Photo: The Bushranger · CC BY-SA 4.0310 homes sold in Callaway in the last year, at a typical $285K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Callaway homes are listed.
Every place Callaway homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Callaway.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 89% of Callaway’s sales, at a typical $291K
310 homes sold in the year to May 2026.
typical sale · 277 sold in 12 months
- Per square foot
- $176FL $245
- Days to sell
- 73
- Sold over asking
- 16%
- Listings with a price cut
- 27%
Multi-family (2–4 units): 4 sold, typical $222K
Townhouses: 29 sold, typical $226K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
310 sales in the last year, against 544 in 2021 and a low of 138 in 2013. The typical sale went from $133K in 2016 to $285K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Callaway
Check a listing against what Callaway homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Callaway are back to pre-pandemic levels, and more homes are for sale
We read every month of Callaway’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 310 sales.
If you’re buying in Callaway
- Shop in February. It brings about 36 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Bid near asking. Buyers paid 98.2% of the list price on average; 16% paid over.
- You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 76 days.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 42 a month), but November is the most competitive: 21% of November sales close over asking. February and March offer nearly as much choice with fewer homes bid up (15%). December has the least competition (14%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Florida
| Callaway now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 20% | 21% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 20% | 4% | 2% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | — | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98.2% | 97.9% | 98.5% | 96.3% |
| Days to sellMedian days from listing to contract | 76 | 80 | 85 | 76 |
133 homes for sale on a typical day
That’s 1.7 times the 2017 low (77), 24% more than in 2017–19 and well under 2020’s 182.
1 in 4 listings has cut its price
26% in the last year, against — in 2017–19 and 28% across Florida.
Callaway ranks 81st of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Callaway is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Callaway home costs about $1,606 a month
Price: Callaway’s typical sale, last 12 months. Property tax at Callaway’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Callaway is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 29.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $285K home, about $1,420 a year.
Taxes vs. neighborsSchools
The schools grade for Callaway, from test results, graduation and how much students grow.
Schools in CallawayTypical commute
The average one-way trip to work for people who live in Callaway.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Lower Grand Lagoon for far more
The busier markets within 25 miles of Callaway, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Panama City | 735 | $305K | $190 | 13% | 73 |
| Callaway | 310 | $285K | $175 | 16% | 76 |
| Lower Grand Lagoon | 304 | $467K | $372 | 3% | 110 |
| Lynn Haven | 282 | $316K | $192 | 11% | 74 |
| Springfield | 107 | $261K | $181 | 11% | 77 |
| Parker | 59 | $276K | $178 | 8% | 68 |
| Pretty Bayou | 48 | $401K | $205 | 6% | 81 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Callaway, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Callaway. People who follow the town see it, and so do people comparing Callaway with their own town. No commission, no listing fee.
Questions about buying a home in Callaway
What do homes sell for in Callaway, FL?
310 homes sold in the year to May 2026 at a typical $285K, $175 a square foot.
Is Callaway a buyer’s or seller’s market?
A buyer’s market: 155 homes were for sale in May 2026 and 25 sold, about 6.2 months of supply. Buyers paid 98.2% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Callaway?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Callaway?
About 0.5% of a home’s value a year. On a $285K home that’s near $1,420.
Where can I see homes for sale in Callaway?
Zillow, Redfin, Realtor.com and Homes.com all carry Callaway’s MLS listings; the search links above open each one filtered to Callaway.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).