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Panama City, FL real estate

Compare top Panama City real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Panama City real estate Market Report.

Information and statistics on the latest trends in the Panama City real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$300K
+3.4% from Q1 '26
Median list price
$297K
-0.8% from Q1 '26
Active listings
592
+11% from Q1 '26
Homes sold
211
+32% from Q1 '26
New pendings
234
+4.9% from Q1 '26
New listings
328
+15% from Q1 '26

Quarterly Pricing Trends for Panama City

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Panama City Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $194K Median sale price in Jul 2021 - Sep 2021: $239K Median sale price in Oct 2021 - Dec 2021: $230K Median sale price in Jan 2022 - Mar 2022: $265K Median sale price in Apr 2022 - Jun 2022: $267K Median sale price in Jul 2022 - Sep 2022: $295K Median sale price in Oct 2022 - Dec 2022: $289K Median sale price in Jan 2023 - Mar 2023: $292K Median sale price in Apr 2023 - Jun 2023: $293K Median sale price in Jul 2023 - Sep 2023: $276K Median sale price in Oct 2023 - Dec 2023: $285K Median sale price in Jan 2024 - Mar 2024: $277K Median sale price in Apr 2024 - Jun 2024: $290K Median sale price in Jul 2024 - Sep 2024: $286K Median sale price in Oct 2024 - Dec 2024: $305K Median sale price in Jan 2025 - Mar 2025: $321K Median sale price in Apr 2025 - Jun 2025: $305K Median sale price in Jul 2025 - Sep 2025: $344K Median sale price in Oct 2025 - Dec 2025: $278K Median sale price in Jan 2026 - Mar 2026: $290K Median list price in Apr 2021 - Jun 2021: $223K Median list price in Jul 2021 - Sep 2021: $235K Median list price in Oct 2021 - Dec 2021: $265K Median list price in Jan 2022 - Mar 2022: $300K Median list price in Apr 2022 - Jun 2022: $300K Median list price in Jul 2022 - Sep 2022: $290K Median list price in Oct 2022 - Dec 2022: $315K Median list price in Jan 2023 - Mar 2023: $290K Median list price in Apr 2023 - Jun 2023: $281K Median list price in Jul 2023 - Sep 2023: $287K Median list price in Oct 2023 - Dec 2023: $277K Median list price in Jan 2024 - Mar 2024: $310K Median list price in Apr 2024 - Jun 2024: $290K Median list price in Jul 2024 - Sep 2024: $328K Median list price in Oct 2024 - Dec 2024: $295K Median list price in Jan 2025 - Mar 2025: $309K Median list price in Apr 2025 - Jun 2025: $344K Median list price in Jul 2025 - Sep 2025: $275K Median list price in Oct 2025 - Dec 2025: $270K Median list price in Jan 2026 - Mar 2026: $300K Apr 2021 - Jun 2021 Median sale price $194K Median list price $223K Jul 2021 - Sep 2021 Median sale price $239K Median list price $235K Oct 2021 - Dec 2021 Median sale price $230K Median list price $265K Jan 2022 - Mar 2022 Median sale price $265K Median list price $300K Apr 2022 - Jun 2022 Median sale price $267K Median list price $300K Jul 2022 - Sep 2022 Median sale price $295K Median list price $290K Oct 2022 - Dec 2022 Median sale price $289K Median list price $315K Jan 2023 - Mar 2023 Median sale price $292K Median list price $290K Apr 2023 - Jun 2023 Median sale price $293K Median list price $281K Jul 2023 - Sep 2023 Median sale price $276K Median list price $287K Oct 2023 - Dec 2023 Median sale price $285K Median list price $277K Jan 2024 - Mar 2024 Median sale price $277K Median list price $310K Apr 2024 - Jun 2024 Median sale price $290K Median list price $290K Jul 2024 - Sep 2024 Median sale price $286K Median list price $328K Oct 2024 - Dec 2024 Median sale price $305K Median list price $295K Jan 2025 - Mar 2025 Median sale price $321K Median list price $309K Apr 2025 - Jun 2025 Median sale price $305K Median list price $344K Jul 2025 - Sep 2025 Median sale price $344K Median list price $275K Oct 2025 - Dec 2025 Median sale price $278K Median list price $270K Jan 2026 - Mar 2026 Median sale price $290K Median list price $300K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
25
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Inventory in Panama City has climbed in this rolling three-month view, with active listings up more than 11% year over year to 592. New listings have risen at a similar pace, increasing about 15% from a year ago. At the same time, homes sold are up roughly 13%, showing that demand is still meeting the added supply.

Contract activity has also strengthened, with pending sales running about 13% higher than a year earlier. With months of supply down from a year ago to around five months, the market still leans toward sellers even as options expand for buyers.

Pricing has adjusted slightly in response to these shifts. The typical home value has edged down about 3% year over year, and median list prices are off by roughly 9%, suggesting sellers are pricing more realistically to attract offers. Homes are taking longer to sell than in some past years, at a median of 66 days on market in the latest three-month period, yet about 14% of sales are still closing above list price, and the average sale-to-list ratio is close to 97%. Whether you are a buyer trying to navigate the added choices or a seller aiming to price correctly in a still seller-leaning market, Agent Pronto can connect you with a local agent who understands these trends.



