Momentum Housing Data · Home Values · Bay County
Buying here? See Shores of Panama homes for sale and the Shores of Panama community guide (Panama City Beach).
Shores Of Panama (Panama City Beach, FL): 55 recorded closings in the 12 months ending 2026-09-20, a 15-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 90.4% of original asking; the median sale took 90 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $343,900 | — | 90 | 90.4% | 55 |
| 2025 | $337,500 | — | 93 | 90.2% | 42 |
| 2024 | $390,000 | — | 72 | 92.0% | 49 |
| 2023 | $425,000 | — | 65 | 93.3% | 35 |
| 2022 | $425,000 | — | 21 | 98.7% | 121 |
| 2021 | $302,500 | — | 7 | 100.0% | 206 |
| 2020 | $236,000 | — | 25 | 98.8% | 117 |
| 2019 | $238,500 | — | 30 | 97.4% | 65 |
| 2018 | $221,000 | — | 36 | 96.7% | 80 |
| 2017 | $199,500 | — | 123 | 94.8% | 54 |
| 2016 | $185,000 | — | 157 | 92.6% | 45 |
| 2015 | $187,500 | — | 81 | 94.0% | 43 |
| 2014 | $201,500 | — | 122 | 94.7% | 46 |
| 2013 | $185,950 | — | 54 | 97.4% | 44 |
| 2012 | $174,900 | — | 0 | 100.0% | 39 |
Over the recorded series, Shores Of Panama’s median sold price moved from $174,900 (2012) to $343,900 (12 months ending 2026-09-20) — +97% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $174,900. The 2020–22 run-up did what it did everywhere — Shores Of Panama’s median moved +78% from 2019 to 2022. Against the 2022 peak of $425,000, the current median stands at -19%. Annual sales volume here has ranged from 35 to 206 closings a year (10-yr average 82.4).
From the live MLS feed as of 2026-10-01: 60 active listings (plus 2 pending) asking from $265,000 to $660,000, median $359,450; 36 of 60 have been on the market over 60 days (median 88 days so far); the homes listed or recently sold were built between 2007 and 2007 (median 2007); 62 of 62 listed or recently sold homes report an HOA, median $1,166/mo; 46 of 55 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 -3 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 Shores Of Panama listings →
At Shores Of Panama’s $343,900 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $4,220 a year in property tax before exemptions, or about $3,740 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 $359,900 against the $343,900 recorded sold median (+5%) — the gap between what sellers hope and what the record shows. Demand check: 6% of Shores Of Panama’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 Shores Of Panama reads 32/100 (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 Shores Of Panama buyer will actually pay; the spread on any single home comes down to size, condition and timing.
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.
By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.
Communities buyers shopping Shores Of Panama 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 |
|---|---|---|---|---|
| Sunbird Condo | $287,000 | — | 116 | 11 |
| Laketown Wharf | $279,900 | — | 101 | 55 |
| Long Beach Towers | $559,000 | — | 40 | 9 |
| Twin Palms Resort | $435,000 | — | 228 | 9 |
More Shores Of Panama: 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.