2025 Compare Cities Housing:
Panama City, FL vs Conway, AR

Change Cities
Highlights
- The median age of a home in Panama City is 46.7% older than the median age of a home in Conway.
 Panama City, FLConway, ARUnited States
 Median Home Age45  Unlock42
 Median Home Cost  Unlock$207,100$338,100
 Home Appr. Last 12 months25.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock42.2%57.0%
 Home Appr. Last 10 yrs.136.4%  Unlock101.1%
 Property Tax Rate  Unlock$6.8$11.0
 Homes Owned49.2%  Unlock57.4%
 Housing Vacant  Unlock9.1%11.2%
 Homes Rented40.9%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Panama City, FLConway, ARUnited States
 Average Rent  Unlock$1,210$1,840
 Studio Apartment$990  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$800$1,180
 2 Bedroom Home or Apartment$1,220  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,230$1,860
 4 Bedroom Home or Apartment$2,070  Unlock$2,160
 space1
 Vacant Housing
 Panama City, FLConway, ARUnited States
 Vacant For Rent  Unlock4.6%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other5.7%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Panama City, FLConway, ARUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9991.7%  Unlock2.4%
 $40,000 to $59,999  Unlock0.3%2.8%
 $60,000 to $79,9993.6%  Unlock3.9%
 $80,000 to $99,999  Unlock3.4%4.5%
 $100,000 to $149,99915.3%  Unlock11.3%
 $150,000 to $199,999  Unlock24.5%13.0%
 $200,000 to $299,99923.4%  Unlock20.1%
 $300,000 to $399,999  Unlock9.9%13.6%
 $400,000 to $499,9994.4%  Unlock8.3%
 $500,000 to $749,999  Unlock3.5%9.7%
 $750,000 to $999,9991.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.0%2.2%
 $1,500,000 to $1,999,9990.3%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Panama City, FLConway, ARUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock25.0%13.6%
 2000 to 200910.2%  Unlock13.6%
 1990 to 1999  Unlock24.7%13.6%
 1980 to 198914.8%  Unlock13.2%
 1970 to 1979  Unlock8.5%14.8%
 1960 to 196913.1%  Unlock13.6%
 1950 to 1959  Unlock2.7%10.0%
 1940 to 194911.6%  Unlock4.7%
 1939 or Earlier  Unlock1.3%12.2%
Reviews for Panama City    20 Reviews

Over 3 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

   |    Reply

Over 4 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

   |    Reply

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

   |    Reply

Start Your Review of Panama City

Reviews for Conway    13 Reviews

Over 10 years ago

I have been a resident in Conway most of my life. Conway is a nice college town. The humidity can be really intense at times. Summers can be quite miserable with high  More

   |    Reply

We moved to Conway from the Dallas, Texas area in 2010. Housing is more affordable here in Conway due to the dramatically lower real estate taxes. There are many more  More

   |    Reply

It is young - 26.8 median age It is smart - 3 colleges, 36% of the pop has a college degree It is affordable - 86.3 index It is convenient - 30 minutes from LR.  More

   |    Reply

Start Your Review of Conway


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.