Panama City Beach, FL Home Values & Market Trends
Real estate market trends reflect that there have been 2,646 transactions over the past year in Panama City Beach. The median value for residential home transactions that occurred over the previous year is $450,687.1. The number of current listings in Panama City Beach is 684, and the percentage of properties for sale in the city is 684.00%. Panama City Beach, FL currently has 130 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 684 properties for sale.
Panama City Beach, FL Real Estate Market Overview
Housing Market Summary for Panama City Beach, FL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $452.4K | $449.8K | -0.59% |
| Median Sold Price | $456.7K | $449.8K | -1.51% |
| Homes For Sale | 488 | 669 | 37.09% |
| Homes Sold | 1,522 | 1,319 | -13.34% |
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
Explore recent offers and recently sold homes in Panama City Beach, FL
Browse Homes in Panama City Beach, FL
Panama City Beach home values range from $27,771 to $12,900,000. The median estimated value of a home in Panama City Beach is $450,687.1. The median list price of a home is 449,900, and the total count of properties in the city is 40,267.
- Pre-ForeclosurePre-foreclosure homes account for 0.31% of all residential properties in Panama City Beach, FL with 32413 containing 38 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Panama City Beach, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,215,299 in 32407 to the lowest home value of $179,135 in 32413.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Panama City Beach, FL ranges from the highest value of $0 in 32407 to the lowest value of $0 in 32413. Bank owned homes and properties account for 0.00% of properties in Panama City Beach, FL. There are 2 zips within Panama City Beach, FL; 32413 containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions32407 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Panama City Beach, FL. Auction homes and other auction properties account for 0.01% of all properties in Panama City Beach, FL. There are 2 zips within Panama City Beach, FL; of those zips, the median estimated home value for homes going to auction ranges from $272,078 in 32413 to the lowest value of $272,078 in 32413.
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More Real Estate Resources for Panama City Beach, FL
Guide for Panama City Beach, FL
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