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Leeward/Windward Condo Home Values: What Homes Actually Sell For

Buying here? See Leeward/Windward Condo homes for sale and the Leeward/Windward Condo community guide (Panama City Beach).

Leeward/Windward Condo (Panama City Beach, FL): 5 recorded closings in the 12 months ending 2026-09-20, a 14-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$540,000
-9.8% vs prior year · window ending 2026-09-20
Median days to sell
133
from list to contract-to-close record

In the current window, sellers accepted a median 83.2% of original asking; the median sale took 133 days (window ending 2026-09-20).

The 14-year recorded price history

20132026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$540,000—13383.2%5
2025$599,000—2193.8%3
2024$425,000—15891.1%3
2023$442,500—4893.8%6
2022$615,000—2097.7%9
2021$375,000—8100.0%9
2020$259,000—4097.0%9
2019$235,000—5495.2%13
2018$300,000—2094.2%6
2017$295,000—4994.0%11
2016$212,500—10393.4%9
2015$240,000—15087.5%3
2014$187,000—15292.0%8
2013$227,000—1398.7%5

Over the recorded series, Leeward/Windward Condo’s median sold price moved from $227,000 (2013) to $540,000 (12 months ending 2026-09-20) — +138% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Leeward/Windward Condo, briefly

The recorded series starts in 2013 at $227,000. The 2020–22 run-up did what it did everywhere — Leeward/Windward Condo’s median moved +162% from 2019 to 2022. Against the 2022 peak of $615,000, the current median stands at -12%. Annual sales volume here has ranged from 0 to 13 closings a year (10-yr average 7.4). With roughly 7.4 closings a year, Leeward/Windward Condo’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What is on the market in Leeward/Windward Condo right now

From the live MLS feed as of 2026-10-01: 7 active listings (plus 0 pending) asking from $399,000 to $659,900, median $455,000; 5 of 7 have been on the market over 60 days (median 95 days so far); the homes listed or recently sold were built between 1982 and 1982 (median 1982); 6 of 7 listed or recently sold homes report an HOA, median $997/mo; 4 of 7 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 10 ft. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current Leeward/Windward Condo listings →

At Leeward/Windward Condo’s $540,000 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $6,630 a year in property tax before exemptions, or about $6,140 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.

Selling in Leeward/Windward Condo right now: what the record says

Current asking prices run a median $540,000 against the $540,000 recorded sold median (+0%) — the gap between what sellers hope and what the record shows. Demand check: 0% of Leeward/Windward Condo’s listings are under contract, against 14% for ZIP 32407 and 17% for Bay County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for Leeward/Windward Condo reads 24/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Leeward/Windward Condo buyer will actually pay; the spread on any single home comes down to size, condition and timing.

What would YOUR Leeward/Windward Condo home sell for?

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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How Leeward/Windward Condo compares with its neighbors

Communities buyers shopping Leeward/Windward Condo 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.

CommunityMedian soldMedian $/sqftMedian DOMSales
Grand Panama Beach Resort$398,500—10422
Edgewater Tower$520,000—1187
Sterling Reef$421,500—2358
Edgewater Golf Villas$262,000—20721

More Leeward/Windward Condo: 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

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