Summerwood
Homes for Sale in Panama City Beach, FL
All 733 homes for sale in Panama City Beach, FL · median $368,500 · 395 homes for sale in 32407 · 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, Summerwood in Panama City Beach, FL has 4 homes for sale, asking from $419,500 to $489,999 (median $438,000). Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $440,000, a median 71 days on market, sellers accepting 93% of original asking (-6% versus the prior year). Homes listed or recently sold were built 1999–2001; 4 of 4 report an HOA (median $59/mo); none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 32 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,400 ($4,920 with the full homestead exemption).
Last 30 days in Summerwood: 2 new listings (median asking $468,500). As of October 17, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Summerwood
Live MLS inventory for Summerwood. 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 Summerwood listings as of 2026-10-17, 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.
Price here is driven by the home, not the address. Summerwood spans a wide build window from 1979 to 2017, with a median year built around 2000, so what you pay tracks closely to condition, updates, and how much of the original house is left. The median sits at $467,500 on roughly 2,132 square feet, but expect a broad spread on either side of that number depending on how far a given property has been renovated.
The posture right now is patient. A median of 60 days on market and a heat score of 36 tell you this is not a bidding-war neighborhood — sellers who price to condition transact, sellers who price to hope sit. For buyers, that means room to inspect, negotiate, and walk. Year-over-year movement of 1.6% is essentially flat, so nobody should be buying on the expectation of a quick jump.
Summerwood right now
🟡 Off the recent peak. The trailing-12-month median ($440K) is down 6.2% from the prior 12 months ($469K) and up 120% 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: Medium (6 and 11 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 18, 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
Summerwood market snapshot (as of September 20, 2026): the median sale price is about $440K, and a median 71 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months and up 120% since 2012, computed from record-level CPAR MLS closed sales (6 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 23 qualified sales in Summerwood across 2024–2025 (11 in 2024, 12 in 2025), median $452,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Summerwood is a community of 237 homes in Panama City Beach, Bay County, built between 1979 and 2017 (median 2000), with a median living area of about 2,134 square feet. 62% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Summerwood is an established Panama City Beach community of 244 homes with an owner-occupancy share near 62%, which tends to keep turnover measured and inventory decisions deliberate rather than speculative.
The setting & the homes.
Aerial and on-site photos of Summerwood. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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SummerwoodPhotos from CPAR MLS listings in Summerwood; content deemed reliable but not guaranteed.
Who Summerwood is best for.
Best for
- Owner-occupant buyers targeting a mid-$460s home who value stability over speculation
- Buyers willing to renovate and comfortable underwriting a home by its condition
- Long-hold buyers who want an established, low-turnover community
Probably not for
- Investors needing rapid turnover or short marketing times
- Buyers expecting a specific amenity package, since none is identified from current MLS listings
- Anyone counting on a quick jump in value given flat year-over-year movement
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 ($440K) IS the median in the snapshot above, and the move from 2025 ($469K) IS the -6.2% one-year change.
Windows contain 3 to 23 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.
14% of homes for sale in ZIP 32413 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 (2026-10-18).
Summerwood Market Scorecard
Summerwood is currently a balanced market., a median asking price of $429,000, and homes go under contract in about 51 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.
Summerwood 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 Summerwood buying strategy.
If we were buying in Summerwood 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 Summerwood.
A condition-driven resale market
With homes built across nearly four decades and a median vintage around 2000, the housing stock is mixed by design. Some properties have been carried through updates; others are closer to original. That variety is why the single median figure of $467,500 only tells part of the story — two homes of similar size can land far apart based on roof, systems, kitchens, and finishes. Underwrite the specific house, not the neighborhood average.
The 60-day median days-on-market and modest 8-closing window mean data moves slowly here, so recent comparable sales carry real weight and stale pricing shows up quickly. The long-run gain of 129% since 2012 reflects the arc of this cycle, not a promise about the next one; treat it as history, not a forecast.
