Glenwood
Homes for Sale in Panama City, FL
All 253 homes for sale in Panama City, FL · median $349,000 · 121 homes for sale in 32401 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of September 2026, Glenwood Addition in Panama City, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $225,000, a median 76 days on market, sellers accepting 94% of original asking (-10% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $2,760 ($2,280 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32401, 32406 |
|---|---|
| Sale prices, last 12 months | $225,000 median across 5 closed sales · -10.0% vs the prior 12 months |
| Days on market (closed sales) | 76 median |
| For sale right now | 1 active, 0 pending · median asking $209,000 |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Glenwood Addition key facts,” movewithmomentum.com/neighborhoods/glenwood-addition, data as of September 20, 2026.
Last 30 days in Glenwood: 2 new listings (median asking $224,500). As of September 29, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Glenwood Addition prices off of age and condition more than anything else. With a median year built of 1960 inside a build range stretching back to 1900 and up through 2024, this is a pocket where a full renovation, an untouched original, and a recent infill build can all sit on the same block — and the spread in what buyers will pay for each is wide. At a median of $225,000 and a modest median living area of 1,359 square feet, this reads as an entry-level or value price point relative to the broader Panama City market.
The current posture favors buyers willing to be patient. Median days on market of 110 means listings are sitting well past the first month, and the -7.2% year-over-year change points to softening, not appreciation. With only five closings in the tracking window, treat any single data point here as a signal, not a certainty — this is a low-volume market where one or two sales can move the median. Sellers should price to the comp, not the calendar; buyers have room to negotiate on condition and terms.
Glenwood right now
🔴 Off the recent peak. The trailing-12-month median ($225K) is down 10.0% from the prior 12 months ($250K). With about 3 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 (5 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 30, 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
Glenwood market snapshot (as of September 20, 2026): the median sale price is about $225K, and a median 76 days on market for closed sales. The trailing-12-month median is down 10% from the prior 12 months, computed from record-level CPAR MLS closed sales (5 closings in the current window).
In ZIP 32401 (Panama City), 337 homes closed in the last 12 months at a median of $307K, up 0.5% year over year, with a median 62 days on market. Right now 166 active and 29 pending listings — a buyer's market. See the live ZIP 32401 housing market and the Bay County market.
CPAR sales records identify 5 homes in Glenwood that have changed hands, built between 1981 and 2026 (median 2026), with a median living area of about 1,137 sq ft and a typical 3-bedroom, 2-bath layout. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Glenwood Addition is an older, established section of Panama City where housing stock spans more than a century of construction, and current market activity is thin enough that pricing should be read house-by-house rather than off a single neighborhood average.
Who Glenwood is best for.
Best for
- Buyers with a renovation budget who want an older home shell at a lower entry price and plan to invest in updates over time.
- Buyers comfortable with a longer selling and negotiating timeline who want leverage on price given current days-on-market data.
- Investors evaluating a market where non-homestead ownership already represents a meaningful share of the housing stock.
Probably not for
- Buyers who want a move-in-ready home with no condition unknowns, given the wide build-year spread.
- Buyers expecting near-term price appreciation, given the current year-over-year decline.
- Buyers who want built-in community amenities, since none are identified from current listings.
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 ($225K) IS the median in the snapshot above, and the move from 2025 ($250K) IS the -10.0% one-year change.
Windows contain 0 to 7 sales each (5 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.
14% of homes for sale in ZIP 32401 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 (2026-09-30).
Glenwood Market Scorecard
Glenwood is currently a balanced market., a median asking price of $209,000, and homes go under contract in about 12 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.
Housing distress & ownership in Glenwood Addition, 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.
Homes For Sale Right Now in Glenwood
Live MLS inventory for Glenwood. 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 Glenwood listings as of 2026-09-30, 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.
Every Home for Sale in Glenwood Addition Right Now (2)
All 2 active and pending Glenwood Addition listings with a detail page, newest first, refreshed twice a day from the MLS.
- 707 E 10th Court, Panama City, Fl 32401 · $240,000 · 3 bd / 2 ba · listed Sep 24, 2026 · listed by Keller Williams Success Realty
- 1003 E 8th Street, Panama City, Fl 32401 · $209,000 · 3 bd / 2 ba · listed Sep 10, 2026 · listed by EXP Realty LLC
The Glenwood buying strategy.
If we were buying in Glenwood 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 Glenwood.
A wide build range, a narrow deal flow
The defining fact about Glenwood Addition is its build-year range: homes from 1900 sit alongside homes finished as recently as 2024, with the median landing at 1960. That is a 124-year span in a single named community, and it means condition and renovation history matter more here than in newer, more uniform subdivisions. Two homes at the same price point can represent very different levels of updated systems, roofing, and finish work — inspection and disclosure review carry real weight in this community.
Volume is the second thing to understand before setting expectations. With 867 homes in the area but only five closings in the current window, Glenwood Addition is not a high-turnover market. A homestead share of 37.2% suggests a meaningful mix of owner-occupied and non-homestead (investment or secondary) ownership, which can affect how quickly a given house comes to market and how it's priced when it does. No community amenities are identified from current MLS listings, so this is a market to evaluate on the home and lot themselves, not on shared facilities.
The location and the amenities are priced into every listing in Glenwood. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume, wide-condition-spread market like this one, pricing a listing or evaluating an offer off a handful of comparable sales takes local judgment, not just an automated pull. We walk the build history, the renovation record, and the current five-closing window with you so you know whether a number reflects the market or one outlier sale.
Glenwood 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 Glenwood 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 Glenwood sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Glenwood, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Glenwood home worth?
Get a no-obligation home value based on real comparable sales in Glenwood, 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 Glenwood Addition
Homes in Glenwood Addition 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.
- 709 E 10th Court · off market
Frequently Asked Questions
What is the median home price in Glenwood?
How long do homes in Glenwood take to sell?
Who is the best real estate agent for Glenwood?
How do I find a top Panama City real estate agent who knows Glenwood?
Can Momentum Realty connect me with an agent for Glenwood?
Where is Glenwood, and what county is it in?
Should you buy in Glenwood?
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 30, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2013 (37 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 Glenwood Addition fits the bigger picture — live prices, inventory, and Momentum Scores:
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