Real Estate Market Update for Bay County, FL
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 10% from one year earlier, and down 5% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 1%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 240-thousand dollars. The number of units sold decreased 25% year-over-year, and decreased 11% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Bay County, FL
Area Information for Bay County, FL
  • Population: 178,241
  • Median Age: 40.31 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 235/sq mi
  • Population Change Since 2000: 20.25%
  • Closest Airport: Northwest Florida Beaches International
  • Closest College: Gulf Coast Community College
  • Closest Jr. College: Chipola College
  • Median Household Income: $48,634
  • Annual Residential Turnover: 19%
  • Median Home Sales Price: $156,500
  • Closest Major Sports Team: Pensacola Blue Wahoos
  • Change Avg. Household Income Since 2000: 32.76%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bay County, FL
Median Age: 40.31 Married: 41% Number of Households: 72,400 Households with Children: 18,665
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Bay County, FL

      School Name Distance Type Grades School Rating Parent Rating
      A. Crawford Mosley High School 0.5 mi Public 9-12 4 3
      New Horizons Learning Center 0.6 mi Public 6-12 1 0
      Tom P Haney Vocational Technical Center 0.8 mi Public UNGRADE-UNGRADE 0 0
      Mowat Middle School 1.1 mi Public 6-8 4 0
      University Academy (sabl, Inc.) 1.2 mi Public K-6 5 0
      Panama City Advanced School 1.2 mi Private PRESCHOOL-12 0 0
      Bay Haven Charter Academy 1.5 mi Public K-8 5 0
      Bay Haven Charter Middle School 1.5 mi Public K-8 5 4
      Hiland Park Elementary School 1.5 mi Public PRESCHOOL-5 1 0
      Kaleidoscope School Of Discovery 1.7 mi Private K-12 0 0
      Bacot Academy Inc 1.9 mi Private 1-11 0 0
      Lynn Haven Elementary School 2.1 mi Public PRESCHOOL-5 3 0
      Adventist Christian Academy 2.3 mi Private PRESCHOOL-9 0 0
      Northside Elementary School 2.6 mi Public PRESCHOOL-5 2 0
      Almega Preparatory Academy 2.8 mi Private 12-12 0 0
      Covenant Christian School 2.9 mi Private PRESCHOOL-12 0 0
      Bay High School 3.2 mi Public 9-12 3 3
      Palm Bay Preparatory 3.2 mi Public 6-12 2 0
      Palm Bay Preparatory Academy 3.2 mi Public 9-12 3 3
      Chautauqua Charter School 3.2 mi Public 12-12 0 0
      Bay Regional Juvenile Detention Center 3.2 mi Public 5-12 0 0
      Cedar Grove Elementary School 3.3 mi Public PRESCHOOL-5 0 0
      Exceptional Student Education 3.3 mi Public PRESCHOOL-12 0 0
      Bay Virtual Instruction Program 3.3 mi Public K-10 0 0
      Bay Virtual Franchise 3.3 mi Public K-12 0 4
      Jinks Middle School 3.4 mi Public 6-8 1 0
      Oscar Patterson Elementary Magnet 3.4 mi Public PRESCHOOL-5 0 0
      Child Care Washington Academy 3.4 mi Public 6-8 0 0
      Rosenwald High School 3.4 mi Public 8-12 0 0
      North Bay Haven Career Academy 3.5 mi Public 6-12 5 4
      North Bay Haven Charter Academy Middle School 3.5 mi Public 6-8 4 0
      North Bay Haven Charter Academy Elementary School 3.5 mi Public K-5 4 0
      Rising Leaders Academy 3.6 mi Public K-5 5 0
      Rutherford High School 3.8 mi Public 9-12 2 3
      Oakland Terrace School For The Visual And Performing Arts 3.9 mi Public PRESCHOOL-5 0 0
      Saint John Catholic School 4.0 mi Catholic PRESCHOOL-8 0 0
      Renascence School International 4.0 mi Private PRESCHOOL-8 0 0
      Lucille Moore Elementary School 4.1 mi Public PRESCHOOL-5 0 0
      St. Andrew School 4.1 mi Public K-5 0 0
      Everitt Middle School 4.3 mi Public 6-8 1 0
      Panama City Marine Institute 4.4 mi Public 6-12 0 0
      Springfield Elementary School 4.4 mi Public PRESCHOOL-5 0 0
      Holy Nativity Episcopal School 4.5 mi Private PRESCHOOL-8 0 0
      Deer Point Elementary School 4.7 mi Public PRESCHOOL-5 3 0
      Margaret K. Lewis In Millville 4.7 mi Public PRESCHOOL-12 0 0
      Merriam Cherry Street Elementary School 4.7 mi Public PRESCHOOL-5 1 0
      Eagle Nest Christian Academy 4.7 mi Private PRESCHOOL-12 0 0
      Southport Elementary School 5.1 mi Public PRESCHOOL-5 2 0
      Tommy Smith Elementary School 5.5 mi Public PRESCHOOL-5 3 0
      Merritt Brown Middle School 5.6 mi Public 6-8 3 0
      Parker Elementary School 6.2 mi Public PRESCHOOL-5 1 0
      Callaway Elementary School 6.5 mi Public PRESCHOOL-5 1 0
      Patronis Elementary School 7.4 mi Public K-5 4 0
      Tyndall Elementary School 8.2 mi Public PRESCHOOL-5 4 0
      St. Bernadette Catholic School 8.7 mi Catholic K-4 0 0
      J.r. Arnold High School 9.8 mi Public 9-12 3 3
      Breakfast Point Academy 10.2 mi Public K-8 4 0
      Hutchison Beach Elementary School 11.3 mi Public K-5 2 0
      Surfside Middle School 12.1 mi Public 6-8 3 0
      Deane Bozeman School 12.7 mi Public PRESCHOOL-12 3 0
      West Bay Elementary School 13.4 mi Public PRESCHOOL-5 0 0
      Waller Elementary School 16.4 mi Public PRESCHOOL-5 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Bay County, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.