The median home in Panama City, Florida is valued at $276,347, down 0.8% year over year. Typical monthly rent is $1,783, producing a price-to-rent ratio of 12.9x — below the national average of 18x. Panama City is part of the Panama City, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$276,347

-0.8%

Rent$1,783/mo

Prices falling — better for buyers.

Affordability

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Income (annual)

Down Payment

$55,269 on $276,347

Example: $75,000 household income. Change it above to see your own.

Stretch31.1% of income

Above 28% but manageable with cuts.

PITI$1,945

P/I31.1%

Afford$249K

Gap-$28K

P&I $1,397Tax $198Ins $350

Renting $162/mo cheaper ($1,783 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Panama City with other housing markets across Florida.

Jupiter Island$9.49M Golden Beach$7.5M Fisher Island$6.39M Lake Buena Vista$6.09M Jupiter Inlet Colony$3.62M Manalapan$3.57M Golf$2.87M Boca Grande$2.63M

Full Panama City, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Panama City, FL metro.

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