Panama City, FL Real Estate Market Summary – September 7, 2026
In Panama City, FL, the real estate market has seen a total of 112 homes sold in the past 30 days, averaging 3.73 sales per day. The average days on market for these homes was approximately 17 days, with a median sale price of $280,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 112 |
| Sold Per Day | 3.73 |
| Average SQFT | 1813 |
| Median Sales Price | $280,000 |
| Average Sales Price | $328,733 |
| Average Price Per SQFT | $181 |
| Average Days on Market | 17 |
| Average Year Built | 2000 |
Panama City, FL Single Family Home Analysis
In the single-family segment, 106 homes were sold, maintaining a pace of 3.53 sales per day. These homes had an average living area of around 1,832 square feet and a median price of $287,500.
| Metric | 30 Days |
|---|---|
| Number Sold | 106 |
| Sold Per Day | 3.53 |
| Average SQFT | 1832 |
| Median Sales Price | $287,500 |
| Average Sales Price | $337,609 |
| Average Price Per SQFT | $184 |
| Average Days on Market | 17 |
| Average Year Built | 2001 |
Panama City, FL Condo & Townhome Analysis
For the condo and townhome segment, there were 4 units sold, equating to a pace of 1 sale every 7.5 days. The average living area for these properties was about 1,305 square feet, with a median sale price of $187,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1305 |
| Median Sales Price | $187,000 |
| Average Sales Price | $196,625 |
| Average Price Per SQFT | $160 |
| Average Days on Market | 16 |
| Average Year Built | 1979 |
Buyer & Seller Analysis
- 112 homes sold in the last 30 days
- Average days on market was 17
- Median sale price across all segments is $280,000
- Condo and townhome market has slower listings paced at 1 every 7.50 days
Conclusion
Overall, the Panama City real estate market shows consistent activity, particularly in the single-family homes segment. The data suggests a steady pace in transactions, reflecting ongoing interest in the area’s properties.