Nowell Court
Homes for Sale in Panama City, FL

All 257 homes for sale in Panama City, FL · median $349,000 · 114 homes for sale in 32405 · Bay County homes for sale

Community in Panama City · Bay County · ZIP 32405
10 homesBuilt 2005–2005
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Photo via CPAR MLS

Built fromLive CPAR MLS data11 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Nowell Court in Panama City, FL has 1 home for sale. As of October 2026, the MLS records 10 closed sales in Nowell Court in Panama City, FL since 2015, the most recent in July 2026.

Nowell Court key facts
LocationPanama City, Bay County, FL · ZIP 32405
Homes in the community10 (FL DOR 2025 assessment roll)
Years built2005–2005 (median 2005.0)
Typical living area1,669 sq ft (median)
For sale right now1 active, 1 pending · median asking $255,000
Owner-occupied (homestead) share80%

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, “Nowell Court key facts,” movewithmomentum.com/neighborhoods/nowell-court, data as of September 20, 2026.

Live · Nowell Court Housing Pulse CPAR MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
50%
Under contract
Bay: 17% (528 of 3,043)
1 · 1
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
80%
Owner-occupied · Nowell Court
8 of 10 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Nowell Court
incl. 0% trust or LLC-held · 0% out-of-state
10
Homes in the community
10 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 2005
Community established
homes built 2005-2005, median 2005 (FL DOR 2025)
10.0%/yr
Turnover rate
about 1 of 10 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Nowell Court is a small pocket of housing stock built over nearly nine decades, with a median build year of 2005 sitting between older in-fill homes and recent construction. That spread means condition and vintage do more to set price here than any single community-wide feature — a 2020s build and a mid-century home can sit blocks apart with very different maintenance profiles and finishes.

With just under 53% of homes carrying a homestead exemption, close to half the stock is held as a second home, rental, or non-primary property. That's a meaningful signal for buyers: expect more turnover-driven listings and a market where a property's rental or resale history is worth asking about upfront, not assumed from the address alone.

The 60-Second Overview

Nowell Court in Panama City spans homes built from 1936 through 2024, with a median build year of 2005 and a typical living area of 1,706 square feet — a compact, mixed-vintage community rather than a single-era subdivision.

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.

Best for

  • Buyers wanting a compact home near 1,706 square feet without amenity fees attached to the price
  • Investors comparing a market where close to half the homes already sit outside homestead status
  • Buyers open to renovated older construction as an alternative to new-build pricing

Probably not for

  • Buyers who want a subdivision built out in one consistent era with matching floor plans
  • Buyers seeking a clubhouse, pool, or other shared community amenities
  • Buyers unwilling to budget time for individual home inspections given the wide condition range

The market around Nowell Court

Nowell Court is too small for its own price trend, so here is the market around it.

In ZIP 32405, 163 homes are on the market and 23% are under contract — a steady corner of Panama City.

Across Bay County, 2,515 homes are active and 528 pending (17% under contract).

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.

ZIP and county figures describe the wider market, not Nowell Court specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Nowell Court, Panama City

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 17 listings
Distress share trend — 0.0% now (2026-09-14 → 2026-09-19)

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 Nowell Court

Live MLS inventory for Nowell Court. 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 Nowell Court 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 Nowell Court Right Now (2)

All 2 active and pending Nowell Court listings with a detail page, newest first, refreshed twice a day from the MLS.

If we were buying in Nowell Court today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Nowell Court.

Best Buy
Buyers comfortable evaluating homes individually rather than relying on uniform community standards.
Biggest Risk
With no shared amenities and a wide range of vintages, condition varies sharply from one listing to the next.
Sweet Spot
Homes built near the 2005 median, old enough to be settled but past the earliest wave of construction.
Avoid If
You want a community with packaged amenities or a single consistent build era.

A wide build spread, no packaged amenities

The year-built range here — 1936 to 2024 — is unusually wide for a single named community, and it tells you this isn't a tract-built neighborhood with uniform floor plans. Buyers should expect to evaluate each home on its own merits: roof age, systems, and renovation history will vary far more than they would in a community built out in a single decade. At a median of 2005, the middle of the stock is roughly two decades old, old enough that mechanical updates are a fair question on any listing.

