Metropolitan market · Florida · June 2026 data

Panama City Real Estate Market

The Panama City, FL housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Panama City report in a click.

Median listing price
$399,900
▼ 5.9% YoY
Median $ / sq ft
$291
1,458 sq ft median
Median days on market
83
June 2026
Active listings
3,055
For sale now
New listings
748
June 2026
Listings with price cuts
23%
Share of active
Median sale price (closed)
$357,250
▲ 1.0% YoY · closed sales
Sale-to-list ratio
96.7%
Closed sales
Homes sold / month
462
Closed sales
Median listing price trend
$430K$422K$414K$407K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Panama City FL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$498K$441K$383K$326K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Panama City FL · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
3,055
New this month
748
Pending
724
Price-reduced
687

As of June 2026, the median home listed in Panama City, FL asks $399,900 — down 5.9% from a year ago. Homes are taking a median of 83 days to go under contract, and 23% of the 3,055 active listings have taken a price cut, which points to a buyer-leaning market. Figures cover the Panama City-Panama City Beach, FL metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
38/100
#711 of 932 covered metros
12-month outlook
-3.4%
▼ Cooling · model output, not advice
Price volatility
High
σ 8.3% · 20-yr price-index swings
Momentum
50
Value
35
Rental yield
78
Supply risk
96
Market heat
17

Panama City scores 38/100 on our composite Investor Score (#711 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 48% over five years and +110% over ten, leaving prices 60% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,601/mo for a two-bedroom, the gross rental yield on the median listing is about 4.8%; active inventory sits at 188% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 5.9% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Panama City ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$1,802/mo
−$205/mo vs today
At today's rate · 6.43%
$2,007/mo
National weekly average
If rates rise 1% · 7.43%
$2,222/mo
+$214/mo vs today

Principal & interest on the $399,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
2,277
▼ 15.4% vs 2024
11.0 per 1,000 residents
Net migration (2022–2023)
+4,444
▲ people, via tax-return records
net income flow +$251.5M/yr
Job growth (YoY)
+0.5%
▲ 94.8k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Hurricane

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Panama City market FAQs

What is the median home price in Panama City?
As of June 2026, the median listing price in Panama City, FL is $399,900, down 5.9% year over year (source: public records and industry data). Figures cover the Panama City-Panama City Beach, FL metro area.
How fast are homes selling in Panama City?
The median property in Panama City spends 83 days on the market, with 3,055 homes actively listed and 23% of them carrying a price cut — a buyer-leaning market by pace.
Who are the top real estate agents in Panama City?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Panama City and the wider Florida market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Panama City-Panama City Beach, FL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.