Premier Estates
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · 114 homes for sale in 32405 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $372,500, a median 62 days on market, sellers accepting 95% of original asking (+12% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $4,570 ($4,090 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32405, 32406, 32413 |
|---|---|
| Homes in the community | 79 (FL DOR 2025 assessment roll) |
| Years built | 1982–2024 (median 1985) |
| Typical living area | 2,354 sq ft (median) |
| Sale prices, last 12 months | $372,500 median across 6 closed sales · +12.0% vs the prior 12 months |
| Days on market (closed sales) | 62 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 76% |
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, “Premier Estates key facts,” movewithmomentum.com/neighborhoods/premier-estates, data as of September 20, 2026.
Premier Estates prices around a median of $372,500, and the spread here is driven mostly by condition and updates rather than lot or location differences. With a median year built of 1985 and homes ranging from 1982 up through 2024 construction, buyers are choosing between original-condition older stock and newer or renovated builds sitting on the same streets, and that gap shows up directly in what sellers ask and what closes.
A median days-on-market just over 75 days and a market heat score of 28 point to a slower-moving, buyer-patient environment rather than a competitive bidding market. Sellers here should price to condition and expect a longer runway to close; buyers get room to negotiate and to have inspections taken seriously rather than waived.
Premier Estates right now
🟢 Still climbing. The trailing-12-month median ($372K) is up 12.0% from the prior 12 months ($332K) and up 106% since 2012. With about 7 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 (6 and 6 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
Nearby homes for sale
No active listings inside Premier EstatesHomes for Sale in Panama City, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Premier Estates market snapshot (as of September 20, 2026): the median sale price is about $372K, and a median 63 days on market for closed sales. The trailing-12-month median is up 12% from the prior 12 months and up 106% since 2012, computed from record-level CPAR MLS closed sales (6 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 7 qualified sales in Premier Estates across 2024–2025 (4 in 2024, 3 in 2025), median $330,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Premier Estates is a community of 79 homes in Panama City, Bay County, built between 1982 and 2024 (median 1985), with a median living area of about 2,354 square feet. 76% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Premier Estates in Panama City (Bay County) is a low-turnover pocket of larger homes, with a median living area of 2,321 square feet and a homestead share near 72%, suggesting most owners are settled in rather than cycling through as rentals or flips.
Who Premier Estates is best for.
Best for
- Buyers seeking a larger home (median living area over 2,300 sqft) without amenity fees baked into the price
- Buyers comfortable evaluating a wide range of build years, from early-1980s to newer construction, on their own timeline
- Sellers with a well-maintained or updated home who can price to stand out in a slow-moving, condition-sensitive market
Probably not for
- Buyers who want resort-style or clubhouse amenities as part of the community package
- Sellers expecting a fast sale in a high-heat, multiple-offer environment
- Investors seeking high transaction volume or frequent turnover to benchmark pricing against
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 ($372K) IS the median in the snapshot above, and the move from 2025 ($332K) IS the +12.0% one-year change.
Windows contain 3 to 12 sales each (6 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.
23% 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 (2026-09-20).
Premier Estates Market Scorecard
Premier Estates is currently a balanced market..
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.
Housing distress & ownership in Premier Estates, 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.
The Premier Estates buying strategy.
If we were buying in Premier Estates 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 Premier Estates.
A market built on condition, not competition
The numbers describe a community with real price momentum over time — up 8.0% year-over-year and 106.0% since 2012 — but very little urgency in the day-to-day market. Only 6 closings in the most recent window against 114 total homes tells you this is a thin market where a single sale can move the read on value, and where comparables matter more than in higher-volume communities.
No community amenities are currently identified from active MLS listings, which means the value proposition here is the homes and lots themselves, not a shared clubhouse or recreation package. Anyone comparing Premier Estates to an amenity-driven community elsewhere in Bay County should factor that in before assuming pricing parity.
The location and the amenities are priced into every listing in Premier Estates. 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 Premier Estates 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 (7.6). Basis: Long-Term Appreciation +106% since 2012; Recent Direction +12.0% year-over-year; Owner Commitment 76% owner-occupied; Pricing Power 95.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume market like Premier Estates, pricing off the wrong comp or misjudging condition-driven value can cost real money in either direction. We track the actual closings here, not just active listings, and we walk buyers and sellers through what the 1982-to-2024 build range really means for a specific address before anyone signs a contract.
Premier Estates in 15 seconds.
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 Premier Estates 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 Premier Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Premier Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Premier Estates home worth?
Get a no-obligation home value based on real comparable sales in Premier Estates, 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 Premier Estates
Homes in Premier Estates 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. 1 on record.
- 208 Cottontail Lane · off market
Frequently Asked Questions
What is the median home price in Premier Estates?
How long do homes in Premier Estates take to sell?
How many homes are in Premier Estates?
What share of Premier Estates is owner-occupied?
When were the homes in Premier Estates built?
Have Premier Estates home prices gone up?
Who is the best real estate agent for Premier Estates?
How do I find a top Panama City real estate agent who knows Premier Estates?
Can Momentum Realty connect me with an agent for Premier Estates?
Where is Premier Estates, and what county is it in?
Is Premier Estates a good place to live?
Should you buy in Premier Estates?
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: September 17, 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 (1 streets, ZIP 32405/32406/32413)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (92 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 →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Premier Estates fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Premier Estates
- Home values · What homes in Premier Estates actually sell for
Nearby Communities
Explore more neighborhoods near Premier Estates with Momentum Realty’s local guides.