Learn more about what Panama City has to offer.

Panama City offers residents a welcoming, family-friendly community with access to outdoor recreation, a growing local economy, and plenty of opportunities to connect, learn, and thrive.

Panama City offers a distinctly local feel compared with nearby beach destinations like Panama City Beach, with a stronger sense of year round community and a historic core along Downtown Panama City. Tree lined streets, bayfront views, and walkable neighborhoods give residents a daily connection to St. Andrews Bay that visitors often miss.

Residents gather at St. Andrews State Park for boating, fishing, and weekends on the water, while Oaks by the Bay Park anchors the St. Andrews neighborhood with events and local festivals. Families appreciate access to Bay District Schools and the cultural programs at Bay Arts Alliance and the Bay County Public Library. Dining leans local, from seafood spots overlooking the bay to coffee shops and breweries that double as neighborhood gathering places.

Housing options range from historic cottages near the waterfront to newer subdivisions and townhomes that appeal to first time buyers and downsizers. With continuing redevelopment and ongoing infrastructure improvements, both pricing and competition can shift quickly from one neighborhood to the next.

Whether you are getting your home market ready or trying to time a purchase before the next wave of demand, having the right guidance matters. Agent Pronto connects buyers and sellers in Panama City with experienced local agents who understand the market’s pace, the community’s priorities, and how to prepare for a smart move.

Find your Panama City real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Jessica is an amazing Realtor. She truly cares about the people she works with and goes above and beyond to make her clients transition a smooth one. We just loved working with her and will definitely work with her again. She is great for vacation homes too both in the Smokies and Panama City Beach FL. Her knowledge of short term rentals helped us tremendously.”

Burke · Cosby, TN

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Realty One Group Emerald Coast
“Kimberley was amazing!! Very helpful and no pressure... made us feel like family! Highly recommended!!!”

Carlos Clark · Port St Joe, FL

Photo of Kim Miller
eXp Realty
“After 20 years having a lakehouse we came to believe it was time to let it go but didn't know who we would pick as our realtor. We met Connor at a gathering on a Sat. night and a friend said, "there's your realtor right there, let me introduce you. I knew he was the one immediately. He visited our home the next day. Choose Connor, you will hit the JACKPOT. We sure did!!! Very knowledgeable, always in touch and fast feed back. Compassionate and love that winning smile. A young man who clearly loves what he does. (I can't write a little bit about Connor. There's a whole lot more of good stuff) ❤️ Judy & Buck”

Judy & Buck · Tallahassee, FL

Photo of Connor Meyette
Century 21 Commander Realty
“I would recommend Mandie to anyone that needs a hard-working agent that cares about their client. Very knowledgeable, with a very positive attitude.”

Sandy Halas · Panama City, FL

Photo of Mandie Kadel
Century 21 Commander Realty
“Lynn went beyond her duties. 5 star for service and communication and customer care with kindness. will do more business with Her.”

Jasmin C. · Panama City Beach, FL

Photo of The Payne Group
Keller Williams The Payne Group
“Austin (The Brock Team) was gracious and an accommodating agent.”

Daryl L. F. · Winston, GA

Photo of Brock Team, Inc
Keller Williams Atlanta Partners
“I would highly recommend the real estate agent, Hulya Allen, suggested by Agent Pronto. Hulya was quick to reach out to me regarding the property I had for sale. She had valuable resources that she shared with me, and I was able to accomplish from a distance several tasks that otherwise would have required me to travel to the property location and handle myself. Hulya is conscientious and provided services in a most professional manner. The closing was quick and seamless.”

Sherry E T. · Columbus, GA

Photo of Hulya Allen
Champions Realty
“From the very beginning they were on point, with information, pricing, and marketing. They have a very professional team that cleanly hands off each step of the process so are never left wondering "what's next?" Even when there was a bump in the process, they stepped up and continued to see they through the mess and get it sold and closed! Would highly recommend this team to anyone buying or selling!!”

Bruce H. · Crestview, FL

Photo of Hiller Group
Hiller Group Brokered by eXp Realty
“Larry is by far the most AMAZING Realtor. He was always very responsive to my calls, texts, request, etc. We built up such a great relationship through this crazy process, that even after we closed on our new home, he reached out to check on us. He is always looking to get the best deal for his clients. He is like family now to us and will always have his own seat next to the firepit in our backyard. I would DEFINETLY recommend Larry to anyone and everyone looking to buy or sell. AMAZING.. Can't say enough Great things about Larry.”

Kathleen and Joe · Wheaton, IL

Photo of Larry Lazar
Charles Rutenberg Realty Charles Rutenberg
“We had a great experience with Mark Johnson. From the start he sat down to work with us and figure out exactly want our wants and needs we’re coming into the home buying process. He provided us with recommended associates to make the process smooth while encouraging us to do what we thought was best for our situation. Mark always responded quickly to any questions or concerns that we had and was on top of every situation. He was extremely flexible when scheduling viewings and being available to meet our needs. Mark made the home buying process less stressful by explaining all the details of offers and contracts. I’m the end we got a beautiful home all thanks to Mark. We would definitely use his services again and recommend him to all our family and friends.”

Breonna Eagle · Apopka, FL

Photo of Mark Johnson
HareOne Realty

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Panama City. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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