Zip 32405 (Panama City, FL) Housing

The housing in 32405 Panama City, FL is a great investment opportunity due to its median value of $269,200 being much lower than the US median value at $338,100. In addition, it shows a much higher one year house appreciation percentage of 15.93%, compared to the US rate of 8.27%. This makes for a good long-term investment with the potential of further growth and appreciation over time.

The median home cost in Panama City (zip 32405) is $269,200. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Panama City (zip 32405) is up 25.0%.

Average Age of Homes

- The median age of Panama City (zip 32405) real estate is 32 years old

The Rental Market in Panama City (zip 32405)

- Renters make up 41.5% of the Panama City (zip 32405) population
- 1.6% of houses and apartments in Panama City (zip 32405), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Panama City, Florida	United States
	13,602.0	139,647,020.0
	36	42
	$269,200	$338,100
	25.0%	16.6%
	84.5%	57.0%
	136.4%	101.1%
	$6.41	$10.98
	$1,228	$2,690
	55.0%	57.4%
	10.2%	11.2%
	34.8%	31.4%
Vacant Housing
	1.6%	1.9%
	0.5%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	1.9%	3.6%
	5.9%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	1.6%	2.4%
	3.1%	2.8%
	5.0%	3.9%
	5.1%	4.5%
	14.7%	11.3%
	21.4%	13.0%
	27.5%	20.1%
	10.6%	13.6%
	4.7%	8.3%
	0.6%	9.7%
	1.9%	3.9%
	0.4%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.1%	13.6%
	15.1%	13.6%
	19.0%	13.6%
	19.4%	13.2%
	19.7%	14.8%
	19.0%	13.6%
	7.8%	10.0%
	3.0%	4.7%
	0.9%	12.2%

Reviews for Panama City

See all (0)

Write a Review

Start Your Review of Panama City

Commute