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Homes for Sale Under 500K in Panama City Beach, FL

1,028 Homes for Sale

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Showing 85 - 126 of 1,028 homes for sale in Panama City Beach, FL

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Panama City Beach, FL Housing Market Overview

Panama City Beach is a buyer's market right now. Homes are sitting on the market for 90 days on average. With 13 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

Status

Buyer's Market

Days on Market

90

Inventory

931

Oct 2021Jul 2024Oct 2026

Median Home Price

$365,000Up 2.82%

In Oct 2026 · YoY

Oct 2021Jul 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.24%Down 0.08%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
931 Up 31.87%
Newly Listed Homes
570 Up 9.40%
Months of Supply
13 Up 62.50%

Housing Demand

Homes Sold
215 Down 18.87%
Sale-to-List Ratio
95.6% Up 0.52%
Homes Sold Above List
5.6% Up 112.50%

30-yr fixed rate 7.24% · Data as of Oct 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 Nov 4, 2026, 11:00 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. ©2026 Bay Central Panhandle Association of REALTORS®
  • mls-img
    Based on information from the Pensacola Association of REALTORS (alternatively, from the Pensacola MLS) through (date). This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Multiple Listing Service of the Pensacola Association of REALTORS®. All Rights Reserved.
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Homes Available icon

1,028

Homes Available

Median List Price icon

$ 365,000

Median List Price

Avg on Market icon

90 Days

Avg on Market