Panama City Beach, FL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Panama City Beach, FL is $355,000, up 1.0% year-over-year. Homes sell in an average of 105 days with 921 active listings. The market is currently a buyer's market.
$355,000median sale price
Is Panama City Beach a buyer's or seller's market?
Panama City Beach, FL is currently a buyer's market, based on 10.8 months of supply and homes selling in about 105 days. How we determine this →
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
Panama City Beach, FL market data
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Median list price | $457,042 |
| Year-over-year price change | +1.0% |
| Average days on market | 105 days |
| Active inventory | 921 listings |
| Months of supply | 10.8 months |
| Sale-to-list price ratio | 94.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
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
Homes for sale in Panama City Beach
There are currently 921 homes listed for sale in Panama City Beach, Florida. The median listing price is $457K.
Active listings
921
Homes on market
Median list price
$457K
Avg. days on market
105
Days until sale
New this week
198
Newly listed
Top public schools in Panama City Beach
7 schools tracked · 5,505 students
The largest public schools serving Panama City Beach, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
J.R. ARNOLD HIGH SCHOOL
Grades 9-12 · 1,637 students
BREAKFAST POINT ACADEMY
Grades PK-8 · 1,044 students
SURFSIDE MIDDLE SCHOOL
Grades PK-12 · 825 students
PATRONIS ELEMENTARY SCHOOL
Grades K-5 · 634 students
HUTCHISON BEACH ELEMENTARY SCHOOL
Grades K-5 · 585 students
A. GARY WALSINGHAM ACADEMY
Grades PK-4 · 423 students
WEST BAY ELEMENTARY SCHOOL
Grades K-5 · 357 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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