The median home value in Panacea, FL is $120,000. This is lower than the county median home value of $281,700. The national median home value is $338,100. The average price of homes sold in Panacea, FL is $120,000. Approximately 54.92% of Panacea homes are owned, compared to 13.26% rented, while 31.82% are vacant. Panacea real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Panacea real estate agent to arrange a tour today!
Panacea, Florida has a population of 1,050. Panacea is less family-centric than the surrounding county with 9.22% of the households containing married families with children. The county average for households married with children is 32.02%.
The median household income in Panacea, Florida is $31,976. The median household income for the surrounding county is $72,941 compared to the national median of $69,021. The median age of people living in Panacea is 46.6 years.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 59.1 inches per year, with 0 inches of snow per year.