Momentum Housing Data · Home Values · Bay County
Buying here? See Emerald Cove Villas homes for sale and the Emerald Cove Villas community guide (Panama City Beach).
Emerald Cove Villas (Panama City Beach, FL): 5 recorded closings in the 12 months ending 2026-09-20, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 88.7% of original asking; the median sale took 20 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $360,000 | — | 20 | 88.7% | 5 |
| 2025 | $407,000 | — | 85 | 96.0% | 4 |
| 2024 | $417,500 | — | 102 | 93.5% | 6 |
| 2023 | $444,500 | — | 17 | 96.4% | 4 |
| 2022 | $378,000 | — | 5 | 100.7% | 25 |
| 2021 | $342,725 | — | 36 | 100.1% | 54 |
| 2020 | $315,025 | — | 50 | 100.0% | 37 |
Over the recorded series, Emerald Cove Villas’s median sold price moved from $315,025 (2020) to $360,000 (12 months ending 2026-09-20) — +14% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2020 at $315,025. Against the 2023 peak of $444,500, the current median stands at -19%. Annual sales volume here has ranged from 4 to 54 closings a year (10-yr average 19.3).
At Emerald Cove Villas’s $360,000 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $4,420 a year in property tax before exemptions, or about $3,930 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Bay County tax page.
Current asking prices run a median $449,900 against the $360,000 recorded sold median (+25%) — the gap between what sellers hope and what the record shows. Demand check: 25% of Emerald Cove Villas’s listings are under contract, against 14% for ZIP 32407 and 17% for Bay County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for Emerald Cove Villas reads 29/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
With asking prices running +25% over the recorded sold median, a Emerald Cove Villas listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Emerald Cove Villas are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Dolphin Bay | $760,000 | — | 52 | 7 |
| Hathaway Townhomes | $255,000 | — | 56 | 6 |
| Woodlawn | $422,500 | — | 83 | 4 |
| Harbour Towne | $317,500 | — | 117 | 8 |
More Emerald Cove Villas: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.