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Housing in Panama City, Florida

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HousingPanama City, FLUnited States
Median Home Age39.335.1
Median Home Cost$88,400$153,800
Home Appreciation-0.24%1.62%
Homes Owned45.21%57.69%
Housing Vacant15.17%11.38%
Homes Rented39.62%30.93%
Property Tax Rate$7.22$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0002.01%2.72%
$20,000 to $39,9996.80%4.03%
$40,000 to $59,9999.10%5.58%
$60,000 to $79,99912.43%7.09%
$80,000 to $99,99911.82%8.80%
$100,000 to $149,99930.28%21.26%
$150,000 to $199,99912.26%14.87%
$200,000 to $299,9998.94%16.82%
$300,000 to $399,9993.08%7.83%
$400,000 to $499,9991.40%4.04%
$500,000 to $749,9991.16%4.05%
$750,000 to $999,9990.28%1.26%
$1,000,000 or more0.45%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20057.19%13.71%
1995 to 199810.74%14.31%
1990 to 199410.74%14.31%
1980 to 198914.44%13.87%
1970 to 197919.84%16.17%
1960 to 196911.32%11.70%
1950 to 195917.33%11.08%
1940 to 194912.54%6.02%
1939 or Earlier6.60%13.15%


The median home value in Panama City, FL, is $88,400. Home appreciation is -0.24% over the last year. The median age of Panama City, FL, real estate is 39 years.

Panama City, FL Apartments and Rentals

Renters make up 39.62% of the Panama City, FL, population. 15.17% of houses and apartments in Panama City, FL, are unoccupied (vacancy rate).


Panama City Housing SperlingViews

The redneck Riviera.: Panama City is an overrated trailer park. Jobs are low wage and hard to find. The draw down at Tyndall AFB has really hit the economy hard. Allot of boarded up... (read more)re: Panama city is home - 8/23/2006: Criminal activity is on the rise along with the many condos. This isn't a nice place to live. If you are looking to relocate to the Florida Panhandle then may I... (read more)Panama city is home: Panama City is beautiful but is growing in leaps and bounds. Condos are blocking the view of the beaches. Except for summer when the temputure climbs and the humidity... (read more)Have an opinion about Panama City? Leave a commentTo See All SperlingViews for Panama City Click Here