2025 Compare Cities Housing:
Panama City Beach, FL vs Royal Oak, MI

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Highlights
- The median age of a home in Panama City Beach is 209.5% younger than the median age of a home in Royal Oak.
 Panama City Beach, FLRoyal Oak, MIUnited States
 Median Home Age21  Unlock42
 Median Home Cost  Unlock$281,800$338,100
 Home Appr. Last 12 months25.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock47.2%57.0%
 Home Appr. Last 10 yrs.136.4%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned23.6%  Unlock57.4%
 Housing Vacant  Unlock7.1%11.2%
 Homes Rented15.4%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Panama City Beach, FLRoyal Oak, MIUnited States
 Average Rent  Unlock$1,820$1,840
 Studio Apartment$1,230  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,520  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,850$1,860
 4 Bedroom Home or Apartment$2,590  Unlock$2,160
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 Vacant Housing
 Panama City Beach, FLRoyal Oak, MIUnited States
 Vacant For Rent  Unlock2.0%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.6%3.6%
 Vacant Other2.3%  Unlock4.1%
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 Owner-Occupied Housing Value
 Panama City Beach, FLRoyal Oak, MIUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9990.3%  Unlock2.4%
 $40,000 to $59,999  Unlock0.6%2.8%
 $60,000 to $79,9990.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,9995.9%  Unlock11.3%
 $150,000 to $199,999  Unlock14.2%13.0%
 $200,000 to $299,99932.5%  Unlock20.1%
 $300,000 to $399,999  Unlock19.6%13.6%
 $400,000 to $499,99912.5%  Unlock8.3%
 $500,000 to $749,999  Unlock5.0%9.7%
 $750,000 to $999,9991.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 Panama City Beach, FLRoyal Oak, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.2%13.6%
 2000 to 200943.1%  Unlock13.6%
 1990 to 1999  Unlock3.8%13.6%
 1980 to 198921.7%  Unlock13.2%
 1970 to 1979  Unlock10.6%14.8%
 1960 to 196916.2%  Unlock13.6%
 1950 to 1959  Unlock29.5%10.0%
 1940 to 19491.4%  Unlock4.7%
 1939 or Earlier  Unlock16.5%12.2%
Reviews for Panama City Beach    12 Reviews

Over 6 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 6 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 12 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 Royal Oak    20 Reviews

Whoever put crime and urban decay as cons for Royal Oak has never been to Royal Oak. It is a very stable and safe suburb with a lot to do and access to many job  More

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Over 14 years ago

Michigan willturn around as soon as they break the bonds with the car companies.  More

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Over 15 years ago

Fun growing  More

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