Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 181,368 ↑ 3.5% since 2020 |
| Median Household Income | $70,188 6% below national median |
| Median Home Value | $276,900 |
| Unemployment Rate | 3.5% |
| Median Age | 41.4 years |
| Housing Vacancy Rate | 28.3% |
| Total Land Sales (Past 12 Months) | 197 transactions |
| Active Listings | 199 properties |
| Avg Days on Market | 36 days |
Rural Land Sales (1+ Acres) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $34,611 |
| Recent Sales | 57 transactions |
| Avg Days on Market | 33 days |
| Avg Parcel Size | 3.88 acres |
| Active Listings | 50 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 2.00 | $129,900 | $64,950 | 9306 Kingswood Rd | Southport |
| Mar 2026New | 1.69 | $97,000 | $57,396 | 6510 W Sundew Marsh Trl | Panama City Beach |
| Mar 2026New | 6.34 | $145,000 | $22,871 | 5405 Olympia Dr | Panama City |
| Mar 2026New | 5.00 | $40,000 | $8,000 | 11529 Owenwood Rd #C | Fountain |
| Mar 2026New | 1.03 | $20,000 | $19,417 | 12329 Cue Dr | Panama City |
| Mar 2026New | 1.69 | $18,000 | $10,651 | Dixie Ave | Fountain |
| Mar 2026New | 1.54 | $87,500 | $56,818 | 10313 Highway 2301 | Youngstown |
| Mar 2026New | 4.76 | $99,900 | $20,987 | 0 Wendy Rd | Panama City |
| Mar 2026New | 5.57 | $205,000 | $36,804 | 10995 Resota Beach Rd | Southport |
| Mar 2026New | 5.00 | $28,500 | $5,700 | 11534 Nonawood Rd | Fountain |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 1.03 | $22,000 | $21,297 | Caruso Dr | Panama City |
| Mar 2026New | 7.85 | $25,785,000 | $3,284,713 | 12219 Panama City Beach Pkwy | Panama City Beach |
| Feb 2026 | 1.10 | $245,000 | $222,727 | 6311 Turkey Cove Ln | Panama City Beach |
| Feb 2026 | 1.02 | $45,000 | $44,118 | 7939 John Pitts Rd | Panama City |
| Feb 2026 | 7.86 | $177,500 | $22,583 | 3106 W 27th St | Panama City |
| Feb 2026 | 1.00 | $32,000 | $32,000 | 10305 Heather Ln | Panama City |
| Feb 2026 | 6.00 | $950,000 | $158,333 | 7030 Highway 77 | Panama City |
| Feb 2026 | 4.08 | $107,500 | $26,348 | 14209 Big Island Pond Rd | Southport |
| Feb 2026 | 4.60 | $350,000 | $76,087 | 429 Burkett Dr | Panama City |
| Feb 2026 | 1.72 | $50,000 | $29,070 | 8515 Eastwood Ave | Youngstown |
| Feb 2026 | 3.90 | $24,000 | $6,154 | 22026 Oak Tree Ln | Fountain |
| Feb 2026 | 1.63 | $150,000 | $92,025 | 8541 Preservation Dr | Panama City Beach |
| Feb 2026 | 3.30 | $25,000 | $7,576 | Mudge Rd | Fountain |
| Feb 2026 | 3.00 | $22,000 | $7,333 | 18900 Westchester Dr | Fountain |
| Feb 2026 | 3.30 | $25,000 | $7,576 | 0 Mudge Rd | Fountain |
| Feb 2026 | 2.04 | $120,000 | $58,824 | 5330 Wymore Rd | Panama City |
| Feb 2026 | 1.00 | $28,750 | $28,750 | 7212 Brett Rd | Youngstown |
| Feb 2026 | 10.02 | $136,000 | $13,573 | 1445 E Highway 388 | Southport |
| Feb 2026 | 2.90 | $145,000 | $50,000 | 7626 Kingswood Rd | Southport |
| Feb 2026 | 3.19 | $1,490,000 | $467,085 | 17803 Ashley Dr | Panama City Beach |
| Feb 2026 | 5.60 | $300,000 | $53,600 | Bradenton Ave | Panama City |
| Feb 2026 | 6.90 | $110,000 | $15,942 | 8000 Bluebird Ln | Youngstown |
| Feb 2026 | 1.00 | $9,000 | $9,000 | 23 1st St #12W | Fountain |
| Feb 2026 | 1.58 | $475,000 | $300,633 | 1738 Lost Cove Ln | Panama City Beach |
