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2024 Compare Cities Housing:
Panama City, FL vs Ocala, FL

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Highlights
- The median age of a home in Panama City is 11.1% older than the median age of a home in Ocala.

Housing
 Panama City, FLOcala, FLUnited States
 Median Home Age454042
 Median Home Cost$252,800$278,500$338,100
 Home Appr. Last 12 months25.0%29.3%16.6%
 Home Appr. Last 5 yrs.84.5%98.0%57.0%
 Home Appr. Last 10 yrs.136.4%175.5%101.1%
 Property Tax Rate$6.9$7.8$11.0
 Homes Owned49.2%43.6%57.4%
 Housing Vacant9.9%10.3%11.2%
 Homes Rented40.9%46.2%31.4%
 space
 Avg Rent For Home Or Apartment
 Panama City, FLOcala, FLUnited States
 Average Rent$1,650$1,450$1,840
 Studio Apartment$990$870$1,080
 1 Bedroom Home or Apartment$1,050$930$1,180
 2 Bedroom Home or Apartment$1,220$1,150$1,430
 3 Bedroom Home or Apartment$1,670$1,470$1,860
 4 Bedroom Home or Apartment$2,070$1,600$2,160
 space1
 Vacant Housing
 Panama City, FLOcala, FLUnited States
 Vacant For Rent1.4%2.5%1.9%
 Vacant Rented0.6%0.6%0.4%
 Vacant For Sale0.2%0.4%0.7%
 Vacant Sold0.2%0.4%0.4%
 Vacant Vacation1.7%2.2%3.6%
 Vacant Other5.7%4.1%4.1%
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 Owner-Occupied Housing Value
 Panama City, FLOcala, FLUnited States
 Less Than $20,0002.0%4.2%2.6%
 $20,000 to $39,9991.7%4.5%2.4%
 $40,000 to $59,9995.3%6.5%2.8%
 $60,000 to $79,9993.6%6.8%3.9%
 $80,000 to $99,9998.6%5.5%4.5%
 $100,000 to $149,99915.3%20.7%11.3%
 $150,000 to $199,99920.6%15.2%13.0%
 $200,000 to $299,99923.4%18.2%20.1%
 $300,000 to $399,9999.4%7.9%13.6%
 $400,000 to $499,9994.4%6.0%8.3%
 $500,000 to $749,9992.3%2.4%9.7%
 $750,000 to $999,9991.6%0.3%3.9%
 $1,000,000 to $1,499,9990.9%0.1%2.2%
 $1,500,000 to $1,999,9990.3%0.4%0.8%
 $2,000,000 and over0.5%1.2%1.1%
 space3
 Housing Units By Year Built
 Panama City, FLOcala, FLUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 201410.2%17.8%13.6%
 2000 to 200910.2%17.8%13.6%
 1990 to 199913.1%11.6%13.6%
 1980 to 198914.8%19.2%13.2%
 1970 to 197915.1%18.1%14.8%
 1960 to 196913.1%11.6%13.6%
 1950 to 195913.4%7.5%10.0%
 1940 to 194911.6%4.4%4.7%
 1939 or Earlier6.7%3.8%12.2%

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Reviews for Panama City    20 Reviews

Over 2 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 3 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 Ocala    56 Reviews

My wife and I have lived in Ocala as retirees since 2014 and we love it here. It is definitely a place for retired folks. There is lots to do here for us. As for  More

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I lived here for 12 years during my 20's to early 30's. Raised my children and started careers. This place offered plenty of work, good neighbors and lots of memories.  More

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Over 2 years ago

I like this city, a small town and a lot to offer for adults between 30 to seniors. Now if you planing to move with teens is not for you, unless you coming from another  More

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ZIPS IN PANAMA CITY, FLORIDA
32405 32401
ZIPS IN OCALA, FLORIDA
34471 34482 34470 34480 34481 34474 34479 34475

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