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Cheap Homes for Sale in Panama City, FL

937 Homes for Sale

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Showing 1 - 42 of 937 homes for sale in Panama City, FL

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Panama City, FL Housing Market Overview

Panama City is a balanced market, giving buyers and sellers room to negotiate. With 4.6 months of supply and homes averaging 85 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

85

Inventory

296

Oct 2021Mar 2024Mar 2026

Median Home Price

$292,900Down 0.12%

In Mar 2026 · YoY

Oct 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

7.24%Down 0.08%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
296 Up 0.10%
Newly Listed Homes
127 Up 0.63%
Months of Supply
4.6 Up 0.20%

Housing Demand

Homes Sold
65 Down 0.00%
Sale-to-List Ratio
96.8% Down 0.50%
Homes Sold Above List
10.8% Up 4.32%

30-yr fixed rate 7.24% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Panama City Market Report
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  • mls-imgIDX Logo
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from Central Panhandle Association of REALTORS® MLS through Nov 4, 2026, 11:15 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
  • mls-img

    Based on information from the Space Coast MLS through Nov 4, 2026, 11:15 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.

  • mls-imgIDX Logo
    Information Deemed Reliable But Not Guaranteed. © 2026 Georgia Multiple Listing Service. All Rights Reserved.
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Homes Available icon

937

Homes Available

Median List Price icon

$ 292,900

Median List Price

Avg on Market icon

85 Days

Avg on Market