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 641 resale and new homes in Panama City lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$159,900

Median Sales Price

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$102

Price Per Sqft

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$1,250

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 11% year-over-year rise in median sales price and a 4% rise in median rent per month.

Median Sales Price
The median sales price for homes in Panama City for May 24 to Aug 23 was $159,900 based on 254 home sales.
Price Per Square Ft.
Average price per square foot for Panama City was $102, an increase of 11% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Panama City for Jul 24 to Aug 24 was $1,250.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 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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2,617

Counts of Theft

1,675

Counts of Arrest

1,321

Counts of Assault


Best Schools in Panama City

There are 72 schools in Panama City.

Elementary Schools
10

University Academy (Sabl, Inc.)

Charter, K-6

10

Rising Leaders Academy

Charter, K-9

9

Tyndall Elementary School

Public, PK-5

Middle Schools
10

Rising Leaders Academy

Charter, K-9

7

Mowat Middle School

Public, 6-8

7

Surfside Middle School

Public, 6-8

High Schools
6

A. Crawford Mosley High School

Public, 9-12

5

J.R. Arnold High School

Public, PK, 9-12

4

Newpoint Bay Charter High School

Charter, 6-12


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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