Panama City, FL Housing Market & City Data

Explore key insights and real experiences from people who call Panama City home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

34,667
Population Estimate
$151,560
Median Home Value
92.4%
Employment Rate
24.3%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$204
Median Listing Price$334,975
Median Days on Market88
Active Listings1439
New Listings248
Total Listings (Active + Pending)1763
Avg Listing Price$425,708
Avg Listing Price Change MoM-0%
Avg Listing Price Change YoY-11%

HOUSEHOLD OVERVIEW

Family Size3.16
Family Dual Income45.5
Median Household Income$43,953
Median Individual Income$24,795
Home Ownership50.5%
Home Value$151,560
Median Rent$945
Rent Burden35.1%
Poverty21.6%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED9.8%
  • Highschool Education32.5%
  • Some College33.4%
  • Bachelors Degree15.2%
  • Graduate Degree9.1%
  • Total College or Above24.3%
  • Stem Degree44.5%

GENDER BREAKDOWN

  • Male47.0%
  • Female53.0%

MARITAL STATUS

  • Married36.2%
  • Divorced21.4%
  • Never Married33.9%
  • Widowed8.6%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityPanama City
State IDFL
Population34,667

AGE BREAKDOWN

Age Group% of Population
Under 1822.6%
19–2914.7%
30–3914.0%
40–4910.5%
Age Group% of Population
50–5914.0%
60–6911.7%
70–797.2%
80+5.3%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation60.4%
Unemployment Rate7.6%
Disabled21.2%

ETHNICITY

White71.9%
Black20.8%
Asian2.0%
Native American0.3%
Pacific Islander0.2%
Other1.4%
Multiple3.5%

OTHER

Hispanic8.1%
Limited English3.5%
Health Uninsured16.5%
Veteran12.2%

Local Discussions

Community questions and conversations about living in Panama City, FL.

  1. Is Panama City, FL a good place to buy a house?

    Local perspectives on Panama City home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Panama City, FL for families?

    Local insights on Panama City neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Panama City, FL housing market?

    Local insights on Panama City home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Panama City, FL?

    Compare Panama City home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Panama City, FL?

    Explore Panama City neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Panama City, FL?

    Learn how Panama City home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Panama City, FL?

    Learn how Panama City property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Panama City, FL for first-time home buyers?

    Explore Panama City neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Panama City, FL?

    Local perspectives on Panama City neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Panama City, FL?

    What newcomers should know about Panama City housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Panama City, FL

Neighborhoods in Panama City, FL

Get to know neighborhoods in Panama City, ordered by the number of properties in the provider sample.

  • Jones Meadow Subdivision

    Jones Meadow ↗

    Median asking price
    $175,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    12
    —

    Nearby schools · estimated

    Ratings not available

  • Bayside

    Bayside ↗

    Median asking price
    $379,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    4
    —

    Nearby schools · estimated

    Ratings not available

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.