| Feb 2026 | 1.58 | $227,000 | $143,854 | Highway 2301 | Youngstown |
| Feb 2026 | 9.35 | $70,000 | $7,487 | 21826 Clarks Rd | Fountain |
| Feb 2026 | 1.10 | $38,000 | $34,545 | 6925 Wood Pl | Panama City |
| Feb 2026 | 1.28 | $62,900 | $48,988 | 1929 Kingslee Dr | Southport |
| Feb 2026 | 1.05 | $310,000 | $295,238 | 1619 Sharks Tooth Trl | Panama City Beach |
| Jan 2026 | 1.01 | $25,000 | $24,704 | 10275 Highway 20 E | Youngstown |
| Jan 2026 | 1.75 | $125,900 | $71,943 | 0 E 24th St | Lynn Haven |
| Jan 2026 | 1.24 | $175,000 | $141,129 | 9704 Summer Creek Dr | Southport |
| Jan 2026 | 5.09 | $5,000 | $982 | 8222 Ed Lee Rd | Panama City |
| Jan 2026 | 4.04 | $140,000 | $34,611 | Highway 22 | Panama City |
| Jan 2026 | 3.98 | $1,000 | $251 | 238 Elm Way | Panama City |
| Jan 2026 | 4.04 | $140,000 | $34,653 | 0 E 3rd St | Panama City |
| Jan 2026 | 2.87 | $175,000 | $60,976 | Bream Pond Rd | Southport |
| Jan 2026 | 2.25 | $95,000 | $42,222 | 7809 John Pitts Rd | Panama City |
| Jan 2026 | 4.73 | $115,000 | $24,313 | 17485 Woodland Ave | Fountain |
| Jan 2026 | 3.96 | $175,000 | $44,192 | 200 Bream Pond Rd | Panama City |
| Jan 2026 | 1.60 | $80,150 | $50,094 | 14740 Bream Pond Dr | Panama City |
| Jan 2026 | 1.60 | $80,150 | $50,094 | 14740 Bream Pond Dr | Southport |
| Jan 2026 | 1.89 | $80,150 | $42,407 | 14744 Bream Pond Dr | Panama City |
| Jan 2026 | 8.83 | $136,000 | $15,402 | 6125 Bay Head Rd | Youngstown |
| Jan 2026 | 1.07 | $29,000 | $27,103 | 6416 Everly St | Youngstown |
| Jan 2026 | 11.61 | $700,000 | $60,293 | 3602 A St | Panama City |
| Jan 2026 | 25.00 | $700,000 | $28,000 | 17714 Side Camp Rd | Panama City Beach |
Suburban/Urban Land Sales (Under 1 Acre) (Jan 2026 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $99,000 |
| Recent Sales | 140 transactions |
| Avg Days on Market | 36 days |
| Avg Parcel Size | 0.32 acres |
| Active Listings | 149 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.76 | $90,000 | 6508 W Sundew Marsh Trl | Panama City Beach |
| Mar 2026New | 0.30 | $151,000 | 1217 W Water Oak Bnd | Panama City Beach |
| Mar 2026New | 0.14 | $165,000 | 8307 Elizabeth Ave | Panama City Beach |
| Mar 2026New | 0.22 | $239,000 | 1605 Meadowlark Way | Panama City Beach |
| Mar 2026New | 0.21 | $135,000 | 1120 E Water Oak Bnd | Panama City Beach |
| Mar 2026New | 0.46 | $80,000 | 3403 Monica Rd | Panama City |
| Mar 2026New | 0.68 | $103,000 | 6408 E Sundew Marsh Trl | Panama City Beach |
| Mar 2026New | 0.14 | $43,000 | 3603 E 14th St | Panama City |
| Mar 2026New | 0.24 | $165,000 | 1609 Dayflower Dr | Panama City Beach |
| Mar 2026New | 0.68 | $18,000 | 4931 Bay Ave | Youngstown |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.11 | $545,000 | 300 Highway 98 | Mexico Beach |
| Mar 2026New | 0.23 | $38,000 | 504 N 9th Plz | Panama City |
| Mar 2026New | 0.04 | $275,500 | 201 Ellery Ln | Panama City Beach |
| Mar 2026New | 0.15 | $550,000 | 7304 S Lagoon Dr | Panama City Beach |
| Mar 2026New | 0.13 | $22,500 | 801 E 12th St | Panama City |
| Mar 2026New | 0.74 | $14,000 | 12125 Stanley Dr | Fountain |
| Mar 2026New | 0.16 | $65,000 | 1307 New York Ave | Lynn Haven |
| Mar 2026New | 0.13 | $22,500 | 803 E 12th St | Panama City |
| Mar 2026New | 0.54 | $240,000 | 323 W 14th St | Panama City |
