Bay County
Housing Market
Median sale price $374,676, down 0.3% year over year, with homes going under contract in about 71 days, 2,916 homes on the market.
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Housing Market Analyst
Inventory sits at 6.7 months of supply — heavy by the 3-to-6-month balanced benchmark, and 25% of listed homes are already under contract. Prices are down 0.3% versus the prior year, but sellers are still collecting 94.0% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors neither side decisively.
- Prices — heavy supply keeps the pressure on sellers; softening is the path of least resistance.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 25% of inventory sits under contract.
- Mortgage sensitivity — at 4.9× income, this market is moderately sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current Bay County data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where Bay County is hot — and where it isn't
Each dot is a community (305 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on Bay County
The median sale price across Bay County currently stands at $374,676, down 0.3% from a year ago. The typical home goes under contract in about 71 days. Sellers are capturing 94.0% of their original asking price on average.
There are 2,916 active listings on the market, with 618 more already under contract. At the current sales pace that works out to 6.7 months of supply — a buyer-leaning market by the standard six-month benchmark. 18 homes closed here over the trailing 12 months.
Zillow's home value index for Bay County stands at $344,901. About 26% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for Bay County is 43 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of September 15, 2026.
Bay County since 2012 — and where it’s heading
A median home here sold for $180,307 in 2012 and $407,021 over the last recorded year — 126% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (54,932 recorded sales)
Days on market by year
Home value trend · Bay County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Bay County (MLS)
Median price · daily recalculation
What’s driving Bay County
Top inbound states: GA, AL, TX, AZ. Movers arriving report ~$74,894 average income. Source: IRS SOI county-to-county migration, 2022-2023
1,264 Citizens policies in force in Bay County — the state-backed insurer of last resort. Budget insurance into any Bay purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
1,685 single-family · 387 multi-family · 11.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
How it stacks up against neighboring counties
| Market | Median | Active | Score | |
|---|---|---|---|---|
| Bay County ← this page | $375K | 2,916 | 43 | |
| Gulf County | $456K | 181 | 33 | Open → |
| Franklin County | $294K | 210 | 46 | Open → |
| Washington County | $228K | 159 | 58 | Open → |
| Walton County | $550K | 3,141 | 43 | Open → |
Neighborhoods on the move
| PalazzoPanama City Beach | $815K | ▲ 59% |
| Wild HeronPanama City Beach | $1.14M | ▲ 42% |
| Colony Club HrbrPanama City Beach | $540K | ▲ 34% |
| Kiska BeachPanama City Beach | $588K | ▲ 24% |
| SweetbayPanama City | $549K | ▲ 22% |
| Laguna Beach EstatesPanama City Beach | $510K | ▼ 45% |
| Grand Panama Beach ResortPanama City Beach | $407K | ▼ 30% |
| Pinnacle PortPanama City Beach | $355K | ▼ 30% |
| College PointLynn Haven | $415K | ▼ 28% |
| HammocksLynn Haven | $255K | ▼ 25% |
| Laketown WharfPanama City Beach | $295K | 80 |
| Shores Of PanamaPanama City Beach | $340K | 64 |
| Latitude At WatersoundPanama City Beach | $500K | 50 |
| Gulf Highlands Beach ResortPanama City Beach | $295K | 48 |
| Edgewater TowerPanama City Beach | $510K | 46 |
| Salt Grass At Ward CreekPanama City Beach | $551K | 1 days |
| Country Club Harbour EstatesLynn Haven | $520K | 13 days |
| SudduthsPanama City | $270K | 13 days |
| SpringfieldPanama City | $194K | 14 days |
| Emerald Pointe ResortPanama City Beach | $194K | 17 days |
Cities in Bay County
ZIP codes
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in Bay County right now?
The data says conditions currently favor buyers in Bay County — the Momentum Score reads 43/100 with 6.7 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is Bay County becoming more affordable?
Yes, modestly — the median sale price in Bay County is $374,676, down 0.3% versus the prior year, while sellers still capture 94.0% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in Bay County?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Laguna Beach Estates (-45%); Grand Panama Beach Resort (-30%); Pinnacle Port (-30%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which Bay County neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Salt Grass At Ward Creek (1 days); Country Club Harbour Estates (13 days); Sudduths (13 days) — homes there go under contract well ahead of the market-wide pace of 71 days.
Bay County housing market FAQ
How is the housing market in Bay County right now?
As of September 15, 2026, the Bay County housing market is roughly balanced: the median sale price is $374,676 (down 0.3% year over year), 2,916 homes are for sale against 18 sales in the last 12 months, which is 6.7 months of supply, and the typical home goes under contract in about 71 days.
How much is a house in Bay County?
The median home sold for $374,676 in Bay County over the last 12 months; asking prices on the 2,916 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in Bay County?
By the numbers, sellers in Bay County are getting 94.0% of asking price and going under contract in about 71 days with 6.7 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the Bay County housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: Bay County median sale prices are down 0.3% year over year, inventory stands at 6.7 months of supply, and 25% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in Bay County?
The median sale price in Bay County is currently $374,676, down 0.3% from a year ago, based on MLS sales data updated September 15, 2026.
Is Bay County a buyer's or seller's market right now?
The data currently is roughly balanced. Bay County scores 43 of 100 on the Momentum Score, with 6.7 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in Bay County?
The typical home in Bay County goes under contract in about 71 days, per current MLS data.
How many homes are for sale in Bay County?
There are approximately 2,916 active listings in Bay County as of September 15, 2026.
Are home prices in Bay County rising or falling?
Median sale prices are down 0.3% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across Bay County. Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: September 15, 2026 at 7:33 PM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.