Moving to Callaway: Pros, Cons & What to Know

Moving to Callaway means moving into the smallest, most affordable, and most straightforward of the four Bay County places in this cluster -- a working-class community along US-98 east of Panama City, close to Tyndall Air Force Base, without a resort or destination identity of its own.

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A no-frills, working-class entry point into Bay County

Callaway is a working-class community east of Panama City along US-98, without a resort or destination identity of its own, per its base overview record -- a straightforward entry point for buyers whose top priority is price rather than amenities or a tourism-driven lifestyle.

The market has softened, and homes are taking longer to sell

Callaway's most recent housing data shows homes taking meaningfully longer to sell than a year earlier -- 132 days versus 91 -- a real demand-softening signal worth factoring into move timing, per the base overview record. A buyer may have more negotiating room here than in a faster-moving Bay County market; a seller should plan for a longer listing period.

Close to Tyndall Air Force Base

Callaway sits along US-98 close to Tyndall Air Force Base, one of the region's largest economic drivers, which has been undergoing a multi-billion-dollar post-Hurricane-Michael reconstruction (the 'Tyndall Rebuild'), per reporting cited in this cluster's Panama City Beach research. That proximity is a real practical consideration for anyone with a Tyndall connection weighing a short commute against Callaway's lower price point relative to Panama City.

Standard Florida moving mechanics apply

Florida requires a new driver's license and vehicle registration within statutory windows administered by FLHSMV -- confirm current deadlines directly with that agency. Florida has no state personal income tax, so there's no state withholding form to file when starting a new job. File for the homestead exemption with the Bay County Property Appraiser by March 1 of the year after closing on a primary residence to lock in the 2026 exemption ($51,411) and the Save Our Homes assessed-value growth cap (2.7% for 2026).

Key takeaways

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Last reviewed: 2026-09-02. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.