St. Andrews Bay Dev. Co.
Homes for Sale in Panama City, FL
All 258 homes for sale in Panama City, FL · median $349,600 · 124 homes for sale in 32401 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of September 2026, St. Andrews Bay Dev. Co. in Panama City, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $265,000, a median 104 days on market, sellers accepting 99% of original asking (+92% versus the prior year). Homes listed or recently sold were built 1944–2023; 1 of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 34 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,250 ($2,770 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32401, 32404, 32405, 32409 and more |
|---|---|
| Sale prices, last 12 months | $265,000 median across 3 closed sales · +92.0% vs the prior 12 months |
| Days on market (closed sales) | 104 median |
| For sale right now | 3 active, 0 pending · median asking $284,000 |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “St. Andrews Bay Dev. Co. key facts,” movewithmomentum.com/neighborhoods/st-andrews-bay-dev-co, data as of September 20, 2026.
Homes For Sale Right Now in St. Andrews Bay Dev. Co.
Live MLS inventory for St. Andrews Bay Dev. Co.. 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 St. Andrews Bay Dev. Co. listings as of 2026-09-26, 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 St Andrews Bay Dev Co Right Now (3)
All 3 active and pending St Andrews Bay Dev Co listings with a detail page, newest first, refreshed twice a day from the MLS.
- 112 Marin Drive, Panama City, Fl 32405 · $284,000 · 2 bd / 2 ba · listed Aug 7, 2026 · listed by CENTURY 21 Commander Realty
- 2417 Kirkwell Avenue, Lynn Haven, Fl 32444 · $409,500 · 4 bd / 2 ba · listed Jun 27, 2026 · listed by Think Real Estate
- 1720 Sherman Avenue, Panama City, Fl 32405 · $233,700 · 3 bd / 2 ba · listed Jun 27, 2026 · listed by Hitchcock Real Estate LLC
St. Andrews Bay Dev. Co. is an older, established slice of Panama City housing stock — the median build year sits at 1975, with homes spanning a build range back to 1900 and as recent as 2024. That age spread means condition, not square footage, is doing most of the pricing work here. Two homes with the same 1,627-square-foot median size can land in very different price brackets depending on whether the roof, electrical, and kitchen have been touched since the Carter administration.
At a market heat score of 54, this is a balanced market, not a bidding-war market. Median days on market of 80 gives buyers real room to inspect, negotiate, and walk if the numbers do not work — and it tells sellers that pricing a home realistically at the outset matters more than chasing last quarter's comp. The 16.4% year-over-year gain and the 119% climb since 2012 show sustained demand, but the pace of individual sales says this is a market that rewards patience over urgency on both sides of the table.
St. Andrews Bay Dev. Co. right now
🟢 Still climbing. The trailing-12-month median ($265K) is up 92.0% from the prior 12 months ($138K) and up 231% since 2012. With about 4 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 (3 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 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
St. Andrews Bay Dev. Co. market snapshot (as of September 20, 2026): the median sale price is about $265K, and a median 104 days on market for closed sales. The trailing-12-month median is up 92% from the prior 12 months and up 231% since 2012, computed from record-level CPAR MLS closed sales (3 closings in the current window).
In ZIP 32401 (Panama City), 337 homes closed in the last 12 months at a median of $307K, up 0.5% year over year, with a median 62 days on market. Right now 166 active and 29 pending listings — a buyer's market. See the live ZIP 32401 housing market and the Bay County market.
CPAR sales records identify 11 homes in St. Andrews Bay Dev. Co. that have changed hands, built between 1944 and 2023 (median 2004), with a median living area of about 1,800 sq ft and a typical 3-bedroom, 2-bath layout. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
St. Andrews Bay Dev. Co. is a long-established Panama City community of 975 homes with a build history stretching from 1900 to 2024, putting condition and updates front and center in any pricing conversation.
The setting & the homes.
Aerial and on-site photos of St. Andrews Bay Dev. Co.. Swipe to explore the community.
