Bay County, FL Average Home Price (2026)
The average home price in Bay County, Florida is about $306,000 (the 2026 median across 10 ZIP codes, at ~$206/sq ft) — 11% more affordable than the Florida median and 6% more expensive than the typical U.S. home.
How Bay County compares
Bay County is about average for housing nationally: its typical home costs $306,000 against $345,000 for Florida and $289,000 for the U.S. Within the county, ZIP-level values run from about $162,000 to $470,000.
| Area | Typical value | $ / sq ft |
|---|---|---|
| Bay County | $306,000 | $206 |
| Florida | $345,000 | $229 |
| United States | $289,000 | $193 |
Cities in Bay County
Cities with their own home-value page, largest first:
Bay County home prices by ZIP code
The 10 most valuable ZIP codes in Bay County (of 10 with data):
| ZIP code | Typical value | $ / sq ft | vs county |
|---|---|---|---|
| 32413 Panama City Beach | $470,000 | $415 | +54% |
| 32407 Panama City Beach | $393,000 | $287 | +28% |
| 32409 Southport | $372,000 | $197 | +22% |
| 32408 Panama City Beach | $371,000 | $366 | +21% |
| 32444 Lynn Haven | $323,000 | $202 | +6% |
| 32405 Panama City | $289,000 | $204 | -6% |
| 32404 Panama City | $283,000 | $182 | -8% |
| 32466 Youngstown | $267,000 | $205 | -13% |
| 32401 Panama City | $216,000 | $207 | -29% |
| 32438 Fountain | $162,000 | $219 | -47% |
Home value appreciation in Bay County
Home prices in Bay County have risen about 109% over the last 10 years (≈7.6% a year) and +63.2% over 20 years, according to the FHFA house price index through 2025. The most recent year came in at +2.4% — still rising. A home worth $306,000 today was worth roughly $146,622 ten years ago.
See where that trend takes a specific home with the home appreciation calculator — statewide, Florida is +126.8% over the same 10 years. Past appreciation is a track record, not a forecast; local prices can fall.
Calculators for Bay County
Run the numbers for Bay County with the local rates already filled in — change any input to test your own situation.
Salary needed to buy a home in Bay County
To buy the typical $306,000 home in Bay County with 20% down, you need a household income of roughly $83,000 a year (about $1,940 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $99,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $15,300 | $2,410/mo | $103,000/yr |
| 10% (+PMI) | $30,600 | $2,310/mo | $99,000/yr |
| 20% | $61,200 | $1,940/mo | $83,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in Bay County
At about $206 per square foot, here is roughly how much home different budgets get you in Bay County:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 730 sq ft | below the local median — condos, smaller or older homes |
| $200k | 970 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1210 sq ft | around the typical home here |
| $300k | 1460 sq ft | around the typical home here |
| $400k | 1940 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens filtered to Florida.
Estimate a specific home in Bay County
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Bay County home prices: frequently asked
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Browse all Florida cities and counties, or look up price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research; FHFA house price index; Census ZIP-to-county relationships), not appraisals.