Momentum Housing Data · Home Values · Bay County
Every figure below is from recorded MLS closings in Oakland Terrace (Panama City, FL) — not an algorithm’s estimate. Medians, the 11-year price history, market time, and what the record says about selling here now. Window ending 2026-07-28; refreshes as new closings record.
In the current window, sellers accepted a median 85.4% of original asking; the median sale took 101 days (window ending 2026-07-28).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $152,500 | — | 101 | 3 |
| 2025 | $226,500 | — | 28 | 4 |
| 2023 | $215,000 | — | 8 | 5 |
| 2021 | $163,500 | — | 110 | 8 |
| 2020 | $77,500 | — | 12 | 8 |
| 2019 | $121,750 | — | 12 | 14 |
| 2018 | $104,938 | — | 17 | 10 |
| 2017 | $99,900 | — | 83 | 11 |
| 2016 | $58,000 | — | 36 | 13 |
| 2014 | $60,100 | — | 104 | 3 |
| 2013 | $42,500 | — | 310 | 3 |
Over the recorded series, Oakland Terrace’s median sold price moved from $42,500 (2013) to $152,500 (12 months ending 2026-07-28) — +259% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $42,500. Against the 2025 peak of $226,500, the current median stands at -33%. Annual sales volume here has ranged from 2 to 14 closings a year (10-yr average 6.7). Small-community 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 in the table above.
Momentum’s market-heat index for Oakland Terrace reads 25/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum 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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More Oakland Terrace: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
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