| Feb 2026 | 0.10 | $26,000 | 6702 Pridgen St | Panama City |
| Feb 2026 | 0.38 | $65,000 | 106 Fox Ridge Rd | Panama City |
| Feb 2026 | 0.50 | $50,000 | 2314 E 13th St | Panama City |
| Feb 2026 | 0.32 | $500,000 | 356 Massalina Dr | Panama City |
| Feb 2026 | 0.69 | $10,000 | E Bay Dr | Panama City |
| Feb 2026 | 0.18 | $525,000 | 104 Dupree St | Panama City Beach |
| Feb 2026 | 0.15 | $155,000 | Big Daddy Dr | Panama City Beach |
| Feb 2026 | 0.01 | $99,000 | 788 Dolphin Harbour Dr #W6 | Panama City Beach |
| Feb 2026 | 0.21 | $315,000 | 124 2nd St | Mexico Beach |
| Feb 2026 | 0.19 | $169,000 | 208 5th St | Mexico Beach |
| Feb 2026 | 0.46 | $10,900 | 18266 April Ave | Fountain |
| Feb 2026 | 0.15 | $5,000 | 11908 Hibiscus St | Fountain |
| Feb 2026 | 0.24 | $50,000 | 5104 Marla Dr | Panama City |
| Feb 2026 | 0.60 | $220,000 | Preserve Bay Blvd | Panama City Beach |
| Feb 2026 | 0.80 | $43,500 | Park Way | Panama City |
| Feb 2026 | 0.60 | $220,000 | 0 Preserve Bay Blvd #59 | Panama City |
| Feb 2026 | 0.24 | $50,000 | (undisclosed Address) | Panama City |
| Feb 2026 | 0.30 | $19,300 | 2619 E 22nd Ct | Panama City |
| Feb 2026 | 0.04 | $200,000 | 383 Red Snapper Ln | Panama City Beach |
| Feb 2026 | 0.31 | $35,000 | 1011 Tidewater Ln | Panama City |
| Feb 2026 | 0.16 | $15,000 | 3729 E 3rd St | Panama City |
| Feb 2026 | 1.00 | $32,000 | Heather Ln | Panama City |
| Feb 2026 | 0.23 | $34,000 | 846 Helen Ave | Panama City |
| Feb 2026 | 0.17 | $550,000 | 116 Venado Pl | Panama City Beach |
| Feb 2026 | 0.29 | $34,000 | 846 Helen Ave | Panama City |
| Feb 2026 | 0.56 | $64,000 | 1420 Parkway Dr | Panama City |
| Feb 2026 | 0.61 | $43,500 | LOT 78 Park Way | Panama City |
| Feb 2026 | 0.25 | $149,975 | 411 Arizona Dr | Mexico Beach |
| Feb 2026 | 0.04 | $155,000 | 108 37th St #D | Mexico Beach |
| Feb 2026 | 0.14 | $32,000 | 807 Kirklin Ave | Panama City |
| Feb 2026 | 0.54 | $40,000 | 404 Hickory Bluff Cir | Southport |
| Feb 2026 | 0.25 | $49,500 | 2909 Orlando Rd | Panama City |
| Feb 2026 | 0.18 | $45,000 | 1513 Mulberry Ave | Panama City |
| Feb 2026 | 0.20 | $600,000 | 213 Crawford Way | Panama City |
| Feb 2026 | 0.54 | $95,000 | 1511 Mulberry Ave | Panama City |
| Feb 2026 | 0.14 | $25,000 | 729 E 12th Ct | Panama City |
| Feb 2026 | 0.52 | $135,000 | 2114 Trinity St | Lynn Haven |
| Feb 2026 | 0.19 | $26,500 | 605 E 7th Pl | Panama City |
| Feb 2026 | 0.11 | $60,000 | 5304 Hopetown Ln | Panama City Beach |
| Feb 2026 | 0.28 | $60,000 | 6711 Olokee St | Panama City |
| Feb 2026 | 0.98 | $155,000 | 3301 E 1st Ct | Panama City |
| Feb 2026 | 0.16 | $30,000 | 3733A E 9th Ct | Panama City |
| Feb 2026 | 0.16 | $30,000 | 3733 N East Ave #9 | Panama City |
| Feb 2026 | 0.54 | $145,000 | 902 Iowa Ave | Lynn Haven |
| Feb 2026 | 0.31 | $7,000 | 11967 Ferndale St | Fountain |
| Feb 2026 | 0.86 | $12,100 | 721 Vista Del Sol Ln | Panama City |
| Feb 2026 | 0.29 | $19,000 | 918 Watermark Way | Panama City |
| Feb 2026 | 0.21 | $120,000 | 1203 W Water Oak Bnd | Panama City Beach |
| Feb 2026 | 0.25 | $60,000 | 221 S Berthe Ave | Panama City |
| Feb 2026 | 0.26 | $60,000 | 227 S Berthe Ave | Panama City |
| Feb 2026 | 0.14 | $190,000 | 718 E 12th St | Panama City |
