Derby Woods
Homes for Sale in Lynn Haven, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of October 2026, Derby Woods in Lynn Haven, FL has 6 homes for sale and 1 pending, asking from $320,000 to $439,900 (median $365,000). Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $320,000, a median 34 days on market, sellers accepting 98% of original asking (-15% versus the prior year). Homes listed or recently sold were built 1983–1991; 7 of 7 report an HOA (median $12/mo); 2 of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 21 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,930 ($3,440 with the full homestead exemption).
Last 30 days in Derby Woods: 3 new listings (median asking $365,000), 1 under contract right now. As of October 20, 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 Derby Woods
Live MLS inventory for Derby Woods. 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 Derby Woods listings as of 2026-10-20, 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.
Derby Woods prices around a median of $344,700, and with only 8 closings in the current window, that figure moves on the mix of what sold more than on any broad shift in demand. A wide year-built range, 1940 to 2024, with a median year built of 1986, means condition and age of systems will do more to set final price than the address itself.
A market heat score of 43 and a slight year-over-year pull-back of 1.9% point to a steady, unhurried market rather than one moving fast in either direction. Median days on market near 28.5 suggests reasonably priced, well-kept homes are still moving in about a month, but sellers should not expect competitive multiple-offer conditions here.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Derby Woods right now
🔴 Off the recent peak. The trailing-12-month median ($320K) is down 15.2% from the prior 12 months ($378K) and up 90% since 2012. 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: Medium (7 and 11 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 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
Derby Woods market snapshot (as of September 20, 2026): the median sale price is about $320K, and a median 34 days on market for closed sales. The trailing-12-month median is down 15% from the prior 12 months and up 90% since 2012, computed from record-level CPAR MLS closed sales (7 closings in the current window).
In ZIP 32404 (Lynn Haven), 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 6 qualified sales in Derby Woods across 2024–2025 (5 in 2024, 1 in 2025), median $367,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Derby Woods is a community of 80 homes in Lynn Haven, Bay County, built between 1979 and 1992 (median 1983.0), with a median living area of about 2,174 square feet. 80% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Derby Woods is a established Lynn Haven neighborhood of 335 homes spanning eight decades of construction, with a median living size of 2,227 square feet and a homestead share near 70%, pointing to a base of longer-term ownership rather than heavy investor or short-term turnover.
The setting & the homes.
Aerial and on-site photos of Derby Woods. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Derby WoodsPhotos from CPAR MLS listings in Derby Woods; content deemed reliable but not guaranteed.
Who Derby Woods is best for.
Best for
- Buyers who want a stable, unhurried market and are willing to do home-by-home diligence given the wide 1940-2024 age range.
- Sellers with a well-maintained, updated home who can price against real recent comparables rather than lean on the community median alone.
- Buyers prioritizing living space, given the median of 2,227 square feet, over a checklist of shared amenities.
Probably not for
- Buyers expecting community amenities as part of the purchase, since none are identified from current MLS listings.
- Sellers who need a fast, competitive-bidding sale; a market heat score of 43 points to a measured pace instead.
- Buyers or sellers wanting a large, statistically robust set of recent comparable sales before pricing a deal.
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 ($320K) IS the median in the snapshot above, and the move from 2025 ($378K) IS the -15.2% one-year change.
Windows contain 3 to 22 sales each (7 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.
19% of homes for sale in ZIP 32444 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 (2026-10-20).
Derby Woods Market Scorecard
Derby Woods is currently a balanced market., a median asking price of $364,950, and homes go under contract in about 96 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.
Derby Woods 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 Derby Woods buying strategy.
If we were buying in Derby Woods 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 Derby Woods.
What the numbers actually say
With only 8 closings feeding the current snapshot, treat any single data point here as directional rather than definitive. The median price of $344,700 and median day-on-market figure near 28.5 describe a market that is functioning normally but thinly, so buyers and sellers should lean on a specific comparable-home analysis rather than the community-wide median alone.
The spread in year built, from 1940 to 2024 against a median of 1986, means Derby Woods holds both older, established housing stock and newer construction side by side. That range is the real driver of price variation here; a buyer comparing two listings at similar square footage can still see meaningfully different pricing based on age, updates, and mechanical condition. No community amenities are identified from current MLS listings, so this is a housing-stock story rather than an amenity-driven one.
The location and the amenities are priced into every listing in Derby Woods. 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 Derby Woods 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 4 factors (6.3). Basis: Long-Term Appreciation +90% since 2012; Recent Direction -15.2% year-over-year; Owner Commitment 80% owner-occupied; Pricing Power 97.7% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this thin on recent closings, the median stops being a reliable stand-in for what your specific home is worth. We pull the actual comparables, weigh them for age and condition against the 1940-2024 range in play here, and give you a number grounded in what has really sold, not what the community-wide average implies.
