Bay County, FL Home Values & Market Trends
The median home price in Bay County, FL is $335,220.8. There were 5,083 home sales in Bay County, FL over the past 12 months. The median residential Bay County, FL home value for transactions over the previous year is $329,406.835. The number of current listings in Bay County, FL is 1,127, and the percentage of properties for sale is 1127.00%. The county has 539 foreclosures, 14 bank owned properties, 27 headed for auction, and 1,127 properties for sale.
Bay County, FL Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Panama City Beach | $ 451,942 $ 352/sqft | Youngstown | $ 220,000 $ 139/sqft |
Panama City | $ 295,250 $ 174/sqft | Fountain | $ 269,274 $ 167/sqft |
Lynn Haven | $ 351,900 $ 185/sqft |
Housing Market Summary for Bay County, FL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $386K | $355.1K | -8.00% |
Median Sold Price | $360.2K | $355.1K | -1.41% |
Homes For Sale | 854 | 1,056 | 23.65% |
Homes Sold | 3,110 | 2,681 | -13.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Bay County, FL
Bay County, FL home values range from $18,857 to $12,900,000. Panama City Beach is the priciest city with a median listing home price of $449,900, and Fountain is most affordable with average house prices of around $145,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.55% of all residential properties in Bay County, FL with Panama City containing 255 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 5 cities within Bay County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,264,094 in Panama City Beach to the lowest home value of $37,077 in Panama City.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Bay County, FL ranges from the highest value of $271,300 in Panama City Beach to the lowest value of $50,659 in Lynn Haven. Bank owned homes and properties account for 0.02% of properties in Bay County, FL. There are 5 cities within Bay County, FL; Panama City containing 6 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPanama City has 19 auction properties, the highest number of properties going to auction in a single city in the state of Bay County, FL. Auction homes and other auction properties account for 0.03% of all properties in Bay County, FL. There are 5 cities within Bay County, FL; of those cities, the median estimated home value for homes going to auction ranges from $354,248 in Lynn Haven to the lowest value of $106,948 in Lynn Haven.
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Guide for Bay County, FL
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