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Panama City

Why you'd want to live in Panama City

More than ever, Panama City is booming with growth! Panama City is a four-season paradise for water and nature lovers, and is where many of the "beach locals" also tend to live, work, and play. Some things you'll enjoy in Panama City, FL are waterfront dining, the best local seafood, many dining options as well as live music, new shopping centers, quaint home-town restaraunts, and lots of outdoor activities. Fishing, kayaking, paddleboarding, sailing and kiteboarding are popular activities on the crystal clear waters of St. Andrews Bay, with world-class beaches just minutes away.

Panama City Market Report

$430,913

AVERAGE PRICE OF 1,725 HOMES

$2,050,757

AVERAGE PRICE OF 59 MULTI-MILLION DOLLAR HOMES

$408,818

AVERAGE PRICE OF 519 NEWLY BUILT HOMES

$630,824

AVERAGE PRICE OF 407 HOMES WITH A POOL

Average Home

Average Price $430,913
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.49 baths

Average Price by Bedrooms

1 bedroom $452,347
2 bedrooms $324,981
3 bedrooms $391,854
4 bedrooms $519,781
5 bedrooms $717,035
Panama City Home Price Trends
  5/2026 4/2026 3/2026 2/2026 1/2026
Total Listings n/a n/a 2,117 2,022 1,844
Average Price n/a n/a $501,547 $495,886 $504,037
Avg Price Change n/a n/a +1.14% -1.64% -2.21%
Median Price n/a n/a $328,314 $328,242 $331,456
Med Price Change n/a n/a +0.02% -0.98% -0.71%
Avg Bedrooms n/a n/a 2.02 beds 2.06 beds 1.83 beds
Avg Bathrooms n/a n/a 1.56 baths 1.63 baths 1.5 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Arnold 440 $767,898 122 days
Bay 480 $431,389 97 days
Deane Bozeman 99 $465,021 97 days
Mosley 178 $418,072 72 days
Rutherford 520 $350,306 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,725 $430,913 115 days
Multi-Million Dollar Homes 59 $2,050,757 117 days
Newly Built Homes 519 $408,818 78 days
Homes with a Pool 407 $630,824 96 days
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 June 12, 2026

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

Provided Courtesy Of Realtor Association of Franklin and Gulf Counties. Information Is Believed To Be Accurate But Not Guaranteed. Information is provided exclusively for consumers' personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Realtor Association of Franklin and Gulf Counties. All Rights Reserved.
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 June 12, 2026

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