Magnolia Hills
Homes for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,150 · 404 homes for sale in 32404 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Magnolia Hills in Panama City, FL has 3 homes for sale. Over the 12 months ending 2026-11-11, 4 recorded sales closed at a median of $409,500, a median 22 days on market, sellers accepting 98% of original asking. Homes listed or recently sold were built 2006–2020; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 32 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,030 ($4,540 with the full homestead exemption).
Last 30 days in Magnolia Hills: 1 new listing (median asking $494,900). As of November 13, 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 Magnolia Hills
Live MLS inventory for Magnolia Hills. 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 · 12 daysTop listing
Active · 162 days
Active · 54 daysActive and pending Magnolia Hills listings as of 2026-11-13, 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.
Magnolia Hills right now
🟢 Buyer-leaning market. 9.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of CPAR MLS records, as of November 11, 2026. Confidence: Medium (3 active and pending listings, 4 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 14, 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
Magnolia Hills market snapshot (as of November 11, 2026): the median sale price is about $410K, a median 23 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market.
In ZIP 32404 (Panama City), 223 homes closed in the last 12 months at a median of $275K, with a median 90 days on market. Right now 203 active and 64 pending listings put supply at about 10.9 months — a soft market. See the live ZIP 32404 housing market and the Bay County market.
County records show 7 qualified sales in Magnolia Hills across 2024–2025 (5 in 2024, 2 in 2025), median $370,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Magnolia Hills is a community of 92 homes in Panama City, Bay County, built between 1959 and 2023 (median 2017.5), with a median living area of about 2,564 square feet. 70% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
The setting & the homes.
Aerial and on-site photos of Magnolia Hills. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Magnolia HillsMagnolia HillsMagnolia HillsPhotos from CPAR MLS listings in Magnolia Hills; content deemed reliable but not guaranteed.
Magnolia Hills 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 Magnolia Hills buying strategy.
If we were buying in Magnolia Hills 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.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
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 Magnolia Hills.
A closer look at the Magnolia Hills market
Homes in Magnolia Hills trade around a median of $410K, where condition and lot do more to set the final number than the asking price does.
Inventory runs at 9.0 months of supply, a buyer-leaning market. Homes that do trade take a median 23 days on market, useful leverage on any listing that has lingered.
The housing stock is 92 homes built between 1959 and 2023, and 70% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.
The location and the amenities are priced into every listing in Magnolia Hills. 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 Magnolia Hills 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 (5.6). Basis: Liquidity & Demand 9.0 months of supply; Owner Commitment 70% owner-occupied; Pricing Power 97.9% sale-to-list. Refreshed with each data update.
Tools for a Magnolia Hills 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 Magnolia Hills sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Magnolia Hills, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Magnolia Hills home worth?
Get a no-obligation home value based on real comparable sales in Magnolia Hills, 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 Magnolia Hills
Homes in Magnolia Hills 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. 3 on record.
- 3201 Lindsey Street · off market
- 3217 Caitlin Street · off market
- 3953 Alva Thomas Road · off market
| Location | Panama City, Bay County, FL · ZIP 32404 |
|---|---|
| Homes in the community | 92 (FL DOR 2025 assessment roll) |
| Years built | 1959–2023 (median 2017.5) |
| Typical living area | 2,564 sq ft (median) |
| Sale prices, last 12 months | $409,500 median across 4 closed sales |
| Days on market (closed sales) | 22 median |
| For sale right now | 3 active, 0 pending · median asking $365,000 · 9.0 months of supply |
| Owner-occupied (homestead) share | 70% |
Data 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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Magnolia Hills key facts,” movewithmomentum.com/neighborhoods/magnolia-hills, data as of November 11, 2026.
Housing distress & ownership in Magnolia Hills, 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.
Just listed in Magnolia Hills
The newest homes for sale in Magnolia Hills right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 3814 Whitehead Boulevard, Panama City, FL 32404 $494,900 · 5 bd · 3 ba · listed Nov 2, 2026 Courtesy of Keller Williams Success Realty
- 3702 Haley Lane, Panama City, FL 32404 $135,000 · 3 bd · 2 ba · listed Sep 21, 2026 Courtesy of The Premier Property Group
- 3927 Alva Thomas Road, Panama City, FL 32404 $365,000 · 4 bd · 2 ba · listed Jun 5, 2026 Courtesy of Coldwell Banker Realty
Checked against the MLS nightly. All new listings in this market.
Every Home for Sale in Magnolia Hills Right Now (3)
All 3 active and pending Magnolia Hills listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3814 Whitehead Boulevard, Panama City, Fl 32404 · $494,900 · 5 bd / 3 ba · listed Oct 29, 2026 · listed by Keller Williams Success Realty
- 3702 Haley Lane, Panama City, Fl 32404 · $135,000 · 3 bd / 2 ba · listed Sep 9, 2026 · listed by The Premier Property Group
- 3927 Alva Thomas Road, Panama City, Fl 32404 · $365,000 · 4 bd / 2 ba · listed Aug 15, 2026 · listed by Coldwell Banker Realty
More Panama City home searches
- All homes for sale in Panama City, FL
- Homes for sale in Bay County, FL
- Panama City home values: what is my house worth?
- ZIP 32404 housing scorecard
- 5 coming-soon communities in Bay County
Panama City guides & data
- Market data
- Best neighborhoods (ranked by data)
- Flood zones
- Home insurance cost
- New construction
- ZIP codes
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
- Florida housing market map
- Interactive housing market map (county, ZIP and community)
- Save Our Homes tax estimator
- How to stop a foreclosure in Florida
- Florida documentary stamp tax, explained
- Cheapest places to live in Florida
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What it really costs to own in Magnolia Hills
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,415/yr across 4 listings here (MLS tax records, 2026-11-14). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2012 across 6 listings. An original roof here is about 14 years old: still inside the 15-year window Florida carriers use, but ask for the roof's permit date before you bind coverage. |
Email me new listings in Magnolia Hills
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 Magnolia Hills
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Magnolia Hills will answer, and the answer is published on this page for the next buyer.
21% of homes for sale in ZIP 32404 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 (2026-11-13).
Frequently Asked Questions
What is the median home price in Magnolia Hills?
How long do homes in Magnolia Hills take to sell?
Is Magnolia Hills a buyer's or seller's market right now?
How many homes are in Magnolia Hills?
What share of Magnolia Hills is owner-occupied?
When were the homes in Magnolia Hills built?
Who is the best real estate agent for Magnolia Hills?
How do I find a top Panama City real estate agent who knows Magnolia Hills?
Can Momentum Realty connect me with an agent for Magnolia Hills?
Where is Magnolia Hills, and what county is it in?
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: November 13, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending November 11, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32404)) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (4 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.
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See how Magnolia Hills fits the bigger picture — live prices, inventory, and Momentum Scores: