Panama City, FL Real Estate & Property Data

Panama City Real Estate Market Trends
Last Updated: August 30, 2025

To gain insights into Panama City, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Panama City real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 2,784 residential properties have been sold in Panama City, FL over the past year, with a median home price of $310,000. Additionally, 26.55% of homes in Panama City are equity rich, while 1.18% of homes are seriously underwater. There have been 23 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Panama City, Florida, you can rely on ATTOM, your go-to source for Panama City property reports and real estate data.

Panama City Real Estate Market Trends
Total Residential Properties 53,696
Total Commercial Properties 3,938
Avg. Home Age (Single Family Home) 39 Years
Avg. Square Feet (Single Family Home) 1,766
Total 2025 Residential Sales (year-to-date) 1,263
% of Homes Seriously Underwater (Q3 2025) 1.18%
Total 2024 Residential Sales 2,605
% of Equity Rich Homes (Q3 2025) 26.55%
Effective 2024 Property Tax 0.87%
Total Foreclosure Filings (year-to-date) 163
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Panama City, FL Real Estate Overview

Panama City, FL saw 2,784 residential properties being sold in the past year, with a median home value of $285,208. The city of Panama City has a total of 53,696 residential properties, spread across 3232 streets and 6 zip codes.

Median Sales Price i
$310,000
(Jun 2025)
-11.4%
year-over-year
y-o-y
  • June '25 Jun '25 $310,000
  • May '25 May '25 $335,000
  • April '25 Apr '25 $299,000
  • March '25 Mar '25 $311,250
  • February '25 Feb '25 $320,000
  • January '25 Jan '25 $312,000
  • December '24 Dec '24 $315,000
  • November '24 Nov '24 $305,000
  • October '24 Oct '24 $350,000
  • September '24 Sep '24 $328,750
  • August '24 Aug '24 $335,000
  • July '24 Jul '24 $370,000
Median Down Payment i
$38,000
(Jun 2025)
-22.7%
year-over-year
y-o-y
  • June '25 Jun '25 $38,000
  • May '25 May '25 $42,500
  • April '25 Apr '25 $35,000
  • March '25 Mar '25 $59,605
  • February '25 Feb '25 $35,412
  • January '25 Jan '25 $15,600
  • December '24 Dec '24 $49,000
  • November '24 Nov '24 $15,353
  • October '24 Oct '24 $70,000
  • September '24 Sep '24 $35,613
  • August '24 Aug '24 $47,700
  • July '24 Jul '24 $70,227
Number of Homes Sold i
235
(Jun 2025)
-2.9%
year-over-year
y-o-y
  • June '25 Jun '25 235
  • May '25 May '25 235
  • April '25 Apr '25 231
  • March '25 Mar '25 234
  • February '25 Feb '25 149
  • January '25 Jan '25 179
  • December '24 Dec '24 248
  • November '24 Nov '24 186
  • October '24 Oct '24 206
  • September '24 Sep '24 180
  • August '24 Aug '24 218
  • July '24 Jul '24 241
Number of Purchase Loans i
133
(Jun 2025)
-6.3%
year-over-year
y-o-y
  • June '25 Jun '25 133
  • May '25 May '25 141
  • April '25 Apr '25 143
  • March '25 Mar '25 137
  • February '25 Feb '25 95
  • January '25 Jan '25 124
  • December '24 Dec '24 183
  • November '24 Nov '24 135
  • October '24 Oct '24 127
  • September '24 Sep '24 113
  • August '24 Aug '24 142
  • July '24 Jul '24 155
Number of REFI Loans i
74
(Jun 2025)
+15.6%
year-over-year
y-o-y
  • June '25 Jun '25 74
  • May '25 May '25 90
  • April '25 Apr '25 89
  • March '25 Mar '25 81
  • February '25 Feb '25 71
  • January '25 Jan '25 57
  • December '24 Dec '24 75
  • November '24 Nov '24 67
  • October '24 Oct '24 98
  • September '24 Sep '24 85
  • August '24 Aug '24 82
  • July '24 Jul '24 84
Number of HELOC Loans i
24
(Jun 2025)
-7.7%
year-over-year
y-o-y
  • June '25 Jun '25 24
  • May '25 May '25 19
  • April '25 Apr '25 47
  • March '25 Mar '25 32
  • February '25 Feb '25 23
  • January '25 Jan '25 25
  • December '24 Dec '24 31
  • November '24 Nov '24 31
  • October '24 Oct '24 24
  • September '24 Sep '24 36
  • August '24 Aug '24 36
  • July '24 Jul '24 35

Panama City, FL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Panama City, FL Foreclosure Activity

There were a total of 23 Panama City, FL properties with a foreclosure filing in June 2025. Lenders started the foreclosure process on 19 Panama City, FL properties and repossessed 2 Panama City, FL properties through completed foreclosures (REOs) in June 2025.

Total Foreclosure Filings i
23
(Jun 2025)
-8%
year-over-year
y-o-y
  • June '25 Jun '25 23
  • May '25 May '25 33
  • April '25 Apr '25 45
  • March '25 Mar '25 20
  • February '25 Feb '25 22
  • January '25 Jan '25 20
  • December '24 Dec '24 11
  • November '24 Nov '24 14
  • October '24 Oct '24 24
  • September '24 Sep '24 30
  • August '24 Aug '24 24
  • July '24 Jul '24 26
Foreclosure Starts i
19
(Jun 2025)
-17.4%
year-over-year
y-o-y
  • June '25 Jun '25 19
  • May '25 May '25 21
  • April '25 Apr '25 36
  • March '25 Mar '25 16
  • February '25 Feb '25 17
  • January '25 Jan '25 11
  • December '24 Dec '24 7
  • November '24 Nov '24 9
  • October '24 Oct '24 19
  • September '24 Sep '24 23
  • August '24 Aug '24 13
  • July '24 Jul '24 21
Completed Foreclosures (REOs) i
2
(Jun 2025)
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 6
  • March '25 Mar '25 1
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 1
  • November '24 Nov '24 2
  • October '24 Oct '24 2
  • September '24 Sep '24 3
  • August '24 Aug '24 3
  • July '24 Jul '24 1
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