Cheap homes for sale & real estate in Panama City, FL

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ABOUT THIS HOME
Cheap Home for sale in Panama City, FL:
Welcome to 307 N Cove Blvd. This well-maintained two-story residence located in the highly desirable Cove neighborhood of Panama City. Offering a functional layout designed for comfortable family living. The main level features a spacious living area that flows seamlessly into the kitchen and dining space, creating the perfect setting for everyday living and entertaining. Upstairs, you will find 3 spacious bedrooms, including a generous primary suite, offering privacy and comfort for the entire family. Nestled among the tree-lined streets of The Cove, this home provides the ideal blend of peaceful neighborhood living and proximity to downtown Panama City, local parks, schools, and the water

$319,900

3 beds2.5 baths1,499 sq ft

307 N Cove Blvd, Panama City, FL 32401

Two-story residence • Spacious living area • Tree-lined streets

NEW CONSTRUCTION3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Panama City, FL:
Welcome to 1117 Hamilton Ave in beautiful Panama City, Florida — the perfect place to start your homeownership journey! This 3 Bedroom, 2 bath-brand-new construction home offers modern design, reliable quality, and a convenient location close to local schools, shopping, and restaurants. Whether you're ready to stop renting or looking for your first investment in your future, this home is move-in ready and waiting for you. Step inside and enjoy the peace of mind that comes with owning a completely new home — everything from the flooring and fixtures to the appliances has just been installed. The home also features a commercial-grade water heater, giving you dependable performance

$270,000

3 beds2 baths1,137 sq ft

1117 Hamilton Ave, Panama City, FL 32401

New construction • Open layout • Move in ready

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Panama City, FL:
Welcome to the Walker, a new home floor plan located at Liberty in Panama City, Florida. The Walker is thoughtfully designed 3-bedroom, 2-bathroom, one-story home with 1,580 square feet of modern living. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather at Liberty. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring th

$324,900

3 beds2 baths1,580 sq ft

6950 William Pitsenbarger Rd, Panama City, FL 32404

Durable vinyl siding • Fully sodded yard • Hose bibs

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Panama City, FL:
Welcome to the Walker, a new home floor plan located at Liberty in Panama City, Florida. The Walker is thoughtfully designed 3-bedroom, 2-bathroom, one-story home with 1,580 square feet of modern living. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather at Liberty. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring th

$324,900

3 beds2 baths1,580 sq ft

6957 William Pitsenbarger Rd, Panama City, FL 32404

Fully sodded yard • Hose bibs • Electronic deadbolts

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Panama City, FL:
Welcome to the Walker, a new home floor plan located at Liberty in Panama City, Florida. The Walker is thoughtfully designed 3-bedroom, 2-bathroom, one-story home with 1,580 square feet of modern living. On the outside of your home, you will see durable vinyl siding, a spacious two-car garage with an opener and a fully sodded yard to the property lines. This home comes equipped with dimensional shingles with a limited lifetime warranty, electronic deadbolts on all exterior doors, weatherproof outlets, and hose bibs. Sidewalks line the neighborhood streets for you to enjoy the beautiful Florida weather at Liberty. Inside you will see 8' ceilings throughout, engineered vinyl plank flooring th

