Living in Callaway, FL
Bay County
Callaway is the smallest and most affordable of the four places in this cluster -- a working-class community east of Panama City along US-98, without a resort or destination identity of its own. It's a straightforward, no-frills entry point into Bay County living for buyers whose top priority is price, though the most recent data shows homes taking meaningfully longer to sell than a year earlier, a real softening worth factoring in rather than a market that's simply cheap and otherwise identical to its neighbors.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreHousing
Down 1.8% YoY at that snapshot. A separate November 2025 reading cited $285K, down 2.9% YoY -- sources agree the market is softening slightly but differ by about $15K; treat as directional. Either figure is the most affordable of the four places in this cluster. Homes are also taking notably longer to sell (132 days vs. 91 a year earlier per the same source), a real signal of softer demand worth disclosing alongside the price.
Taxes
Not independently sourced at the Bay County level this session. Florida carries no income tax statewide. See the Florida hub page for the statewide property tax context -- do not treat that figure as Callaway-specific.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceThe tradeoffs
Pros
Most affordable median home price of the four places in this cluster; straightforward, low-key working-class community rather than a tourism or resort economy; close to Panama City for jobs and services without Panama City-proper pricing.
Cons
Homes are taking notably longer to sell than a year earlier (132 days vs. 91), a real demand-softening signal; fewer standalone amenities, dining, and destination draw than the other three places in this cluster; the same Bay County hurricane exposure as its neighbors.
Who this fits
Best for: First-time homebuyers and affordability-focused movers who want the lowest entry price in Bay County and don't need a destination amenity base nearby.
Maybe not for you if: Buyers wanting more amenities, dining, or a stronger resale market pace should look at Panama City or Lynn Haven in this cluster instead.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert