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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
2018 · Place 1 is the highest value.
| # | Territory | Median home value | |
|---|---|---|---|
| 103 | Alva | $317K | |
| 10 | Anna Maria | $859K | |
| 285 | Apalachicola | $141K | |
| 140 | Apollo Beach | $262K | |
| 81 | Atlantic Beach | $354K | |
| 77 | Atlantis | $358K | |
| 86 | Aventura | $345K | |
| 317 | Bagdad | $117K | |
| 6 | Bal Harbour | $1M | |
| 320 | Baldwin | $114K | |
| 55 | Bay Harbor Islands | $390K | |
| 205 | Bay Pines | $194K | |
| 360 | Bayonet Point | $83,700 | |
| 351 | Bayshore Gardens | $87,800 | |
| 368 | Bell | $78,000 | |
| 332 | Belle Glade | $104K | |
| 60 | Belleair | $383K | |
| 27 | Belleair Beach | $578K | |
| 188 | Belleair Bluffs | $210K | |
| 327 | Bellview | $109K | |
| 378 | Beverly Hills | $69,800 | |
| 71 | Big Pine Key | $367K | |
| 51 | Biscayne Park | $406K | |
| 171 | Bloomingdale | $226K | |
| 44 | Boca Raton | $434K | |
| … | |||
| 311 | Palmetto | $123K | |
| 32 | Palmetto Bay | $527K | |
| 353 | Panacea | $87,500 | |
| 270 | Panama City | $154K | |
| 166 | Panama City Beach | $229K | |
| 298 | Parker | $132K | |
| 26 | Parkland | $578K | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2018
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.