All Home Types
Panama City, FL Housing Market
What is the housing market like in Panama City today?
In May 2025, Panama City home prices were up 14.5% compared to last year, selling for a median price of $320K. On average, homes in Panama City sell after 69 days on the market compared to 48 days last year. There were 71 homes sold in May this year, down from 90 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$320,000
+14.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Panama City, FL
$320,000
+14.5%
United States
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Panama City Migration & Relocation Trends
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