Cedars Crossing
Homes for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,900 · 161 homes for sale in 32405 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 1 closed sale in Cedars Crossing in Panama City, FL, the most recent in September 2026. Across Panama City as a whole, 371 homes closed in the last 12 months at a median of $300,000, 84 median days on market. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,680 ($3,200 with the full homestead exemption).
Cedars Crossing covers a wide build era, with homes dating from 1930 through 2024 and a median year built of 2006. That spread means condition and construction era do more to set value here than location alone — a 2024 build and a pre-1950 structure can sit on the same street with very different maintenance profiles, systems, and price expectations.
With 174 homes tracked and a median living area of 2,005 square feet, this reads as a working mid-size inventory rather than a boutique pocket. Just over half of owners (56.5%) carry a homestead exemption, pointing to a base of owner-occupied housing rather than a market dominated by short-term rentals or investor churn. For sellers, that steadier occupancy pattern is worth noting in how a listing gets positioned; for buyers, it means expect real competition from other owner-occupants, not just investors.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside Cedars Crossing right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
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.
Who Cedars Crossing is best for.
Best for
- Buyers who want a mid-size home near 2,000 square feet and are willing to compare construction eras carefully
- Owner-occupant buyers planning to stay long term in a community where most current owners hold homestead status
- Buyers who prioritize home condition and value over community-provided recreational amenities
Probably not for
- Buyers who want a single, consistent architectural era across every listing they tour
- Buyers relying on an HOA-run pool, clubhouse, or other shared amenity as part of the decision
- Buyers unwilling to budget time or money for inspections on older-era homes within the range
The market around Cedars Crossing
Cedars Crossing is too small for its own price trend, so here is the market around it.
In ZIP 32405, 150 homes are on the market and 21% are under contract — a steady corner of Panama City.
Across Bay County, 2,406 homes are active and 434 pending (15% under contract).
In ZIP 32405 (Panama City), 69 homes closed in the last 12 months at a median of $330K, with a median 69 days on market. Right now 64 active and 20 pending listings put supply at about 11.1 months — a buyer's market. See the live ZIP 32405 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.
The Cedars Crossing buying strategy.
If we were buying in Cedars Crossing 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 Cedars Crossing.
Reading the Build Spread
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.
The location and the amenities are priced into every listing in Cedars Crossing. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
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.
Cedars Crossing in 15 seconds.
Tools for a Cedars Crossing 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 Cedars Crossing sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cedars Crossing, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cedars Crossing home worth?
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Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: September 30, 2026) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (1 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.
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