Cherry Hill
Homes for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,900 · 410 homes for sale in 32404 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Cherry Hill in Panama City, FL has 4 homes for sale, asking from $165,000 to $444,999 (median $374,950). Over the 12 months ending 2026-11-11, 3 recorded sales closed at a median of $280,000, a median 84 days on market, sellers accepting 98% of original asking. Homes listed or recently sold were built 1965–1975; none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 25 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,440 ($2,950 with the full homestead exemption).
Last 30 days in Cherry Hill: 2 new listings (median asking $257,500). As of November 12, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Cherry Hill
Live MLS inventory for Cherry Hill. 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 · 58 daysTop listing
Active · 148 days
Active · 1 days
Active · 0 daysActive and pending Cherry Hill listings as of 2026-11-13, 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.
Cherry Hill's median price sits at $282,500, and with a median year built of 1966 and a build range stretching from 1930 to 2024, condition and updates are doing most of the work on where any individual listing lands. This is not a subdivision where a builder set a common price point — it's a mix of eras, so the same square footage can carry very different price tags depending on what's been done to the mechanicals, roof, and kitchen.
A median 71 days on market and a market heat score of 43 point to a measured pace rather than a bidding-war environment. Sellers priced honestly are moving; sellers pricing on hope are sitting. With only 8 closings in the tracked window and prices down 0.9% year over year, this reads as a stable, low-drama market rather than a fast-appreciating one — good for buyers who want time to think, not for sellers expecting quick action at a premium.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Cherry Hill right now
🟢 Buyer-leaning market. 16.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of CPAR MLS records, as of November 11, 2026. Confidence: Medium (4 active and pending listings, 3 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 13, 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
Cherry Hill market snapshot (as of November 11, 2026): the median sale price is about $280K, a median 84 days on market for closed sales, and 16.0 months of supply, a buyer-leaning market.
In ZIP 32404 (Panama City), 223 homes closed in the last 12 months at a median of $275K, with a median 90 days on market. Right now 203 active and 64 pending listings put supply at about 10.9 months — a soft market. See the live ZIP 32404 housing market and the Bay County market.
County records show 10 qualified sales in Cherry Hill across 2024–2025 (3 in 2024, 7 in 2025), median $251,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Cherry Hill is a community of 189 homes in Panama City, Bay County, built between 1930 and 2024 (median 1970), with a median living area of about 1,724 square feet. 45% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Cherry Hill in Panama City is an established Bay County community with homes spanning nearly a century of construction, giving buyers a genuinely wide range of architectural styles and renovation states to choose from rather than a single uniform product.
The setting & the homes.
Aerial and on-site photos of Cherry Hill. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Cherry HillCherry HillCherry HillCherry HillPhotos from CPAR MLS listings in Cherry Hill; content deemed reliable but not guaranteed.
Who Cherry Hill is best for.
Best for
- Buyers targeting a purchase near the $282,500 median who are comfortable with an older-vintage home
- Buyers who want negotiating room in a market moving at a measured pace rather than under pressure
- Buyers planning to renovate and build equity through updates rather than buying fully finished
Probably not for
- Buyers who need a home built in the last few years with systems still under original warranty
- Buyers whose decision depends on shared community amenities, since none are currently identified
- Buyers expecting a fast-appreciating market rather than one holding roughly flat year over year
Cherry Hill on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap contributors.
The Cherry Hill buying strategy.
If we were buying in Cherry Hill 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Cherry Hill.
An established mix, priced on condition
With 369 homes in the community and a median living area of 1,683.5 square feet, Cherry Hill skews toward modest, livable footprints rather than sprawling new construction. The median year built of 1966 places the typical home well into its decades, which means inspection findings — roof age, electrical, plumbing, HVAC — matter more here than in newer-build areas where those systems are still under warranty.
A homestead share just above half (50.4%) suggests a solid core of longer-term ownership mixed with turnover activity, which tends to support steadier, less speculative pricing. No community amenities are identified from current MLS listings, so this is a value proposition built on the house and the lot, not on shared recreational infrastructure — worth confirming directly if amenities are a priority for you.
The location and the amenities are priced into every listing in Cherry Hill. 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 Cherry Hill 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 (4.4). Basis: Liquidity & Demand 16.0 months of supply; Owner Commitment 45% owner-occupied; Pricing Power 98.2% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this age-diverse, the difference between a smart buy and an expensive mistake usually comes down to what's behind the walls. We push for full inspection contingencies, help you weigh renovation cost against list price, and price listings based on comparable condition — not just comparable square footage — so you're not guessing at what 1966 construction really means for your budget.
