Panama City Real Estate Market

Panama City Market

The median sale price for homes in Panama City over the last 12 months is $81,700.


The median mortgage debt is $67,078.

Additional Statistics for Single Family Homes and Condos in Panama City, FL
$159,270
Median Listing Price
77
Median Days on Market
573
Active Listings
20.8%
Distressed Listings
(foreclosures and short sales)
Panama City, FL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Panama City is $154,350. The list prices increased by 2.96% from the previous month.

The price per square foot for listings in this area is $97.

The median sale price in February for single family homes is $98,750. The sale prices dropped by -8.98% from the previous month.

The price per square foot for sales in this area is $49.

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Panama City, FL Market Inventory Trends

The number of active listings in Panama City increased by 5.4% from the previous month.

The median number of days active properties have been listed is 71. This is significantly shorter than the national average.

The number of sales in February dropped by 64.8% from the previous month.

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Panama City, FL Property Ownership

The percent of owner occupied properties in Panama City is 15.82% below the national average.

The percent of rental properties in Panama City is 19.11% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.