In February 2026, Panama City, FL homes were selling for an average price of $174,883, Panama City, FL homes on average sell after 50 days on the market compared to 74 days last year. There were 21 homes sold in Panama City, FL for February 2026, compared to 15 last year.
The average list price of Panama City, FL, was $600,026 in February 2026, compared to $159,408 in February 2025.
Panama City, FL Market Trend for Houses
Average List Price
The average list price of houses in Panama City, FL, was $650,429 in February 2026, compared to $281,667 in February 2025.
Panama City, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Panama City, FL, was $393,225 in February 2026, compared to $398,000 in February 2025.
Panama City, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Panama City, FL, was $165,023 in February 2026, compared to $90,162 in February 2025.
Panama City, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Panama City, FL, was $2,431,938 in February 2026, compared to $0 in February 2025.
Panama City, FL Housing Market Analysis
The average list price in Panama City, FL is $600,026. The average list price in Panama City, FL went up 302.84% from 2025 to 2026. Panama City, FL home resale inventories is 31, which increased 121.43% since 2025. The average list price per square foot in Panama City, FL is $295. 2025 it was $195.
