Momentum Housing Data · Home Values · Bay County
Wells Gulf Beach Estates (Panama City Beach, FL): 4 recorded closings in the 12 months ending 2026-07-28, a 6-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 95.7% of original asking; the median sale took 48 days (window ending 2026-07-28).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $825,000 | — | 48 | 95.7% | 4 |
| 2022 | $787,450 | — | 76 | 91.2% | 4 |
| 2021 | $422,500 | — | 45 | 94.1% | 4 |
| 2019 | $350,250 | — | 38 | 96.5% | 4 |
| 2018 | $215,000 | — | 59 | 91.5% | 3 |
| 2013 | $146,500 | — | 71 | 80.1% | 4 |
Over the recorded series, Wells Gulf Beach Estates’s median sold price moved from $146,500 (2013) to $825,000 (12 months ending 2026-07-28) — +463% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $146,500. The 2020–22 run-up did what it did everywhere — Wells Gulf Beach Estates’s median moved +125% from 2019 to 2022. Annual sales volume here has ranged from 0 to 4 closings a year (10-yr average 2.6). With roughly 2.6 closings a year, Wells Gulf Beach Estates’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 actually trades here: 91% single-family residence, 6% duplex, 3% attached in the current window.
From the live MLS feed as of 2026-09-02: The homes listed or recently sold were built between 1953 and 2003 (median 1998); none of the 4 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 26 ft). See the current Wells Gulf Beach Estates listings →
At Wells Gulf Beach Estates’s $825,000 median and Bay County’s adopted 12.28 mills (FY2025-26), a home assessed at that price carries roughly $10,130 a year in property tax before exemptions, or about $9,640 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.
The table above is the closed-sale record to price a Wells Gulf Beach Estates home against; asking prices are an opening position, recorded closings are the value.
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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Communities buyers shopping Wells Gulf Beach Estates 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 |
|---|---|---|---|---|
| Celadon Beach | $530,000 | — | 51 | 5 |
| Splash Condo | $470,000 | — | 63 | 12 |
| Peachtree Place | $285,000 | — | 41 | 7 |
| Miramar Heights | $347,500 | — | 82 | 6 |
More Wells Gulf Beach Estates: 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.