Cherry Hill in 15 seconds.
Tools for a Cherry Hill 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 Cherry Hill sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Cherry Hill, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Cherry Hill home worth?
Get a no-obligation home value based on real comparable sales in Cherry Hill, 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 →
Recently off market in Cherry Hill
Homes in Cherry Hill that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.
- 108 Moody Drive · off market
- 4110 Cherry Lane · off market
- 4126 Russell Lane · off market
| Location | Panama City, Bay County, FL · ZIP 32404 |
|---|---|
| Homes in the community | 189 (FL DOR 2025 assessment roll) |
| Years built | 1930–2024 (median 1970) |
| Typical living area | 1,724 sq ft (median) |
| Sale prices, last 12 months | $280,000 median across 3 closed sales |
| Days on market (closed sales) | 84 median |
| For sale right now | 4 active, 0 pending · median asking $374,950 · 16.0 months of supply |
| Owner-occupied (homestead) share | 45% |
Data as of November 11, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Cherry Hill key facts,” movewithmomentum.com/neighborhoods/cherry-hill, data as of November 11, 2026.
Housing distress & ownership in Cherry Hill, 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.
Just listed in Cherry Hill
The newest homes for sale in Cherry Hill right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 4106 Holly Lane, Panama City, FL 32404 $165,000 · 3 bd · 3 ba · new today Courtesy of Hitchcock Real Estate LLC
- 113 Arlington Drive, Panama City, FL 32404 $350,000 · 3 bd · 2 ba · listed Nov 12, 2026 Courtesy of Keller Williams Success Realty
- 103 Arlington Drive, Panama City, FL 32404 $444,999 · 4 bd · 2 ba · listed Sep 16, 2026 Courtesy of Real Broker LLC
- 109 Arlington Drive, Panama City, FL 32404 $399,900 · 4 bd · 3 ba · listed Jun 18, 2026 Courtesy of Selina's Southern Realty LLC
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Cherry Hill Right Now (4)
All 4 active and pending Cherry Hill listings with a detail page, newest first, refreshed twice a day from the MLS.
- 113 Arlington Drive, Panama City, Fl 32404 · $350,000 · 3 bd / 2 ba · listed Nov 5, 2026 · listed by Keller Williams Success Realty
- 4106 Holly Lane, Panama City, Fl 32404 · $165,000 · 3 bd / 3 ba · listed Oct 28, 2026 · listed by Hitchcock Real Estate LLC
- 103 Arlington Drive, Panama City, Fl 32404 · $444,999 · 4 bd / 2 ba · listed Sep 8, 2026 · listed by Real Broker LLC
- 109 Arlington Drive, Panama City, Fl 32404 · $399,900 · 4 bd / 3 ba · listed Aug 14, 2026 · listed by Selina's Southern Realty LLC
More Panama City home searches
- All homes for sale in Panama City, FL
- Homes for sale in Bay County, FL
- Panama City home values: what is my house worth?
- ZIP 32404 housing scorecard
- 5 coming-soon communities in Bay County
Panama City guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Home insurance cost
- New construction
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
Real estate agent in Panama City? Join Momentum in Panama City: 100% commission, one $12K cap.
What it really costs to own in Cherry Hill
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $4,908/yr across 6 listings here (MLS tax records, 2026-11-13). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1971 across 8 listings. An original roof here would be about 55 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Cherry Hill
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Cherry Hill
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Cherry Hill will answer, and the answer is published on this page for the next buyer.
21% 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 (2026-11-13).
Frequently Asked Questions
What is the median home price in Cherry Hill?
How long do homes in Cherry Hill take to sell?
Is Cherry Hill a buyer's or seller's market right now?
How many homes are in Cherry Hill?
What share of Cherry Hill is owner-occupied?
When were the homes in Cherry Hill built?
Who is the best real estate agent for Cherry Hill?
How do I find a top Panama City real estate agent who knows Cherry Hill?
Can Momentum Realty connect me with an agent for Cherry Hill?
Where is Cherry Hill, and what county is it in?
Should you buy in Cherry Hill?
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: November 13, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending November 11, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (3 streets, ZIP 32404)) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (3 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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Cherry Hill fits the bigger picture — live prices, inventory, and Momentum Scores: