Is a car needed in Cedar Grove, Panama City, FL?

As of early 2026, 90% of users say car is needed

Is Cedar Grove, Panama City, FL dog-friendly?

As of early 2026, 84% of users say it's dog friendly

Are yards well-kept in Cedar Grove, Panama City, FL?

As of early 2026, 79% of users say yards are well-kept

Does Cedar Grove, Panama City, FL show holiday spirit?

As of early 2026, 76% of users say there's holiday spirit

Is parking easy in Cedar Grove, Panama City, FL?

As of early 2026, 70% of users say parking is easy

Do kids play outside in Cedar Grove, Panama City, FL?

As of early 2026, 64% of users say kids play outside

Is Cedar Grove, Panama City, FL quiet?

As of early 2026, 61% of users say it's quiet

Would people walk alone at night in Cedar Grove, Panama City, FL?

As of early 2026, 58% of users say people would walk alone at night

Are neighbors friendly in Cedar Grove, Panama City, FL?

As of early 2026, 52% of users say neighbors are friendly

Does Cedar Grove, Panama City, FL have sidewalks?

As of early 2026, 49% of users say there are sidewalks

Is there wildlife in Cedar Grove, Panama City, FL?

As of early 2026, 46% of users say there's wildlife

Is Cedar Grove, Panama City, FL walkable to grocery stores?

As of early 2026, 29% of users say it's walkable to grocery stores

Do residents of Cedar Grove, Panama City, FL plan to stay at least 5 years?

As of early 2026, 29% of users say they plan to stay for at least 5 years

Are the streets well-lit in Cedar Grove, Panama City, FL?

As of early 2026, 28% of users say streets are well-lit

Are there community events in Cedar Grove, Panama City, FL?

As of early 2026, 27% of users say there are community events

Is Cedar Grove, Panama City, FL walkable to restaurants?

As of early 2026, 13% of users say it's walkable to restaurants

What is 2408 E 16th St estimated to be worth?

Trulia's estimated value for 2408 E 16th St in Panama City, FL is $175,400 .

What is the price history for 2408 E 16th St?

2408 E 16th St in Panama City, FL last sold for $35,000 in March 2019.

Is Panama City a buyer's or seller's market?

Panama City is currently a buyer's market, based on recent for-sale activity.

What's the median sale price in Panama City?

The median sale price in Panama City is $292K. That is up $3.3K from the prior month.

Does 2408 E 16th St have air conditioning?

Yes, 2408 E 16th St in Panama City, FL has air conditioning.

How big is the lot at 2408 E 16th St?

The lot at 2408 E 16th St in Panama City, FL is about 0.28 acres (12,197 sq ft).

OFF MARKET

$175,400

Trulia Estimate

3 Beds
2 Baths
1,535 sqft (on 0.28 acres)

2408 E 16th St, Panama City, FL 32405

Cedar Grove

Est. Refi. Payment $1,165/mo*

Refinance Your Home

Currently Off Market - Sold Mar 27, 2019 for $35,000

Home Value

Trulia Estimate

$175K

Since last month

$400 (-0.2%)

Since last year

$22K (-11.2%)

Since last sale

$140K (+401.1%)

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +55% in the last 10 years

Month	Estimated value
2026
August 2026	$175K
August 2026	$174K
July 2026	$176K
June 2026	$186K
May 2026	$184K
April 2026	$177K
March 2026	$175K
February 2026	$167K
January 2026	$173K
2025
December 2025	$129K
November 2025	$162K
October 2025	$169K
September 2025	$187K
August 2025	$198K
July 2025	$198K
June 2025	$190K
May 2025	$193K
April 2025	$196K
March 2025	$189K
February 2025	$177K
January 2025	$178K
2024
December 2024	$178K
November 2024	$193K
October 2024	$188K
September 2024	$191K
August 2024	$202K
July 2024	$204K
June 2024	$202K
May 2024	$196K
April 2024	$195K
March 2024	$185K
February 2024	$182K
January 2024	$173K
2023
December 2023	$182K
November 2023	$184K
October 2023	$186K
September 2023	$184K
August 2023	$186K
July 2023	$188K
June 2023	$184K
May 2023	$175K
January 2023	$218K
2022
December 2022	$220K
November 2022	$229K
October 2022	$232K
September 2022	$231K
August 2022	$233K
July 2022	$234K
June 2022	$235K
May 2022	$233K
April 2022	$230K
March 2022	$219K
February 2022	$207K
January 2022	$204K
2021
December 2021	$204K
November 2021	$201K
October 2021	$201K
September 2021	$198K
August 2021	$196K
July 2021	$194K
June 2021	$180K
May 2021	$159K
April 2021	$154K
March 2021	$136K
February 2021	$132K
January 2021	$128K
2019
December 2019	$148K
November 2019	$137K
October 2019	$139K
September 2019	$142K
August 2019	$147K
July 2019	$134K
June 2019	$36K
May 2019	$36K
April 2019	$35K
March 2019	$35K
February 2019	$25K
January 2019	$123K
2018
December 2018	$138K
November 2018	$135K
October 2018	$140K
September 2018	$141K
August 2018	$141K
July 2018	$139K
June 2018	$135K
May 2018	$128K
April 2018	$126K
March 2018	$125K
February 2018	$123K
January 2018	$122K
2017
December 2017	$122K
November 2017	$123K
October 2017	$119K
September 2017	$120K
August 2017	$119K
July 2017	$118K
June 2017	$115K
May 2017	$115K
April 2017	$117K
March 2017	$115K
February 2017	$116K
January 2017	$116K
2016
December 2016	$116K
November 2016	$114K
October 2016	$117K
September 2016	$113K