| Feb 2026 | 0.83 | $92,500 | 7704 Cattail Marsh Ln | Panama City Beach |
| Feb 2026 | 0.50 | $285,000 | 627 Gainous Rd | Panama City Beach |
| Feb 2026 | 0.54 | $525,000 | 2327 Magnolia Dr | Panama City Beach |
| Feb 2026 | 0.49 | $185,000 | Delwood Dr | Panama City Beach |
| Feb 2026 | 0.20 | $650,000 | 565 N Lakeshore Dr #3 | Panama City Beach |
| Feb 2026 | 0.17 | $467,900 | 402 Wolcott Way | Panama City Beach |
| Feb 2026 | 0.09 | $450,000 | 8536 Dreams Float Ct | Panama City Beach |
| Feb 2026 | 0.17 | $25,000 | 1819 Laurel Ave | Panama City |
| Feb 2026 | 0.52 | $16,500 | 10711 Las Vegas St | Youngstown |
| Jan 2026 | 0.21 | $122,500 | 1322 E Lakewalk Cir | Panama City Beach |
| Jan 2026 | 0.24 | $122,500 | 1324 E Lakewalk Cir | Panama City Beach |
| Jan 2026 | 0.27 | $135,000 | 1602 Dayflower Dr | Panama City Beach |
| Jan 2026 | 0.35 | $225,000 | 1615 Dayflower Dr | Panama City Beach |
| Jan 2026 | 0.12 | $147,500 | 601 Palm Beach Dr | Panama City Beach |
| Jan 2026 | 0.12 | $147,500 | 509 Palm Beach Dr | Panama City Beach |
| Jan 2026 | 0.01 | $92,500 | 790 Dolphin Harbour Dr #W5 | Panama City Beach |
| Jan 2026 | 0.25 | $100,000 | 2311 Grand Oaks Ln | Panama City |
| Jan 2026 | 0.38 | $265,000 | 3904 W 26th St | Panama City |
| Jan 2026 | 0.18 | $100,000 | 115 N San Souci St | Panama City Beach |
| Jan 2026 | 0.13 | $294,700 | 1202 Danley St | Panama City |
| Jan 2026 | 0.17 | $30,000 | 2909 Wakulla Ave | Panama City |
| Jan 2026 | 0.09 | $215,000 | Windsor Ave | Youngstown |
| Jan 2026 | 0.27 | $31,500 | 1009 Tidewater Ln | Panama City |
| Jan 2026 | 0.87 | $225,000 | 909 Anchor Ct | Panama City |
| Jan 2026 | 0.24 | $60,000 | 945 Huntingdon Cir | Panama City |
| Jan 2026 | 0.13 | $220,000 | 7006 Beach Dr | Panama City Beach |
| Jan 2026 | 0.22 | $306,600 | 219 Shoreview Dr | Panama City |
| Jan 2026 | 0.07 | $225,000 | McEachern St | Panama City Beach |
| Jan 2026 | 0.83 | $175,000 | 1614 E 7th St | Panama City |
| Jan 2026 | 0.31 | $8,000 | Krocus St | Fountain |
| Jan 2026 | 0.31 | $7,000 | 12015 Oleander St | Fountain |
| Jan 2026 | 0.31 | $8,000 | 0 Krocus St | Fountain |
| Jan 2026 | 0.07 | $225,000 | 0 McEachern St | Panama City Beach |
| Jan 2026 | 0.17 | $1,965,500 | 8555 Landshark Blvd | Panama City Beach |
| Jan 2026 | 0.80 | $714,000 | Destini Lane Ln | Panama City |
| Jan 2026 | 0.12 | $200,000 | 6316 Lenawee St | Panama City |
| Jan 2026 | 0.14 | $350,000 | 330 Tanaga St | Panama City Beach |
| Jan 2026 | 0.26 | $18,000 | 1203 Topsail Ct | Panama City |
| Jan 2026 | 0.28 | $300,000 | 724 Arrow St | Panama City |
| Jan 2026 | 0.23 | $152,750 | 1113 E Water Oak Bnd | Panama City Beach |
| Jan 2026 | 0.24 | $210,000 | 1107 E Water Oak Bnd | Panama City Beach |
| Jan 2026 | 0.75 | $35,000 | Park Way | Panama City |
| Jan 2026 | 0.75 | $35,000 | 0 Park Way | Panama City |
| Jan 2026 | 0.10 | $10,000 | 4561 Horne Ave | Panama City |
| Jan 2026 | 0.74 | $150,000 | 118 N Berthe Ave | Panama City |
| Jan 2026 | 0.66 | $535,000 | 1401 Turtleback Trl | Panama City Beach |
| Jan 2026 | 0.84 | $39,500 | 9200 Highway 2301 | Youngstown |
| Jan 2026 | 0.53 | $585,000 | 3130 Kings Dr | Panama City |
| Jan 2026 | 0.09 | $2,400 | Manor Blvd | Fountain |
| Jan 2026 | 0.11 | $360,000 | Crescent Dr | Panama City Beach |
