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County Overview

Bay County, FL

Aggregate real estate market report across county ZIPs
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Bay County, FL real estate market currently shows 3,387 active listings, with 616 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has increased compared to last year, with 142 more homes available — giving buyers more choice.

Homes are selling faster, averaging 74 days on market compared to 78 days last year.

The median listing price has fallen 7% year-over-year, from $429,950 to $399,900.

Whether you are buying or selling in Bay County, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 181,139  ·  Density: 408.1/mi²  ·  Median household income: $66,891

Typical home value: $242,672  ·  Homeownership: 68.9%

Included Areas

Panama City: 32401, 32403, 32406, 32408, 32409, 32411, 32412, 32417

Harrison Place: 32402, 32405

Fountain: 32438

Timbers Crossing: 32444

Mexico Beach: 32410

Callaway: 32404

Breakfast Point: 32407

Panama City Beach: 32413

Youngstown: 32466

Area Map

Market Overview

Active Listings
3,387
⇧ 4.4% vs 3,245 last year
Pending
616
18% pending ratio
Median Price
$399,900
⇩ 7% vs $429,950 last year
Average Price
$580,962
⇩ 1% vs $586,989 last year
Days on Market
74
⇩ 5.1% vs 78 days last year

Price Per Square Foot

Median $/sqft
$309
⇩ 5.2% vs $326/sqft last year
Median Home Size
1,422 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇩ 13.1% vs 0.2% last year
Price Increased
0%
⇧ 102.5%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %