Bay County, FL Housing Market
$344,049
0.4% 1-yrThe average Bay County, FL home value is $344,049, down 0.4% over the past year, and homes go to pending in around 66 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Bay County Key Takeaways
Typical Home Values: $344,049
1-Year Value Change: -0.4%
(Data through August 31, 2026)
Bay County Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Vicksburg
- NameMedian ZHVI
- Cedar Grove$312,362
- Pretty Bayou$365,520
- Hiland Park$219,807
- Upper Grand Lagoon$368,186
- Lower Grand Lagoon$419,137
- Rosemary Beach$2,831,757
- Alys Beach$5,899,338
- WaterSound Beach$1,997,177
- Okaloosa Island$522,664
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Bay County Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Bay County, FL?
The median home value in Bay County, FL is $344,049 as of August 2026. This represents a 0.2% decrease compared to last month and a 0.4% decrease year-over-year.
How do home values in Bay County, FL compare to Florida and the national average?
The median home value in Bay County, FL ($344,049) compares to Florida ($375,470) and the U.S. national median ($368,697).
What are the top cities in Bay County, FL by home value?
The cities with the highest median home values in Bay County, FL include: Mexico Beach ($496,971), Panama City Beach ($414,475), Lynn Haven ($327,447), Panama City ($284,369), Youngstown ($275,346). These cities represent the most expensive areas within the county.
