762 743
Average Price n/a $276,932 $279,167 $272,068 $262,183
Avg Price Change n/a -0.81% +2.61% +3.77% -0.69%
Median Price n/a $246,402 $246,734 $243,425 $235,966
Med Price Change n/a -0.13% +1.36% +3.16% +1.56%
Avg Bedrooms n/a 3.36 beds 3.39 beds 3.34 beds 3.31 beds
Avg Bathrooms n/a 2.41 baths 2.41 baths 2.36 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 22 $413,450 73 days
Bay 211 $282,115 95 days
Deane Bozeman 15 $338,913 80 days
Mosley 99 $274,629 90 days
Rutherford 193 $238,035 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 540 $271,916 88 days
Distressed Homes 5 $127,600 169 days
Multi-Million Dollar Homes 6 $1,569,167 110 days
Newly Built Homes 129 $295,009 83 days
Homes with a Pool 68 $383,570 89 days
Reduced Price Homes 11 $296,672 110 days
Scott Ingraham Real Estate Group
Scott Ingraham
9722D Front Beach Road
Panama City Beach, FL 32408
850-249-7355

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 March 1, 2021
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