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St. Andrews Bay Dev. Co.
St. Andrews Bay Dev. Co.
St. Andrews Bay Dev. Co.Photos from CPAR MLS listings in St. Andrews Bay Dev. Co.; content deemed reliable but not guaranteed.
Who St. Andrews Bay Dev. Co. is best for.
Best for
- Buyers willing to budget for updates on an older home in exchange for established-neighborhood value.
- Buyers targeting a home near the $212,500 median who have flexibility on condition and finish level.
- Buyers who want negotiating time and are not competing against a fast-moving bidding cycle.
Probably not for
- Buyers who need a turnkey, recently built home with no renovation risk.
- Buyers who expect built-in community amenities like a pool or clubhouse as part of the purchase.
- Buyers who need certainty on a fast, predictable close given the 80-day median market cycle.
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 ($265K) IS the median in the snapshot above, and the move from 2025 ($138K) IS the +92.0% one-year change.
Windows contain 1 to 8 sales each (3 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.
21% 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 (2026-09-28).
St. Andrews Bay Dev. Co. Market Scorecard
St. Andrews Bay Dev. Co. is currently a balanced market., a median asking price of $284,000, and homes go under contract in about 174 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.
Housing distress & ownership in St. Andrews Bay Dev. Co., 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.
St. Andrews Bay Dev. Co. 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, tiles © CARTO.
The St. Andrews Bay Dev. Co. buying strategy.
If we were buying in St. Andrews Bay Dev. Co. 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 St. Andrews Bay Dev. Co..
A market built on condition, not comps
With a median year built of 1975 and homes on the roll dating to 1900, this is not a cookie-cutter subdivision where every listing tracks the same finish level. Buyers should expect the median price of $212,500 to represent a wide range of actual conditions — a renovated bungalow and an untouched original can both land near that number for very different reasons. That makes a line-by-line inspection and an honest scope-of-work estimate more useful here than a simple price-per-square-foot comparison.
The 52.8% homestead share indicates a meaningful mix of owner-occupied homes alongside non-homestead ownership, which typically means a blend of long-held properties and turnover-ready inventory entering the market at different points in the renovation cycle. Current MLS listings show no identified community amenities, so any pool, clubhouse, or shared space claims should be verified property by property rather than assumed as a neighborhood standard.
The location and the amenities are priced into every listing in St. Andrews Bay Dev. Co.. 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 St. Andrews Bay Dev. Co. 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 3 factors (9.7). Basis: Long-Term Appreciation +231% since 2012; Recent Direction +92.0% year-over-year; Pricing Power 98.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market where two homes on the same street can carry very different condition profiles, we pull the permit history, recent comps, and renovation scope before you write an offer — not after. With a median 80-day market cycle, we also know when a longer listing signals a pricing problem versus a property that simply needs the right buyer to find it.
St. Andrews Bay Dev. Co. in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $60/month (about $720/yr) · median of 17 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $60 per month ($720 a year) — the median AssociationFee across 17 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.
Tools for a St. Andrews Bay Dev. Co. 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 St. Andrews Bay Dev. Co. sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in St. Andrews Bay Dev. Co., the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your St. Andrews Bay Dev. Co. home worth?
Get a no-obligation home value based on real comparable sales in St. Andrews Bay Dev. Co., not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in St. Andrews Bay Dev. Co.?
How long do homes in St. Andrews Bay Dev. Co. take to sell?
Have St. Andrews Bay Dev. Co. home prices gone up?
Who is the best real estate agent for St. Andrews Bay Dev. Co.?
How do I find a top Panama City real estate agent who knows St. Andrews Bay Dev. Co.?
Can Momentum Realty connect me with an agent for St. Andrews Bay Dev. Co.?
Where is St. Andrews Bay Dev. Co., and what county is it in?
Should you buy in St. Andrews Bay Dev. Co.?
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 26, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (56 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?
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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 St. Andrews Bay Dev. Co. fits the bigger picture — live prices, inventory, and Momentum Scores:
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