2024 Compare Cities Housing:
Panama City Beach, FL vs North Myrtle Beach, SC

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Highlights
- The median age of a home in Panama City Beach is 19.0% younger than the median age of a home in North Myrtle Beach.
 Panama City Beach, FLNorth Myrtle Beach, SCUnited States
 Median Home Age212542
 Median Home Cost$472,900$377,000$338,100
 Home Appr. Last 12 months25.0%21.9%16.6%
 Home Appr. Last 5 yrs.84.5%59.2%57.0%
 Home Appr. Last 10 yrs.136.4%81.7%101.1%
 Property Tax Rate$6.2$4.0$11.0
 Homes Owned23.6%26.0%57.4%
 Housing Vacant61.0%67.4%11.2%
 Homes Rented15.4%6.6%31.4%
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 Avg Rent For Home Or Apartment
 Panama City Beach, FLNorth Myrtle Beach, SCUnited States
 Average Rent$2,060$1,630$1,840
 Studio Apartment$1,230$1,100$1,080
 1 Bedroom Home or Apartment$1,310$1,130$1,180
 2 Bedroom Home or Apartment$1,520$1,290$1,430
 3 Bedroom Home or Apartment$2,090$1,650$1,860
 4 Bedroom Home or Apartment$2,590$1,860$2,160
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 Vacant Housing
 Panama City Beach, FLNorth Myrtle Beach, SCUnited States
 Vacant For Rent4.0%20.8%1.9%
 Vacant Rented0.4%0.2%0.4%
 Vacant For Sale0.3%0.6%0.7%
 Vacant Sold0.6%0.4%0.4%
 Vacant Vacation53.4%43.4%3.6%
 Vacant Other2.3%1.8%4.1%
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 Owner-Occupied Housing Value
 Panama City Beach, FLNorth Myrtle Beach, SCUnited States
 Less Than $20,0001.5%0.4%2.6%
 $20,000 to $39,9990.3%1.0%2.4%
 $40,000 to $59,9991.5%1.7%2.8%
 $60,000 to $79,9990.7%1.9%3.9%
 $80,000 to $99,9990.0%2.6%4.5%
 $100,000 to $149,9995.9%6.3%11.3%
 $150,000 to $199,99911.3%10.7%13.0%
 $200,000 to $299,99932.5%27.0%20.1%
 $300,000 to $399,99927.8%22.6%13.6%
 $400,000 to $499,99912.5%11.8%8.3%
 $500,000 to $749,9994.7%10.4%9.7%
 $750,000 to $999,9991.1%1.3%3.9%
 $1,000,000 to $1,499,9990.0%2.0%2.2%
 $1,500,000 to $1,999,9990.0%0.3%0.8%
 $2,000,000 and over0.1%0.0%1.1%
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 Housing Units By Year Built
 Panama City Beach, FLNorth Myrtle Beach, SCUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 201443.1%35.7%13.6%
 2000 to 200943.1%35.7%13.6%
 1990 to 199916.2%14.6%13.6%
 1980 to 198921.7%21.1%13.2%
 1970 to 19797.4%9.9%14.8%
 1960 to 196916.2%14.6%13.6%
 1950 to 19590.7%4.0%10.0%
 1940 to 19491.4%0.4%4.7%
 1939 or Earlier0.1%0.0%12.2%
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 North Myrtle Beach    4 Reviews

Over 11 years ago

High taxes, tolls, utilities but close to NYC. Not a good place to retire unless well to do & you have a house on the Jersey shore. Then again, that's if your house  More

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Definitely a tourist area. Not a good place to raise kids! Schools are terrible. Decent amount of crime, nothing too extreme. High accident rate. Dear god do NOT drive  More

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Over 13 years ago

I have visited this area and it is very nice. I am thinking of longer stays. The only thing I find troubling is the lower end rating for water in this area in general.  More

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