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
2411 E 16th St, Panama City, FL	0.03	Single-Family Home	$300,000	06/01/26	3	2	1,368
2402 E 16th Ct, Panama City, FL	0.02	Single-Family Home	$275,000	02/02/26	3	2	1,354
2406 E 16th Ct, Panama City, FL	0.06	Single-Family Home	$270,000	05/28/26	3	2	1,354
2735 E 12th St, Panama City, FL	0.61	Single-Family Home	$80,000	12/22/25	3	2	1,392
1308 N Gray Ave, Panama City, FL	0.42	Single-Family Home	$235,000	07/27/26	3	2	1,236
908 Kraft Ave, Panama City, FL	0.92	Single-Family Home	$50,000	03/30/26	3	2	1,025
2322 E 19th Pl, Panama City, FL	0.51	Single-Family Home	$25,500	12/30/25	2	1	520
2902 Cedars Xing, Panama City, FL	0.70	Single-Family Home	$285,000	03/23/26	3	2	1,591
2804 Gwendolen Ct, Panama City, FL	0.57	Single-Family Home	$240,000	03/06/26	3	2	1,207
1720 Everitt Ave, Panama City, FL	0.68	Single-Family Home	$290,000	10/30/25	3	2	1,572

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
2402 E 16th Ct, Panama City, FL 32405	0.02	$275,000	3	2	1,354	Recently Sold
2408 16th St E, Panama City, FL 32405	0.00	$235,600	3	2	1,535	Off Market
2409 E 16th St, Panama City, FL 32405	0.03	$49,999	-	-	-	For Sale
2403 15th St E, Panama City, FL 32405	0.04	-	-	-	-	Off Market
2411 E 16th St, Panama City, FL 32405	0.03	$300,000	3	2	1,368	Recently Sold
2406 E 16th Ct, Panama City, FL 32405	0.06	$270,000	3	2	1,354	Recently Sold
2410 E 16th Ct, Panama City, FL 32405	0.06	$213,600	3	1	960	Off Market
2330 E 16th Ct, Panama City, FL 32405	0.09	$80,000	-	-	-	Recently Sold
2324 E 16th Ct, Panama City, FL 32405	0.10	$232,800	3	3	1,464	Off Market
2315 E 16th Ct, Panama City, FL 32405	0.14	$207,000	3	1	1,075	Off Market
2515 E 15th St, Panama City, FL 32405	0.16	$1,825,000	-	-	-	For Sale
2312 E 17th St, Panama City, FL 32405	0.19	$170,000	3	1	925	For Sale

Local Information

Map ViewExplore the area around 2408 E 16th St.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1956

0.28 acre lot

1,535 sqft

$114/sqft

About this House

Concrete block home. Addition to home was destroyed. The property is zoned Commercial 1. Any buyer needs to speak to Bay County planning and zoning to determine if a residential rebuild will be allowed if on the same footprint. The property is also in a flood zone. Any building will have to be raised to meet current flood elevation codes. Seller does not have any knowledge of the structural integrity of the home. Please do not enter the home. There is a french drain under the home in the crawlspace and a sump pump that pumps the water to the ditch. Elevation Certificate is in documents section. There is a survey that can be provided.

2408 E 16th St, Panama City, FL 32405 is a 3 bedroom, 2 bathroom, 1,535 sqft single-family home in Cedar Grove, built in 1956. It last sold for $35,000 on Mar 27, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $175,400, with a rent estimate of $2,104/month.

Home Details for 2408 E 16th St

Interior Features
Heating & Cooling Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility Stories: 1ElevatorFloors: Tile, Carpet
Interior Details Types of Rooms: Dining Room
Appliances & Utilities DishwasherMicrowaveRefrigerator

Exterior Features
Exterior Home Features Roof: OtherExterior: Wood, Cement Concrete
Parking & Garage Parking Spaces: 2Parking: Carport

Property Information
Year Built Year Built: 1956Year Updated: 1976
Property Type / Style Property Type: Single Family HomeArchitecture: Other

