Condos for Sale in Panama City Beach, FL

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Panama City Beach, FL Housing Market Overview

Panama City Beach's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 2.12-month supply of homes and an average of 83 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

83

Inventory

868

Jul 2021Dec 2023Jul 2026

Median Home Price

$448,092Up 1.84%

In Jul 2026 · YoY

Jul 2021Dec 2023Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
868 Down 5.63%
Newly Listed Homes
299 Down 1.32%
Months of Supply
2.1 Down 31.09%

Housing Demand

Homes Sold
608 Up 36.94%
Sale-to-List Ratio
95.7% Up 0.55%
Homes Sold Above List
5.2% Up 202.94%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Panama City Beach Market Report
  • mls-imgIDX Logo
    Based on information from Central Panhandle Association of REALTORS® MLS through Aug 31, 2026, 3:45 PM. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2024 Bay Central Panhandle Association of REALTORS®

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Panama City Beach, FL Housing Marketlink qauare
Homes Available icon

868

Homes Available

Median List Price icon

$ 448,092

Median List Price

Avg on Market icon

83 Days

Avg on Market

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