Derby Woods in 15 seconds.
Tools for a Derby Woods 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 Derby Woods sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Derby Woods, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Derby Woods home worth?
Get a no-obligation home value based on real comparable sales in Derby Woods, 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 homes for sale in Derby Woods on the map →
Recently off market in Derby Woods
Homes in Derby Woods 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. 5 on record.
- 116 Derby Woods Drive · off market
- 140 Derby Woods Drive · off market
- 168 Derby Woods Drive · off market
- 190 Derby Woods Drive · off market
- 2027 Willow Bend Lane · off market
| Location | Lynn Haven, Bay County, FL · ZIP 32404, 32444 |
|---|---|
| Homes in the community | 80 (FL DOR 2025 assessment roll) |
| Years built | 1979–1992 (median 1983.0) |
| Typical living area | 2,174 sq ft (median) |
| Home types (current listings and sales) | singlefamilyresidence 100% |
| Sale prices, last 12 months | $320,000 median across 7 closed sales · -15.2% vs the prior 12 months |
| Days on market (closed sales) | 34 median |
| For sale right now | 6 active, 1 pending · median asking $364,950 |
| Owner-occupied (homestead) share | 80% |
Data as of September 20, 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, “Derby Woods key facts,” movewithmomentum.com/neighborhoods/derby-woods, data as of September 20, 2026.
Housing distress & ownership in Derby Woods, Lynn Haven
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 Derby Woods
The newest homes for sale in Derby Woods right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 1542 Blue Grass Lane, Lynn Haven, FL 32444 $320,000 · 3 bd · 2 ba · new today Courtesy of ERA Neubauer Real Estate, Inc
- 107 Saratoga Place, Lynn Haven, FL 32444 $439,900 · 4 bd · 3 ba · 8 days on market Courtesy of eXp Realty, LLC
- 1428 Blue Grass Lane, Lynn Haven, FL 32444 $414,900 · 5 bd · 2 ba · 96 days on market Courtesy of Coldwell Banker Realty
- 1606 Belmont Boulevard, Lynn Haven, FL 32444 $349,000 · 4 bd · 3 ba · 100 days on market Courtesy of Anchor Realty Florida
- 1623 Santa Anita Drive, Lynn Haven, FL 32444 $365,000 · 4 bd · 2 ba · 130 days on market Courtesy of Counts Real Estate Group Inc
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Derby Woods Right Now (7)
All 7 active and pending Derby Woods listings with a detail page, newest first, refreshed twice a day from the MLS.
- 168 Derby Woods Drive, Lynn Haven, Fl 32444 · $365,000 · 3 bd / 2 ba · listed Oct 20, 2026 · listed by Keller Williams Success Realty
- 107 Saratoga Place, Lynn Haven, Fl 32444 · $439,900 · 4 bd / 3 ba · listed Oct 13, 2026 · listed by eXp Realty, LLC
- 1542 Blue Grass Lane, Lynn Haven, Fl 32444 · $320,000 · 3 bd / 2 ba · listed Sep 11, 2026 · listed by ERA Neubauer Real Estate, Inc
- 1606 Belmont Boulevard, Lynn Haven, Fl 32444 · $349,000 · 4 bd / 3 ba · listed Jul 26, 2026 · listed by Anchor Realty Florida
- 1428 Blue Grass Lane, Lynn Haven, Fl 32444 · $414,900 · 5 bd / 2 ba · listed Jul 22, 2026 · listed by Coldwell Banker Realty
- 1623 Santa Anita Drive, Lynn Haven, Fl 32444 · $365,000 · 4 bd / 2 ba · listed Jul 22, 2026 · listed by Counts Real Estate Group Inc
- 136 Derby Woods Drive, Lynn Haven, Fl 32444 · $350,000 · 3 bd / 2 ba · pending · listed Jul 22, 2026 · listed by Avenue Realty
More Lynn Haven home searches
- Homes for sale in Bay County, FL
- Homes under $300K in Lynn Haven
- Homes from $300K to $500K in Lynn Haven
- 4-bedroom homes for sale in Lynn Haven
- ZIP 32404 housing scorecard
- 3 coming-soon communities in Bay County
Lynn Haven guides & data
Florida buyer guides
Recent Developments in Derby Woods
Development, infrastructure, retail, and school activity affecting Derby Woods, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- September 2026Retail & Dining
Panama City meets Houston developer interested in part of Panama City Mall site
Panama City officials met a Houston developer interested in buying a portion of the largely vacant Panama City Mall, owned by Hendon Properties, with a retail focus. Discussions covered rezoning, possible CRA participation and plan submittal. The mayor called the FDOT US 231 widening, planned to six lanes from US 98 to SR 20, the biggest holdup.
