2026 Compare Cities Housing:
Panama City, FL vs Lynn Haven, FL

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Highlights
- The median age of a home in Panama City is 40.0% older than the median age of a home in Lynn Haven.
 Panama City, FLLynn Haven, FLUnited States
 Median Home Age45  Unlock42
 Median Home Cost  Unlock$316,900$338,100
 Home Appr. Last 12 months25.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock84.5%57.0%
 Home Appr. Last 10 yrs.136.4%  Unlock101.1%
 Property Tax Rate  Unlock$6.5$11.0
 Homes Owned49.2%  Unlock57.4%
 Housing Vacant  Unlock13.8%11.2%
 Homes Rented40.9%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Panama City, FLLynn Haven, FLUnited States
 Average Rent  Unlock$1,960$1,840
 Studio Apartment$990  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$1,220  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,990$1,860
 4 Bedroom Home or Apartment$2,070  Unlock$2,160
 space1
 Vacant Housing
 Panama City, FLLynn Haven, FLUnited States
 Vacant For Rent  Unlock0.7%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock1.9%3.6%
 Vacant Other5.7%  Unlock4.1%
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 Owner-Occupied Housing Value
 Panama City, FLLynn Haven, FLUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9991.7%  Unlock2.4%
 $40,000 to $59,999  Unlock1.1%2.8%
 $60,000 to $79,9993.6%  Unlock3.9%
 $80,000 to $99,999  Unlock2.2%4.5%
 $100,000 to $149,99915.3%  Unlock11.3%
 $150,000 to $199,999  Unlock20.5%13.0%
 $200,000 to $299,99923.4%  Unlock20.1%
 $300,000 to $399,999  Unlock12.8%13.6%
 $400,000 to $499,9994.4%  Unlock8.3%
 $500,000 to $749,999  Unlock3.3%9.7%
 $750,000 to $999,9991.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.3%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 Panama City, FLLynn Haven, FLUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock26.7%13.6%
 2000 to 200910.2%  Unlock13.6%
 1990 to 1999  Unlock22.1%13.6%
 1980 to 198914.8%  Unlock13.2%
 1970 to 1979  Unlock10.6%14.8%
 1960 to 196913.1%  Unlock13.6%
 1950 to 1959  Unlock3.1%10.0%
 1940 to 194911.6%  Unlock4.7%
 1939 or Earlier  Unlock0.5%12.2%
Reviews for Panama City    20 Reviews

Over 4 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

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Over 5 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

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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

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Reviews for Lynn Haven    3 Reviews

I have lived here 9 years. Has been a safe area in College Point by the bay. Much has changed since last review. More restaurants. Parks improved. Still take 30 minutes  More

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This town, along with the surrounding Panama City and beach suffers from low pay and high cost of living. There are way more people than jobs. It is very seasonal on  More

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Over 19 years ago

One of the few downsides to living in Lynn Haven is the lack of museums, art galleries etc. When it's too hot and humid outdoors, there is little to do in the day  More

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