Dan MarusinFlorida real estate, in English and RussianНа русском
Bay County, Florida

Panama City, FL Real Estate

The typical home value in Panama City is $282K (Zillow, September 2026): +1.1% over the past year and +23.2% over 5 years.

The Panama City, FL City Hall from the main parking lot.
Photo: Balon Greyjoy, CC0 via Wikimedia Commons
Typical home value
$282K
Zillow, September 2026
Past year
+1.1%
Past 5 years
+23.2%
Typical condo
$279K
past year +2.1%
Typical single-family
$283K
past year +1.2%
Lower third of the market
$184K
typical value
Upper third
$419K
typical value
Typical home value: Panama City
All homesCondosSingle-family
$100K$150K$200K$250K$300K$350K20122014201620182020202220242026$283K$282K$279K

Zillow Home Value Index, mid-tier, seasonally adjusted. Hover to see any date.

Data table
MonthAll homesCondosSingle-family
Dec 2012$117,582$114,693$119,568
Dec 2013$124,774$121,883$126,889
Dec 2014$130,821$133,663$132,148
Dec 2015$139,948$146,185$141,002
Dec 2016$145,811$151,119$147,706
Dec 2017$155,034$158,870$156,958
Dec 2018$171,532$181,026$172,901
Dec 2019$173,514$189,120$173,499
Dec 2020$208,641$215,263$208,887
Dec 2021$235,089$254,340$234,813
Dec 2022$272,546$297,268$272,104
Dec 2023$280,795$300,568$280,442
Dec 2024$281,084$279,462$281,088
Dec 2025$279,369$274,273$279,636
Sep 2026$282,475$279,372$282,807

See how Panama City compares on the Florida price map · Check what you can afford

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Or reach me directly: (754) 203-9632 · [email protected] · WhatsApp on the same number

I reply personally within one business day. Dan Marusin, FL Sales Associate SL3542968, LoKation Real Estate.

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Data: Zillow Home Value Index (ZHVI), Zillow Research, latest month September 2026. These are planning numbers, not an appraisal of any property.