Olde Towne Village
Homes for Sale in Panama City, FL

Olde Towne Village market snapshot (as of September 20, 2026): the median sale price is about $290K, and a median 90 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level CPAR MLS closed sales (9 closings in the current window).

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.

County records show 14 qualified sales in Olde Towne Village across 2024–2025 (7 in 2024, 7 in 2025), median $294,500 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Olde Towne Village is a community of 168 homes in Panama City, Bay County, built between 2016 and 2022 (median 2017.0), with a median living area of about 2,054 square feet. 66% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

A 319-home community in Panama City (Bay County) with a construction history spanning over three decades, Olde Towne Village skews toward newer builds by median year, even though the range reaches back to the mid-1980s.

A market heat score of 24 puts Olde Towne Village on the cooler end — this is not a community where homes move fast or where sellers can expect quick, competitive offers. Median days on market of 103 confirms it: buyers here have room to be selective, and sellers need pricing and presentation to carry the listing rather than momentum.

Year-over-year, price is up 3.9%, a modest gain that lines up with a slow-and-steady market rather than a hot one. Median living space runs 2,070 square feet, and with build years ranging from 1986 to 2022, buyers touring the community will see real variation in finish level and system age — this is a place where a home inspection does real work. The 64.6% homestead share indicates a majority of owner-occupied homes, which typically correlates with lower turnover and more consistent upkeep across the community, though it is not a guarantee for any individual property.

With only 8 recent closings and a build-year spread this wide, pricing a home in Olde Towne Village correctly takes more than a comp sheet — it takes someone who can weigh construction era, square footage, and condition against a thin data set. We walk that math with clients on both sides of the transaction, so offers and list prices reflect what is actually happening in the community, not a citywide average.

Listings in this community report association dues of about $55 per month ($660 a year) — the median AssociationFee across 80 MLS records, normalised to a monthly figure; most are billed quarterly. 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.