Panama City, FL Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Panama City, FL.
Average buy price
$196.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.55 / sqft / month
Monthly rent per square foot.
Median home price
$296,333
Estimated median residential sale price.
Median monthly rent
$1,726
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have decreased by about 3.0% over the last 5 years.
Rent price development
Rent prices have increased by about 22.2% over the last 5 years.
Submitted values in Panama City
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-06-26 | Buy | duplex | $135.00 / sqft | 2,100 sqft | $283,500 | Glenwood 32401 |
| 2026-06-25 | Rent | luxury apartment | $2.42 / sqft | 820 sqft | $1,984 | SweetBay 32405 |
| 2026-06-23 | Buy | single-family home | $312.00 / sqft | 3,400 sqft | $1,060,800 | Upper Grand Lagoon 32408 |
| 2026-06-20 | Buy | single-family home | $177.00 / sqft | 1,780 sqft | $315,060 | Forest Park 32405 |
| 2026-06-19 | Buy | townhouse | $221.00 / sqft | 1,850 sqft | $408,850 | Venetian Villas 32405 |
| 2026-06-18 | Buy | condo | $247.00 / sqft | 1,285 sqft | $317,395 | St. Andrews 32401 |
| 2026-06-13 | Rent | condo | $2.05 / sqft | 880 sqft | $1,804 | St. Andrews 32401 |
| 2026-06-13 | Buy | single-family home | $244.00 / sqft | 3,200 sqft | $780,800 | Kings Point 32405 |
| 2026-06-09 | Rent | single-family home | $1.43 / sqft | 1,600 sqft | $2,288 | Bunkers Cove 32401 |
| 2026-06-09 | Buy | single-family home | $151.00 / sqft | 1,100 sqft | $166,100 | Millville 32401 |
| 2026-06-08 | Rent | apartment | $1.58 / sqft | 875 sqft | $1,383 | Hiland Park 32405 |
| 2026-06-08 | Buy | condo | $238.00 / sqft | 1,320 sqft | $314,160 | Downtown Panama City 32401 |
| 2026-06-07 | Rent | townhouse | $1.69 / sqft | 1,480 sqft | $2,501 | Venetian Villas 32405 |
| 2026-06-07 | Buy | single-family home | $229.00 / sqft | 2,600 sqft | $595,400 | College Point 32405 |
| 2026-06-06 | Rent | single-family home | $1.36 / sqft | 2,100 sqft | $2,856 | Bayou George 32404 |
| 2026-06-06 | Buy | single-family home | $146.00 / sqft | 1,550 sqft | $226,300 | Bayou George 32404 |
| 2026-06-03 | Rent | apartment | $2.31 / sqft | 450 sqft | $1,040 | St. Andrews 32401 |
| 2026-06-01 | Buy | single-family home | $157.00 / sqft | 1,650 sqft | $259,050 | Cedar Grove 32405 |
| 2026-05-31 | Rent | townhouse | $1.60 / sqft | 1,225 sqft | $1,960 | St. Andrews 32401 |
| 2026-05-30 | Buy | single-family home | $165.00 / sqft | 2,100 sqft | $346,500 | Hiland Park 32405 |
| 2026-05-26 | Rent | luxury apartment | $2.18 / sqft | 940 sqft | $2,049 | SweetBay 32405 |
| 2026-05-25 | Rent | single-family home | $1.72 / sqft | 2,250 sqft | $3,870 | Kings Point 32405 |
| 2026-05-20 | Buy | condo | $222.00 / sqft | 720 sqft | $159,840 | St. Andrews 32401 |
| 2026-05-17 | Rent | loft | $2.34 / sqft | 710 sqft | $1,661 | Downtown Panama City 32401 |
| 2026-05-16 | Buy | condo | $230.00 / sqft | 980 sqft | $225,400 | St. Andrews 32401 |
| 2026-05-12 | Buy | condo | $252.00 / sqft | 600 sqft | $151,200 | Downtown Panama City 32401 |
| 2026-05-09 | Rent | condo | $2.62 / sqft | 980 sqft | $2,568 | Upper Grand Lagoon 32408 |
| 2026-05-09 | Buy | single-family home | $205.00 / sqft | 2,250 sqft | $461,250 | The Cove 32401 |