Community
Units in Building: 1

Lot Information
Lot Area: 0.28 acres

Price and Tax history

Date	Event	Price
Mar 27, 2019 Source: CPAR #680041	Sold	$35,000
Mar 12, 2019 Source: Agent Provided	PriceChange	$39,000 Price increased by 39%
Feb 7, 2019 Source: Agent Provided	Listed For Sale	$28,000
May 27, 2015 Source: N/A	Sold	$106,600
Apr 24, 2015 Source: Agent Provided	Pending	$105,000
Mar 6, 2015 Source: Agent Provided	PriceChange	$105,000 Price decreased by 6%
Dec 4, 2014 Source: Agent Provided	Listed For Sale	$112,000
Oct 12, 2014 Source: Agent Provided	ListingRemoved	$108,000
Sep 23, 2014 Source: Agent Provided	Listed For Sale	$108,000

Year	Property tax	Tax assessment
2024	$964	$119,782

Additional Cost

Market trends in Panama City

Last updated July 2026

Avg. sale price

$292K

$3.3KMoM

Sale-to-List Price

97.2%

0.2%MoM

Price per sq ft

$182

$1MoM

Available listings

449

7MoM

Around this home

Cedar Grove Elementary School
PK-5
Public
450 Students
Bay
4/10
GreatSchools Rating
Parent Rating Average
I've always heard that this was a terrible school with the laziest teachers in the bay county school system. Well now i know first hand that it's true. It's the winter months now and all or most kids have a little cold or runny nose, well these teachers will send kids home that are not sick at all and I've heard that they think it's a game amongst themselves to see how many kids they can send home on any given day. shame on you Cedar Grove elementary !!!!!!
Other Review
7mo ago
7 Reviews

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Cedar Grove

143 Homes For You
Buy: $47k - $1.83m

See Local Highlights

Neighborhood stats provided by third party data sources.

What Locals Say about Cedar Grove

At least 34 Trulia users voted on each feature.

90 % Say car is needed
84 % Say it's dog friendly
79 % Say yards are well-kept
76 % Say there's holiday spirit
70 % Say parking is easy
64 % Say kids play outside
61 % Say it's quiet
58 % Say people would walk alone at night
52 % Say neighbors are friendly
49 % Say there are sidewalks
46 % Say there's wildlife
29 % Say it's walkable to grocery stores
29 % Say they plan to stay for at least 5 years
28 % Say streets are well-lit
27 % Say there are community events
13 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.

Trulia User
Resident
2y ago
"Traffic is too fast and dangerous it’s not safe area for children to play they drive too fast and everybody is looking at cellphones "
2
Flag
Trulia User
Prev. Resident
4y ago
"It’s known to have high rates of crime. The schools located in this neighborhood have extreme violence. "
2
Flag
Trulia User
Resident
5y ago
"Everyone pitches is when there’s a need. Holidays are always special with Easter egg hunts or Christmas progressive diners. A real sense of community. "
1
Flag
Kiara G.
Resident
6y ago
"To many strays running lose and some people don’t clean up behind their dogs at all i live in magnolia pointe "
0
Flag
Pamelia1966
Prev. Resident
6y ago
"Neighbors are very friendly and they watch out for each other. Nothing is too far from the neighborhood "
6
Flag
Stephcrites
Resident
7y ago
"I have lived here for 2 years and absolutely LOVE our neighborhood. If you are in need of anything, most any of the neighbors will help you out. (Neighborhood Facebook page gives everyone access to each other). Great schools and access."
14
Flag
Alexandra K.
Resident
7y ago
"I’ve lived here 18 years. Semi cost effective. Neighbors are hit or miss. Schools are decent but better in more affluent areas. "
5
Flag
Alexandra K.
Resident
7y ago
"I’ve lived here for 18 years. Love it. Everyone keeps to themselves. Fairly safe community low to mid income community "
0
Flag
Shirley C.
Resident
7y ago
"My neighborhood is very nice. Well kept houses and considerate neighbors. I enjoy living here very much. "
3
Flag
Evanshannonglass
Resident
8y ago
"we have lived here for one year. it's very peaceful and quiet for sure. ..lots of stars and frogs. nice people live here "
2
Flag
Evanshannonglass
Resident
8y ago
"I have lived here for one year.... nice quiet folks ....nice lake very safe and most everyone has pride in their homes . the lazy dog restaurant is close by and it's great food. nice folks there too ."
0
Flag
P0417d
Visitor
8y ago
"we are just living here temporarily with family while we find our own place after relocating to Florida "
0
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LGBTQ Local Legal Protections

Frequently asked questions about 2408 E 16th St

What is 2408 E 16th St estimated to be worth?
Trulia's estimated value for 2408 E 16th St in Panama City, FL is $175,400.
What is the price history for 2408 E 16th St?
2408 E 16th St in Panama City, FL last sold for $35,000 in March 2019.
Is Panama City a buyer's or seller's market?
Panama City is currently a buyer's market, based on recent for-sale activity.
What's the median sale price in Panama City?
The median sale price in Panama City is $292K. That is up $3.3K from the prior month.
Does 2408 E 16th St have air conditioning?
Yes, 2408 E 16th St in Panama City, FL has air conditioning.
How big is the lot at 2408 E 16th St?
The lot at 2408 E 16th St in Panama City, FL is about 0.28 acres (12,197 sq ft).