Callaway Point
Homes for Sale in Panama City, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
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 ($392K) is up 14.1% from the prior 12 months ($344K) and up 151% 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 closed sales, 12-month windows ending July 28. Confidence: Low (4 and 5 sales in the two windows).
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Updated July 28, 2026 · Live data: cpar, 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 July 28, 2026): the median sale price is about $392K, and a median 94 days on market for closed sales. The trailing-12-month median is up 14% from the prior 12 months and up 151% since 2012, computed from record-level cpar closed sales (4 closings in the current window).
Callaway Point is a community of 297 homes in Panama City, Bay County, built between 1914 and 2024 (median 1993), with a median living area of about 2,131 square feet. 54% 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.
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 July 28 of each year, from record-level cpar closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($392K) IS the median in the snapshot above, and the move from 2025 ($344K) IS the +14.1% one-year change.
Windows contain 4 to 30 sales each (4 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 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 (7.4). Basis: Long-Term Appreciation +151% since 2012; Recent Direction +14.1% year-over-year; Owner Commitment 54% owner-occupied; Pricing Power 93.3% 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
- Mandatory HOA — confirm current dues
- 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?
Should you buy in Callaway Point?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | cpar closed sales, 12-month windows ending July 28, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (8 streets, ZIP 32404)) |
| 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.
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