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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 Nov 7, 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
2017 · Place 1 is the highest value.
| # | Territory | Median home value | |
|---|---|---|---|
| 96 | Alva | $301K | |
| 14 | Anna Maria | $704K | |
| 278 | Apalachicola | $130K | |
| 144 | Apollo Beach | $236K | |
| 68 | Atlantic Beach | $349K | |
| 78 | Atlantis | $336K | |
| 84 | Aventura | $325K | |
| 330 | Bagdad | $98,500 | |
| 9 | Bal Harbour | $756K | |
| 308 | Baldwin | $113K | |
| 54 | Bay Harbor Islands | $374K | |
| 204 | Bay Pines | $173K | |
| 364 | Bayonet Point | $74,100 | |
| 359 | Bayshore Gardens | $77,400 | |
| 361 | Bell | $76,800 | |
| 313 | Belle Glade | $111K | |
| 58 | Belleair | $363K | |
| 23 | Belleair Beach | $546K | |
| 193 | Belleair Bluffs | $182K | |
| 325 | Bellview | $104K | |
| 375 | Beverly Hills | $63,400 | |
| 63 | Big Pine Key | $356K | |
| 49 | Biscayne Park | $392K | |
| 168 | Bloomingdale | $210K | |
| 44 | Boca Raton | $401K | |
| … | |||
| 300 | Palmetto | $117K | |
| 30 | Palmetto Bay | $490K | |
| 356 | Panacea | $79,600 | |
| 258 | Panama City | $147K | |
| 155 | Panama City Beach | $220K | |
| 280 | Parker | $129K | |
| 22 | Parkland | $548K | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2017
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.