The location and the amenities are priced into every listing in Summerwood. 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 Summerwood 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 (5.9). Basis: Long-Term Appreciation +120% since 2012; Recent Direction -6.2% year-over-year; Owner Commitment 62% owner-occupied; Pricing Power 92.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market where a single median hides a wide condition-driven spread, our value is separating a fair price from an optimistic one on the exact home in front of you. With a thin closing window and 60-day marketing times, we lean on tight comps and inspection strategy so buyers do not overpay for finishes and sellers do not chase the market down.
Summerwood in 15 seconds.
What it really costs to own in Summerwood
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 $4,497/yr across 6 listings here (MLS tax records, 2026-10-18). |
|---|---|
| HOA dues | Median $59/month across 201 MLS listings (most billed quarterly; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| 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 2000 across 8 listings. An original roof here would be about 26 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. |
Estimated carrying cost at the median asking price, before the mortgage: about $594/month (tax $375, HOA $59, insurance $161). An estimate from the sources above, not a quote.
Email me new listings in Summerwood
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 Summerwood
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Summerwood will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $59/month (about $708/yr) · median of 201 MLS listings, most billed quarterly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $59 per month ($708 a year) — the median AssociationFee across 201 MLS records, normalised to a monthly figure; most are billed quarterly. 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 Summerwood 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 Summerwood sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Summerwood, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Summerwood home worth?
Get a no-obligation home value based on real comparable sales in Summerwood, 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 Beach →
Recently off market in Summerwood
Homes in Summerwood 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. 2 on record.
- 104 Sandalwood Lane · off market
- 307 Summerwood Drive · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408, 32413 |
|---|---|
| Homes in the community | 237 (FL DOR 2025 assessment roll) |
| Years built | 1979–2017 (median 2000) |
| Typical living area | 2,134 sq ft (median) |
| Sale prices, last 12 months | $440,000 median across 6 closed sales · -6.2% vs the prior 12 months |
| Days on market (closed sales) | 71 median |
| For sale right now | 3 active, 1 pending · median asking $429,000 |
| Owner-occupied (homestead) share | 62% |
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, “Summerwood key facts,” movewithmomentum.com/neighborhoods/summerwood--bay, data as of September 20, 2026.
Housing distress & ownership in Summerwood, Panama City Beach
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.
Just listed in Summerwood
The newest homes for sale in Summerwood right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 214 Summerwood Drive, Panama City Beach, FL 32413 $489,999 · 3 bd · 2 ba · 14 days on market Courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida
- 315 Summerwood Drive, Panama City Beach, FL 32413 $447,000 · 3 bd · 2 ba · 20 days on market Courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida
- 119 Summerwood Drive, Panama City Beach, FL 32413 $429,000 · 3 bd · 2 ba · 51 days on market Courtesy of Keller Williams Success Realty
- 334 Summerwood Drive, Panama City Beach, FL 32413 $419,500 · 3 bd · 3 ba · 59 days on market Courtesy of Coastal Palms Real Estate
Checked against the MLS Oct 18, 2026. All new listings in this market.
More Panama City Beach home searches
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- Panama City Beach home values: what is my house worth?
- ZIP 32407 housing scorecard
- 3 coming-soon communities in Bay County
Frequently Asked Questions
What is the median home price in Summerwood?
How long do homes in Summerwood take to sell?
How many homes are in Summerwood?
What share of Summerwood is owner-occupied?
When were the homes in Summerwood built?
Have Summerwood home prices gone up?
Who is the best real estate agent for Summerwood?
How do I find a top Panama City Beach real estate agent who knows Summerwood?
Can Momentum Realty connect me with an agent for Summerwood?
Where is Summerwood, and what county is it in?
Is Summerwood a good place to live?
Should you buy in Summerwood?
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 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 (5 streets, ZIP 32407/32408/32413)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (176 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 Summerwood fits the bigger picture — live prices, inventory, and Momentum Scores:
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More on Summerwood
- Home values · What homes in Summerwood actually sell for