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Panama City Beach

Why you'd want to live in Panama City Beach

Panama City Beach, with its lively and vibrant culture, offers a more dynamic and active environment. Known for its iconic beaches, Panama City Beach is famous for its emerald waters and wide stretches of soft sand, attracting beachgoers from all over. The area is filled with a range of activities for all ages, from amusement parks and water sports to a thriving nightlife. For those who enjoy a more energetic lifestyle, Panama City Beach offers a wide variety of events, festivals, and entertainment options throughout the year. Despite its lively atmosphere, the community is diverse, offering quieter residential areas and a more peaceful way of life for those who prefer to relax while still being close to the excitement of the beach.

Panama City Beach Market Report

$824,103

AVERAGE PRICE OF 603 HOMES

$2,546,503

AVERAGE PRICE OF 88 MULTI-MILLION DOLLAR HOMES

$1,385,573

AVERAGE PRICE OF 71 NEWLY BUILT HOMES

$879,389

AVERAGE PRICE OF 465 HOMES WITH A POOL

$829,716

AVERAGE PRICE OF 34 REDUCED PRICE HOMES

Average Home

Average Price $824,103
Avg Bedrooms 2.78 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $380,697
2 bedrooms $496,770
3 bedrooms $715,295
4 bedrooms $984,076
5 bedrooms $2,624,897
Panama City Beach Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 577 537 568 598 646
Average Price $792,703 $785,881 $851,341 $858,320 $874,394
Avg Price Change +0.87% -8.33% -0.82% -1.87% +0.33%
Median Price $556,916 $559,850 $560,750 $556,111 $557,461
Med Price Change -0.53% -0.16% +0.83% -0.24% -0.23%
Avg Bedrooms 2.77 beds 2.77 beds 2.8 beds 2.82 beds 2.84 beds
Avg Bathrooms 2.73 baths 2.69 baths 2.78 baths 2.79 baths 2.82 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 594 $827,171 124 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 603 $824,103 125 days
Multi-Million Dollar Homes 88 $2,546,503 153 days
Newly Built Homes 71 $1,385,573 131 days
Homes with a Pool 465 $879,389 129 days
Reduced Price Homes 34 $829,716 121 days
Realty One Group Emerald Coast
Jody Jurczak Carr
5399 E County Hwy 30A
Santa Rosa Beach, FL 32459
239-851-1060

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 15, 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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