Callaway Point
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · 302 homes for sale in 32404 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of October 2026, Callaway Point in Panama City, FL has 5 homes for sale and 2 pending, asking from $320,000 to $414,999 (median $379,000). Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $460,000, a median 151 days on market, sellers accepting 91% of original asking (+34% versus the prior year). Homes listed or recently sold were built 1992–2021; 6 of the 7 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,650 ($5,160 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32404 |
|---|---|
| Homes in the community | 189 (FL DOR 2025 assessment roll) |
| Years built | 1914–2024 (median 1992) |
| Typical living area | 1,887 sq ft (median) |
| Home types (current listings and sales) | singlefamilyresidence 100% |
| Sale prices, last 12 months | $460,000 median across 3 closed sales · +34.5% vs the prior 12 months |
| Days on market (closed sales) | 151 median |
| For sale right now | 5 active, 2 pending · median asking $379,000 |
| Owner-occupied (homestead) share | 50% |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Callaway Point key facts,” movewithmomentum.com/neighborhoods/callaway-point, data as of September 20, 2026.
Last 30 days in Callaway Point: 1 new listing (median asking $344,900), 2 under contract right now. As of October 2, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Callaway Point
Live MLS inventory for Callaway Point. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Callaway Point listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Callaway Point Right Now (7)
All 7 active and pending Callaway Point listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6914 Ross Drive, Panama City, Fl 32404 · $344,900 · 3 bd / 3 ba · listed Sep 12, 2026 · listed by Corcoran Reverie
- 1505 S Berthe Avenue, Panama City, Fl 32404 · $320,000 · 4 bd / 2 ba · listed Sep 11, 2026 · listed by Anchor Realty Florida
- 6800 Forsythe Drive, Panama City, Fl 32404 · $414,999 · 5 bd / 3 ba · listed Aug 4, 2026 · listed by AMERICAN REALTY of Bay Co, Inc
- 7016 Benton Drive, Panama City, Fl 32404 · $379,000 · 4 bd / 3 ba · listed Jul 25, 2026 · listed by Fulford Real Estate Inc.
- 6836 Forsythe Drive, Panama City, Fl 32404 · $405,000 · 3 bd / 2 ba · listed Jul 24, 2026 · listed by Savvy Avenue LLC
- 7300 Rodgers Drive, Panama City, Fl 32404 · $375,000 · 5 bd / 3 ba · pending · listed Jul 23, 2026 · listed by Counts Real Estate Group
- 1321 S Berthe Avenue, Panama City, Fl 32404 · $365,000 · 3 bd / 2 ba · pending · listed Jul 2, 2026 · listed by Coldwell Banker Realty
Callaway Point is not a subdivision with a single build vintage; it is a stretch of Panama City housing stock that spans from 1914 to 2024, with the median home landing around 1993. That range is the story. Price here is driven less by a floor plan and more by condition, updates, and lot — two homes of similar size can sit far apart depending on what has been done to them. The median sits at $392,500 on roughly 2,131 square feet, but treat that as a midpoint in a wide, condition-driven spread rather than a going rate.
The market posture is patient. A median of about 93 days on market tells you buyers are taking their time and pricing has to be right to move. At the same time, values are up 14.1% year over year and 151% since 2012, so this is not a soft market — it is a deliberate one. For sellers, that means condition and realistic pricing carry the deal. For buyers, the longer days on market create room to inspect carefully and negotiate rather than chase.
Callaway Point right now
🟢 Still climbing. The trailing-12-month median ($460K) is up 34.5% from the prior 12 months ($342K) and up 212% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Callaway Point market snapshot (as of September 20, 2026): the median sale price is about $460K, and a median 151 days on market for closed sales. The trailing-12-month median is up 34% from the prior 12 months and up 212% since 2012, computed from record-level CPAR MLS closed sales (3 closings in the current window).
In ZIP 32404 (Panama City), 1,060 homes closed in the last 12 months at a median of $290K, down 3.3% year over year, with a median 58 days on market. Right now 391 active and 146 pending listings — a balanced market. See the live ZIP 32404 housing market and the Bay County market.