What it may mean for the marketPossible retail redevelopment of a large vacant site could add shopping options near the US 231 corridor, with timing tied to road widening and rezoning. The site is about 5 miles south of Derby Woods.
Source: WJHG - August 2026Development
Deal reached to redevelop historic Panama City Grammar School into apartments and townhomes
Panama City reached a deal for developer Zachary Seymour to buy the 1914 Panama City Grammar School on East Seventh Street and convert it to apartments and townhomes. The city would waive about $375,000 in code fines and a $100,000 CRA grant is pending approval. Seymour has one year to finish structural repairs to roofs, windows and doors.
What it may mean for the marketReuse of a vacant historic building would add downtown-area residential units and remove a long-standing vacant property. The project is about 8 miles south of Derby Woods, elsewhere in Bay County.
Source: WJHG - August 2026Infrastructure
HCA Florida Gulf Coast Hospital announces $125 million expansion
HCA Florida Gulf Coast Hospital announced a $125 million expansion on its 23rd Street campus, including a new patient tower with 34 additional beds, a 16-bed orthopedic and spine unit, a fourth cath lab, an expanded women's center and a 5,000-square-foot outpatient entrance expansion. The project is in design, with construction of 24 to 36 months and completion targeted for 2029.
What it may mean for the marketAdded hospital capacity and specialty services would improve local healthcare access and add medical-sector employment along the 23rd Street corridor. The site is about 6 miles south of Derby Woods.
Source: WJHG - August 2026Infrastructure
Bay County approves $13.5 million water treatment plant expansion
Bay County commissioners approved a $13.5 million contract with NCMC Construction to add three large sand filters (30 by 50 feet each) to the county water treatment plant, which now runs 11 filters. Construction is expected to start soon and take about a year, and officials say water bills should not rise because of it.
What it may mean for the marketAdded filtration and backup capacity supports water service reliability for a county where demand has more than doubled in 15 years. The site is about 4 miles east of Derby Woods.
Source: WJHG - July 2026Civic
Panama City approves 12-month moratorium on AI data centers
Panama City commissioners unanimously approved a 12-month pause on AI data centers in certain areas, following a six-month restriction adopted by Bay County the prior week. The city said it will use the period to study data center operations and revisit how they fit into local zoning and land-use rules.
What it may mean for the marketA temporary pause shapes where data centers can locate while the city reviews zoning and land-use standards. The project is about 8 miles south of Derby Woods, elsewhere in Bay County.
Source: WJHG News Channel 7 - June 2026Development
Panama City commissioners approve Community Development District for 1,800-home neighborhood
Panama City commissioners approved a Community Development District for a planned neighborhood of about 1,800 homes east of John Pitts Road in north Panama City. Under the CDD, road maintenance within the neighborhood stays with the district rather than transferring to the city.
What it may mean for the marketA new large-scale residential district adds housing supply and internally maintained streets to the north Panama City market. The project is about 5 miles southeast of Derby Woods, elsewhere in Bay County.
Source: WJHG News Channel 7
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
What it really costs to own in Derby Woods
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 $3,735/yr across 8 listings here (MLS tax records, 2026-10-20). |
|---|---|
| HOA dues | MLS listings here mostly enter dues as billed annually, but the median entry is only $150/year across 6 listings (2026-10-20), which usually means a quarterly or monthly amount was entered as annual. Ask the association for the current dues. |
| 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 1988 across 12 listings. An original roof here would be about 38 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. |
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Ask an agent about Derby Woods
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Frequently Asked Questions
What is the median home price in Derby Woods?
How long do homes in Derby Woods take to sell?
How many homes are in Derby Woods?
What share of Derby Woods is owner-occupied?
When were the homes in Derby Woods built?
Have Derby Woods home prices gone up?
Who is the best real estate agent for Derby Woods?
How do I find a top Lynn Haven real estate agent who knows Derby Woods?
Can Momentum Realty connect me with an agent for Derby Woods?
Where is Derby Woods, and what county is it in?
Is Derby Woods a good place to live?
Should you buy in Derby Woods?
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 20, 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 (2 streets, ZIP 32404/32444)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (183 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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- Home values · What homes in Derby Woods actually sell for