Panama City, FL metro area Housing Market Brief
metro · FL · as of August 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 Declining — cooling, with scores declining over recent months. 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 rise about 1.2% 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 | $363K | ▼ -1.3% |
| Median Days on Market | 89 days | ▼ -6.3% |
| Months of Supply | 5.9 | ▼ -27.2% |
| Homes for Sale | 3,004 | ▼ -5.3% |
| Homes Sold | 522 | ▲ +29.5% |
| Median Price / Sq Ft | $225 | ▲ +1.3% |
How has Panama City, FL metro area’s Alpha Score moved?
Markets like Panama City, FL metro area
- Deltona, FL metro area, FLmetro39
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- North Port, FL metro area, FLmetro37
- Punta Gorda, FL metro area, FLmetro40
- Myrtle Beach, SC metro area, SCmetro38
- Hickory, NC metro area, NCmetro38
- Ocala, FL metro area, FLmetro40
- Homosassa Springs, FL metro area, FLmetro41
- Brownsville, TX metro area, TXmetro39
- Kingsport, TN metro area, TNmetro41
Frequently asked questions
Is Panama City, FL metro area a buyer's or seller's market?
As of August 2026, Panama City, FL metro area is classified as a Buyer's Market, based on its Alpha Score of 37 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 $363K, having fallen 1.3% over the past year.
How affordable is Panama City, FL metro area?
Panama City, FL metro area scores 29 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 Economic Strength (52/100) and its weakest is Affordability (29/100). 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.