Panama City Beach, FL
Housing market overview · Updated weekly
$355,000median sale price
Homes sold
85
Last 12 weeks
Days on market
105
Average pace
Active listings
921
10.8 months supply
Sale-to-list
94.3%
Below asking
The Panama City Beach housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have risen 1.0% compared to last year, with homes spending an average of 105 days on market, indicating 10.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Panama City Beach?
The median home sale price in Panama City Beach is $355,000, up 1.0% from last year.
How long do homes stay on market in Panama City Beach?
Homes typically spend 105 days on market before going under contract.
Is Panama City Beach a buyer's or seller's market?
With 10.8 months of supply, Panama City Beach is currently a buyer's market.
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