Housing & Real Estate — Panama City, Florida
Overview
| Total Housing Units | 16,643 |
| Occupied | 14,807 |
| Vacant | 1,836 |
| Owner-Occupied | 8,157 |
| Renter-Occupied | 6,650 |
| Median Home Value (Census) | $268,900 |
| Estimated 2026 | ~$289,000 |
| Median Rent | $1,334/mo |
| Median Property Tax | $1,752/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | moderate |
| Rent as % of Income | 25.7% |
| Severely Rent-Burdened | 46.6% |
Housing Age
| Built 2010 or later | 1,565 |
| Built 2000-2009 | 2,022 |
| Built 1990-1999 | 1,561 |
| Built before 1960 | 5,426 |
| Median Year Built | 1977 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.