Real Estate Overview for Panama City


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Average Listing Price

  • $191,707
  • for week ending Jul 22
  • -$1,336
  • -0.7%
  • w-o-w

Median Sales Price

  • $125,000
  • Apr '15 - Jul '15
  • +$21,500
  • +20.8%
  • y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending Jul 22
w-o-w
Bunkers Cove $385,245 +9.9%
The Woods $440,850 -5.8%
Bay VIew Heights $222,955 -12.2%
Forest Park $135,850 +4.6%
Hursts Replat $120,833 -22.7%
Movers & Shakers Avg. listing price
Week ending Jul 22
w-o-w
Gwaltney Estate $156,000 +25.8%
Hursts Replat $120,833 -22.7%
Forest Park Estates $219,000 +15.5%
Bay VIew Heights $222,955 -12.2%
Oakland Terrace $62,633 +11.6%
View Panama City Home Prices Map

Summary for Panama City


Average price per square foot for Panama City FL was $82, an increase of 17.1% compared to the same period last year. The median sales price for homes in Panama City FL for Apr 15 to Jul 15 was $125,000 based on 235 home sales. Compared to the same period one year ago, the median home sales price increased 20.8%, or $21,500, and the number of home sales decreased 35.3%. There are currently 1,135 resale and new homes in Panama City on Trulia, including 1 open house, as well as 529 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Panama City FL was $191,707 for the week ending Jul 22, which represents a decrease of 0.7%, or $1,336, compared to the prior week. Popular neighborhoods in Panama City include Bunkers Cove and The Woods, with average listing prices of $385,245 and $440,850.


District Type Grades Schools Students
Bay District Schools Public PK - 12 49 30,582
School Name School Type Grades Parent Rating
Callaway Elementary School Public PK - 5
Exceptional Student Education Public PK - 12
Southport Elementary School Public PK - 5
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Stats & Trends
Homes for Sale in Panama City
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