Palmetto Trace
Homes for Sale in Panama City Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Palmetto Trace in Panama City Beach, FL has 9 homes for sale and 3 pending, asking from $299,900 to $685,000 (median $459,900). Over the 12 months ending 2026-11-11, 6 recorded sales closed at a median of $442,250, a median 110 days on market, sellers accepting 91% of original asking. Homes listed or recently sold were built 2003–2006; 12 of 12 report an HOA (median $85/mo); none of the 12 geocoded homes sit in a FEMA special flood hazard zone (median elevation 28 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $5,430 ($4,940 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32413 |
|---|---|
| Homes in the community | 344 (FL DOR 2025 assessment roll) |
| Years built | 2002–2010 (median 2005.0) |
| Typical living area | 2,000 sq ft (median) |
| Home types (current listings and sales) | singlefamilyresidence 67%, attached 33% |
| Sale prices, last 12 months | $442,250 median across 6 closed sales |
| Days on market (closed sales) | 110 median |
| For sale right now | 9 active, 3 pending · median asking $459,900 · 18.0 months of supply |
| Owner-occupied (homestead) share | 59% |
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, “Palmetto Trace key facts,” movewithmomentum.com/neighborhoods/palmetto-trace--bay, data as of November 11, 2026.
Last 30 days in Palmetto Trace: 1 new listing (median asking $685,000), 3 under contract right now. 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.
Homes For Sale Right Now in Palmetto Trace
Live MLS inventory for Palmetto Trace. 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 · 28 daysTop listing
Active · 292 days
Active · 70 days
Active · 33 days
Active · 810 days
Active · 197 days
Active · 43 days
Active · 115 days
Active · 103 daysActive and pending Palmetto Trace listings as of 2026-11-11, 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 Palmetto Trace Bay Right Now (12)
All 12 active and pending Palmetto Trace Bay listings with a detail page, newest first, refreshed twice a day from the MLS.
- 213 Biltmore Place, Panama City Beach, Fl 32413 · $685,000 · 4 bd / 3 ba · listed Oct 13, 2026 · listed by Keller Williams Success Realty
- 222 Middleburg Drive, Panama City Beach, Fl 32413 · $469,900 · 3 bd / 2 ba · listed Oct 9, 2026 · listed by Top Producers Real Estate Group
- 1 Park Place, Panama City Beach, Fl 32413 · $319,000 · 2 bd / 2 ba · listed Sep 22, 2026 · listed by Anchor Realty Florida
- 218 Biltmore Place, Panama City Beach, Fl 32413 · $475,000 · 4 bd / 2 ba · pending · listed Sep 19, 2026 · listed by CENTURY 21 Ryan Realty Inc
- 513 Bainbridge Street, Panama City Beach, Fl 32413 · $475,000 · 4 bd / 3 ba · pending · listed Sep 11, 2026 · listed by World Impact Real Estate
- 71 Park Place, Panama City Beach, Fl 32413 · $294,000 · 2 bd / 2 ba · pending · listed Aug 21, 2026 · listed by World Impact Real Estate
- 249 Oxford Avenue, Panama City Beach, Fl 32413 · $505,500 · 3 bd / 2 ba · listed Aug 14, 2026 · listed by Counts Real Estate Group Inc
- 503 Bainbridge Street, Panama City Beach, Fl 32413 · $514,485 · 4 bd / 2 ba · listed Aug 13, 2026 · listed by Anchor Realty Florida
- 207 Windsor Way, Panama City Beach, Fl 32413 · $459,900 · 3 bd / 2 ba · listed Aug 13, 2026 · listed by Virga Realty Inc
- 232 Middleburg Drive, Panama City Beach, Fl 32413 · $450,000 · 3 bd / 2 ba · listed Aug 13, 2026 · listed by eXp Realty, LLC
- 43 Park Place, Panama City Beach, Fl 32413 · $312,000 · 2 bd / 2 ba · listed Aug 13, 2026 · listed by Think Real Estate
- 103 Park Place, Panama City Beach, Fl 32413 · $299,900 · 2 bd / 2 ba · listed Aug 13, 2026 · listed by Anchor Realty Florida
Palmetto Trace prices around a median of $435,000, and the story here is age and size, not amenities. With a median year built of 2003 and a median living area just over 2,000 square feet, buyers are paying for established construction and workable floor plans rather than a clubhouse or gate — MLS data shows no community amenities tied to this neighborhood.
