Panama City, FL metro area Housing Market Brief
metro · as of July 2026
What is Panama City, FL metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Panama City, FL metro area in its market cycle?
Panama City, FL metro area is classified as Emerging — early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Panama City, FL metro area?
Our model forecasts Panama City, FL metro area’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Panama City, FL metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $357K | ▲ +1% |
| Median Days on Market | 83 days | ▼ -3.5% |
| Months of Supply | 6.3 | ▼ -17.1% |
| Homes for Sale | 2,909 | ▼ -10.4% |
| Homes Sold | 462 | ▲ +7.4% |
| Median Price / Sq Ft | $221 | ▲ +3.1% |
How has Panama City, FL metro area’s Alpha Score moved?
Markets like Panama City, FL metro area
- Pueblo, CO metro areametro44
- Gainesville, FL metro areametro40
- Deltona, FL metro areametro45
- Port St. Lucie, FL metro areametro41
- Punta Gorda, FL metro areametro46
- Homosassa Springs, FL metro areametro44
- Lakeland, FL metro areametro47
- Savannah, GA metro areametro46
- Tucson, AZ metro areametro42
- Ogden, UT metro areametro43
Frequently asked questions
Is Panama City, FL metro area a buyer's or seller's market?
As of July 2026, Panama City, FL metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Panama City, FL metro area?
The median sale price in Panama City, FL metro area is $357K, having risen 1% over the past year.
How affordable is Panama City, FL metro area?
Panama City, FL metro area scores 26 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Panama City, FL metro area's Alpha Score?
Panama City, FL metro area's strongest dimension is Rental Yield (71/100) and its weakest is Affordability (26/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Panama City, FL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.