| 2026-05-08 | Buy | townhouse | $181.00 / sqft | 1,180 sqft | $213,580 | Hiland Park 32405 |
| 2026-05-07 | Rent | townhouse | $1.57 / sqft | 1,320 sqft | $2,072 | Hiland Park 32405 |
| 2026-05-06 | Rent | apartment | $2.15 / sqft | 555 sqft | $1,193 | Downtown Panama City 32401 |
| 2026-05-04 | Rent | single-family home | $1.55 / sqft | 1,950 sqft | $3,023 | Pretty Bayou 32405 |
| 2026-05-03 | Rent | single-family home | $1.48 / sqft | 1,700 sqft | $2,516 | Cedar Grove 32405 |
| 2026-04-29 | Rent | duplex | $1.22 / sqft | 1,100 sqft | $1,342 | Glenwood 32401 |
| 2026-04-28 | Rent | single-family home | $1.18 / sqft | 2,000 sqft | $2,360 | Callaway Heights 32404 |
| 2026-04-27 | Rent | multi-family home | $1.24 / sqft | 2,400 sqft | $2,976 | Glenwood 32401 |
| 2026-04-25 | Rent | condo | $2.28 / sqft | 1,050 sqft | $2,394 | The Cove 32401 |
| 2026-04-19 | Buy | single-family home | $219.00 / sqft | 2,750 sqft | $602,250 | Bunkers Cove 32401 |
| 2026-04-18 | Buy | townhouse | $213.00 / sqft | 1,450 sqft | $308,850 | SweetBay 32405 |
| 2026-04-17 | Buy | luxury townhouse | $263.00 / sqft | 3,050 sqft | $802,150 | SweetBay 32405 |
| 2026-04-17 | Buy | single-family home | $226.00 / sqft | 2,400 sqft | $542,400 | Pretty Bayou 32405 |
| 2026-04-16 | Rent | apartment | $1.85 / sqft | 650 sqft | $1,203 | Downtown Panama City 32401 |
| 2026-04-15 | Rent | single-family home | $1.31 / sqft | 1,850 sqft | $2,424 | Forest Park 32405 |
| 2026-04-14 | Rent | apartment | $1.72 / sqft | 735 sqft | $1,264 | Millville 32401 |
| 2026-04-14 | Buy | loft | $266.00 / sqft | 900 sqft | $239,400 | Downtown Panama City 32401 |
| 2026-04-13 | Rent | condo | $1.91 / sqft | 1,125 sqft | $2,149 | Northshore 32405 |
| 2026-04-08 | Buy | luxury single-family home | $288.00 / sqft | 4,500 sqft | $1,296,000 | Pretty Bayou 32405 |
| 2026-04-03 | Buy | single-family home | $236.00 / sqft | 3,800 sqft | $896,800 | Northshore 32405 |
| 2026-04-01 | Buy | single-family home | $161.00 / sqft | 1,725 sqft | $277,725 | Cedar Grove 32405 |
| 2026-03-31 | Rent | duplex | $1.34 / sqft | 1,275 sqft | $1,709 | Cedar Grove 32405 |
| 2023-12-01 | Rent | single-family home | $1.62 / sqft / month | 1,800 sqft | $2,916 | Pretty Bayou 32405 |
| 2023-10-20 | Buy | single-family home | $139.00 / sqft | 1,700 sqft | $236,300 | Bayou George 32404 |
| 2023-08-01 | Rent | apartment | $1.68 / sqft / month | 760 sqft | $1,277 | Downtown Panama City 32401 |
| 2023-06-09 | Buy | single-family home | $218.00 / sqft | 2,200 sqft | $479,600 | SweetBay 32405 |
| 2022-11-18 | Buy | duplex | $119.00 / sqft | 1,900 sqft | $226,100 | Glenwood 32401 |
| 2022-09-01 | Rent | condo | $1.52 / sqft / month | 950 sqft | $1,444 | The Cove 32401 |
| 2022-05-19 | Buy | single-family home | $215.00 / sqft | 3,000 sqft | $645,000 | Northshore 32405 |
| 2022-04-01 | Rent | townhouse | $1.42 / sqft / month | 1,250 sqft | $1,775 | Forest Park 32405 |
| 2021-11-01 | Rent | luxury apartment | $1.48 / sqft / month | 1,000 sqft | $1,480 | SweetBay 32405 |
| 2021-07-15 | Rent | single-family home | $1.22 / sqft / month | 1,350 sqft | $1,647 | Cedar Grove 32405 |
| 2021-06-21 | Buy | single-family home | $187.00 / sqft | 2,300 sqft | $430,100 | Pretty Bayou 32405 |
| 2021-03-05 | Buy | condo | $181.00 / sqft | 950 sqft | $171,950 | St. Andrews 32401 |
