Magnolia Hills
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · 302 homes for sale in 32404 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of October 2026, Magnolia Hills in Panama City, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $419,000, a median 22 days on market, sellers accepting 97% of original asking (+21% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,140 ($4,660 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32404 |
|---|---|
| Homes in the community | 92 (FL DOR 2025 assessment roll) |
| Years built | 1959–2023 (median 2017.5) |
| Typical living area | 2,564 sq ft (median) |
| Sale prices, last 12 months | $419,000 median across 8 closed sales · +21.4% vs the prior 12 months |
| Days on market (closed sales) | 22 median |
| For sale right now | 2 active, 0 pending · median asking $250,000 |
| Owner-occupied (homestead) share | 70% |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Magnolia Hills key facts,” movewithmomentum.com/neighborhoods/magnolia-hills, data as of September 20, 2026.
Last 30 days in Magnolia Hills: 1 new listing (median asking $135,000). As of October 2, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Magnolia Hills right now
🟢 Still climbing. The trailing-12-month median ($419K) is up 21.4% from the prior 12 months ($345K) and up 84% since 2012. With about 22 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Medium (8 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Magnolia Hills market snapshot (as of September 20, 2026): the median sale price is about $419K, and a median 23 days on market for closed sales. The trailing-12-month median is up 21% from the prior 12 months and up 84% since 2012, computed from record-level CPAR MLS closed sales (8 closings in the current window).
In ZIP 32404 (Panama City), 1,060 homes closed in the last 12 months at a median of $290K, down 3.3% year over year, with a median 58 days on market. Right now 391 active and 146 pending listings — a balanced market. See the live ZIP 32404 housing market and the Bay County market.
County records show 7 qualified sales in Magnolia Hills across 2024–2025 (5 in 2024, 2 in 2025), median $370,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Magnolia Hills is a community of 92 homes in Panama City, Bay County, built between 1959 and 2023 (median 2017.5), with a median living area of about 2,564 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($419K) IS the median in the snapshot above, and the move from 2025 ($345K) IS the +21.4% one-year change.
Windows contain 6 to 54 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
24% of homes for sale in ZIP 32404 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-02).
Magnolia Hills Market Scorecard
Magnolia Hills is currently a balanced market., a median asking price of $250,000, and homes go under contract in about 117 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Magnolia Hills
Live MLS inventory for Magnolia Hills. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Magnolia Hills listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Magnolia Hills Right Now (2)
All 2 active and pending Magnolia Hills listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3702 Haley Lane, Panama City, Fl 32404 · $135,000 · 3 bd / 2 ba · listed Sep 9, 2026 · listed by The Premier Property Group
- 3927 Alva Thomas Road, Panama City, Fl 32404 · $365,000 · 4 bd / 2 ba · listed Jul 19, 2026 · listed by Coldwell Banker Realty
The Magnolia Hills buying strategy.
If we were buying in Magnolia Hills today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Magnolia Hills.
A closer look at the Magnolia Hills market
Homes in Magnolia Hills trade around a median of $419K, where condition and lot do more to set the final number than the asking price does.
The trailing-12-month median up 21% year over year. Homes that do trade take a median 23 days on market, useful leverage on any listing that has lingered.
The housing stock is 92 homes built between 1959 and 2023, and 70% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Magnolia Hills. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Magnolia Hills buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.9). Basis: Long-Term Appreciation +84% since 2012; Recent Direction +21.4% year-over-year; Owner Commitment 70% owner-occupied; Pricing Power 97.4% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- HOA dues reported around $42/month (about $504/yr) · median of 20 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $42 per month ($504 a year) — the median AssociationFee across 20 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, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Magnolia Hills buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Magnolia Hills sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Hills, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Hills home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Hills, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City →
Recently off market in Magnolia Hills
Homes in Magnolia Hills that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 3201 Lindsey Street · off market
- 3217 Caitlin Street · off market
- 3953 Alva Thomas Road · off market
Frequently Asked Questions
What is the median home price in Magnolia Hills?
How long do homes in Magnolia Hills take to sell?
How many homes are in Magnolia Hills?
What share of Magnolia Hills is owner-occupied?
When were the homes in Magnolia Hills built?
Have Magnolia Hills home prices gone up?
Who is the best real estate agent for Magnolia Hills?
How do I find a top Panama City real estate agent who knows Magnolia Hills?
Can Momentum Realty connect me with an agent for Magnolia Hills?
Where is Magnolia Hills, and what county is it in?
Is Magnolia Hills a good place to live?
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32404)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (320 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Magnolia Hills fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Magnolia Hills
- Home values · What homes in Magnolia Hills actually sell for
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