There are no community amenities identified from current MLS listings — no clubhouse, pool, or shared recreation to price into value here. That keeps carrying costs simpler (no HOA amenity fees baked in) but also means the appeal of Nowell Court rests on the homes and their Panama City location, not on shared infrastructure. With homestead share just over half, expect a real mix of owner-occupied and investment-held homes moving through the market at any given time.

“

The location and the amenities are priced into every listing in Nowell Court. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A community with an 88-year build spread and no shared amenities rewards careful, home-by-home due diligence over generic neighborhood assumptions. We pull permit history, compare a given listing's vintage against what else has traded nearby, and help you read whether a price reflects a genuinely updated property or simply its address.

Nowell Court in 15 seconds.

Best forBuyers comfortable evaluating homes individually rather than relying on uniform community standards.
Biggest advantageThe build-year spread means motivated sellers of older stock can sit alongside newer construction, widening your options.
Biggest riskWith no shared amenities and a wide range of vintages, condition varies sharply from one listing to the next.
Sweet spotHomes built near the 2005 median, old enough to be settled but past the earliest wave of construction.
Avoid ifYou want a community with packaged amenities or a single consistent build era.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Nowell Court homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Nowell Court.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Nowell Court sales matched to your home.

What is your Nowell Court home worth?

Get a no-obligation home value based on real comparable sales in Nowell Court, 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 →

Real comps, not an automated estimate.
How much local inventory is already under contract

20% of homes for sale in ZIP 32405 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 (2026-09-30).

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.

$2,121/mo
Bay County typical true cost to own
$161/mo
Bay County typical home insurance
Check CDD
Confirm before you offer

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.

Frequently Asked Questions

How many homes are in Nowell Court?
The Florida DOR 2025 assessment roll shows 10 homes in Nowell Court (public records).
What share of Nowell Court is owner-occupied?
80% of Nowell Court parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Nowell Court built?
Homes in Nowell Court were built between 2005 and 2005, with a median year built of 2005.0 (FL DOR 2025 roll).
Who is the best real estate agent for Nowell Court?
The best agent for Nowell Court is one who actively works Panama City and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Nowell Court.
How do I find a top Panama City real estate agent who knows Nowell Court?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Nowell Court and the wider Panama City area.
Can Momentum Realty connect me with an agent for Nowell Court?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Nowell Court purchase or sale - no call center and no pressure.
Where is Nowell Court, and what county is it in?
Nowell Court is in Panama City, Bay County, FL, ZIP 32405. The community's center is about 7 miles northwest of the center of Panama City (straight-line).
Buyers wanting a compact home near 1,706 square feet without amenity fees attached to the priceExcellent fit
Investors comparing a market where close to half the homes already sit outside homestead statusExcellent fit
Buyers open to renovated older construction as an alternative to new-build pricingExcellent fit
Buyers who want a subdivision built out in one consistent era with matching floor plansProbably not
Buyers seeking a clubhouse, pool, or other shared community amenitiesProbably not
Buyers unwilling to budget time for individual home inspections given the wide condition rangeProbably not

Data sources & freshness

Live listingsCPAR MLS, refreshed twice daily (last: October 1, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 32405))
Under-contract sharesCPAR MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (10 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.

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CallFree valuation →
Thinking of selling in Nowell Court? 1 recorded closings (window ending 2026-09-20). See the Bay County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Nowell Court with Momentum Realty’s local guides.

Douglas Road0.3 mi away · 1 for saleHiland Heights0.3 mi away · median $255K, 3 sales/12 moTen Acre Terrace0.4 mi away · 1 for saleHighland City0.5 mi away · median $272K, 16 sales/12 moSt A B Co0.6 mi away · 2 for saleLane Mobile Home Estates U0.6 mi awayPine Wood Grove0.7 mi away · median $240K, 3 sales/12 moBrentwoods0.8 mi away

Browse all neighborhood guides →

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