| 2020-09-01 | Rent | condo | $1.30 / sqft / month | 900 sqft | $1,170 | Downtown Panama City 32401 |
| 2020-05-29 | Buy | townhouse | $172.00 / sqft | 1,450 sqft | $249,400 | SweetBay 32405 |
| 2019-10-15 | Rent | townhouse | $1.17 / sqft / month | 1,100 sqft | $1,287 | St. Andrews 32401 |
| 2019-06-14 | Buy | single-family home | $125.00 / sqft | 1,550 sqft | $193,750 | Cedar Grove 32405 |
| 2018-12-10 | Buy | single-family home | $76.00 / sqft | 1,100 sqft | $83,600 | Millville 32401 |
| 2018-07-01 | Rent | apartment | $1.08 / sqft / month | 760 sqft | $821 | Glenwood 32401 |
| 2017-08-15 | Rent | single-family home | $1.05 / sqft / month | 1,400 sqft | $1,470 | The Cove 32401 |
| 2017-03-31 | Buy | single-family home | $112.00 / sqft | 1,450 sqft | $162,400 | Hiland Park 32405 |
| 2016-09-01 | Rent | apartment | $0.98 / sqft / month | 900 sqft | $882 | Forest Park 32405 |
| 2016-05-27 | Buy | single-family home | $151.00 / sqft | 2,500 sqft | $377,500 | Kings Point 32405 |
| 2015-12-01 | Rent | condo | $1.02 / sqft / month | 800 sqft | $816 | St. Andrews 32401 |
| 2015-06-05 | Buy | loft | $145.00 / sqft | 950 sqft | $137,750 | Downtown Panama City 32401 |
| 2014-10-01 | Rent | single-family home | $0.92 / sqft / month | 1,300 sqft | $1,196 | Cedar Grove 32405 |
| 2014-07-25 | Buy | single-family home | $132.00 / sqft | 2,300 sqft | $303,600 | Pretty Bayou 32405 |
| 2013-11-15 | Rent | townhouse | $0.88 / sqft / month | 1,150 sqft | $1,012 | Hiland Park 32405 |
| 2013-04-19 | Buy | single-family home | $105.00 / sqft | 1,250 sqft | $131,250 | St. Andrews 32401 |
| 2012-09-01 | Rent | apartment | $0.86 / sqft / month | 700 sqft | $602 | Downtown Panama City 32401 |
| 2012-05-11 | Buy | duplex | $70.00 / sqft | 1,800 sqft | $126,000 | Glenwood 32401 |
| 2011-08-15 | Rent | condo | $0.83 / sqft / month | 850 sqft | $706 | The Cove 32401 |
| 2011-03-25 | Buy | single-family home | $89.00 / sqft | 1,700 sqft | $151,300 | Forest Park 32405 |
| 2010-12-01 | Rent | single-family home | $0.75 / sqft / month | 1,250 sqft | $938 | Bayou George 32404 |
| 2010-06-18 | Buy | single-family home | $92.00 / sqft | 1,600 sqft | $147,200 | The Cove 32401 |
| 2009-09-01 | Rent | apartment | $0.78 / sqft / month | 760 sqft | $593 | St. Andrews 32401 |
| 2009-04-03 | Buy | single-family home | $74.00 / sqft | 1,400 sqft | $103,600 | Hiland Park 32405 |
| 2008-11-01 | Rent | duplex | $0.82 / sqft / month | 1,000 sqft | $820 | Glenwood 32401 |
| 2008-05-20 | Buy | single-family home | $86.00 / sqft | 1,050 sqft | $90,300 | Millville 32401 |
| 2007-08-01 | Rent | condo | $0.95 / sqft / month | 840 sqft | $798 | Downtown Panama City 32401 |
| 2007-03-12 | Buy | single-family home | $128.00 / sqft | 1,500 sqft | $192,000 | Cedar Grove 32405 |
| 2006-09-15 | Rent | single-family home | $0.98 / sqft / month | 1,500 sqft | $1,470 | Pretty Bayou 32405 |
| 2006-06-23 | Buy | single-family home | $162.00 / sqft | 2,800 sqft | $453,600 | Northshore 32405 |
| 2005-10-01 | Rent | apartment | $0.90 / sqft / month | 720 sqft | $648 | St. Andrews 32401 |
| 2005-07-08 | Buy | single-family home | $150.00 / sqft | 2,600 sqft | $390,000 | Kings Point 32405 |
| 2004-12-15 | Rent | townhouse | $0.82 / sqft / month | 1,150 sqft | $943 | Forest Park 32405 |
| 2004-05-14 | Buy | condo | $130.00 / sqft | 980 sqft | $127,400 | Downtown Panama City 32401 |
