In July 2026, the median home sale price in Panama City, FL was $210,000, with homes selling in an average of 50 days — faster than the 59-day average last year, indicating stronger demand. A total of 19 homes sold in this period, up from 17 last year — a sign of an active market.
The median list price of Panama City, FL, was $247,000 in July 2026, compared to $86,000 in July 2025.
Panama City, FL Market Trend for Houses
Median List Price
The median list price of houses in Panama City, FL, was $274,000 in July 2026, compared to $245,000 in July 2025.
Panama City, FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Panama City, FL, was $399,900 in July 2026, compared to $0 in July 2025.
Panama City, FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Panama City, FL, was $86,000 in July 2026, compared to $64,999 in July 2025.
Panama City, FL Market Trend for Commercial
Median List Price
The median list price of commercial in Panama City, FL, was $2,092,000 in July 2026, compared to $0 in July 2025.
Panama City, FL Housing Market Analysis
There are currently 38 homes listed for sale in Panama City, FL, an increase of 153.33% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $1,032,072 (up 401.51% year-over-year), and the average price per square foot is $211 compared to $157 in 2025. Properties spend an average of 218 days on the market before going under contract.
