Panama City is the largest city between Tallahassee and Pensacola, close to the Tyndall Air Force Base. The St. Andrews Bay surrounds much of the picturesque Panama City area.
Home buyers are drawn to Panama City for a number of reasons including, reasonable home prices, moderate climate, and a plethora of recreational opportunities.
Property Types(active listings)
Average Price:$413,743
Total Listings:1,161
Avg. Days On Market:9
Avg. Price/SQFT:$446
Highest Price:$5,250,000
Lowest Price:$75,000
Avg. Property Age:26 YEARS
Basic Statistics(active listings)
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More about Panama City homes and Panama City Real Estate
Originally the area was broken into three homesteads and named Harrison. Later the town was renamed Panama City and the main road named Harrison Avenue. Panama City was incorporated in 1909 and the first settlers came to the area for fishing, salt and lumber.
Panama City Real Estate has an eclectic collection of homes and lots for sale, rent and commercial investment opportunities available.
Amenities in Panama City
The area is also home to several public and private schools, Gulf Coast Community College and the Panama City Florida State University. Panama City has many shopping, dining and entertainment options available for guests and residents to take advantage of. This is a great area to visit or call home.
WANT TO LEARN MORE ABOUT PANAMA CITY HOMES<
Our team can help your Florida waterfront real estate dreams come true. Call us at 1.850.249.3718 or contact us online for a free consultation.
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved. Vendors Member Number : 28325
Listing information last updated on May 10th, 2026 at 9:22am CDT.
