Kings Point
Homes for Sale in Panama City, FL

Kings Point market snapshot (as of September 20, 2026): the median sale price is about $654K, and a median 62 days on market for closed sales. The trailing-12-month median is up 13% from the prior 12 months and up 134% since 2012, computed from record-level CPAR MLS closed sales (17 closings in the current window).

In ZIP 32405 (Panama City), 697 homes closed in the last 12 months at a median of $280K, down 6.8% year over year, with a median 56 days on market. Right now 202 active and 86 pending listings — a balanced market. See the live ZIP 32405 housing market and the Bay County market.

County records show 4 qualified sales in Kings Point across 2024–2025 (3 in 2024, 1 in 2025), median $475,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Kings Point is a community of 104 homes in Panama City, Bay County, built between 1929 and 2023 (median 1979.0), with a median living area of about 2,717 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Kings Point is an established Panama City section built out mostly with larger, older homes rather than a single builder era, which puts condition and updates — more than location alone — at the center of any pricing conversation here.

With homes dating from 1929 to as recent as 2024 and a median build year of 1986, Kings Point is not a uniform-vintage community. Some blocks carry original construction with decades of updates layered in, others hold newer infill. That range means two homes at the same address on paper — same bedroom count, same lot size — can differ substantially in mechanical age and finish level, which is the single biggest driver of where a sale lands relative to the $601,000 median.

The 73.5% homestead share is notable: nearly three-quarters of homes here are owner-occupied primary residences rather than investment or seasonal holdings, which tends to correlate with steadier turnover and fewer forced-sale price swings. Appreciation has been gradual and sustained rather than spiking — up 3.6% over the past year and roughly 110% since 2012 — consistent with a community that changes hands in a slow, low-drama way. No specific community amenities are listed in current MLS data, so any pool, clubhouse, or recreational feature would need to be verified property by property rather than assumed as a neighborhood-wide draw.

In a community where condition and age drive price more than location does, the value of a local read is in knowing which updates matter and which comps actually compare. With only 17 recent closings to work from, we pull the right comparables, flag what a home's build year and square footage are really telling you about deferred maintenance, and help you price or offer with that context instead of the median alone.