Bay Point
Homes for Sale in Panama City Beach, FL

Bay Point market snapshot (as of September 20, 2026): the median sale price is about $650K, and a median 74 days on market for closed sales. The trailing-12-month median is down 3% from the prior 12 months and up 97% since 2012, computed from record-level CPAR MLS closed sales (43 closings in the current window).

In ZIP 32407 (Panama City Beach), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 housing market and the Bay County market.

County records show 56 qualified sales in Bay Point across 2024–2025 (40 in 2024, 16 in 2025), median $669,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Bay Point: of 13 listing addresses checked against the FEMA National Flood Hazard Layer, 77% sit outside the FEMA Special Flood Hazard Area (Zone X); 23% are in an A-series high-risk zone where flood insurance is required with a federally backed mortgage. Individual parcels vary — verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.

Bay Point is a community of 668 homes in Panama City Beach, Bay County, built between 1970 and 2024 (median 1987), with a median living area of about 2,652 square feet. 52% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Bay Point is a substantial community of just over 1,000 homes in Panama City Beach, with roughly half owner-occupied on a homestead basis and the balance in non-homestead hands — a signal of the seasonal, second-home character common to this stretch of Bay County.

The gap between 1952 and 2024 construction is the whole story here. Two homes with the same median footprint can price very differently depending on whether they've been taken back to the studs or left largely original. Because the only reliable figure is the median at $642,500, treat that as a center of gravity rather than a starting point — the actual spread is wide, and due diligence on age, systems, and renovation history matters more than in a uniform subdivision.

Momentum has counted no community amenities from current MLS listings, so buyers drawn here are buying the home and the location rather than a package of shared facilities. That, combined with a homestead share near half, points to a market where a meaningful slice of inventory is held as non-primary use — worth understanding when you gauge how motivated a given seller may be.

In a slow, condition-driven market like Bay Point, the value is in reading each individual house against a wide age range and a soft price trend. We help buyers separate a fair price from an optimistic one, and we help sellers set expectations for a listing window that currently runs past two months.

Listings in this community report association dues of about $138 per month ($1,656 a year) — the median AssociationFee across 454 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.