Gates At Sterling Cove
Homes for Sale in Panama City Beach, FL
All 785 homes for sale in Panama City Beach, FL · median $369,000 · 365 homes for sale in 32408 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $236,500, a median 25 days on market, sellers accepting 96% of original asking (-6% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $2,900 ($2,420 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32408 |
|---|---|
| Homes in the community | 54 (FL DOR 2025 assessment roll) |
| Years built | 2004–2022 (median 2005.0) |
| Typical living area | 1,356 sq ft (median) |
| Sale prices, last 12 months | $236,500 median across 6 closed sales · -5.5% vs the prior 12 months |
| Days on market (closed sales) | 25 median |
| For sale right now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 43% |
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, “Gates At Sterling Cove key facts,” movewithmomentum.com/neighborhoods/gates-at-sterling-cove, data as of September 20, 2026.
Gates At Sterling Cove is trading with a median price of $243,000, and pricing here is being set almost entirely by condition and unit size rather than by any amenity package, since current MLS listings show none identified for the community. That means two units on the same street can price very differently depending on updates, and buyers should expect the spread to be wide rather than tight.
A median of 15 days on market says demand is moving quickly once a listing is priced correctly, but the year-over-year figure of -6.4% shows the overall price level has softened compared to a year ago. With only 5 closings in the current window, the sample is thin, so any single sale can swing the read on value more than it would in a larger community.
Gates At Sterling Cove right now
🟡 Off the recent peak. The trailing-12-month median ($236K) is down 5.5% from the prior 12 months ($250K). With about 5 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: Low (6 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Nearby homes for sale
No active listings inside Gates At Sterling CoveHomes for Sale in Panama City Beach, FL 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
Gates At Sterling Cove market snapshot (as of September 20, 2026): the median sale price is about $236K, and a median 25 days on market for closed sales. The trailing-12-month median is down 6% from the prior 12 months, computed from record-level CPAR MLS closed sales (6 closings in the current window).
In ZIP 32408 (Panama City Beach), 1,792 homes closed in the last 12 months at a median of $400K, down 0.6% year over year, with a median 75 days on market. Right now 1,195 active and 202 pending listings — a buyer's market. See the live ZIP 32408 housing market and the Bay County market.
County records show 4 qualified sales in Gates At Sterling Cove across 2024–2025 (1 in 2024, 3 in 2025), median $259,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Gates At Sterling Cove is a community of 54 homes in Panama City Beach, Bay County, built between 2004 and 2022 (median 2005.0), with a median living area of about 1,356 square feet. 43% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Gates At Sterling Cove is a Panama City Beach community in Bay County where recent activity has been light, so pricing reflects individual unit condition more than any shared amenity draw.
Who Gates At Sterling Cove is best for.
Best for
- A buyer focused on unit condition and value rather than shared amenities, since none are currently identified from MLS listings here
- A seller prepared to price carefully given the -6.4% year-over-year shift and let a well-presented unit move in roughly 15 days
- An investor or move-up buyer comfortable analyzing a thin dataset of 5 recent closings before setting expectations
Probably not for
- A buyer who wants a resort-style amenity package as part of the purchase decision
- Someone who needs a large, deep comparable set to price or offer with confidence
- A seller expecting the median to track a broader area trend rather than this community's own recent, limited sales
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 ($236K) IS the median in the snapshot above, and the move from 2025 ($250K) IS the -5.5% one-year change.
Windows contain 1 to 10 sales each (6 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.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
11% of homes for sale in ZIP 32408 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 (2026-09-20).
Gates At Sterling Cove Market Scorecard
Gates At Sterling Cove is currently a balanced market..
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.
Housing distress & ownership in Gates At Sterling Cove, Panama City Beach
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.
The Gates At Sterling Cove buying strategy.
If we were buying in Gates At Sterling Cove 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 Gates At Sterling Cove.
A thin market that still moves fast
With just 5 closings in the current window, Gates At Sterling Cove is not a high-volume community right now, and that changes how buyers and sellers should treat the numbers. A median of 15 days on market shows that correctly priced listings are not sitting, but with so few closed sales feeding the data, one unusually high or low sale can move the median more than it would in a community with steadier turnover.
The year-over-year change of -6.4% is worth sitting with rather than reacting to. It reflects where the median has landed compared to a year ago, not a forecast of where it goes next, and in a low-volume community that figure can be shaped as much by which units happened to sell as by any broad shift in demand.
The location and the amenities are priced into every listing in Gates At Sterling Cove. 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 Gates At Sterling Cove 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 (5.5). Basis: Recent Direction -5.5% year-over-year; Owner Commitment 43% owner-occupied; Pricing Power 96.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community with only 5 recent closings, the comparable sales that matter are easy to overlook or misread. We track which units are actually driving the $243,000 median, how tightly (or loosely) condition is spreading pricing, and how the 15-day median days on market lines up with what is currently listed, so an offer or a list price is built on the right handful of data points rather than a stale average.
Gates At Sterling Cove in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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.
Tools for a Gates At Sterling Cove 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 Gates At Sterling Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Gates At Sterling Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Gates At Sterling Cove home worth?
Get a no-obligation home value based on real comparable sales in Gates At Sterling Cove, 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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Recently off market in Gates At Sterling Cove
Homes in Gates At Sterling Cove 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. 1 on record.
- 2108 Sterling Cove Boulevard · off market
Frequently Asked Questions
What is the median home price in Gates At Sterling Cove?
How long do homes in Gates At Sterling Cove take to sell?
How many homes are in Gates At Sterling Cove?
What share of Gates At Sterling Cove is owner-occupied?
When were the homes in Gates At Sterling Cove built?
Who is the best real estate agent for Gates At Sterling Cove?
How do I find a top Panama City Beach real estate agent who knows Gates At Sterling Cove?
Can Momentum Realty connect me with an agent for Gates At Sterling Cove?
Where is Gates At Sterling Cove, and what county is it in?
Is Gates At Sterling Cove a good place to live?
Should you buy in Gates At Sterling Cove?
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: September 17, 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 (1 streets, ZIP 32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2016 (55 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. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Gates At Sterling Cove fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Gates At Sterling Cove
- Home values · What homes in Gates At Sterling Cove actually sell for
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