The Sweetbay housing market is somewhat competitive. The median sale price of a home in Sweetbay was $441K last month, down 19.8% since last year. The median sale price per square foot in Sweetbay is $270, up 0.6% since last year.
What is the housing market like in Sweetbay today?
In October 2024, Sweetbay home prices were down 19.8% compared to last year, selling for a median price of $441K. On average, homes in Sweetbay sell after 157 days on the market compared to 106 days last year. There were 25 homes sold in October this year, up from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$440,505
-19.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Sweetbay, FL
$440,505
-19.8%
United States
To compare other locations to the Sweetbay and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Panama City add value to a home.
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How hot is the Sweetbay housing market?
Sweetbay is somewhat competitive. Homes sell in 69 days.
0
100
41
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 69 days.
Hot homes
can sell for around list price and go pending in around 34 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Sweetbay housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Sweetbay.
Flood Factor - Moderate
84% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Sweetbay has a moderate risk of flooding. 277 properties in Sweetbay are likely to be
severely affected
by flooding over the next 30 years. This represents 84% of all properties in Sweetbay. Flood risk is increasing faster than the national average.
26% of properties are at risk of wildfire over the next 30 years
Fire Factor
Sweetbay has a moderate risk of wildfire. There are 167 properties in Sweetbay that have some risk of being affected by wildfire over the next 30 years. This represents 26% of all properties in Sweetbay.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Sweetbay has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Sweetbay is most at risk from hurricanes. 624 properties in Sweetbay have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 151 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 159 mph.