Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$179,618
-2.3%
Since Sep 2024
Range: $162,056-$200,601
Evaluated July 23, 2025
1 Year
5 Years
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Property Facts
507 David Ave, Panama City, FL is a single family home that contains 1,252 Sq. Ft. and was built in 1970. It contains 2 bedrooms and 2 bathrooms.
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County:BAY
-
Year Built:1970
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Living Area:1,252 Sq. Ft.
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Lot Size:10,062 Sq. Ft.
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Zone:-
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Parcel:24575-010-000
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Bedrooms:2
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Bathrooms:2
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Owner:HUNT, MICHAEL
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Property History
Tax History
Year
Taxes
Total Assessment
2024
$781 (0%)
$77,356 (+3%)
2023
$781 (+4.55%)
$75,103 (+3%)
2022
$747 (+6.71%)
$72,916 (+3%)
2021
$700 (+2.64%)
$70,792 (+1.4%)
2020
$682 (+12.91%)
$69,815 (+14.08%)
2019
$604 (+7.28%)
$61,198 (-10.03%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
507 David Ave
Panama City, FL 32404
This Property
-
2 Bed
2 Bath
1,252 Sq. Ft.
1970 Year Built
1
504 David Avenue
Panama City, FL 32404
$175,200
3 Bed
2 Bath
1,425 Sq. Ft.
1970 Year Built
2
4004 E 7th Circle
Panama City, FL 32404
$265,000
3 Bed
2 Bath
1,236 Sq. Ft.
1982 Year Built
3
4623 E 3rd Street
Panama City, FL 32404
$190,000
4 Bed
2 Bath
1,590 Sq. Ft.
1951 Year Built
4
510 Jennings Avenue
Panama City, FL 32404
$247,000
4 Bed
2 Bath
1,224 Sq. Ft.
1971 Year Built
5
722 Joan Lane
Panama City, FL 32404
$220,000
3 Bed
2 Bath
1,248 Sq. Ft.
1993 Year Built
6
601 Jennings Avenue
Panama City, FL 32404
$120,000
4 Bed
2 Bath
1,425 Sq. Ft.
1971 Year Built
7
510 Helen Avenue
Panama City, FL 32401
$160,000
4 Bed
2 Bath
1,484 Sq. Ft.
1942 Year Built
8
315 Springfield Avenue
Panama City, FL 32401
$180,000
3 Bed
2 Bath
1,263 Sq. Ft.
1936 Year Built
9
117 N Swan Road
Panama City, FL 32404
$227,000
3 Bed
1 Bath
1,304 Sq. Ft.
1962 Year Built
10
116 Martin Lake Drive
Panama City, FL 32404
$140,000
3 Bed
1 Bath
1,143 Sq. Ft.
1961 Year Built
Sales in a non-disclosure state
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Market Trends
Panama City
32404
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Aug 2024
$310,000
Jul 2025
$316,900
Change
+2.2%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Aug 2024
93 Days
Jul 2025
118 Days
Change
+26.9%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (32404)
City (Panama City)
Population
39,552
13,656
Population Density
306.8
1,443.7
People Per Household
2.7
2.5
Median Age
38.9
40.4
Median Household Income
$58,853
$55,543
Average Income
$27,203
$27,598
Economy
ZIP (32404)
City (Panama City)
Unemployment
2.10%
2.10%
Recent Job Growth
2.98%
2.98%
Future Job Growth
54.03%
54.03%
Sales Tax
7.00%
7.00%
Income Tax
0.00%
0.00%
Cost of Living Index
96.9
96.2
Environment
ZIP (32404)
City (Panama City)
Altitude
28
33
Rainfall (Inches Annually)
59.9
59.9
Snowfall (Inches Annually)
0
0
January Avg. Low Temp
41.9
41.9
July Avg. High Temp
89.9
89.9
Days of Precipitation Annually
104
104
Days Mostly Sunny Annually
241
239
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
PK-5
0.5 mi
6-8
0.6 mi
9-12
0.8 mi
3-9
1.1 mi
K-12
2.7 mi
6-12
3.4 mi
12
3.6 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
