Panama City Real Estate Market

Panama City Market

The median sale price for homes in Panama City over the last 12 months is $100,000.


The median mortgage debt is $66,782.

Additional Statistics for Single Family Homes and Condos in Panama City, FL
$150,950
Median Listing Price
89
Median Days on Market
735
Active Listings
22.6%
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 $149,000. The list prices increased by 3.11% from the previous month.

The price per square foot for listings in this area is $101.

The median sale price in December for single family homes is $90,000. The sale prices dropped by -5.46% from the previous month.

The price per square foot for sales in this area is $67.

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Panama City, FL Market Inventory Trends

The number of active listings in Panama City increased by 2.5% from the previous month.

The median number of days active properties have been listed is 88.

The number of sales in December dropped by 34.9% from the previous month.

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Panama City, FL Property Ownership

The percent of owner occupied properties in Panama City is 11.32% below the national average.

The percent of rental properties in Panama City is 21.12% 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.