Momentum Housing Data · Home Values · Bay County

Towne & Country Lake Estates Home Values: What Homes Actually Sell For

Every figure below is from recorded MLS closings in Towne & Country Lake Estates (Panama City, FL) — not an algorithm’s estimate. Medians, the 13-year price history, market time, and what the record says about selling here now. Window ending 2026-07-28; refreshes as new closings record.

Median sold price
$252,500
window ending 2026-07-28
Median days to sell
131
from list to contract-to-close record

In the current window, sellers accepted a median 97.5% of original asking; the median sale took 131 days; new construction was 25.0% of recorded sales — builder pricing competes with resales here (window ending 2026-07-28).

The 13-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSales
2026$252,5001314
2024$239,500464
2022$206,00066
2021$167,25046
2020$169,000319
2019$135,00045
2018$140,000537
2017$135,5005011
2016$73,8144110
2015$45,000573
2014$51,7501586
2013$87,0002633
2012$73,0001253

Over the recorded series, Towne & Country Lake Estates’s median sold price moved from $73,000 (2012) to $252,500 (12 months ending 2026-07-28) — +246% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Towne & Country Lake Estates, briefly

The recorded series starts in 2012 at $73,000. The 2020–22 run-up did what it did everywhere — Towne & Country Lake Estates’s median moved +53% from 2019 to 2022. Annual sales volume here has ranged from 1 to 11 closings a year (10-yr average 5.5). 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.

What actually trades here: 100% singlefamilyresidence in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.

Selling in Towne & Country Lake Estates right now: what the record says

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.

What would YOUR Towne & Country Lake Estates home sell for?

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 Towne & Country Lake Estates: 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