Living in Callaway, Florida
Callaway is a city on the east side of Panama City in Bay County, bordered by bayous and the shoreline of East Bay. It sits minutes from Tyndall Air Force Base, with quick connections to U.S. 98 and Tyndall Parkway and a wide range of home styles and price points. The Palms To Pines team works with buyers and sellers across Callaway every week.
Why Callaway
- Bayou and bay access: Waterfront and water-view homes, public boat ramps, and easy access to East Bay for fishing and paddling.
- Close to Tyndall AFB: Minutes from the base, which is being rebuilt as one of the most modern Air Force installations in the country.
- Variety of homes: Established neighborhoods alongside newer construction built since Hurricane Michael.
- Convenient location: Quick connections to U.S. 98, Tyndall Parkway, and the shopping and dining throughout Panama City.
- Parks and events: Community parks, sports fields, and a waterfront arts and conference center that hosts local events.
Callaway real estate market
As of October 12, 2026, Callaway had 435 homes for sale with a median list price of $260,000 and a median sold price of $255,000. Homes averaged 122 days on site. Inventory includes established homes, renovated properties and newer construction, and waterfront and bayou-view homes draw strong interest.
Callaway FAQ
Where is Callaway, Florida?
Callaway is in Bay County on the east side of Panama City, between Panama City and Tyndall Air Force Base. U.S. 98 and Tyndall Parkway are the main routes through the city.
How far is Callaway from Tyndall Air Force Base?
Most of Callaway is about 10 minutes from Tyndall Air Force Base, depending on the neighborhood and traffic.
What types of homes are in Callaway?
Callaway has established single-family neighborhoods, renovated homes, newer construction built since Hurricane Michael, and waterfront and bayou-view homes along East Bay.
How much do homes cost in Callaway?
As of October 12, 2026, the median list price was $260,000 and the median sold price was $255,000, with 435 homes for sale. Prices change monthly; contact us for current numbers.
Do I need flood insurance in Callaway?
It depends on the property. Some homes near East Bay and the bayous sit in FEMA flood zones and others don't. We check the flood zone and insurance history on every home before you make an offer.
Which schools serve Callaway?
Callaway is served by Bay District Schools. Use the district's school locator to confirm the zoned schools for any address.
Talk to a Callaway agent
Palms To Pines Real Estate, 7608 Hwy 77, Suite 1, Panama City, FL 32409. Call (850) 866-2837 or send us a message.