Southport
Homes for Sale in Panama City, FL
All 268 homes for sale in Panama City, FL · median $349,900 · 45 homes for sale in 32409 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of November 2026, Southport in Panama City, FL has 2 homes for sale. Over the 12 months ending 2026-11-11, 3 recorded sales closed at a median of $110,000, a median 35 days on market, sellers accepting 94% of original asking. At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $1,350 ($870 with the full homestead exemption).
Last 30 days in Southport: 1 new listing (median asking $165,000). 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.
Southport's median sits at $309,500, and with a median year built of 1997 on a median living area of 1,697 square feet, this reads as a market priced on space and condition rather than on any single dominant home style. The spread in construction years, from 1930 to 2024, means buyers are comparing genuinely different eras of building under one neighborhood name, and that gap is doing more to set price than any amenity package would.
A median 38 days on market and a heat score of 64 point to a market that is active but not frantic. The 7.7% year-over-year gain shows real, current momentum, while the 674% climb since 2012 is a reminder of how much ground this area has covered over a full cycle. For sellers, that combination supports asking a fair price with confidence; for buyers, it means the days of finding this market undervalued are behind us, and disciplined offers still work at a 38-day pace.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Southport right now
🟢 Buyer-leaning market. 8.0 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: Low (2 active and pending listings, 3 closed sales in 12 months).
What's unique here: the median sale price is about 68% below the typical Bay County sale ($110K vs $345K, trailing 12 months, CPAR MLS records).
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· Updated November 12, 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
Southport market snapshot (as of November 11, 2026): the median sale price is about $110K, a median 35 days on market for closed sales, and 8.0 months of supply, a buyer-leaning market.
In ZIP 32409 (Panama City), 42 homes closed in the last 12 months at a median of $509K, with a median 60 days on market. Right now 36 active and 18 pending listings put supply at about 10.3 months — a balanced market. See the live ZIP 32409 housing market and the Bay County market.
CPAR sales records identify 11 homes in Southport that have changed hands since 2017, built between 1960 and 2025 (median 2007), with a median living area of about 1,296 sq ft and a typical 3-bedroom, 2-bath layout. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Southport is a Panama City community in Bay County where the housing stock spans nearly a century of construction, giving buyers a genuinely wide range of home eras to choose from under one median price point of $309,500.
Who Southport is best for.
Best for
- Buyers targeting a purchase near the $309,500 median who want flexibility across home eras rather than a single build style
- Buyers comfortable evaluating older and newer construction side by side and budgeting for condition differences accordingly
- Sellers with an updated or well-maintained home who want to test pricing against a market showing a 7.7% year-over-year gain
Probably not for
- Buyers who want a defined amenity package such as a pool or clubhouse, since none are currently identified from MLS listings
- Buyers who want a uniform, single-era streetscape rather than a mix spanning 1930 to 2024 construction
- Buyers expecting steep, fast discounts, given a median 38-day market pace and a decade-plus run of sustained price gains
Homes For Sale Right Now in Southport
Live MLS inventory for Southport. 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 Southport listings as of 2026-11-12, 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.
The Southport buying strategy.
If we were buying in Southport 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 Southport.
A market built on range, not uniformity
With 477 homes in the current snapshot and a year-built range running from 1930 to 2024, Southport is not a single-era subdivision. The median year built of 1997 lands buyers roughly in the middle of that range, which means a home listed as 'in Southport' could be a nearly century-old structure or a recently built one, with everything in between. That range is the main reason to treat any listing here on its own condition and update history rather than assuming the neighborhood sets a uniform standard.
A homestead share of 59.9% indicates a solid majority of homes are owner-occupied under the exemption, which is a useful signal about occupancy patterns even though it says nothing about who lives there. Combined with a median living area of 1,697 square feet, this points to a market of right-sized, established homes rather than large new-construction product. No community amenities are currently identified from active MLS listings, so anyone drawn to Southport for a clubhouse, pool, or planned amenity package should verify that directly rather than assume it exists.
The location and the amenities are priced into every listing in Southport. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market where home age spans nearly a hundred years under one median price, the real work is evaluating each property's condition and history individually, not leaning on a neighborhood average. Momentum walks that comparison with you, line by line, so an offer at or near the $309,500 median actually reflects what a specific home is worth.
Southport in 15 seconds.
Tools for a Southport 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 Southport sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Southport, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Southport home worth?
Get a no-obligation home value based on real comparable sales in Southport, 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 Southport
Homes in Southport 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. 2 on record.
- 6714 Sunburst Lane · off market
- 7315 Bay Crest Road · off market
| Location | Panama City, Bay County, FL · ZIP 32409 |
|---|---|
| Sale prices, last 12 months | $110,000 median across 3 closed sales |
| Days on market (closed sales) | 35 median |
| For sale right now | 2 active, 0 pending · median asking $262,000 · 8.0 months of supply |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “Southport key facts,” movewithmomentum.com/neighborhoods/southport, data as of November 11, 2026.
Housing distress & ownership in Southport, 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.
Every Home for Sale in Southport Right Now (2)
All 2 active and pending Southport listings with a detail page, newest first, refreshed twice a day from the MLS.
- 7810 Duval Avenue, Southport, Fl 32409 · $165,000 · 3 bd / 2 ba · listed Nov 2, 2026 · listed by Empire Real Estate of Florida LLC
- 7523 Highway 2302, Panama City, Fl 32409 · $359,000 · 3 bd / 3 ba · listed Oct 1, 2026 · listed by RC Real Estate Group
More Panama City home searches
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- Panama City home values: what is my house worth?
- ZIP 32409 housing scorecard
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Florida buyer guides
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27% of homes for sale in ZIP 32409 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 (2026-11-12).
What it really costs to own in Southport
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 $194/yr across 4 listings here (MLS tax records, 2026-11-12). |
|---|---|
| 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 4 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 Southport
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 Southport
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Southport will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Southport?
How long do homes in Southport take to sell?
Is Southport a buyer's or seller's market right now?
Who is the best real estate agent for Southport?
How do I find a top Panama City real estate agent who knows Southport?
Can Momentum Realty connect me with an agent for Southport?
Where is Southport, and what county is it in?
Should you buy in Southport?
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: November 12, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending November 11, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-11-11 |
| Historical depth | Closed-sale records back to 2026 (3 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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