A market heat score of 51 puts this squarely in balanced territory, and a median 42 days on market backs that up: homes here move at a normal pace, not on urgency. With 19 closings in the most recent window against a base of 210 homes, there's enough turnover to read the market clearly, but not so much that pricing gets bid up. Year-over-year movement of 3.6% is modest, steady appreciation — not a spike, not a stall.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Palmetto Trace right now
🟢 Buyer-leaning market. 18.0 months of supply and 25% 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: High (12 active and pending listings, 6 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated November 11, 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
Palmetto Trace market snapshot (as of November 11, 2026): the median sale price is about $442K, a median 111 days on market for closed sales, and 18.0 months of supply, a buyer-leaning market.
Palmetto Trace is a community of 344 homes in Panama City Beach, Bay County, built between 2002 and 2010 (median 2005.0), with a median living area of about 2,000 square feet. 59% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Built out mainly between 2002 and 2007, Palmetto Trace is a Panama City Beach community of 210 homes where the housing stock has settled into a consistent, mid-2000s profile rather than a mix of eras.
The setting & the homes.
Aerial and on-site photos of Palmetto Trace. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Palmetto TracePalmetto TracePalmetto TracePalmetto TracePalmetto TracePalmetto TracePalmetto TracePalmetto TracePhotos from CPAR MLS listings in Palmetto Trace; content deemed reliable but not guaranteed.
Who Palmetto Trace is best for.
Best for
- Buyers targeting a home built in the early-to-mid 2000s with a straightforward, single-era construction profile
- Buyers comfortable with a no-frills community and willing to invest in updates rather than shared amenities
- Buyers working with a budget centered near the $435,000 median who want steady, moderate market pace rather than competitive bidding
Probably not for
- Buyers who require resort-style or gated amenities as part of the purchase decision
- Buyers looking for brand-new construction or a wide range of build years to choose from
- Buyers expecting rapid turnover or high competitive urgency, given the 42-day median time on market
Housing distress & ownership in Palmetto Trace, Panama City Beach
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.
Palmetto Trace 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 Palmetto Trace buying strategy.
If we were buying in Palmetto Trace 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 Palmetto Trace.
Consistent Construction Era, Steady Demand
The tight build window — 2002 to 2007 — means most homes in Palmetto Trace share similar construction standards, layouts, and age-related maintenance profiles. That consistency simplifies comparisons for buyers: fewer wildcards on roof age, systems, or era-specific finishes than you'd find in a neighborhood built across three decades.
The 55.2% homestead share tells you that just over half of these homes are owner-occupied as primary residences, with the rest split among non-homestead use. That mix, combined with a balanced heat score and a 42-day median market time, suggests a community where pricing is driven by individual home condition and updates more than by competitive bidding pressure.
The location and the amenities are priced into every listing in Palmetto Trace. 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 Palmetto Trace 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 (3.3). Basis: Liquidity & Demand 18.0 months of supply; Owner Commitment 59% owner-occupied; Pricing Power 91.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood with a narrow build window and no shared amenities to lean on, the differentiators are all in the details — condition, updates, and how a given closing compares to the 19 recent sales in this range. We track those specifics closely so pricing conversations start from real comparables, not guesswork.
Palmetto Trace in 15 seconds.
Tools for a Palmetto Trace 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 Palmetto Trace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Palmetto Trace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Palmetto Trace home worth?
Get a no-obligation home value based on real comparable sales in Palmetto Trace, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in Palmetto Trace
Homes in Palmetto Trace 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. 8 on record.
- 105 Amherst Way · off market
- 120 Covington Street · off market
- 204 Middleburg Drive · off market
- 205 Windsor Way · off market
- 206 Middleburg Drive · off market
- 223 Middleburg Drive · off market
- 231 Middleburg Drive · off market
- 70 Park Place · off market
Frequently Asked Questions
What is the median home price in Palmetto Trace?
How long do homes in Palmetto Trace take to sell?
Is Palmetto Trace a buyer's or seller's market right now?
How many homes are in Palmetto Trace?
What share of Palmetto Trace is owner-occupied?
When were the homes in Palmetto Trace built?
Who is the best real estate agent for Palmetto Trace?
How do I find a top Panama City Beach real estate agent who knows Palmetto Trace?
Can Momentum Realty connect me with an agent for Palmetto Trace?
Should you buy in Palmetto Trace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Palmetto Trace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: November 11, 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 (4 streets, ZIP 32413)) |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (6 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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