Green Gables
Homes for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,900 · 165 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 November 2026, Green Gables Amended in Panama City, FL has 1 home for sale. As of November 2026, the MLS records 3 closed sales in Green Gables Amended in Panama City, FL since 2016, the most recent in February 2025. Across Panama City as a whole, 371 homes closed in the last 12 months at a median of $300,000, 84 median days on market. At that median and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,680 ($3,200 with the full homestead exemption).
Green Gables Amended is a small, established pocket of Panama City in Bay County, and the current MLS picture shows no community amenities tied to the listings we track — no clubhouse, pool, or HOA-run feature set driving buyer interest here. That means value in this community is set almost entirely by the individual home: lot, square footage, condition, and location within the neighborhood, not by shared infrastructure.
For a seller, that puts the burden on presentation and pricing the specific property rather than leaning on a community brand. For a buyer, it means you are evaluating each listing largely on its own merits — this is not a place where an amenity package inflates or anchors price across the board.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Green Gables Amended sits within Panama City proper in Bay County, an established, amenity-light neighborhood where home value is driven by the individual property rather than shared community features.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Green Gables is best for.
Best for
- A buyer focused on a specific home's condition and lot rather than a shared amenity package
- A buyer prioritizing a Panama City, Bay County location over community-level features
- A buyer comfortable evaluating each listing independently without leaning on neighborhood-wide perks
Probably not for
- A buyer who wants a clubhouse, pool, or other maintained community amenity as part of the purchase
- A buyer who wants an HOA to handle common-area upkeep and cannot confirm one exists here
- A buyer who wants a community brand or amenity story to support future resale marketing
The market around Green Gables
Green Gables is too small for its own price trend, so here is the market around it.
In ZIP 32401, 145 homes are on the market and 15% are under contract — a slower corner of Panama City.
Across Bay County, 2,515 homes are active and 528 pending (17% under contract).
In ZIP 32401 (Panama City), 26 homes closed in the last 12 months at a median of $197K, with a median 73 days on market. Right now 23 active and 2 pending listings put supply at about 10.6 months — a soft market. See the live ZIP 32401 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Green Gables specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Green Gables
Live MLS inventory for Green Gables. 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 Green Gables listings as of 2026-11-11, 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.
The Green Gables buying strategy.
If we were buying in Green Gables 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 Green Gables.
A neighborhood without a marketed amenity
Current MLS data for Green Gables Amended does not surface any identified community amenities — no clubhouse, recreational facility, or maintained common area tied to active or recent listings. For an established Panama City neighborhood, that is not unusual; it simply means the appeal of this community rests on its location within the city and on the individual homes themselves, not on a package of shared perks.
That has practical implications for both sides of a transaction. Sellers should not expect an amenity story to help move a listing — the property itself, its condition, and its price positioning have to do the work. Buyers evaluating Green Gables Amended should approach it as a location-and-home decision, and confirm any deed restrictions, association obligations, or lack thereof directly, since none are evident from the current MLS feed.
The location and the amenities are priced into every listing in Green Gables. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood like Green Gables Amended, where the MLS shows no packaged amenities to lean on, pricing and positioning come down to comparable homes and current conditions inside Bay County — not a community brochure. We track what is actually listed and sold in this specific footprint so you are pricing or offering against real, current data rather than assumptions carried over from larger, amenity-driven communities nearby.
Green Gables 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 Green Gables 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 Green Gables sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Green Gables, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Green Gables home worth?
Get a no-obligation home value based on real comparable sales in Green Gables, 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 →
Should you buy in Green Gables?
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 11, 2026) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2016 (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.
Recent Developments in Green Gables Amended
Development, infrastructure, retail, and school activity affecting Green Gables Amended, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
Panama City rejects marina bids and will rebuild West Basin in phases
The city rejected all bids earlier this month for the 49-slip West Basin and will rebid in phases focused on wet slips. The boat ramp has been redesigned and will come later. Phase One construction could start within 90 days of selecting a contractor.
What it may mean for the marketA slower, phased marina rebuild delays new downtown waterfront boating capacity but keeps the project moving toward construction. The site is about 4 miles west of Green Gables Amended.
Source: WJHG - October 2026Development
Tyndall Air Force Base rebuild continues with about 140 new facilities
WJHG reports Tyndall AFB is rebuilding with roughly 140 new hurricane-resistant facilities after Hurricane Michael in 2018, and now hosts F-35 squadrons. Most current projects are expected to finish by 2027, while other buildings await congressional funding and the work has faced labor and budget constraints.
What it may mean for the marketContinued base construction and F-35 operations sustain military and contractor employment and construction activity in the eastern Bay County area. The site is about 6 miles south of Green Gables Amended.
Source: WJHG - 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 northwest of Green Gables Amended.
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 site is about 4 miles west of Green Gables Amended.
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 5 miles west of Green Gables Amended.
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 site is about 4 miles west of Green Gables Amended.
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.
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 Green Gables Amended fits the bigger picture — live prices, inventory, and Momentum Scores:
Email me new listings in Green Gables
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 Green Gables
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Green Gables will answer, and the answer is published on this page for the next buyer.
Common questions about Green Gables
Where is Green Gables?
Green Gables is a community in Panama City, Bay County, Florida, ZIP 32401.
Are there homes for sale in Green Gables right now?
Yes — 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Green Gables have an HOA or CDD?
No HOA is on record for Green Gables in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.