Panama City Housing Information - Census

IndexPanama CityFloridaNational
Median home price$133,800$156,200$175,700
Median rent asked$842$998$920
Avg. people per household2.42.62.6
Owner occupied households49.1%66.1%64.4%
Renter occupied households50.9%33.9%35.6%

Panama City Housing Information - Zillow

IndexPanama CityFloridaNational
Zillow home value index$161,000$205,100$196,500
Year over year appreciation rate6.83%10.09%6.79%
5 year average appreciation rate5.58%10.06%5.28%
10 year average appreciation rate-2.65%-1.68%0.01%

Did you know?

  • The median home price in Panama City is 24% lower than the national average.
  • The median rent asked in Panama City is 8% lower than the national average.
  • The average number of people per household in Panama City is 9% lower than the national average.
  • The number of owner occupied households in Panama City is 24% lower than the national average.
  • The number of renter occupied households in Panama City is 43% higher than the national average.

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Compare Panama City, FL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Tyndall AFB, FL3,330$0100%
Cedar Grove, FL3,257$84,90052%
Springfield, FL9,095$101,30042%
Parker, FL4,419$122,10031%
Callaway, FL14,617$135,10023%
Panama City, FL36,405$133,80024%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lewiston, ME36,410$147,50016%
Reynoldsburg, OH36,439$143,20018%
Trumbull, CT36,444$399,700127%
Spanish Fork, UT36,337$191,8009%
New Albany, IN36,496$112,30036%
Panama City, FL36,405$133,80024%
Source: The Panama City, FL housing data displayed above is derived from the United States Census Bureau and Zillow data.