Caroline 1 Amend
Homes for Sale in Panama City, FL

Community in Panama City · Bay County · ZIP 32401
Median sale $300K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive cpar data14 years of closingsUpdated twice daily
Live · Caroline 1 Amend Housing Pulse cpar + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$300K
Median sold · 12 mo
93.8%
Sale vs ask
Bay median: 94.4%
Tempo
54days
Median DOM · closed
12 days at the 2021 low
5
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Caroline 1 Amend is a small, thinly traded pocket of the Panama City market, and the numbers reflect that. With only a handful of closings feeding the current snapshot, the mid-$300K median price is a useful marker of where deals are landing, but it should be read as a directional signal rather than a tight, statistically deep range.

A median time on market of just under two months tells you these homes are not moving in a bidding-war environment. Sellers who price realistically and present the home in solid condition are getting through the process in a reasonable window; sellers who overreach are the ones adding weeks to that number. For buyers, that pace leaves room to inspect carefully and negotiate rather than compete under pressure.

The 60-Second Overview

Caroline 1 Amend market snapshot (as of July 28, 2026): the median sale price is about $300K, and a median 54 days on market for closed sales.

Caroline 1 Amend is a modest-sized community in Panama City, Bay County, where current MLS activity is limited enough that each closing meaningfully shapes the pricing picture.

Best for

  • Buyers focused on the home itself rather than a community amenity package.
  • Buyers comfortable making decisions in a market with limited recent sales data to lean on.
  • Sellers prepared to price based on condition and realistic timing rather than urgency.

Probably not for

  • Buyers who want a large recent sales history to benchmark against before committing.
  • Buyers specifically seeking a community with organized amenities or shared facilities.
  • Sellers expecting a fast turnaround measured in days rather than weeks.

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 ($300K) IS the median in the snapshot above.

Windows contain 0 to 5 sales each (5 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.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Median days on market · closed sales
2040608020122014201620182020202220242026
12 days at the 2021 low; 54 now.
Sale price vs original ask · median
80%90%100%20122014201620182020202220242026
93.8% now vs Bay 94.4%.
Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 5 a year; 5 in the current window.

If we were buying in Caroline 1 Amend today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Caroline 1 Amend.

Best Buy
Buyers and sellers who want a straightforward, no-frills residential setting in Panama City without amenity overhead.
Biggest Risk
The small sample size behind current pricing means the median can shift quickly with the next closing or two.
Sweet Spot
A home in solid, move-in condition priced close to the current mid-$300K median tends to be the most competitive combination here.
Avoid If
Avoid if you are relying on shared community amenities as part of the value proposition, since none are currently identified.

A Market Defined by Low Volume

The most important fact about Caroline 1 Amend right now is not the price, it is the volume behind it. A five-closing window means the median of $300,000 is built on a small sample, so buyers and sellers alike should treat it as a starting reference point for conversation, not a precise ceiling or floor.

No community amenities are currently identified from active MLS listings, which suggests this is a straightforward residential setting rather than an amenity-driven development. That puts the emphasis on the individual home, its lot, and its condition, since there is no clubhouse or shared feature carrying part of the value story here.

The location and the amenities are priced into every listing in Caroline 1 Amend. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume market like this one, pricing accurately takes more than pulling a median off a report. We look at the specific comparable closings behind that number, weigh condition and timing, and help you avoid the two most common mistakes in thin markets: overpricing a listing because of one strong outlier sale, or underpaying attention to a home's individual condition because the median feels reassuring.

Caroline 1 Amend in 15 seconds.

Best forBuyers and sellers who want a straightforward, no-frills residential setting in Panama City without amenity overhead.
Biggest advantageNegotiating room exists thanks to a market pace that is not fast-moving.
Biggest riskThe small sample size behind current pricing means the median can shift quickly with the next closing or two.
Sweet spotA home in solid, move-in condition priced close to the current mid-$300K median tends to be the most competitive combination here.
Avoid ifAvoid if you are relying on shared community amenities as part of the value proposition, since none are currently identified.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Caroline 1 Amend sales matched to your home.

What is your Caroline 1 Amend home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Caroline 1 Amend?
The median sale price in Caroline 1 Amend was $300K over the 12 months ending July 28, 2026 (5 closed sales, cpar).
How long do homes in Caroline 1 Amend take to sell?
Homes that closed in the 12 months ending July 28, 2026 took a median 54 days on market (5 sales, cpar).
Who is the best real estate agent for Caroline 1 Amend?
The best agent for Caroline 1 Amend is one who actively works Panama City and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Caroline 1 Amend.
How do I find a top Panama City real estate agent who knows Caroline 1 Amend?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Caroline 1 Amend and the wider Panama City area.
Can Momentum Realty connect me with an agent for Caroline 1 Amend?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Caroline 1 Amend purchase or sale - no call center and no pressure.
Buyers focused on the home itself rather than a community amenity package.Excellent fit
Buyers comfortable making decisions in a market with limited recent sales data to lean on.Excellent fit
Sellers prepared to price based on condition and realistic timing rather than urgency.Excellent fit
Buyers who want a large recent sales history to benchmark against before committing.Probably not
Buyers specifically seeking a community with organized amenities or shared facilities.Probably not
Sellers expecting a fast turnaround measured in days rather than weeks.Probably not

Data sources & freshness

Community market statscpar closed sales, 12-month windows ending July 28, 2026
Historical depthClosed-sale records back to 2012 (39 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?

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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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