The median home value in Panama City, FL is $303,700. This is lower than the county median home value of $347,000. The national median home value is $338,100. The average price of homes sold in Panama City, FL is $303,700. Approximately 59.02% of Panama City homes are owned, compared to 22.73% rented, while 18.25% are vacant. Panama City 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 Panama City real estate agent to arrange a tour today!
Panama City, Florida 32408 has a population of 18,140. Panama City 32408 is less family-centric than the surrounding county with 26.52% of the households containing married families with children. The county average for households married with children is 27.71%.
The median household income in Panama City, Florida 32408 is $61,740. The median household income for the surrounding county is $60,473 compared to the national median of $69,021. The median age of people living in Panama City 32408 is 39.5 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 59.7 inches per year, with 0 inches of snow per year.