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Housing
Statistics · City
estimate
Median home value in Panama City
2013 – 2024 · 12 data points
303 of 385 · Towns of Florida
Updated Oct 27, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
8 figures
People
24 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$268,900
+11%
since 2023 ± $16,269 · margin of error
Towns of Florida · 2024
303 of 385
Place 1 is the highest value.
since 2014
+101%
+6.5% a year on average
vs Bay County
−13%
Bay County: $310,500 · 2024
Median home value, 2013 – 2024 US Dollar · Panama City · Bay County · Florida · United States
+101% since 2014
$100K
$200K
$300K
$400K
2013
2016
2018
2020
2024
Panama City
Bay County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Median home value · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Panama City · 2013 – 2024
Latest value
$268,900 · 2024
First value
$135,100 · 2013
Highest
$268,900 · 2024
Lowest
$133,600 · 2015
Average change
+6.5% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Panama City | ± | Change | Bay County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $268,900 | $16,269 | +11% | $310K | $359K | $333K |
| 2023estimate | $243,200 | $11,199 | +14% | $277K | $325K | $303K |
| 2022estimate | $213,600 | $10,351 | +22% | $247K | $292K | $282K |
| 2021estimate | $175,800 | $10,159 | +4.0% | $210K | $249K | $245K |
| 2020estimate | $169,100 | $8,018 | +8.5% | $195K | $232K | — |
| 2019estimate | $155,800 | $6,259 | +1.4% | $178K | $215K | — |
| 2018estimate | $153,600 | $6,066 | +4.3% | $173K | $197K | — |
| 2017estimate | $147,300 | $9,600 | +9.4% | $166K | $179K | — |
| 2016estimate | $134,700 | $9,314 | +0.8% | $162K | $167K | — |
| 2015estimate | $133,600 | $9,047 | −0.1% | $158K | $159K | — |
| 2014estimate | $133,800 | $8,834 | −1.0% | $156K | $156K | — |
| 2013estimate | $135,100 | $8,740 | $158K | $160K | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Median home value | |
|---|---|---|---|
| 1 | Palm Beach | $2M | |
| 2 | Sea Ranch Lakes | $2M | |
| 3 | Golden Beach | $2M | |
| 4 | Jupiter Island | $2M | |
| 5 | Bal Harbour | $1.8M | |
| 6 | Key Biscayne | $1.6M | |
| 7 | Naples | $1.5M | |
| 8 | Sewall's Point | $1.5M | |
| 9 | Pinecrest | $1.4M | |
| 10 | Anna Maria | $1.4M | |
| 11 | Ocean Ridge | $1.1M | |
| 12 | Indian River Shores | $1.1M | |
| 13 | Coral Gables | $1.1M | |
| 14 | Duck Key | $1.1M | |
| 15 | Longboat Key | $1M | |
| 16 | Belleair Beach | $1M | |
| 17 | North Redington Beach | $989K | |
| 18 | Siesta Key | $986K | |
| 19 | Parkland | $983K | |
| 20 | Sanibel | $957K | |
| 21 | Islamorada | $920K | |
| 22 | Highland Beach | $909K | |
| 23 | Southwest Ranches | $906K | |
| 24 | South Beach | $901K | |
| 25 | Marco Island | $896K | |
| … | |||
| 300 | Port Charlotte | $270K | |
| 301 | Palm Springs | $270K | |
| 302 | Hudson | $269K | |
| 303 | Panama City | $269K | |
| 304 | Titusville | $267K | |
| 305 | Ferry Pass | $260K | |
| 306 | Orange City | $259K | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
The value in the middle of all owner-occupied homes.
How it is calculated
Median of owners' estimates of what their home would sell for, from the survey.