The real estate market in Panama City, Florida, offers a unique blend of affordability and growth potential, making it an attractive option for potential homebuyers. The current median listing price in Panama City stands at $314,900, reflecting a slight decrease of 6% compared to the previous year. However, this dip in listing prices contrasts with a positive trend in actual sales, where the median sales price has climbed to $295,000, marking a 7% increase year-over-year. Such dynamics suggest a market that, while adjusting, remains robust, buoyed by a solid appreciation in property values. With an average price per square foot around $199, Panama City presents an enticing opportunity for those looking to invest in a home that promises both comfort and potential for value growth. The market's competitiveness level indicates that homes are selling, albeit at a pace that affords buyers the time to make thoughtful decisions.
Navigating the nuances of such a market requires local expertise, and Lori Rivero stands out as a local real estate agent with the acumen and knowledge to guide potential buyers through the intricacies of the Panama City real estate landscape. Whether you're drawn to the somewhat more relaxed and less competitive market of Panama City Beach or the main hub itself, Lori's insights and guidance can be invaluable. Panama City Beach, with its lower median price point, offers an alternative for those seeking the beach lifestyle without the premium price tag. In both locales, buyers can find opportunities to secure a home that not only meets their lifestyle needs but also offers potential for future appreciation. Lori Rivero's expertise in navigating these areas ensures that buyers are well-informed and positioned to make the best possible investment in their future home.
Panama City, Florida, is a city that caters to a variety of lifestyles and preferences. Whether you're looking for a culturally rich neighborhood, family-friendly environment, or a luxurious waterfront community, Panama City has something to offer everyone. With its growing population and diverse range of activities and dining options, it is a great place to call home or invest in real estate.
34,521 people live in Panama City, where the median age is 39.2 and the average individual income is $30,862. Data provided by the U.S. Census Bureau.
Total Population
Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
Average individual Income
There's plenty to do around Panama City, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including GTG Cafe, The Prime Rib Guy, and Crush.
| Name | Category | Distance | Reviews |
Ratings by
Yelp
|
|---|---|---|---|---|
| Dining | 3.56 miles | 5 reviews | 5/5 stars | |
| Dining | 4.33 miles | 8 reviews | 5/5 stars | |
| Dining · $ | 3.7 miles | 5 reviews | 5/5 stars | |
| Dining | 3.32 miles | 6 reviews | 5/5 stars | |
| Dining · $$ | 3.57 miles | 9 reviews | 5/5 stars | |
| Dining · $$ | 3.86 miles | 18 reviews | 4.9/5 stars | |
| Dining · $ | 4.6 miles | 28 reviews | 4.8/5 stars | |
| Dining | 3.78 miles | 21 reviews | 4.8/5 stars | |
| Dining · $$ | 4.12 miles | 21 reviews | 4.8/5 stars | |
| Shopping | 3.32 miles | 7 reviews | 5/5 stars | |
| Active | 4.87 miles | 4 reviews | 5/5 stars | |
| Active | 4.76 miles | 25 reviews | 5/5 stars | |
| Active | 4.69 miles | 6 reviews | 4.8/5 stars | |
| Beauty | 4.33 miles | 15 reviews | 5/5 stars | |
| Beauty | 3.74 miles | 5 reviews | 5/5 stars | |
| Beauty | 3.17 miles | 6 reviews | 5/5 stars | |
| Beauty | 4.4 miles | 9 reviews | 5/5 stars | |
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Panama City has 14,667 households, with an average household size of 2.32. Data provided by the U.S. Census Bureau. Here’s what the people living in Panama City do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 34,521 people call Panama City home. The population density is 982.86 and the largest age group is Data provided by the U.S. Census Bureau.
Total Population
Population Density Population Density This is the number of people per square mile in a neighborhood.
Median Age
Men vs Women
Population by Age Group
0-9 Years
10-17 Years
18-24 Years
25-64 Years
65-74 Years
75+ Years
Education Level
Total Households
Average Household Size
Average individual Income
Households with Children
With Children:
Without Children:
Marital Status
Blue vs White Collar Workers
Blue Collar:
White Collar:
In the vibrant landscapes of Tampa, Bradenton, and Sarasota, we take immense pride in crafting bespoke real estate solutions. Our dedicated approach helps our clients discover their dream properties while building enduring wealth in these sought-after locations. Eager to experience a real estate journey tailored just for you in Tampa, Bradenton, or Sarasota? Reach out to us today, and let's turn your property dreams into reality!
