Callaway, FL · Market Data

Callaway, Florida real estate market data.

Real estate market data for Callaway, FL (Bay County) — Census median home value $215,300, county listing prices down about 5.7% over the past year.

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Callaway, FL is in Bay County, Florida — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 13,297, with a median household income of $69,388. Census data puts Callaway's median home value at $215,300 (all owner-occupied homes); Bay County's current median listing price runs $404,688, down about 5.7% over the past year.

At a glance

Callaway market snapshot

Population

13,297

Median Household Income

$69,388

Median Home Value (city)

$215,300

Median Listing Price (Bay County)

$404,688

Median Gross Rent

$1,319/mo

Price Trend (YoY)

-5.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Callaway

What makes Callaway different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Callaway's median home value — across all owner-occupied homes, not just recent sales — at $215,300. Separately, Bay County's current median listing price (via Realtor.com data, 2026-06-01) runs $404,688. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Bay County's FHFA house price index shows a 2.42% annual change in 2025.

Population & Income

Callaway has an estimated population of 13,297 and a median household income of $69,388, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Callaway's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Callaway FAQ

What are home values like in Callaway, FL?

The Census Bureau's American Community Survey puts Callaway's median home value at $215,300. Bay County's current median listing price runs $404,688, down about 5.7% over the past year.

What is the population of Callaway, FL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Callaway's population at approximately 13,297.

What's the median rent in Callaway, FL?

The Census ACS estimates median gross rent in Callaway at approximately $1,319 per month.

What is the median household income in Callaway, FL?

Census ACS data puts the median household income in Callaway at approximately $69,388.

Is the Callaway housing market growing?

Bay County's FHFA house price index shows a 2.42% annual change in 2025.

Is Callaway, FL affordable relative to income?

Census ACS data puts Callaway's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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