Northshore
Homes for Sale in Panama City, FL
All 253 homes for sale in Panama City, FL · median $349,900 · 119 homes for sale in 32405 · 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, Northshore in Panama City, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $380,000, a median 23 days on market, sellers accepting 94% of original asking (-38% versus the prior year). Homes listed or recently sold were built 1993–2022; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 10 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $4,670 ($4,180 with the full homestead exemption).
Price in Northshore is driven by the house, not the address. This is a well-established Panama City community with homes built between 1968 and 2022 and a median build year of 1992, so what you pay tracks condition, updates, and square footage more than any single price band. The median living area sits at roughly 2,623 square feet, and the median sale price is $435,000 — but expect a wide spread on either side of that number depending on how much work a given home needs.
The market posture here is cool. A market heat score of 30 and a median of about 29.5 days on market tell you this is not a bidding-war environment. Year-over-year the median is down 35.2%, which means sellers who anchor to last year's expectations will sit; realistic pricing moves. For buyers, the slower pace and negotiating room are the opportunity — you generally have time to inspect, compare, and walk if the numbers do not work.
Northshore right now
🔴 Off the recent peak. The trailing-12-month median ($380K) is down 37.6% from the prior 12 months ($608K) and up 34% since 2012. With about a dozen 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: Low (5 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 16, 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
Northshore market snapshot (as of September 20, 2026): the median sale price is about $380K, and a median 23 days on market for closed sales. The trailing-12-month median is down 38% from the prior 12 months and up 34% since 2012, computed from record-level CPAR MLS closed sales (5 closings in the current window).
In ZIP 32405 (Panama City), 697 homes closed in the last 12 months at a median of $280K, down 6.8% year over year, with a median 56 days on market. Right now 202 active and 86 pending listings — a balanced market. See the live ZIP 32405 housing market and the Bay County market.
County records show 4 qualified sales in Northshore across 2024–2024, median $500,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Northshore is a community of 138 homes in Panama City, Bay County, built between 1990 and 2022 (median 1994.0), with a median living area of about 2,658 square feet. 87% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Northshore is a mature, owner-occupied enclave in Panama City — a homestead share near 88% signals a community held by long-term owners rather than churned by investors, so inventory tends to be genuine move-in-and-stay stock.
The setting & the homes.
Aerial and on-site photos of Northshore. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Northshore
Northshore
NorthshorePhotos from CPAR MLS listings in Northshore; content deemed reliable but not guaranteed.
Who Northshore is best for.
Best for
- Long-hold buyers who want an established neighborhood and plan to stay put
- Buyers with a renovation budget who can turn a dated 1990s-era home into their own
- Buyers who value negotiating leverage over speed and want time to inspect
Probably not for
- Buyers who need amenity-driven community features — none are identified in current listings
- Investors chasing quick turnover in a market with only 8 recent closings and a soft trend
- Buyers who want the certainty of deep, recent comparable-sale data before committing
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 ($380K) IS the median in the snapshot above, and the move from 2025 ($608K) IS the -37.6% one-year change.
Windows contain 4 to 18 sales each (5 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.
17% of homes for sale in ZIP 32405 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 (2026-10-17).
Northshore Market Scorecard
Northshore is currently a balanced market., a median asking price of $465,000, and homes go under contract in about 34 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 Northshore
Live MLS inventory for Northshore. 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 Northshore listings as of 2026-10-14, 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.
Northshore on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap contributors.
The Northshore buying strategy.
If we were buying in Northshore 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 Northshore.
A condition-driven resale market
With homes spanning five-plus decades and a median build year of 1992, Northshore is a renovation-sensitive market. Two houses of similar size can price very differently based on roof age, systems, and whether the interior has been updated. That is why we steer clients toward the single median figure of $435,000 as a reference point and away from thinking in tidy price tiers — the tiers here are really condition tiers.
The recent closings window is thin — 8 sales in the snapshot period across 227 homes — so comps deserve scrutiny rather than blind trust. The year-over-year drop of 35.2% partly reflects that thinness and the mix of what happened to sell. Read individual sales carefully; a small number of transactions can skew the median in either direction.
The location and the amenities are priced into every listing in Northshore. 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 Northshore 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 (4.8). Basis: Long-Term Appreciation +34% since 2012; Recent Direction -37.6% year-over-year; Owner Commitment 87% owner-occupied; Pricing Power 94.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
A market this thin and this condition-sensitive is exactly where a local read pays off. We underwrite each comp by hand, weigh renovation quality against the $435,000 median, and tell you plainly when a listing is priced to last year's market. In a community where a handful of sales move the numbers, that discipline keeps you from overpaying or mispricing.
Northshore in 15 seconds.
What it really costs to own in Northshore
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $7,093/yr across 4 listings here (MLS tax records, 2026-10-16). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1997 across 6 listings. An original roof here would be about 29 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Northshore
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Northshore
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Northshore will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
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 Northshore 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 Northshore sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Northshore, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Northshore home worth?
Get a no-obligation home value based on real comparable sales in Northshore, 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 Northshore
Homes in Northshore 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.
