Momentum Housing Data · Home Values · Bay County
Buying here? See St. Andrews Bay Dev. Co. homes for sale and the St. Andrews Bay Dev. Co. community guide (Panama City).
St. Andrews Bay Dev. Co. (Panama City, FL): 3 recorded closings in the 12 months ending 2026-09-20, an 11-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, median closings ran near original asking (98.8%); the median sale took 104 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $265,000 | — | 104 | 98.8% | 3 |
| 2025 | $138,000 | — | 18 | 88.7% | 4 |
| 2024 | $210,000 | — | 15 | 94.7% | 5 |
| 2022 | $230,000 | — | 114 | 76.9% | 3 |
| 2021 | $174,000 | — | 66 | 96.9% | 5 |
| 2018 | $158,750 | — | 41 | 99.3% | 8 |
| 2017 | $109,000 | — | 23 | 100.0% | 3 |
| 2015 | $68,250 | — | 88 | 91.4% | 4 |
| 2014 | $115,000 | — | 75 | 95.9% | 5 |
| 2013 | $157,500 | — | 103 | 94.4% | 4 |
| 2012 | $80,000 | — | 164 | 79.6% | 5 |
Over the recorded series, St. Andrews Bay Dev. Co.’s median sold price moved from $80,000 (2012) to $265,000 (12 months ending 2026-09-20) — +231% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $80,000. Annual sales volume here has ranged from 1 to 8 closings a year (10-yr average 3.7). With roughly 3.7 closings a year, St. Andrews Bay Dev. Co.’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.
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1944 and 2023 (median 2021); 1 of 3 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 34 ft. See the current St. Andrews Bay Dev. Co. listings →
At St. Andrews Bay Dev. Co.’s $265,000 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $3,250 a year in property tax before exemptions, or about $2,770 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 $284,000 against the $265,000 recorded sold median (+7%) — the gap between what sellers hope and what the record shows. Demand check: 0% of St. Andrews Bay Dev. Co.’s listings are under contract, against 15% for ZIP 32401 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 St. Andrews Bay Dev. Co. reads 56/100 (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 St. Andrews Bay Dev. Co. 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 St. Andrews Bay Dev. Co. 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 |
|---|---|---|---|---|
| Hammocks | $265,750 | — | 36 | 13 |
| Azalea Place | $352,500 | — | 50 | 8 |
| Highland City | $272,450 | — | 65 | 16 |
| Premier Estates | $372,500 | — | 62 | 6 |
More St. Andrews Bay Dev. Co.: 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.