Panama City, FL, Real Estate

Panama City, Florida, is a vibrant coastal gem with sun-soaked beaches and a laid-back vibe that draws you in. You can spend your days splashing in the turquoise Gulf waters, fishing off a pier, or kayaking through serene bayous teeming with wildlife. For a thrill, try parasailing for a bird’s-eye view of the coastline or hop on a dolphin-watching tour to catch sight of playful pods. When you’re ready to unwind, the local scene buzzes with spots to grab fresh seafood or sip a cold drink while soaking in a sunset. There’s always something fun to do, from beachcombing to exploring nearby nature trails.

Panama City currently has 8 single family homes for sale with an average list price of $307,993.75 and 17 lots for sale with an average list price of $147,158.59. The average annual property tax for Panama City is $1,955.27.

Current Homes for Sale

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Panama City, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

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Cherokee Park

Cherokee Park is a subdivision in Panama City, Florida. It currently has no homes for sale. It is located in Bay County.

Subdivisions

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Market Trends

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Nearby Golf Courses

Bay Dunes Golf Course

5304 Majette Tower Rd, Panama City, FL 32404
Par 71 • 71 holes • 6577 yards

Bay Point - Meadows Course

4701 Bay Point Rd, Panama City, FL 32408
holes

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Real Estate News

New Homes For Sale This Week in Panama City: April 3rd to April 9th

New Homes For Sale This Week in Panama City: April 3rd to April 9th - April 10, 2026

Panama City had 2 new homes for sale during the week of Friday, April 3 to Thursday, April 9, including including 1 single family home for sale with a list ... continue reading
New Foreclosures & Short Sales in Panama City: March 30th to April 5th

New Foreclosures & Short Sales in Panama City: March 30th to April 5th - April 6, 2026

Panama City had only 1 new foreclosure and/or short sale during the week of Monday, March 30 to Sunday, April 5, and it was a single family home for sale ... continue reading
New Homes For Sale This Week in Panama City: March 20th to March 26th

New Homes For Sale This Week in Panama City: March 20th to March 26th - March 27, 2026

Panama City had 2 new homes for sale during the week of Friday, March 20 to Thursday, March 26, including including 2 single family homes for sale with an average ... continue reading
New Homes For Sale This Week in Panama City: March 13th to March 19th

New Homes For Sale This Week in Panama City: March 13th to March 19th - March 20, 2026

Panama City had 2 new homes for sale during the week of Friday, March 13 to Thursday, March 19, including including 2 lots for sale with an average list price ... continue reading
New Homes For Sale This Week in Panama City: February 27th to March 5th

New Homes For Sale This Week in Panama City: February 27th to March 5th - March 6, 2026

Panama City had only 1 new home for sale during the week of Friday, February 27 to Thursday, March 5, including and it was a lot for sale with a ... continue reading
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