$324,900

3 beds2 baths1,580 sq ft

6973 William Pitsenbarger Rd, Panama City, FL 32404

Fully sodded yard • Hose bibs • Electronic deadbolts

Property at 209 N Cove Blvd, Panama City, FL 32401, 4 beds, 2 baths

$189,000

4 beds2 baths1,574 sq ft

209 N Cove Blvd, Panama City, FL 32401

Property at 6981 William Pitsenbarger Rd, Panama City, FL 32404, 3 beds, 2 baths

$324,900

3 beds2 baths1,580 sq ft

6981 William Pitsenbarger Rd, Panama City, FL 32404

Property at 6977 William Pitsenbarger Rd, Panama City, FL 32404, 4 beds, 2 baths

$334,900

4 beds2 baths1,799 sq ft

6977 William Pitsenbarger Rd, Panama City, FL 32404

Property at 7357 Morningside Dr, Panama City, FL 32404, 3 beds, 2 baths

$289,900

3 beds2 baths1,427 sq ft

7357 Morningside Dr, Panama City, FL 32404

Property at 6931 William Pitsenbarger Rd, Panama City, FL 32404, 3 beds, 2 baths

$264,900

3 beds2 baths1,272 sq ft

6931 William Pitsenbarger Rd, Panama City, FL 32404

Property at 2608 W 21st St, Panama City, FL 32405, 3 beds, 1 bath

$239,000

3 beds1 bath1,128 sq ft

2608 W 21st St, Panama City, FL 32405

Property at 501 Floridian Pl, Panama City, FL 32405, 3 beds, 2 baths

$425,000

3 beds2 baths1,731 sq ft

501 Floridian Pl, Panama City, FL 32405

Property at 212 Everitt Ave, Panama City, FL 32401, 3 beds, 2 baths

$188,888

3 beds2 baths1,653 sq ft

212 Everitt Ave, Panama City, FL 32401

Property at 4047 Brook Stone Dr, Panama City, FL 32405, 3 beds, 2 baths

$357,900

3 beds2 baths1,983 sq ft

4047 Brook Stone Dr, Panama City, FL 32405

Property at 3140 Douglas Rd, Panama City, FL 32405, 3 beds, 2 baths

$380,000

3 beds2 baths1,620 sq ft

3140 Douglas Rd, Panama City, FL 32405

Property at 1017 E Hamilton Ave, Panama City, FL 32401, 3 beds, 2 baths

$265,000

3 beds2 baths1,254 sq ft

1017 E Hamilton Ave, Panama City, FL 32401

Property at 4441 Ashland Rd, Panama City, FL 32405, 3 beds, 3 baths

$379,900

3 beds3 baths2,288 sq ft

4441 Ashland Rd, Panama City, FL 32405

Property at 2929 Avon Rd, Panama City, FL 32405, 3 beds, 2 baths

$144,989

3 beds2 baths1,792 sq ft

2929 Avon Rd, Panama City, FL 32405

Property at 5421 Bumby Rd, Panama City, FL 32404, 3 beds, 2 baths

$174,000

3 beds2 baths1,144 sq ft

5421 Bumby Rd, Panama City, FL 32404

Property at 2100 W Beach Dr Unit S102, Panama City, FL 32401, 2 beds, 2 baths

$330,000

2 beds2 baths1,190 sq ft

2100 W Beach Dr Unit S102, Panama City, FL 32401

Property at 1304 Moon Ct, Panama City, FL 32409, 5 beds, 3 baths

$275,000

5 beds3 baths2,108 sq ft

1304 Moon Ct, Panama City, FL 32409

Property at 1207 Wildflower Ct Lot 693, Panama City, FL 32405, 3 beds, 3.5 baths

$412,604

3 beds3.5 baths1,646 sq ft

1207 Wildflower Ct Lot 693, Panama City, FL 32405

Property at 334 S Macarthur Ave, Panama City, FL 32401, 3 beds, 2 baths

$310,000

3 beds2 baths1,908 sq ft

334 S Macarthur Ave, Panama City, FL 32401

Property at 909 Louisiana Ave, Panama City, FL 32401, 3 beds, 2 baths

$255,000

3 beds2 baths1,137 sq ft

909 Louisiana Ave, Panama City, FL 32401

Property at 2309 Rushes Ave, Panama City, FL 32405, 2 beds, 2 baths

$385,000

2 beds2 baths1,395 sq ft

2309 Rushes Ave, Panama City, FL 32405

Property at 4259 Dairy Farm Rd, Panama City, FL 32404, 3 beds, 2 baths

$329,900

3 beds2 baths1,501 sq ft

4259 Dairy Farm Rd, Panama City, FL 32404

Property at 1709 Cincinnati Ave, Panama City, FL 32401, 2 beds, 2 baths

$234,900

2 beds2 baths1,056 sq ft

