Treasure Island
Homes for Sale in Panama City Beach, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Treasure Island's numbers tell a market that has cooled hard from a longer run-up. Prices are down 21.7% year over year against a median of $425,000, even though values here are still up 325% since 2012. That combination — a sharp recent pullback layered on top of a long structural gain — is typical of a beach-adjacent market that ran well ahead of itself and is now giving some of it back. With only 9 closings in the current window, treat any single data point as directional, not precise.
A market heat score of 25 and a median 60 days on market both point to a buyer's market right now: homes are sitting, and sellers who priced for last year's numbers are getting corrected. With homestead share at just 25.1%, a large share of ownership here is non-primary — which tends to mean more properties come to market as condition or lifestyle plays rather than as forced sales, and pricing can vary widely by how well a given unit has been maintained.
Treasure Island right now
🔴 Off the recent peak. The trailing-12-month median ($425K) is down 21.7% from the prior 12 months ($542K) and up 325% 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 closed sales, 12-month windows ending July 28. Confidence: Medium (9 and 12 sales in the two windows).
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Updated July 28, 2026 · Live data: cpar, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Treasure Island market snapshot (as of July 28, 2026): the median sale price is about $425K, and a median 60 days on market for closed sales. The trailing-12-month median is down 22% from the prior 12 months and up 325% since 2012, computed from record-level cpar closed sales (9 closings in the current window).
Treasure Island is a community of 311 homes in Panama City Beach, Bay County, built between 1947 and 2024 (median 1983), with a median living area of about 1,805 square feet. 25% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Treasure Island is a smaller pocket of 311 homes with a wide build era — from 1947 through 2024 — and a median year built of 1983, so buyers are looking at a real mix of older stock and newer or renovated construction rather than a single-generation neighborhood.
Who Treasure Island is best for.
Best for
- Buyers looking for a non-primary or occasional-use property in a market where prices have recently pulled back
- Buyers willing to renovate or evaluate older construction (homes here date back to 1947) for long-term value
- Buyers with flexible timelines who can wait through a median 60-day sale process without urgency
Probably not for
- Buyers who want a move-in-ready home in a narrow, consistent build era
- Buyers who expect built-in community amenities as part of the purchase
- Buyers needing fast, predictable comps in a market with only 9 recent closings
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 28 of each year, from record-level cpar closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($425K) IS the median in the snapshot above, and the move from 2025 ($542K) IS the -21.7% one-year change.
Windows contain 3 to 16 sales each (9 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.
The Treasure Island buying strategy.
If we were buying in Treasure Island 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 Island.
A market resetting after a long climb
The headline here is the gap between the long-term trend and the current one. Since 2012, values in Treasure Island are up 325%, which is a substantial run. But the most recent year shows a 21.7% pullback, and days on market have stretched to a median of 60 — meaning listings are taking roughly two months to find a contract, longer than a tight market would allow. Sellers still anchored to peak pricing are likely the ones sitting longest.
The median living area is 1,805 square feet, and with build years spanning from 1947 to 2024, condition and vintage will drive price far more than square footage alone. No community amenities are currently identified from active MLS listings, so this is a market to evaluate on the home and lot itself, not on a shared amenity package. The low homestead share (25.1%) also suggests a meaningful share of buyers here are not moving in as a primary residence, which is worth factoring into how you read comparable sales.
The location and the amenities are priced into every listing in Treasure Island. 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 Island 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 (4.6). Basis: Long-Term Appreciation +325% since 2012; Recent Direction -21.7% year-over-year; Owner Commitment 25% owner-occupied; Pricing Power 93.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With only 9 recent closings and a wide range of build years, generic comps do not hold up in Treasure Island — you need someone pulling the right handful of true matches and reading them against a market that is actively repricing. We track the DOM trend and the heat score in real time so buyers do not overpay into a softening market and sellers do not underprice against the longer 2012 baseline.
Treasure Island in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
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 Treasure Island 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 Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Treasure Island, 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 Island home worth?
Get a no-obligation home value based on real comparable sales in Treasure Island, 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 Island?
How long do homes in Treasure Island take to sell?
How many homes are in Treasure Island?
What share of Treasure Island is owner-occupied?
When were the homes in Treasure Island built?
Have Treasure Island home prices gone up?
Who is the best real estate agent for Treasure Island?
How do I find a top Panama City Beach real estate agent who knows Treasure Island?
Can Momentum Realty connect me with an agent for Treasure Island?
Should you buy in Treasure Island?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | cpar closed sales, 12-month windows ending July 28, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (community parcel extract) |
| Historical depth | Closed-sale records back to 2012 (146 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.
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