Median home value: $207K (-4.8% YoY). Rent: $1,449/mo. Price-to-rent: 11.9x. Part of Panama City, FL.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Panama City, FL metro page.
Home Value$207,000
-4.8%
Rent$1,449/mo
AFFORDABILITYRenting $42/mo cheaper ($1,449 rent)6.00% 30yr, 20% down, county tax + FL ins. 28% per HUD.
Enter your income for Springfield.
$41,400 on $207,000
Affordable — 23.9% of income
Under the 28% guideline.
PITI$1,491
P/I23.9%
Afford$243K
Room+$36K
P&I $993Tax $148Ins $350
Home Buying Kit For Dummies (2025)Financing, negotiation, closing