Cedars Crossing
Homes for Sale in Panama City, FL

Cedars Crossing in Panama City spans nearly a century of construction, giving the community a mixed housing stock rather than a single defined architectural era. The median build year of 2006 and median size just over 2,000 square feet suggest a core of early-2000s homes anchoring the inventory, with older and newer builds filling out the edges.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Cedars Crossing is too small for its own price trend, so here is the market around it.

In ZIP 32404, 428 homes are on the market and 30% are under contract — a fast-moving corner of Panama City.

Across Bay County, 2,515 homes are active and 528 pending (17% under contract).

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.

ZIP and county figures describe the wider market, not Cedars Crossing specifically. Momentum Research analysis of MLS records.

A year-built range running from 1930 to 2024 is unusually wide for a single tracked community, and it changes how buyers should shop here. Two listings at the same size and similar price can mean very different things — one may need roof, HVAC, and electrical updates soon, another may be under a decade old with systems still under original warranty. Due diligence on age and condition matters more in Cedars Crossing than it would in a community built out in a single decade.

No community amenities are identified from current MLS listings, so any appeal here is tied to the homes and their setting rather than shared recreational infrastructure. Buyers looking for clubhouse, pool, or other HOA-run amenities should not assume those exist and should confirm directly. With homestead exemptions covering the majority of homes, turnover has likely been driven more by individual owner decisions — upsizing, downsizing, relocation — than by rapid investor resale, which tends to keep the market moving at a measured pace rather than in sharp swings.

In a community with this much variation in build year, the difference between a fair deal and an overpay often comes down to how carefully the home's age and condition are weighed against comparable sales. We pull the actual closed comps by build era and square footage rather than treating Cedars Crossing as one uniform market, and we push for the inspection detail that matters most on older stock.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.