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Panama City

Why you'd want to live in Panama City

Panama City is a town in Florida with a population of 36,640. Panama City is in Bay County. Living in Panama City offers residents a dense suburban feel and most residents own their homes. In Panama City there are a lot of parks. Many families and young professionals live in Panama City and residents tend to lean conservative. The public schools in Panama City are above average. via niche.com

Panama City Market Report

$542,891

AVERAGE PRICE OF 79 HOMES

$2,506,667

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$396,933

AVERAGE PRICE OF 33 NEWLY BUILT HOMES

$569,911

AVERAGE PRICE OF 36 HOMES WITH A POOL

$693,900

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $542,891
Avg Bedrooms 3.7 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

1 bedroom $374,000
2 bedrooms $276,960
3 bedrooms $400,725
4 bedrooms $576,217
5 bedrooms $988,000
Panama City Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 76 80 77 80 78
Average Price $573,548 $541,549 $439,811 $468,661 $489,415
Avg Price Change +5.91% +23.13% -6.56% -4.43% +3.26%
Median Price $346,988 $333,275 $325,033 $314,516 $338,666
Med Price Change +4.11% +2.54% +3.34% -7.68% +6.67%
Avg Bedrooms 3.55 beds 3.51 beds 3.38 beds 3.29 beds 3.37 beds
Avg Bathrooms 2.91 baths 2.9 baths 2.75 baths 2.67 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 5 $998,580 102 days
Bay 49 $473,518 124 days
Deane Bozeman 1 $465,000 102 days
Mosley 11 $888,390 73 days
Rutherford 13 $342,753 53 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 79 $542,891 104 days
Multi-Million Dollar Homes 6 $2,506,667 83 days
Newly Built Homes 33 $396,933 147 days
Homes with a Pool 36 $569,911 151 days
Reduced Price Homes 5 $693,900 89 days
BrightWild Real Estate
Richard Haskins
506 Fleming St
Key West, FL 33040
305-916-9020

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated September 25, 2023

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Vendor Member Number: 28179

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