County records show 14 qualified sales in Callaway Point across 2024–2025 (6 in 2024, 8 in 2025), median $259,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Callaway Point is a community of 189 homes in Panama City, Bay County, built between 1914 and 2024 (median 1992), with a median living area of about 1,887 square feet. 50% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Callaway Point is an older, established pocket of Bay County with 297 homes and no shared amenities identified in current listings — the appeal is the housing itself and the location, not a clubhouse or gate. With just over half the homes homesteaded, it reads as a lived-in area rather than an investor or rental play.
The setting & the homes.
Aerial and on-site photos of Callaway Point. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Callaway PointPhotos from CPAR MLS listings in Callaway Point; content deemed reliable but not guaranteed.
Who Callaway Point is best for.
Best for
- Buyers around the mid-$300s to $400s who want space and are willing to inspect an older home carefully
- Renovation-minded buyers who see upside in condition-driven pricing and want a project or a value-add
- Long-hold owner-occupants comfortable with a slower resale pace in exchange for an established location
Probably not for
- Buyers who need new-construction consistency and predictable, uniform floor plans
- Anyone wanting HOA amenities like a pool, gate, or clubhouse — none are identified here
- Short-timeline flippers counting on a fast turnaround given the roughly 93-day median on market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($460K) IS the median in the snapshot above, and the move from 2025 ($342K) IS the +34.5% one-year change.
Windows contain 2 to 30 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
24% of homes for sale in ZIP 32404 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-02).
Callaway Point Market Scorecard
Callaway Point is currently a balanced market., a median asking price of $379,000, and homes go under contract in about 37 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Callaway Point, Panama City
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Callaway Point on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap, tiles © CARTO.
The Callaway Point buying strategy.
If we were buying in Callaway Point today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Callaway Point.
A condition-driven market with a century of vintages
The 1914-to-2024 build range means diligence matters more here than in a uniform new-construction tract. Roof age, systems, foundations, and prior renovations will explain most of the gap between two listings, so the inspection is where you learn what you are actually buying. The median living area of about 2,131 square feet suggests real, usable homes rather than starter boxes, but square footage alone won't tell you where a given property falls on price.
A market heat score of 42 and a median near 93 days on market point to a measured pace. The strong appreciation figures — 14.1% over the past year, 151% since 2012 — confirm demand is real, but the closing window here is thin, so any single sale carries outsized weight in the averages. Read the trend, not one data point, and lean on comparable condition when you price or offer.
The location and the amenities are priced into every listing in Callaway Point. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Callaway Point buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.2). Basis: Long-Term Appreciation +212% since 2012; Recent Direction +34.5% year-over-year; Owner Commitment 50% owner-occupied; Pricing Power 90.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market where vintage and condition set the price, the wrong comp can cost you thousands on either side of the table. We price Callaway Point homes off actual condition and comparable updates, not a blanket per-foot number, and we plan for the longer selling timeline instead of getting surprised by it. For buyers, that means we help you read an older home honestly before you commit; for sellers, it means positioning yours to move in a market that rewards realistic pricing.
Callaway Point in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Callaway Point buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Callaway Point sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Callaway Point, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Callaway Point home worth?
Get a no-obligation home value based on real comparable sales in Callaway Point, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
What is the median home price in Callaway Point?
How long do homes in Callaway Point take to sell?
How many homes are in Callaway Point?
What share of Callaway Point is owner-occupied?
When were the homes in Callaway Point built?
Have Callaway Point home prices gone up?
Who is the best real estate agent for Callaway Point?
How do I find a top Panama City real estate agent who knows Callaway Point?
Can Momentum Realty connect me with an agent for Callaway Point?
Where is Callaway Point, and what county is it in?
Should you buy in Callaway Point?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32404)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (140 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Callaway Point fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Callaway Point
- Home values · What homes in Callaway Point actually sell for
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