Mars Hill
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · 302 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 October 2026, Mars Hill in Panama City, FL has 1 home for sale. As of October 2026, the MLS records 58 closed sales in Mars Hill in Panama City, FL since 2021, the most recent in August 2026.
| Location | Panama City, Bay County, FL · ZIP 32404 |
|---|---|
| Homes in the community | 52 (FL DOR 2025 assessment roll) |
| Years built | 2021–2022 (median 2022.0) |
| Typical living area | 2,802 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $514,000 |
| Owner-occupied (homestead) share | 64% |
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; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Mars Hill key facts,” movewithmomentum.com/neighborhoods/mars-hill, data as of September 20, 2026.
Mars Hill is not a community with a deep enough MLS trail right now to lean on statistics. The most recent window shows a single closing, which tells you this is a small, quiet corner of the Panama City market rather than a high-turnover subdivision. That thinness cuts both ways: it means pricing here is set case by case, largely on the condition and specifics of whatever home is actually on the market, not on a broad comparable set.
For a buyer, that means less room to lean on 'the market says' and more need to evaluate the individual property on its own terms. For a seller, it means your listing will likely be judged against a short list of true comparables, if any exist at all, so presentation and pricing strategy matter more than they would in a community with steady closing volume.
The 60-Second Overview
Mars Hill sits in Bay County within Panama City, but current MLS activity here is limited enough that broad market patterns are not yet established.
County records show 4 qualified sales in Mars Hill across 2024–2025 (1 in 2024, 3 in 2025), median $375,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Mars Hill is best for.
Best for
- Buyers focused on a specific available home rather than a broader neighborhood comparison
- Sellers with a unique property who are prepared to price based on condition and direct outreach rather than a competitive set
- Buyers comfortable doing extra diligence given the limited transaction history
Probably not for
- Buyers who want to rely on established neighborhood price trends before making a decision
- Sellers expecting a built-in pool of amenity-driven demand
- Anyone needing a fast, data-backed valuation based on recent local comparables
The market around Mars Hill
Mars Hill is too small for its own price trend, so here is the market around it.
In ZIP 32404, 428 homes are on the market and 30% are under contract — a fast-moving corner of Panama City.
Across Bay County, 2,515 homes are active and 528 pending (17% under contract).
In ZIP 32404 (Panama City), 1,060 homes closed in the last 12 months at a median of $290K, down 3.3% year over year, with a median 58 days on market. Right now 391 active and 146 pending listings — a balanced market. See the live ZIP 32404 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Mars Hill specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Mars Hill, 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 Mars Hill
Live MLS inventory for Mars Hill. 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 Mars Hill listings as of 2026-10-01, 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 Mars Hill Right Now (1)
All 1 active and pending Mars Hill listings with a detail page, newest first, refreshed twice a day from the MLS.
- 5528 Mars Hill Lane, Panama City, Fl 32404 · $514,000 · 5 bd / 4 ba · listed Aug 6, 2026 · listed by Think Real Estate
The Mars Hill buying strategy.
If we were buying in Mars Hill 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 Mars Hill.
A market with a thin trail
With only one closing recorded in the most recent window, Mars Hill does not yet offer the kind of transaction history that supports confident trend-calling. That is not unusual for smaller or less actively traded pockets of a county, but it does change how you should approach either side of a deal here.
No community amenities have been identified from current MLS listings, which suggests this is a straightforward residential setting rather than one built around a clubhouse, pool, or other shared feature. Buyers should verify any amenities directly with a specific listing rather than assuming standard subdivision extras, and sellers should not market amenities that are not documented.
The location and the amenities are priced into every listing in Mars Hill. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a community has this little MLS activity to draw on, the value of local, listing-by-listing knowledge goes up. We track what is actually available in Mars Hill in real time and pull comparables from the closest relevant activity in Bay County, rather than forcing conclusions from a data set that is not there.
Mars Hill in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $48/month (about $576/yr) · median of 20 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $48 per month ($576 a year) — the median AssociationFee across 20 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
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 Mars Hill 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 Mars Hill sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Mars Hill, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Mars Hill home worth?
Get a no-obligation home value based on real comparable sales in Mars Hill, 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 Mars Hill
Homes in Mars Hill 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.
- 5542 Mars Hill Lane · off market
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
24% 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 (2026-10-02).
Frequently Asked Questions
How many homes are in Mars Hill?
What share of Mars Hill is owner-occupied?
When were the homes in Mars Hill built?
Who is the best real estate agent for Mars Hill?
How do I find a top Panama City real estate agent who knows Mars Hill?
Can Momentum Realty connect me with an agent for Mars Hill?
Where is Mars Hill, and what county is it in?
Should you buy in Mars Hill?
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: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32404)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2021 (58 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.
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 Mars Hill fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Mars Hill with Momentum Realty’s local guides.