The Palms
Homes for Sale in Mexico Beach, FL
All 13 homes for sale in Mexico Beach, FL · median $489,000 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of September 2026, The Palms in Mexico Beach, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $312,500, a median 91 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 $3,840 ($3,350 with the full homestead exemption).
| Location | Mexico Beach, Bay County, FL · ZIP 32410, 32413, 32456 |
|---|---|
| Sale prices, last 12 months | $312,500 median across 3 closed sales |
| Days on market (closed sales) | 91 median |
| For sale right now | 2 active, 0 pending · median asking $457,000 |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “The Palms key facts,” movewithmomentum.com/neighborhoods/the-palms--bay, data as of September 20, 2026.
The Palms is a thin market to read. With only four closings in the current window, the $296,250 median is a snapshot, not a trend line — one or two different sales could move that number meaningfully next quarter. Treat it as a directional figure, not a fixed price point.
A median days-on-market just past two months tells you these homes are not moving in a rush. That posture favors buyers willing to do diligence and make a considered offer, and it means sellers should price to the actual condition and comparable activity rather than to expectation.
The 60-Second Overview
The Palms market snapshot (as of September 20, 2026): the median sale price is about $312K, and a median 91 days on market for closed sales.
In ZIP 32413 (Mexico Beach), 1,569 homes closed in the last 12 months at a median of $445K, down 0.1% year over year, with a median 79 days on market. Right now 1,074 active and 177 pending listings put supply at about 7.3 months — a buyer's market. See the live ZIP 32413 housing market and the Bay County market.
CPAR sales records identify 6 homes in The Palms that have changed hands since 2014, built between 1996 and 2005 (median 2005), with a median living area of about 1,908 sq ft and a typical 3-bedroom, 3-bath layout; 67% are townhomes. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
The Palms sits in Mexico Beach, Bay County, with a small, slow-moving resale pool — recent activity has been limited enough that each closing carries outsized weight on the numbers.
Who The Palms is best for.
Best for
- A buyer targeting a specific home in Mexico Beach who is prepared to negotiate directly rather than lean on a deep comp set
- A seller with a well-maintained property who can price against condition rather than expecting bidding-style competition
- An investor comfortable underwriting a purchase with limited recent transaction history to validate against
Probably not for
- A buyer who wants a resort-style amenity package as part of the purchase decision
- Anyone who needs a fast, high-volume sale timeline given the current pace of days-on-market
- A buyer who relies primarily on median-price trend lines rather than individual home diligence
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($312K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. 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.
16% of homes for sale in ZIP 32413 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 (2026-09-27).
The Palms Market Scorecard
The Palms is currently a balanced market., a median asking price of $457,000, and homes go under contract in about 158 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in The Palms
Live MLS inventory for The Palms. 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 The Palms listings as of 2026-09-26, 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 The Palms buying strategy.
If we were buying in The Palms 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 The Palms.
A market defined by low volume
Four closings in the tracked window is a small sample by any measure. That scarcity cuts both ways: sellers have less direct competition to price against, but buyers have fewer comparable sales to lean on when negotiating. Anyone transacting here should expect to do more manual comp work than in a higher-volume community, because the MLS feed alone will not carry the argument.
No community amenities are identified in current MLS listings, which means value here is being driven by the individual home and lot rather than a shared amenity package. That is worth confirming directly — some communities simply do not list amenities in the feed even when they exist, so a site visit or a call to HOA documentation is the right next step before assuming there is nothing beyond the home itself.
The location and the amenities are priced into every listing in The Palms. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the public feed only tells part of the story. We track actual contract activity as it happens, not just closed sales, and we verify amenity and HOA details directly rather than relying on what the MLS chose to list — both matter more here than in a community with a deeper sales history.
The Palms in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $425/month (about $5,100/yr) · median of 31 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $425 per month ($5,100 a year) — the median AssociationFee across 31 MLS records, normalised to a monthly figure; most are billed monthly. 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, 2026-09.
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 The Palms 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 The Palms sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Palms, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Palms home worth?
Get a no-obligation home value based on real comparable sales in The Palms, 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 Mexico Beach →
Recently off market in The Palms
Homes in The Palms 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.
- 1016 15th Street 5A · off market
Frequently Asked Questions
What is the median home price in The Palms?
How long do homes in The Palms take to sell?
Who is the best real estate agent for The Palms?
How do I find a top Mexico Beach real estate agent who knows The Palms?
Can Momentum Realty connect me with an agent for The Palms?
Where is The Palms, and what county is it in?
Should you buy in The Palms?
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: September 26, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (31 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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See how The Palms fits the bigger picture — live prices, inventory, and Momentum Scores:
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