| 2003-09-01 | Rent | condo | $0.84 / sqft / month | 900 sqft | $756 | The Cove 32401 |
| 2003-06-06 | Buy | single-family home | $118.00 / sqft | 2,200 sqft | $259,600 | Pretty Bayou 32405 |
| 2002-11-01 | Rent | single-family home | $0.72 / sqft / month | 1,200 sqft | $864 | Cedar Grove 32405 |
| 2002-04-17 | Buy | townhouse | $96.00 / sqft | 1,150 sqft | $110,400 | St. Andrews 32401 |
| 2001-08-01 | Rent | apartment | $0.68 / sqft / month | 700 sqft | $476 | Downtown Panama City 32401 |
| 2001-02-09 | Buy | single-family home | $73.00 / sqft | 1,500 sqft | $109,500 | Bayou George 32404 |
| 2000-10-15 | Rent | duplex | $0.63 / sqft / month | 1,000 sqft | $630 | Hiland Park 32405 |
| 2000-05-26 | Buy | single-family home | $82.00 / sqft | 1,680 sqft | $137,760 | Forest Park 32405 |
| 1999-07-01 | Rent | apartment | $0.70 / sqft / month | 650 sqft | $455 | St. Andrews 32401 |
| 1999-03-18 | Buy | loft | $87.00 / sqft | 900 sqft | $78,300 | Downtown Panama City 32401 |
| 1998-12-01 | Rent | condo | $0.75 / sqft / month | 850 sqft | $638 | Pretty Bayou 32405 |
| 1998-06-30 | Buy | single-family home | $103.00 / sqft | 2,350 sqft | $242,050 | Kings Point 32405 |
| 1997-09-15 | Rent | single-family home | $0.64 / sqft / month | 1,250 sqft | $800 | The Cove 32401 |
| 1997-04-04 | Buy | single-family home | $68.00 / sqft | 1,300 sqft | $88,400 | Cedar Grove 32405 |
| 1996-06-01 | Rent | apartment | $0.50 / sqft / month | 750 sqft | $375 | Glenwood 32401 |
| 1996-02-16 | Buy | single-family home | $50.00 / sqft | 980 sqft | $49,000 | Millville 32401 |
| 1995-12-01 | Rent | townhouse | $0.60 / sqft / month | 1,100 sqft | $660 | Forest Park 32405 |
| 1995-07-21 | Buy | single-family home | $94.00 / sqft | 2,100 sqft | $197,400 | Pretty Bayou 32405 |
| 1994-10-01 | Rent | condo | $0.62 / sqft / month | 720 sqft | $446 | St. Andrews 32401 |
| 1994-05-09 | Buy | single-family home | $80.00 / sqft | 1,450 sqft | $116,000 | St. Andrews 32401 |
| 1993-08-15 | Rent | single-family home | $0.55 / sqft / month | 1,050 sqft | $578 | Cedar Grove 32405 |
| 1993-03-24 | Buy | single-family home | $58.00 / sqft | 1,100 sqft | $63,800 | Hiland Park 32405 |
| 1992-11-01 | Rent | duplex | $0.48 / sqft / month | 900 sqft | $432 | Millville 32401 |
| 1992-06-12 | Buy | single-family home | $72.00 / sqft | 1,600 sqft | $115,200 | The Cove 32401 |
| 1991-09-01 | Rent | apartment | $0.52 / sqft / month | 620 sqft | $322 | Downtown Panama City 32401 |
| 1991-04-18 | Buy | single-family home | $62.00 / sqft | 1,350 sqft | $83,700 | Glenwood 32401 |
Housing market overview for Panama City, FL
The real estate market in Panama City, FL can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $196.00 / sqft and an average rent of $1.55 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Panama City?
The average residential buy price in Panama City, FL is $196.00 / sqft based on the current values available on this page.
How much is rent per square foot in Panama City?
The average rental price in Panama City, FL is $1.55 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Panama City increasing?
Buy prices have decreased by about 3.0% over the last 5 years. Rent prices have increased by about 22.2% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.