Over the past year, Panama Park has seen notable price growth. Typical home values are up 13.47% year over year, reaching about $146,950 in March 2026. That contrasts with Jacksonville overall, where typical values around $300,000 are down 1.64% from last year.
In the latest month, the market leaned strongly toward sellers, reflected in a seller's market gauge of 8 and relatively limited inventory of 20 homes. Homes spent a median of 49.5 days on the market in March, which is 13.16% faster than a year ago even after a recent month-over-month increase of 45.59%. Buyers saw a median list price of about $144,400, slightly lower than the prior month with a 1.74% decline, while the average sale-to-list-price ratio was 0.93 and roughly 21% of recent sales closed above the asking price.
Activity has picked up, with 30 new listings in March, a 57.89% jump from last year, and 24 pending sales, which is double the level a year ago. Looking ahead to April 2026, typical home values are projected to rise to about $156,675 even as inventory is expected to edge down to 17 and the projected median list price holds near $143,125. Whether you are a homeowner planning to sell into this strong seller’s market or a buyer trying to navigate tighter inventory and rising values, Agent Pronto can connect you with a local expert who understands Panama Park’s trends.
