Recently Sold Homes in Panama City, FL

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Panama City, FL Real Estate Insights

Panama City is a city and the county seat of Bay County, Florida. Located along U.S. Route 98, it is the largest city between Tallahassee and Pensacola.

Panama City features a broad and abundant array of different retailers which sell a wide variety of merchandise, including jewelers, gun shops and electronic stores; one could easily meet any shopping need. This city has everything you'd expect; you'll find big-box grocery retailers, as well as smaller grocery stores with niche offerings. This locale is a treasure trove of diverse artistic and cultural entertainment venues such as performing arts spots, cinemas and music halls so there's always something exciting going on. This city is home to a large number of quality restaurants, making it easy for locals to enjoy Cajun, buffets and Mexican when the mood strikes.

Home prices in Panama City rose slightly in this year by 0.8 percent, reaching $171,620. Simultaneously, the number of homes on the market slightly fell from 596 to 558 - but buyers still have a fair share of homes to vet. There are quite a few tropical pools featured in homes in this area, which make a lovely oasis in the middle of the yard where you can relax and enjoy the outdoors. The penthouses found in this vicinity offer some of the best views in the area with all the high-end accommodation options you'd expect. The homes around this vicinity featuring real fireplaces make a cozy, relaxing night in front of the fire a reality.