$276,704Average Value$183Average Price per Sq Ft65Homes For Sale
A small community near Panama City Beach and the Tyndall Air Force Base
Callaway, a city of over 13,000 just outside Panama City, is quickly growing. "It's had a lot of growth since Hurricane Michael, and there's a lot of new houses and restaurants," says local Realtor Christina Daniels of Keller Williams Success Realty. She's sold homes across the region for over 15 years. "The new construction has been especially popular with people in the military." Callaway is one of the closest communities to Tyndall Air Force Base, about 5 miles from the city, making it particularly attractive to relocating military members and their families. Tyndall AFB is Callaway's largest employer, but tourism is Bay County's largest industry, generating billions of dollars and creating thousands of jobs. Callaway is close to popular beaches and Panama City's growing downtown.
Panama City Beaches are a short drive away from Callaway.
The Tyndall Air Force Base is close to Callaway and is one of the leading employers in the Callaway area.
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A city with ample new construction near the bayou
The median home price is around $293,000, about $100,000 under the national median. The market is mainly made up of single-family homes, but townhomes and condos are available. The few homes built before 1950 are mostly north of Cherry Street; many have been renovated or need a few repairs. The housing stock spiked in the mid-20th century, and thousands of houses were built across the city by the end of the 1990s. Rapid housing development continued into the 21st century, and several subdivisions popped up near the water. Several homes have waterfront views and private docks on Callaway Bayou and the East Bay.
Waterfront living is worth the price for spectacular views in Callaway.
Large waterfont homes on the bay come with a premium price in Callaway.
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Rising Leaders Academy earns high remarks on Niche
Bay District Schools scores an overall B-plus on Niche and serves over 27,000 students. Rising Leaders Academy, a public charter school about 9 miles west of Callaway, receives an A-plus on Niche and is ranked the best charter high school in America. Florida State University's Panama City campus, about 10 miles away, offers post-secondary options.
The Rising Leaders Academy has an A+ rating on Niche and is located in Callaway.
Bay High School serves grades 9-12 in Callaway and has an A grade on Niche.
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Spending time on the Callaway Bayou
According to the Trust for Public Land, 29% of residents live within a 10-minute walk of one of Callaway's four parks. Several parks offer views and access to the water. John B. Gore Park has one of the city's few public boat ramps; the park juts into a small cove of the Callaway Bayou. The Callaway Recreational Complex sprawls across 80 acres and is home to local leagues like the Callaway Girls Soft Ball League and Panama City Kicked Back Adult Soccer. Panama City Beach are about 16 miles from Callaway, and Mexico Beach is about 20 miles away.
John B. Gore Park has a playground and tennis courts offering fun for all ages in Callaway.
The Callaway Recreational Complex host little league sports games year round in Callaway.
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New restaurants dot the parkway and State Route 22
Most of the city's commercial development is concentrated along Tyndall Parkway and State Route 22. There are a handful of grocery stores. Grocery Outlet and Winn Dixie are available in small shopping centers near the intersection of Cherry Street and South Tyndall Parkway, and Walmart Supercenter is in the city's north end. Locally-owned restaurants offer various cuisines, from seafood at ReelTime Fishers to American comfort food at PoFolks. Panama City's historic downtown is about 6 miles west of Callaway. Callaway residents enjoy Panama City's arts scene at the Martin Theater to various art galleries.
Winn Dixie is a favorite for the grocery needs of residents of Callaway.
Gorcery Outlet is another option for grocery shopping in Callaway.
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Navigating the Tyndall Parkway
U.S. Route 98, also known as Tyndall Parkway, and State Route 22 connect Callaway with Panama City. Bay County Transportation Services offers the BayWay bus, a fixed-route bus service; route three reaches Callaway. HCA Florida Gulf Coast Hospital is 8 miles away, and Northwest Florida Beaches International Airport is about 30 miles northwest.
US Highway 98 runs east and west in and out of Callaway.
HCA Florida Hospital serves the Callaway area with emergency and trauma treatment.
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The city's location near the coast puts it at risk of hurricanes
Due to its location along the East Bay and near the Gulf Coast, Callaway is at risk of tropical weather. According to the FEMA National Risk Index, Bay County has a high risk index for hurricanes. Many properties are in Special Flood Hazard Areas, and flood insurance is recommended. "In Bay County, you can have one house in a flood zone, but its neighbor could not be," Daniels says.
Crime statistics for Callaway are not readily available.
Written By
Brennen Martin
Photography Contributed By
Kevin Willis
Video By
Alex Finneran
Interested in learning more about homes in this area?
Reach out to
Casey Porter,
an experienced agent in this area.
On average, homes in Callaway, FL sell after 53 days on the market compared to the national average of 52 days. The median sale price for homes in Callaway, FL over the last 12 months is $316,900, down 2% from the median home sale price over the previous 12 months.
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