| Jan 2026 | 0.11 | $180,000 | 0 Crescent Dr | Panama City |
| Jan 2026 | 0.48 | $395,850 | 8916 N Lagoon Dr | Panama City Beach |
| Jan 2026 | 0.07 | $70,000 | 463 Paradise Blvd | Panama City Beach |
| Jan 2026 | 0.22 | $580,000 | 17621 Lynn St | Panama City Beach |
| Jan 2026 | 0.40 | $80,000 | 1706 Wolfrun Ln | Panama City |
| Jan 2026 | 0.12 | $195,000 | 316 Hibiscus Dr | Panama City Beach |
| Jan 2026 | 0.17 | $95,000 | 6025 Elm St | Panama City Beach |
| Jan 2026 | 0.15 | $2,000 | Railroad Ave Lot 2 | Fountain |
| Jan 2026 | 0.15 | $2,000 | Railroad Ave | Fountain |
| Jan 2026 | 0.17 | $35,000 | 5017 E 9th St | Panama City |
| Jan 2026 | 0.48 | $125,000 | 802 Tidewater Ln | Panama City |
| Jan 2026 | 0.13 | $213,000 | 21316 Palm Ave | Panama City Beach |
| Jan 2026 | 0.43 | $99,900 | 903 Garden Club Dr | Panama City |
| Jan 2026 | 0.14 | $60,000 | 812 Frankford Ave | Panama City |
| Jan 2026 | 0.39 | $165,000 | 1719 Lost Cove Ln | Panama City Beach |
| Jan 2026 | 0.28 | $90,000 | 814 Minnesota Ave | Lynn Haven |
| Jan 2026 | 0.15 | $36,500 | 4923 S Lakewood Dr | Panama City |
| Jan 2026 | 0.64 | $70,000 | 4127 Cedar Creek Dr | Southport |
| Jan 2026 | 0.48 | $68,000 | 7635 Kelly Hill Rd | Southport |
| Jan 2026 | 0.29 | $50,000 | 4925 E 2nd St | Panama City |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 181,368 |
| Population (2020) | 175,216 |
| Population Growth | 3.51% |
| Median Household Income | $70,188 |
| Median Home Value | $276,900 |
| Total Housing Units | 106,209 |
| Vacant Housing Units | 30,091 |
| Housing Vacancy Rate | 28.3% |
| Median Age | 41.4 |
| Bachelor's Degree or Higher | 23,148 (12.8%) |
| Unemployment Rate (BLS) | 4.8% |
Market Overview
Bay County, Florida has a population of 181,368, which has grown 3.51% since 2020. The median household income is $70,188, below the national median of $74,580 by 5.9%. With a median home value of $276,900 and an unemployment rate of 4.8%, the local economy is moderate. The housing vacancy rate of 28.3% suggests soft market conditions. As part of Florida, Bay County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $34,611 per acre, with properties averaging 3.90 acres. There are currently 199 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Bay County, Florida?
As of the 2023 American Community Survey, Bay County has a population of 181,368. The county has grown 3.51% since the 2020 Census, indicating a growing community.
What is the median household income in Bay County?
The median household income in Bay County is $70,188, which is 5.9% below the national median of $74,580.
Is Bay County growing or shrinking?
Bay County is growing. The population has increased 3.51% since 2020.
What is the housing market like in Bay County?
The median home value in Bay County is $276,900. The housing vacancy rate is 28.3%, which suggests soft market conditions. The unemployment rate is 4.8%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $34,611 per acre. Suburban/urban lots under 1 acre have a median lot price of $97,000.
Does Reelvest buy land in Bay County, Florida?
Yes! Reelvest Properties buys vacant land throughout Florida, including Bay County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.