If you need assistance, please call 770-916-1177

Panama City Market Report

$503,137

AVERAGE PRICE OF 1,985 HOMES

$250,300

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,449,059

AVERAGE PRICE OF 144 MULTI-MILLION DOLLAR HOMES

$457,326

AVERAGE PRICE OF 341 NEWLY BUILT HOMES

$548,195

AVERAGE PRICE OF 542 HOMES WITH A POOL

$435,397

AVERAGE PRICE OF 78 REDUCED PRICE HOMES

Average Home

Average Price $503,137
Avg Bedrooms 2 beds
Avg Bathrooms 1.54 baths

Average Price by Bedrooms

1 bedroom $295,893
2 bedrooms $385,864
3 bedrooms $538,880
4 bedrooms $411,206
5 bedrooms $601,557
Panama City Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,967 1,870 1,778 1,663 1,523
Average Price $488,157 $477,614 $465,842 $452,641 $451,702
Avg Price Change +2.21% +2.53% +2.92% +0.21% -0.83%
Median Price $336,377 $333,404 $325,774 $321,529 $320,927
Med Price Change +0.89% +2.34% +1.32% +0.19% -0.47%
Avg Bedrooms 1.91 beds 1.77 beds 1.67 beds 1.76 beds 1.63 beds
Avg Bathrooms 1.48 baths 1.37 baths 1.32 baths 1.36 baths 1.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Rutherford 643 $433,222 165 days
Total Homes Average Price Avg Days on Site
All Homes 1,985 $503,137 151 days
Distressed Homes 6 $250,300 89 days
Multi-Million Dollar Homes 144 $2,449,059 156 days
Newly Built Homes 341 $457,326 162 days
Homes with a Pool 542 $548,195 108 days
Reduced Price Homes 78 $435,397 77 days
LPT Realty
Mike Glass - Realtor
1400 S. International Pkwy Suite 1020
Lake Mary, FL 32746
770-916-1177

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First Multiple Listing Service, Inc. Last updated June 18, 2025.

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