Cedar Park
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, Cedar Park in Panama City, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $379,900, a median 25 days on market, sellers accepting 97% of original asking (+6% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $4,660 ($4,180 with the full homestead exemption).
Cedar Park's median sits at $374,450, with a year-over-year change of 4.0 percent. That is a modest, steady move rather than a sharp run, and it lines up with a market heat score of 45 -- a reading that leans toward balanced-to-slower rather than competitive.
The bigger signal is pace: a median 86 days on market. That is a long runway compared to a fast-clearing submarket, and it tells buyers there is room to negotiate on price or terms, while sellers need pricing and presentation to be right from the first week rather than counting on a quick multiple-offer outcome.
Cedar Park right now
🟡 Still climbing. The trailing-12-month median ($380K) is up 6.3% from the prior 12 months ($357K). 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 4 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
Cedar Park market snapshot (as of September 20, 2026): the median sale price is about $380K, and a median 25 days on market for closed sales. The trailing-12-month median is up 6% from the prior 12 months, 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 5 qualified sales in Cedar Park across 2024–2025 (2 in 2024, 3 in 2025), median $385,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Cedar Park is a community of 90 homes in Panama City, Bay County, built between 2015 and 2023 (median 2018.0), with a median living area of about 2,226 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cedar Park is a Panama City neighborhood in Bay County where recent closings have been limited in number, so each transaction carries more weight in reading the market -- a useful caveat when comparing this pocket to higher-volume areas nearby.
Who Cedar Park is best for.
Best for
- Buyers working with a budget near the area median who have flexibility on timeline
- Sellers who can price realistically and are prepared for a multi-week marketing period
- Buyers who want negotiating room and time to complete thorough inspections
Probably not for
- Sellers who need a sale finalized within a few weeks
- Buyers expecting rapid, multiple-offer competition
- Anyone relying on built-in community amenities as a deciding factor, since none are identified in current listings
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 ($380K) IS the median in the snapshot above, and the move from 2025 ($357K) IS the +6.3% one-year change.
Windows contain 3 to 32 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).
Cedar Park Market Scorecard
Cedar Park is currently a balanced market., a median asking price of $407,500, and homes go under contract in about 189 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 Cedar Park, 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.
Homes For Sale Right Now in Cedar Park
Live MLS inventory for Cedar Park. 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 Cedar Park 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.
The Cedar Park buying strategy.
If we were buying in Cedar Park 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 Cedar Park.
A market that rewards patience
With a median of 86 days on market, homes here are not moving on a fast clock. That stretch gives buyers time to do real due diligence -- inspections, comparisons, a second walkthrough -- without the pressure of a bidding war. It also means sellers should expect the process to unfold over weeks, not days, and should price with that timeline in mind rather than testing the top of the range.
The 4.0 percent year-over-year change suggests values have held and inched up rather than swung sharply in either direction. Combined with a closings window of just 6 recorded sales, this is a market where the trend is real but the sample is thin -- worth watching closing by closing rather than assuming last quarter's number carries forward unchanged.
The location and the amenities are priced into every listing in Cedar Park. 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 Cedar Park 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 3 factors (7.7). Basis: Recent Direction +6.3% year-over-year; Owner Commitment 74% owner-occupied; Pricing Power 97.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market with a low count of recent closings, pricing a home or evaluating an offer takes more than pulling a generic average -- it takes someone tracking each transaction as it happens. We follow Cedar Park's activity closing by closing so sellers price accurately and buyers know what a fair number looks like before they write an offer.
Cedar Park in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $49/month (about $588/yr) · median of 40 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $49 per month ($588 a year) — the median AssociationFee across 40 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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 Cedar Park 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 Cedar Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cedar Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cedar Park home worth?
Get a no-obligation home value based on real comparable sales in Cedar Park, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City →
Frequently Asked Questions
What is the median home price in Cedar Park?
How long do homes in Cedar Park take to sell?
How many homes are in Cedar Park?
What share of Cedar Park is owner-occupied?
When were the homes in Cedar Park built?
Who is the best real estate agent for Cedar Park?
How do I find a top Panama City real estate agent who knows Cedar Park?
Can Momentum Realty connect me with an agent for Cedar Park?
Where is Cedar Park, and what county is it in?
Should you buy in Cedar Park?
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 (1 streets, ZIP 32404/32405)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2015 (148 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.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Cedar Park fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Cedar Park
- Home values · What homes in Cedar Park actually sell for
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