Panama City Beach, FL housing market
What's happening in the Panama City Beach market right now.
Buyer's or seller's market?
Panama City Beach, FL leans toward a buyer's market: homes in Bay County take a median of 98 days to sell, and the number for sale is −3.8% on a year ago. Buyers have room to negotiate; sellers should price carefully.
12-month outlook
−3% to +1% for the typical Panama City Beach home value over the next 12 months.
A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.
Sources: Zillow Home Value Index, August 2026 · Zillow Observed Rent Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Bay County as a whole.
Panama City Beach market — questions answered
What is the typical home value in Panama City Beach, FL?
$414,475 as of August 2026, −1.4% on a year earlier (Zillow Home Value Index).
Are home prices going up in Panama City Beach, FL?
No — the typical home value changed −1.4% over the year to August 2026 and +12% over five years.
Is Panama City Beach, FL a buyer's or seller's market?
It leans toward buyers: the median home in Bay County sells in 98 days (Realtor.com, August 2026).
How much is rent in Panama City Beach, FL?
The typical rent is $1,748 a month as of August 2026, +1.8% on a year earlier (Zillow Observed Rent Index).
How many homes are for sale in Panama City Beach, FL?
2,861 homes were listed for sale across Bay County in August 2026 (Realtor.com).
Who are the best real estate agents in Panama City Beach, FL?
Homegrity lists 2,399 licensed Panama City Beach agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/panama-city-beach.