Housing & Real Estate — Panama City, Florida

Overview

Total Housing Units16,643
Occupied14,807
Vacant1,836
Owner-Occupied8,157
Renter-Occupied6,650
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 RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income25.7%
Severely Rent-Burdened46.6%

Housing Age

Built 2010 or later1,565
Built 2000-20092,022
Built 1990-19991,561
Built before 19605,426
Median Year Built1977
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.