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

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Highlights
- The median age of a home in Panama City Beach is 38.1% younger than the median age of a home in Destin.

Housing
 Panama City Beach, FLDestin, FLUnited States
 Median Home Age212942
 Median Home Cost$472,900$605,200$338,100
 Home Appr. Last 12 months25.0%20.1%16.6%
 Home Appr. Last 5 yrs.84.5%81.1%57.0%
 Home Appr. Last 10 yrs.136.4%133.7%101.1%
 Property Tax Rate$6.2$6.7$11.0
 Homes Owned23.6%27.7%57.4%
 Housing Vacant61.0%55.8%11.2%
 Homes Rented15.4%16.4%31.4%
 space
 Avg Rent For Home Or Apartment
 Panama City Beach, FLDestin, FLUnited States
 Average Rent$2,060$2,290$1,840
 Studio Apartment$1,230$1,400$1,080
 1 Bedroom Home or Apartment$1,310$1,490$1,180
 2 Bedroom Home or Apartment$1,520$1,740$1,430
 3 Bedroom Home or Apartment$2,090$2,320$1,860
 4 Bedroom Home or Apartment$2,590$2,960$2,160
 space1
 Vacant Housing
 Panama City Beach, FLDestin, FLUnited States
 Vacant For Rent4.0%12.3%1.9%
 Vacant Rented0.4%0.2%0.4%
 Vacant For Sale0.3%1.6%0.7%
 Vacant Sold0.6%0.2%0.4%
 Vacant Vacation53.4%40.0%3.6%
 Vacant Other2.3%1.5%4.1%
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 Owner-Occupied Housing Value
 Panama City Beach, FLDestin, FLUnited States
 Less Than $20,0001.5%0.7%2.6%
 $20,000 to $39,9990.3%1.4%2.4%
 $40,000 to $59,9991.5%0.0%2.8%
 $60,000 to $79,9990.7%0.0%3.9%
 $80,000 to $99,9990.0%1.1%4.5%
 $100,000 to $149,9995.9%3.0%11.3%
 $150,000 to $199,99911.3%7.4%13.0%
 $200,000 to $299,99932.5%25.0%20.1%
 $300,000 to $399,99927.8%19.8%13.6%
 $400,000 to $499,99912.5%15.7%8.3%
 $500,000 to $749,9994.7%16.4%9.7%
 $750,000 to $999,9991.1%5.8%3.9%
 $1,000,000 to $1,499,9990.0%2.4%2.2%
 $1,500,000 to $1,999,9990.0%0.6%0.8%
 $2,000,000 and over0.1%0.7%1.1%
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 Housing Units By Year Built
 Panama City Beach, FLDestin, FLUnited States
 2015 and Newer0.0%0.5%0.2%
 2010 to 201443.1%21.6%13.6%
 2000 to 200943.1%21.6%13.6%
 1990 to 199916.2%24.3%13.6%
 1980 to 198921.7%27.0%13.2%
 1970 to 19797.4%14.7%14.8%
 1960 to 196916.2%24.3%13.6%
 1950 to 19590.7%0.9%10.0%
 1940 to 19491.4%0.3%4.7%
 1939 or Earlier0.1%0.4%12.2%

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Reviews for Panama City Beach    12 Reviews

Over 5 years ago

I've lived here since 2001 and have seen many changes, mainly for the good. Although in the last couple years, and even more so after Hurricane Michael the cost of  More

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Over 5 years ago

I loved this area until I heard the property owners/corporations increased peoples rents between 30% to 90% that were still recovering from last years  More

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Over 11 years ago

Pannama city lived in the neighboring area 6 years loved it . I think you expect to much from such a small town as for the papermill you either put up with the smell or  More

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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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ZIPS IN PANAMA CITY BEACH, FLORIDA
32413 32407
ZIPS IN DESTIN, FLORIDA
32541

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