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2024 Compare Cities Housing:
Destin, FL vs Panama City, FL

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Highlights
- The median age of a home in Destin is 55.2% younger than the median age of a home in Panama City.

Housing
 Destin, FLPanama City, FLUnited States
 Median Home Age294542
 Median Home Cost$605,200$252,800$338,100
 Home Appr. Last 12 months20.1%25.0%16.6%
 Home Appr. Last 5 yrs.81.1%84.5%57.0%
 Home Appr. Last 10 yrs.133.7%136.4%101.1%
 Property Tax Rate$6.7$6.9$11.0
 Homes Owned27.7%49.2%57.4%
 Housing Vacant55.8%9.9%11.2%
 Homes Rented16.4%40.9%31.4%
 space
 Avg Rent For Home Or Apartment
 Destin, FLPanama City, FLUnited States
 Average Rent$2,290$1,650$1,840
 Studio Apartment$1,400$990$1,080
 1 Bedroom Home or Apartment$1,490$1,050$1,180
 2 Bedroom Home or Apartment$1,740$1,220$1,430
 3 Bedroom Home or Apartment$2,320$1,670$1,860
 4 Bedroom Home or Apartment$2,960$2,070$2,160
 space1
 Vacant Housing
 Destin, FLPanama City, FLUnited States
 Vacant For Rent12.3%1.4%1.9%
 Vacant Rented0.2%0.6%0.4%
 Vacant For Sale1.6%0.2%0.7%
 Vacant Sold0.2%0.2%0.4%
 Vacant Vacation40.0%1.7%3.6%
 Vacant Other1.5%5.7%4.1%
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 Owner-Occupied Housing Value
 Destin, FLPanama City, FLUnited States
 Less Than $20,0000.7%2.0%2.6%
 $20,000 to $39,9991.4%1.7%2.4%
 $40,000 to $59,9990.0%5.3%2.8%
 $60,000 to $79,9990.0%3.6%3.9%
 $80,000 to $99,9991.1%8.6%4.5%
 $100,000 to $149,9993.0%15.3%11.3%
 $150,000 to $199,9997.4%20.6%13.0%
 $200,000 to $299,99925.0%23.4%20.1%
 $300,000 to $399,99919.8%9.4%13.6%
 $400,000 to $499,99915.7%4.4%8.3%
 $500,000 to $749,99916.4%2.3%9.7%
 $750,000 to $999,9995.8%1.6%3.9%
 $1,000,000 to $1,499,9992.4%0.9%2.2%
 $1,500,000 to $1,999,9990.6%0.3%0.8%
 $2,000,000 and over0.7%0.5%1.1%
 space3
 Housing Units By Year Built
 Destin, FLPanama City, FLUnited States
 2015 and Newer0.5%0.1%0.2%
 2010 to 201421.6%10.2%13.6%
 2000 to 200921.6%10.2%13.6%
 1990 to 199924.3%13.1%13.6%
 1980 to 198927.0%14.8%13.2%
 1970 to 197914.7%15.1%14.8%
 1960 to 196924.3%13.1%13.6%
 1950 to 19590.9%13.4%10.0%
 1940 to 19490.3%11.6%4.7%
 1939 or Earlier0.4%6.7%12.2%

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Reviews for Destin    14 Reviews

I find it amazing the place is rated one star - Yes the cost of housing is high especially as covid pushed more people to Florida. But living here is easy - three  More

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This tiny town is SO expensive. Unless you want a roach and mold infested place you will have to pay around $1800 or more and the “nice” places have reviews that scare  More

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I moved to Destin in 1987 when there was no development in the eastern part of town, only trees, beaches and a two lane road. I worked as a Sheriff's Deputy for over 30  More

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Reviews for Panama City    20 Reviews

Over 2 years ago

I moved here from Akron, OH back in 2007 and was expecting a huge city (similar to Miami), nope, I was wrong. It ended up being more like a backwards redneck town more  More

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Over 3 years ago

If you love bars, trailers, isolation, and generic shopping while feeling depressed then this is the place for you. Panama City has alot of shallow people, most red  More

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This review is from a 24 year resident moved from Michigan. When I first moved, I missed the bigger city things like a university, large library, electronics stores, and  More

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ZIPS IN DESTIN, FLORIDA
32541
ZIPS IN PANAMA CITY, FLORIDA
32405 32401

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