Forest Hills Tennis Villas
Homes for Sale in Panama City Beach, FL

Community in Panama City Beach · Bay County · ZIP 32407
Median sale $240K
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Built fromLive cpar data14 years of closingsUpdated twice daily
Live · Forest Hills Tennis Villas Housing Pulse cpar + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$240K
Median sold · 12 mo
93.5%
Sale vs ask
Bay median: 94.4%
Tempo
30days
Median DOM · closed
15 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Forest Hills Tennis Villas is a small, thinly traded corner of the Panama City Beach market, and the numbers reflect that. With only three closings in the current window, the $240,000 median price is a real data point but not a statistically deep one — one unusual sale can move it more than it would in a larger community.

A median of 30 days on market says pricing here is tracking close to what buyers are actually willing to pay right now. For sellers, that means realistic list prices move; for buyers, it means there is not a lot of room to lowball and expect a quick response given how few units are transacting at any given time.

The 60-Second Overview

Forest Hills Tennis Villas market snapshot (as of July 28, 2026): the median sale price is about $240K, and a median 30 days on market for closed sales.

Forest Hills Tennis Villas is a compact villa-style community in Panama City Beach, Bay County, where sales volume is low enough that each closing carries more weight in reading the market than it would in a larger subdivision.

Best for

  • A buyer looking for a villa-style property in Panama City Beach around the mid-$240,000 range.
  • A seller comfortable pricing against a thin but current comparable set.
  • A buyer or investor who will independently confirm unit-specific features and any community amenities before writing an offer.

Probably not for

  • A buyer who wants a deep, multi-year sales history to lean on before deciding.
  • Someone who assumes tennis or other amenities are included based on the community name alone.
  • A buyer who needs a wide range of active listings to compare before committing.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 28 of each year, from record-level cpar closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($240K) IS the median in the snapshot above.

Windows contain 0 to 4 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.

Homes sold per 12-mo window
02420122014201620182020202220242026
0 to 4 a year; 3 in the current window.

If we were buying in Forest Hills Tennis Villas today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Forest Hills Tennis Villas.

Best Buy
Buyers or sellers comfortable transacting in a low-volume community where recent data is limited.
Biggest Risk
Only three closings in the window means the median price can swing with the next sale.
Sweet Spot
A buyer or seller who wants a straightforward villa-style purchase or sale near the mid-$240,000 range.
Avoid If
You need a deep sales history or confirmed shared amenities before making a decision.

A small sample, read carefully

With just three closings in the tracked window, this is not a community where you can lean on trend lines or month-over-month comparisons. The $240,000 median gives a snapshot of where recent transactions landed, but buyers and sellers should treat it as a reference point rather than a firm ceiling or floor — condition, unit size, and location within the community can all shift an individual sale meaningfully.

Current MLS listings for the community do not identify specific shared amenities, so buyers evaluating a unit here should confirm directly what, if anything, is included with ownership rather than assuming based on the community name. That kind of verification matters more in a low-volume market like this one, where there is less public transaction history to cross-reference against.

The location and the amenities are priced into every listing in Forest Hills Tennis Villas. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community with this little transaction volume, pricing a listing or evaluating an offer takes more than pulling a median — it takes knowing which of the three recent closings are actually comparable to the unit in question. We do that work directly rather than relying on automated estimates that were never built for markets this thin.

Forest Hills Tennis Villas in 15 seconds.

Best forBuyers or sellers comfortable transacting in a low-volume community where recent data is limited.
Biggest advantageA median of 30 days on market suggests current pricing is landing close to what buyers will pay.
Biggest riskOnly three closings in the window means the median price can swing with the next sale.
Sweet spotA buyer or seller who wants a straightforward villa-style purchase or sale near the mid-$240,000 range.
Avoid ifYou need a deep sales history or confirmed shared amenities before making a decision.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Forest Hills Tennis Villas sales matched to your home.

What is your Forest Hills Tennis Villas home worth?

Get a no-obligation home value based on real comparable sales in Forest Hills Tennis Villas, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Forest Hills Tennis Villas?
The median sale price in Forest Hills Tennis Villas was $240K over the 12 months ending July 28, 2026 (3 closed sales, cpar).
How long do homes in Forest Hills Tennis Villas take to sell?
Homes that closed in the 12 months ending July 28, 2026 took a median 30 days on market (3 sales, cpar).
Who is the best real estate agent for Forest Hills Tennis Villas?
The best agent for Forest Hills Tennis Villas is one who actively works Panama City Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Forest Hills Tennis Villas.
How do I find a top Panama City Beach real estate agent who knows Forest Hills Tennis Villas?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Forest Hills Tennis Villas and the wider Panama City Beach area.
Can Momentum Realty connect me with an agent for Forest Hills Tennis Villas?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forest Hills Tennis Villas purchase or sale - no call center and no pressure.
A buyer looking for a villa-style property in Panama City Beach around the mid-$240,000 range.Excellent fit
A seller comfortable pricing against a thin but current comparable set.Excellent fit
A buyer or investor who will independently confirm unit-specific features and any community amenities before writing an offer.Excellent fit
A buyer who wants a deep, multi-year sales history to lean on before deciding.Probably not
Someone who assumes tennis or other amenities are included based on the community name alone.Probably not
A buyer who needs a wide range of active listings to compare before committing.Probably not

Data sources & freshness

Community market statscpar closed sales, 12-month windows ending July 28, 2026
Historical depthClosed-sale records back to 2012 (22 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

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