The Woods
Homes for Sale in Panama City, FL
All 258 homes for sale in Panama City, FL · median $349,600 · 122 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 September 2026, The Woods in Panama City, FL has 4 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $567,500, a median 166 days on market, sellers accepting 94% of original asking (+0% versus the prior year). Homes listed or recently sold were built 1992–1998. At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $6,970 ($6,480 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32405 |
|---|---|
| Homes in the community | 31 (FL DOR 2025 assessment roll) |
| Years built | 1997–2015 (median 1998) |
| Typical living area | 3,129 sq ft (median) |
| Sale prices, last 12 months | $567,500 median across 4 closed sales · +0.4% vs the prior 12 months |
| Days on market (closed sales) | 166 median |
| For sale right now | 4 active, 0 pending · median asking $603,000 |
| Owner-occupied (homestead) share | 81% |
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, “The Woods key facts,” movewithmomentum.com/neighborhoods/the-woods--bay, data as of September 20, 2026.
Last 30 days in The Woods: 2 new listings (median asking $648,500). As of September 26, 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 The Woods
Live MLS inventory for The Woods. 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 The Woods 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 The Woods Bay Right Now (3)
All 3 active and pending The Woods Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 2604 Bayleaf Court, Panama City, Fl 32405 · $647,000 · 4 bd / 3 ba · listed Sep 14, 2026 · listed by Hitchcock Real Estate LLC
- 305 Wood Trail, Panama City, Fl 32405 · $650,000 · 4 bd / 3 ba · listed Sep 12, 2026 · listed by Think Real Estate
- 2513 Parkwood Drive, Panama City, Fl 32405 · $459,000 · 3 bd / 2 ba · listed Jun 27, 2026 · listed by McKenzie Real Estate
The Woods trades on space and age of construction more than anything else. With a median living area above 3,100 square feet and a build era running from the early 1990s into the early 2020s, pricing here reflects lot size, condition, and how much a given home has been updated since its original construction, not a uniform new-build premium.
A median of 124 days on market and a market heat score of 32 point to a slower-moving, buyer-negotiated environment rather than a competitive bidding market. Combined with pricing down slightly year over year, sellers should expect longer marketing time and price flexibility, while buyers have room to negotiate on terms and timeline.
The Woods right now
🟡 Still climbing. The trailing-12-month median ($568K) is up 0.4% from the prior 12 months ($565K) and up 82% 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 (4 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 27, 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
The Woods market snapshot (as of September 20, 2026): the median sale price is about $568K, and a median 166 days on market for closed sales. The trailing-12-month median is up 0% from the prior 12 months and up 82% since 2012, computed from record-level CPAR MLS closed sales (4 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.
The Woods is a community of 31 homes in Panama City, Bay County, built between 1997 and 2015 (median 1998), with a median living area of about 3,129 square feet. 81% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The Woods is a low-turnover, larger-footprint community in Panama City where homes built from the early 1990s through the early 2020s sit on a wide range of lot and floor plan sizes, with a median living area over 3,100 square feet setting it apart from smaller-format neighborhoods nearby.
The setting & the homes.
Aerial and on-site photos of The Woods. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
The Woods
The Woods
The WoodsPhotos from CPAR MLS listings in The Woods; content deemed reliable but not guaranteed.
Who The Woods is best for.
Best for
- Buyers who want a larger living area, above 3,000 square feet, and are comfortable evaluating condition on a case-by-case basis.
- Buyers planning a longer-term hold who are not deterred by a slower, 124-day median marketing period.
- Sellers with an updated or well-maintained home who can price competitively against a wide condition spread in the same median range.
Probably not for
- Buyers who need on-site community amenities, since none are currently identified from MLS listings in The Woods.
- Sellers expecting a fast sale, given the current 124-day median days-on-market figure.
- Buyers focused strictly on new or near-new construction, given the median build year of 1994.
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 ($568K) IS the median in the snapshot above, and the move from 2025 ($565K) IS the +0.4% one-year change.
Windows contain 1 to 7 sales each (4 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.
20% 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 (2026-09-27).
The Woods Market Scorecard
The Woods is currently a balanced market., a median asking price of $603,000, and homes go under contract in about 7 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 The Woods, 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 Woods 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 The Woods buying strategy.
If we were buying in The Woods 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 The Woods.
A community built on size and stability
The 108 homes that make up The Woods were built between 1991 and 2022, with a median construction year of 1994. That spread means the neighborhood carries a mix of original-condition homes and more recently constructed or renovated properties, which is a major driver of the current median price of $565,000. Buyers should expect a wide range of interior condition and updates within that single price point rather than a uniform product.
A homestead share of 88.2% signals a community where most owners are in long-term occupancy rather than cycling through as rental or investment stock, which helps explain the modest five-listing closing window and the longer, 124-day median time on market. Turnover here is infrequent, so inventory tends to move at its own pace rather than in response to broader market pressure.
The location and the amenities are priced into every listing in The Woods. 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 The Woods 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 (6.6). Basis: Long-Term Appreciation +82% since 2012; Recent Direction +0.4% year-over-year; Owner Commitment 81% owner-occupied; Pricing Power 93.6% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community with infrequent turnover and a wide range of home ages and conditions, pricing a listing or evaluating an offer takes more than a surface-level comparison. We track how The Woods is actually performing, listing by listing, so sellers price to the current 124-day market reality and buyers understand what the median price of $565,000 does and does not include before they write an offer.
The Woods in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $28/month (about $336/yr) · median of 24 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $28 per month ($336 a year) — the median AssociationFee across 24 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 The Woods 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 The Woods sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Woods, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Woods home worth?
Get a no-obligation home value based on real comparable sales in The Woods, 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 The Woods
Homes in The Woods 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.
- 2601 Parkwood Drive · off market
- 501 Wood Trail · off market
Frequently Asked Questions
What is the median home price in The Woods?
How long do homes in The Woods take to sell?
How many homes are in The Woods?
What share of The Woods is owner-occupied?
When were the homes in The Woods built?
Have The Woods home prices gone up?
Who is the best real estate agent for The Woods?
How do I find a top Panama City real estate agent who knows The Woods?
Can Momentum Realty connect me with an agent for The Woods?
Where is The Woods, and what county is it in?
Should you buy in The Woods?
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 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32405)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (57 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 The Woods fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near The Woods with Momentum Realty’s local guides.