Treasure Cove
Homes for Sale in Panama City Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
Homes For Sale Right Now in Treasure Cove
Live MLS inventory for Treasure Cove. 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 Treasure Cove listings as of 2026-10-22, 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.
Treasure Cove's median sits at $255,000, and the story behind that number is condition and age, not scarcity. With a median year built of 1985 and a range stretching from 1953 to 2024, this is a community where a fully updated home and one that needs work can sit blocks apart and price very differently. That spread is the first thing to understand before you set an offer or a list price.
The market posture right now is soft. A year-over-year price move of -20.1% and a market heat score of 40 point to a buyer-favorable window, and a median 50 days on market means listings are not moving fast. Sellers here need to price to condition and expect negotiation; buyers get room to inspect carefully and negotiate on repairs rather than compete on multiple offers.
Figures in this note are as of July 28, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Treasure Cove right now
🟡 Off the recent peak. The trailing-12-month median ($273K) is down 6.6% from the prior 12 months ($292K) and up 186% since 2012. With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Medium (14 and 10 sales in the two windows).
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· Updated September 20, 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
Treasure Cove market snapshot (as of September 20, 2026): the median sale price is about $273K, and a median 42 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months and up 186% since 2012, computed from record-level CPAR MLS closed sales (14 closings in the current window).
Treasure Cove is a community of 60 homes in Panama City Beach, Bay County, built between 1954 and 2019 (median 1984.5), with a median living area of about 1,606 square feet. 52% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Treasure Cove is a 295-home community in Panama City Beach where the housing stock spans seven decades, from homes built in 1953 through new construction as recent as 2024, with a median build year of 1985 and a median living area of 1,665 square feet.
The setting & the homes.
Aerial and on-site photos of Treasure Cove. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Treasure CovePhotos from CPAR MLS listings in Treasure Cove; content deemed reliable but not guaranteed.
Who Treasure Cove is best for.
Best for
- Buyers comfortable evaluating an older home's condition and systems in exchange for negotiating leverage in a soft market.
- Buyers targeting a home near the median size of 1,665 square feet who want room to negotiate on price or repairs.
- Sellers with a recently updated or newer-built home who can price competitively against older inventory in the same community.
Probably not for
- Buyers who want a standardized HOA amenity package, since current MLS listings show none identified.
- Sellers who need a quick close, given the community's 50-day median time on market.
- Buyers uncomfortable with wide condition variation across a housing stock built from 1953 through 2024.
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 ($273K) IS the median in the snapshot above, and the move from 2025 ($292K) IS the -6.6% one-year change.
Windows contain 4 to 25 sales each (14 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.
14% of homes for sale in ZIP 32407 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 (2026-09-20).
Treasure Cove Market Scorecard
Treasure Cove is currently a balanced market., a median asking price of $325,000, and homes go under contract in about 122 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.
Housing distress & ownership in Treasure Cove, 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.
Treasure Cove 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 Treasure Cove buying strategy.
If we were buying in Treasure Cove 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 Treasure Cove.
A wide range of ages, a wide range of prices
The single biggest variable in Treasure Cove is not location within the community, it is the age and condition of the individual house. A median build year of 1985 means plenty of inventory has already gone through at least one round of updates, but the range back to 1953 tells you some homes have not. Expect to see meaningful differences in systems, roofs, and finishes from one listing to the next, and treat the median price as a midpoint rather than a benchmark for any specific house.
The longer-term trend line is worth noting alongside the recent pullback. Since 2012, the community has appreciated 120.0%, even as the most recent year shows a -20.1% move and a slower 50-day median time on market. That combination, longer-run growth paired with a soft current stretch, is typical of a community correcting off a run-up rather than one losing structural demand. With 14 closings in the tracked window, the sample is thin enough that a handful of sales can move the median, so use recent comps carefully and lean on a local read rather than a single data point.
The location and the amenities are priced into every listing in Treasure Cove. 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 Treasure Cove 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 4 factors (6.5). Basis: Long-Term Appreciation +186% since 2012; Recent Direction -6.6% year-over-year; Owner Commitment 52% owner-occupied; Pricing Power 95.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With homes ranging from 1950s-built to newer construction, and no HOA amenity package identified in current MLS listings to standardize expectations, pricing and inspection strategy have to be handled house by house. We pull the actual comps for the age and condition of the specific home you are buying or selling, not a community-wide average, and we negotiate accordingly in a market that currently favors buyer leverage.
Treasure Cove in 15 seconds.
Tools for a Treasure Cove 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 Treasure Cove sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Treasure Cove, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Treasure Cove home worth?
Get a no-obligation home value based on real comparable sales in Treasure Cove, 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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Frequently Asked Questions
What is the median home price in Treasure Cove?
How long do homes in Treasure Cove take to sell?
How many homes are in Treasure Cove?
What share of Treasure Cove is owner-occupied?
When were the homes in Treasure Cove built?
Have Treasure Cove home prices gone up?
Who is the best real estate agent for Treasure Cove?
How do I find a top Panama City Beach real estate agent who knows Treasure Cove?
Can Momentum Realty connect me with an agent for Treasure Cove?
Should you buy in Treasure Cove?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Treasure Cove with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 22, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (2 streets, ZIP 32407/32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (213 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 Treasure Cove fits the bigger picture — live prices, inventory, and Momentum Scores: