What the Pros Know

190,769

Population

3% YoY

2023

39.5

Median Age

3.2% YoY

2022

$65,999

Median Household Income

9.1% YoY

2022

92,866

Labor Force

0.3% MoM

3.1% YoY

7/2025

89,126

Employed

0.2% MoM

2.5% YoY

7/2025

4.0%

Unemployment Rate

2.6% MoM

14.3% YoY

7/2025

$375,000

Median Sale Price

2.8% MoM

4.2% YoY

8/2025

303

Homes Sold

9.0% MoM

1.0% YoY

8/2025

4.8

Months Inventory

9.3% MoM

5.7% YoY

8/2025

66

Days on Market

6 MoM

0 YoY

8/2025

1,463

Listings

8.1% MoM

1.9% YoY

8/2025

203

Price per Sq Ft

1.4% MoM

1.6% YoY

8/2025

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Cities included in Bay County: Panama City, Lynn Haven, Upper Grand Lagoon, Panama City Beach, Callaway, Springfield, Lower Grand Lagoon, Parker, Laguna Beach, Cedar Grove, Pretty Bayou, Tyndall AFB, Mexico Beach


Zip Codes included in Bay County: [Click for zip code level data] 32401, 32403, 32404, 32405, 32407, 32408, 32409, 32410, 32413, 32438, 32444, 32466


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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