Panama City Real Estate Market Overview

Could Panama City, FL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Panama City. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Panama City such... as Panama City Beach and Lynn Haven. When you’re ready, Trulia has 561 resale and new homes in Panama City lined up for you, including 9 open houses, and 269 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$150,500

Median Sales Price

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$90

Price Per Sqft

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$1,200

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Panama City show a 14% year-over-year rise in median sales price and a -4% drop in median rent per month.

Median Sales Price
The median sales price for homes in Panama City for May 25 to Aug 24 was $150,500 based on 81 home sales.
Price Per Square Ft.
Average price per square foot for Panama City was $90, an increase of 10% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Panama City for Jul 18 to Aug 18 was $1,200.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Panama City can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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589

Counts of Theft

359

Counts of Assault

288

Counts of Arrest


Best Schools in Panama City

There are 38 schools in Panama City.

Elementary Schools
10

Bay Haven Charter Academy

Public, K - 8

8

Patronis Elementary School

Public, PK - 5

7

Tyndall Elementary School

Public, PK - 5

Middle Schools
10

Bay Haven Charter Academy

Public, K - 8

9

Bay Haven Charter Middle School

Public, 6 - 8

6

Deane Bozeman School

Public, PK - 12

High Schools
9

North Bay Haven Career Academy

Public, 9 - 12

6

Deane Bozeman School

Public, PK - 12

5

Bay High School

Public, 9 - 12


Demographics

Get to know your neighbors in Panama City by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
36%
Single residents
Home owners
65%
Home owners
Median age
41
Median age
Household income
$44,518
Median household income
College educated
24%
College educated

Commute

Most people in Panama City commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
98% commute by car
0% commute by bike
0% commute by public transportation
0% commute by foot

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