1709 Cincinnati Ave, Panama City, FL 32401

Property at 1103 E 11th St Unit A & B, Panama City, FL 32401, 2 beds, 2 baths

$150,000

2 beds2 baths960 sq ft

1103 E 11th St Unit A & B, Panama City, FL 32401

Property at 406 Baldwin Rowe Cir #406, Panama City, FL 32405, 3 beds, 2.5 baths

$245,000

3 beds2.5 baths1,654 sq ft

406 Baldwin Rowe Cir #406, Panama City, FL 32405

Property at 1622 E 9th Ct, Panama City, FL 32401, 2 beds, 2 baths

$155,000

2 beds2 baths972 sq ft

1622 E 9th Ct, Panama City, FL 32401

Property at 6380 Bellavia Ln, Panama City, FL 32404, 4 beds, 2 baths

$275,000

4 beds2 baths1,500 sq ft

6380 Bellavia Ln, Panama City, FL 32404

Property at 313 N Macarthur Ave, Panama City, FL 32401, 3 beds, 1.5 baths

$273,000

3 beds1.5 baths1,623 sq ft

313 N Macarthur Ave, Panama City, FL 32401

Property at 3938 Solano Rd, Panama City, FL 32405, 3 beds, 2.5 baths

$195,000

3 beds2.5 baths1,401 sq ft

3938 Solano Rd, Panama City, FL 32405

Property at 2129 W 29th Plz, Panama City, FL 32405, 2 beds, 2 baths

$184,900

2 beds2 baths950 sq ft

2129 W 29th Plz, Panama City, FL 32405

Property at 4036 Woodridge Rd, Panama City, FL 32405, 2 beds, 2.5 baths

$235,000

2 beds2.5 baths1,324 sq ft

4036 Woodridge Rd, Panama City, FL 32405

Property at 618 College Ave, Panama City, FL 32401, 3 beds, 2 baths

$165,000

3 beds2 baths1,344 sq ft

618 College Ave, Panama City, FL 32401

Property at 551 Blue Heron Dr, Panama City, FL 32404, 3 beds, 2 baths

$389,999

3 beds2 baths1,901 sq ft

551 Blue Heron Dr, Panama City, FL 32404

Property at 1545 Chandlee Ave, Panama City, FL 32405, 3 beds, 2 baths

$244,900

3 beds2 baths1,162 sq ft

1545 Chandlee Ave, Panama City, FL 32405

Property at 215 N MacArthur Ave, Panama City, FL 32401, 7 beds, 4 baths

$449,000

7 beds4 baths3,184 sq ft

215 N MacArthur Ave, Panama City, FL 32401

Property at 4064 Brighton Blvd, Panama City, FL 32404, 3 beds, 2 baths

$289,000

3 beds2 baths1,615 sq ft

4064 Brighton Blvd, Panama City, FL 32404

Property at 316 Cherry St #36, Panama City, FL 32401, 2 beds, 2 baths

$254,000

2 beds2 baths860 sq ft

316 Cherry St #36, Panama City, FL 32401

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Based on information submitted to the MLS GRID as of Mon Dec 01 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in Panama City

There are currently 699 cheap homes for sale in Panama City at a median listing price of $294K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Panama City stay on the market for 91 days. Popular neighborhoods include Southport, St. Andrews, Cincinatti Hill, Sweetbay, and Panama City Downtown. This map is refreshed with the newest listings in Panama City every 15 minutes.

In the past month, 63 homes have been sold in Panama City. In addition to houses in Panama City, there were also 31 condos, 19 townhouses, and 14 multi-family units for sale in Panama City last month. Find your dream home in Panama City using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Panama City are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Panama City. Our Panama City real estate stats and trends will give you more information about home buying and selling trends in Panama City. If you're looking to sell your home in the Panama City area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Panama City with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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