- 1200 Kristanna Drive · off market
- 815 Mallory Drive · off market
- 913 Mallory Drive · off market
| Location | Panama City, Bay County, FL · ZIP 32405, 32444 |
|---|---|
| Homes in the community | 138 (FL DOR 2025 assessment roll) |
| Years built | 1990–2022 (median 1994.0) |
| Typical living area | 2,658 sq ft (median) |
| Sale prices, last 12 months | $380,000 median across 5 closed sales · -37.6% vs the prior 12 months |
| Days on market (closed sales) | 23 median |
| For sale right now | 3 active, 2 pending · median asking $465,000 |
| Owner-occupied (homestead) share | 87% |
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, “Northshore key facts,” movewithmomentum.com/neighborhoods/northshore--bay, data as of September 20, 2026.
Housing distress & ownership in Northshore, Panama City
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. 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.
Every Home for Sale in Northshore Bay Right Now (3)
All 3 active and pending Northshore Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 1006 Kristanna Drive, Panama City, Fl 32405 · $724,900 · 4 bd / 3 ba · pending · listed Sep 16, 2026 · listed by Keller Williams Realty Emerald Coast
- 909 Mallory Drive, Panama City, Fl 32405 · $449,900 · 4 bd / 2 ba · listed Sep 11, 2026 · listed by Coldwell Banker Realty
- 4012 Mary Louise Drive, Panama City, Fl 32405 · $465,000 · 3 bd / 2 ba · pending · listed Jul 16, 2026 · listed by Beach Haven Realty
More Panama City home searches
Recent Developments in Northshore Bay
Development, infrastructure, retail, and school activity affecting Northshore Bay, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
Tyndall Air Force Base rebuild continues with about 140 new facilities
WJHG reports Tyndall AFB is rebuilding with roughly 140 new hurricane-resistant facilities after Hurricane Michael in 2018, and now hosts F-35 squadrons. Most current projects are expected to finish by 2027, while other buildings await congressional funding and the work has faced labor and budget constraints.
What it may mean for the marketContinued base construction and F-35 operations sustain military and contractor employment and construction activity in the eastern Bay County area. The site is about 10 miles southwest of Northshore Bay.
Source: WJHG - August 2026Development
Deal reached to redevelop historic Panama City Grammar School into apartments and townhomes
Panama City reached a deal for developer Zachary Seymour to buy the 1914 Panama City Grammar School on East Seventh Street and convert it to apartments and townhomes. The city would waive about $375,000 in code fines and a $100,000 CRA grant is pending approval. Seymour has one year to finish structural repairs to roofs, windows and doors.
What it may mean for the marketReuse of a vacant historic building would add downtown-area residential units and remove a long-standing vacant property. The project is about 13 miles west of Northshore Bay, elsewhere in Bay County.
Source: WJHG - August 2026Infrastructure
Bay County approves $13.5 million water treatment plant expansion
Bay County commissioners approved a $13.5 million contract with NCMC Construction to add three large sand filters (30 by 50 feet each) to the county water treatment plant, which now runs 11 filters. Construction is expected to start soon and take about a year, and officials say water bills should not rise because of it.
What it may mean for the marketAdded filtration and backup capacity supports water service reliability for a county where demand has more than doubled in 15 years. The project is about 12 miles northwest of Northshore Bay, elsewhere in Bay County.
Source: WJHG - July 2026Civic
Panama City approves 12-month moratorium on AI data centers
Panama City commissioners unanimously approved a 12-month pause on AI data centers in certain areas, following a six-month restriction adopted by Bay County the prior week. The city said it will use the period to study data center operations and revisit how they fit into local zoning and land-use rules.
What it may mean for the marketA temporary pause shapes where data centers can locate while the city reviews zoning and land-use standards. The project is about 14 miles west of Northshore Bay, elsewhere in Bay County.
Source: WJHG News Channel 7 - June 2026Development
Panama City commissioners approve Community Development District for 1,800-home neighborhood
Panama City commissioners approved a Community Development District for a planned neighborhood of about 1,800 homes east of John Pitts Road in north Panama City. Under the CDD, road maintenance within the neighborhood stays with the district rather than transferring to the city.
What it may mean for the marketA new large-scale residential district adds housing supply and internally maintained streets to the north Panama City market. The project is about 11 miles northwest of Northshore Bay, elsewhere in Bay County.
Source: WJHG News Channel 7 - June 2026Infrastructure
Panama City moves downtown marina slip construction to bid, ends City Marina Partners deal
Panama City put the first 50 boat slips at the Downtown Marina out for contractor bids, with construction expected to begin shortly after a contract is awarded and the bid window closing June 16. Commissioners also ended their working relationship with City Marina Partners and budgeted payment for work already completed.
What it may mean for the marketProgress on downtown marina slip construction advances waterfront infrastructure in the Panama City core. The project is about 14 miles west of Northshore Bay, elsewhere in Bay County.
Source: WJHG News Channel 7
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Northshore?
How long do homes in Northshore take to sell?
How many homes are in Northshore?
What share of Northshore is owner-occupied?
When were the homes in Northshore built?
Have Northshore home prices gone up?
Who is the best real estate agent for Northshore?
How do I find a top Panama City real estate agent who knows Northshore?
Can Momentum Realty connect me with an agent for Northshore?
Where is Northshore, and what county is it in?
Is Northshore a good place to live?
Should you buy in Northshore?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 14, 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 32405/32444)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (169 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.
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See how Northshore fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Northshore
- Home values · What homes in Northshore actually sell for
Nearby Communities
Explore more neighborhoods near Northshore with Momentum Realty’s local guides.