Horizon South
Condos for Sale in Panama City Beach, FL
All 726 homes for sale in Panama City Beach, FL · median $369,000 · 686 condos for sale in Panama City Beach · 667 homes for sale in 32413 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Horizon South in Panama City Beach, FL has 13 homes for sale and 3 pending, asking from $199,000 to $289,000 (median $255,000). Homes listed or recently sold were built 1983–1997; 16 of 16 report an HOA (median $628/mo); none of the 16 geocoded homes sit in a FEMA special flood hazard zone (median elevation 30 ft).
Sections of Horizon South in the MLS
Horizon South in Panama City Beach, FL is recorded as 4 separate subdivisions/phases in the MLS; 3 homes are for sale across them today. Each section has its own page:
- Horizon South Xiv · 2 for sale
- Horizon South Xii · 1 for sale
- Horizon South Xix
- Horizon South Xxi
Last 30 days in Horizon South: 2 new listings (median asking $237,850), 3 under contract right now. As of November 11, 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 Horizon South
Live MLS inventory for Horizon South. 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 · 151 daysTop listing
Active · 115 days
Active · 209 days
Active · 174 days
Active · 0 days
Active · 582 days
Active · 95 days
Active · 95 days
Active · 145 days
Active · 53 days
Active · 10 days
Active · 35 days
Active · 85 daysActive and pending Horizon South 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.
Horizon South is pricing at a median of $222,000 right now, and the year-over-year move — down 14.6% — tells you this is a market correcting off a much hotter run, not one building momentum. Since 2012 the community is still up 161%, so the long arc is intact; it is the last twelve months that have softened.
A median 62 days on market and a market heat score of 23 point to a buyer's posture: low urgency, real room to negotiate, and sellers who need to price to current conditions rather than last year's comps. With only 16 closings in the window, this is a thin data set — treat any single comp with caution and lean on a broker who is watching it closing by closing.
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
Horizon South is a Panama City Beach community in Bay County where pricing has pulled back meaningfully from its recent peak while remaining well above 2012 levels, and where the current pace favors buyers willing to negotiate on time and terms rather than chase a moving market.
Flood zones in Horizon South: of 12 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Panama City Beach.
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.
The setting & the homes.
Aerial and on-site photos of Horizon South. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Horizon SouthHorizon SouthHorizon SouthHorizon SouthHorizon SouthHorizon SouthHorizon SouthHorizon SouthPhotos from CPAR MLS listings in Horizon South; content deemed reliable but not guaranteed.
Who Horizon South is best for.
Best for
- Buyers prioritizing a lower purchase price over community amenities
- Buyers with a flexible closing timeline who can wait through a slower-moving market
- Buyers comfortable negotiating in a market with limited recent comps
Probably not for
- Buyers who want confirmed shared amenities included with the purchase
- Buyers expecting a fast-moving, competitive-offer environment
- Buyers who need a large, well-established comp set to price with confidence
The market around Horizon South
Horizon South is too small for its own price trend, so here is the market around it.
Across Bay County, 2,406 homes are active and 434 pending (15% under contract).
ZIP and county figures describe the wider market, not Horizon South specifically. Momentum Research analysis of MLS records.
Horizon South 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 Horizon South buying strategy.
If we were buying in Horizon South 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 Horizon South.
A market resetting after a run up
The math here is straightforward: a 161% gain since 2012 built in a lot of cushion, and the 14.6% pullback over the past year is best read as a give-back within that longer trend rather than a collapse. At a $222,000 median, this remains an entry point well below many coastal Bay County communities, which is part of why the long-run appreciation number is so large relative to the current base.
The low closings count (16 in this window) combined with a market heat score of 23 means the data is thin and the market itself is quiet. That combination cuts both ways for a buyer — less competition and more negotiating room, but also fewer comps to lean on when it comes time to make an offer. Because no specific community amenities are currently identified from MLS listings, buyers should verify directly what, if anything, comes with a given listing rather than assume shared amenities are part of the package.
The location and the amenities are priced into every listing in Horizon South. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community running only 16 closings and a heat score in the low 20s, pricing accuracy depends on reading each transaction individually rather than trusting a broad trend line. We track Horizon South closing by closing so you are negotiating off what is actually happening on the ground, not a stale year-ago comp.
Horizon South in 15 seconds.
Tools for a Horizon South 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 Horizon South sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Horizon South, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Horizon South home worth?
Get a no-obligation home value based on real comparable sales in Horizon South, 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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Should you buy in Horizon South?
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 2026-11-11 |
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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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.
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See how Horizon South fits the bigger picture — live prices, inventory, and Momentum Scores: