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Callaway

Callaway

Located in Bay County

$276,937 Average Value
$173 Average Price per Sq Ft
9 Homes 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.
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.
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.
Waterfront living is worth the price for spectacular views in Callaway.
Large waterfont homes on the bay come with a premium price 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.
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.
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.
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.
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.
Winn Dixie is a favorite for the grocery needs of residents of Callaway.
Gorcery Outlet is another option for grocery shopping in 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.
US Highway 98 runs east and west in and out of Callaway.
HCA Florida Hospital serves the Callaway area with emergency and trauma treatment.
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.

Brennen Martin
Written By
Brennen Martin
Kevin Willis
Photography Contributed By
Kevin Willis
Alex Finneran
Video By
Alex Finneran

Interested in learning more about homes in this area? Reach out to Frank Trenholm, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Callaway Housing Trends

Housing Trends

Median List Price
$320,000
Median Sale Price
$311,133
Median Single Family Sale Price
$321,650
Median Townhouse Sale Price
$193,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
77
Median Home Sale Price YoY Change
-18%
Average Price Per Sq Ft
$173

Neighborhood Facts

Number of Homes in Neighborhood
371
Number of Homes for Sale
9
Median Year Built
2021
Months of Supply
1.40
Average Single Family Home Size Sq Ft
1,937
On par with the national average
1,924
Average Townhouse Size Sq Ft
1,515
Median Lot Size Sq Ft
6,534

Open Houses

  • 5736 Callaway Cir, Panama City, FL 32404

    $243,900

    • 3 Beds
    • 2.5 Baths
    • 1,519 Sq Ft
    • 5736 Callaway Cir

    Stunning Townhome in Sentinel Point with Unique Features and Prime Location! Welcome to the only unit in Sentinel Point with an oversized screened-in patio, offering the perfect blend of comfort and style. This end unit with both side and backyard offers plenty of space to entertain while enjoying the serene views of the pond. Additionally, the fully fenced yard has two gates allowing easy access

    Agent Photo
    Michelle Thierwechter
    Coldwell Banker Realty
    (850) 985-2593
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  • 326 Raven Ln, Panama City, FL 32404

    $290,000

    • 3 Beds
    • 2.5 Baths
    • 1,535 Sq Ft
    • 326 Raven Ln
    • New 19 days ago

    Welcome to 326 Raven Lane a newer two-story home built in 2021 with a clean, modern feel and a super homey feel. It's in a quiet neighborhood right next to a park, perfect for kids, pets, or relaxing outside. Inside, you'll find quartz countertops, luxury vinyl floors, custom cabinets, and stylish lighting that make the space feel fresh and comfortable. The open layout downstairs flows great for

    Agent Photo
    Sabina Balch
    Keller Williams Success Realty
    (850) 920-5281
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  • 6526 Lance St, Panama City, FL 32404

    $279,900

    • 3 Beds
    • 2 Baths
    • 1,360 Sq Ft
    • 6526 Lance St
    • New 27 days ago

    Welcome to 6526 Lance Street, a well maintained 3 bedroom 2 bathroom home located just minutes from Tyndall Air Force Base and local shopping. This single level property features a functional split bedroom layout with an open living area and a spacious kitchen equipped with stainless steel appliances and generous cabinet space.The primary suite includes a double vanity, walk-in shower,

    Agent Photo
    Rodney Waits
    Equity & Trust Realty Inc
    (850) 604-1290
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Callaway Has More Owners

Demographics

Total Population
13,658
Median Age
39
Population under 18
25.1%
On par with the national average
23.8%
Population over 65
18%
On par with the national average
19.1%

Finances

Median Household Income
$55,261
Significantly below the national average
$71,702
Average Household Income
$69,149

Education and Workforce

High School Graduates
84.1%
College Graduates
17.1%
Below the national average
34.1%
Advanced Degrees
6.5%
Below the national average
13.3%
% Population in Labor Force
60.9%

Weather

Annual Precipitation
61''
Average Winter Low Temperature
43°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

36 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Callaway