9450 S Thomas Dr #509, Panama City, FL 32408
Keller Williams Realty Emerald
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12828 Lake Merial Strand Dr #27, Panama City, FL 32409New Construction
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3D Tour
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HotNew Construction
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New Construction
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New Construction
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Homes for Sale Under 500K in Panama City, FL
2,510 Homes for Sale
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Building 22 Units Available
Unit #509
11483 Front Beach Rd #705, Panama City Beach, FL 32407
Coldwell Banker Realty
Building 15 Units Available
Unit #705
$479,000
Views: 7
Bedrooms: 2Bds
Bathrooms: 2Ba
Area: 1,110sqft
Single family home for sale
Sims Resort Realty, Inc
4100 Marriott Dr #309, Panama City, FL 32408
Legacy Premier Agency
Building 9 Units Available
Unit #309
$479,000
Views: 14
Bedrooms: 3Bds
Bathrooms: 3Ba
Area: 2,076sqft
Single family home for sale
Exp Realty, Llc
$478,000
Views: 5
Bedrooms: 4Bds
Bathrooms: 3Ba
Area: 1,400sqft
Single family home for sale
Real Broker Llc
9450 S Thomas Dr #1209C, Panama City, FL 32408
Counts Real Estate Group Inc
New Construction$476,351
Views: 10
Bedrooms: 5Bds
Bathrooms: 3Ba
Area: 2,355sqft
Single family home for sale
Holiday Builders Of The Gulf Coast
New Construction$475,853
Views: 6
Bedrooms: 3Bds
Bathrooms: 2Ba
Area: 1,600sqft
Sale Pending
Sweetbay Realty
$475,000
Views: 3
Bedrooms: --Bds
Bathrooms: --Ba
Area: 0.57acre lot
Land for sale
Golden Coast Real Estate Llc
Price Drop: $10K$475,000
Views: 6
Bedrooms: 3Bds
Bathrooms: 3Ba
Area: 2,358sqft
Sale Pending
Keller Williams Success Realty
Price Drop: $20K$475,000
Views: 4
Bedrooms: 3Bds
Bathrooms: 2Ba
Area: 1,336sqft
Single family home for sale
Keller Williams Success Realty
$475,000
Views: 13
Bedrooms: --Bds
Bathrooms: --Ba
Area: 0.2acre lot
Land for sale
Re/Max Select Partners
3D Tour19504 Front Beach Rd #1006, Panama City Beach, FL 32413
Exp Realty, Llc
Building 1 Unit Available
Unit #1006
3D Tour$475,000
Views: 7
Bedrooms: 4Bds
Bathrooms: 2Ba
Area: 2,047sqft
Sale Pending
Coldwell Banker Realty
23223 Front Beach Rd #733, Panama City Beach, FL 32413
Counts Real Estate Group Inc
Building 21 Units Available
Unit #733
HotNew Construction$475,000
Views: 13
Bedrooms: 3Bds
Bathrooms: 3Ba
Area: 1,918sqft
Townhouse for sale
Dalton Wade Inc
9860 S Thomas Dr #1706, Panama City, FL 32408
Simply South Realty
Building 51 Units Available
Unit #1706
$475,000
Views: 9
Bedrooms: 5Bds
Bathrooms: 2Ba
Area: 2,076sqft
Single family home for sale
Keller Williams Success Realty
$475,000
Views: 3
Bedrooms: 2Bds
Bathrooms: 2Ba
Area: 1,152sqft
Sale Pending
The Premier Property Group
Hot5801 S Thomas Dr #701, Panama City, FL 32408
Realty One Group Emerald Coast
Building 1 Unit Available
Unit #701
$475,000
Views: 9
Bedrooms: 5Bds
Bathrooms: 2Ba
Area: 1,278sqft
Manufactured home for sale
Homecoin.Com
Hot10625 Front Beach Rd #1905, Panama City Beach, FL 32407
Coldwell Banker Realty
Building 4 Units Available
Unit #1905
11619 Front Beach Rd #304, Panama City Beach, FL 32407
Anchor Realty Florida
Building 16 Units Available
Unit #304
$475,000
Views: 9
Bedrooms: 4Bds
Bathrooms: 3Ba
Area: 2,266sqft
Single family home for sale
World Impact Real Estate
HotNew Construction2626 Allison Ave, Panama City, FL 32408
Dalton Wade Inc
Building 1 Unit Available
$475,000
Views: 9
Bedrooms: 4Bds
Bathrooms: 2Ba
Area: 2,274sqft
Sale Pending
Century 21 Ryan Realty Inc
$475,000
Views: 6
Bedrooms: 3Bds
Bathrooms: 2Ba
Area: 1,686sqft
Single family home for sale
Think Real Estate
$475,000
Views: 9
Bedrooms: 2Bds
Bathrooms: 2Ba
Area: 1,558sqft
Sale Pending
Lowest Fee Realty Llc
$475,000
Views: 17
Bedrooms: 2Bds
Bathrooms: 2Ba
Area: 1,104sqft
Single family home for sale
Listwithfreedom.Com Inc.
3D Tour$474,900
Views: 5
Bedrooms: 4Bds
Bathrooms: 4Ba
Area: 2,457sqft
Single family home for sale
Keller Williams Success Realty
9900 S Thomas Dr #804, Panama City, FL 32408
Coastal Palms Real Estate
Building 60 Units Available
Unit #804
New Construction$474,900
Views: 7
Bedrooms: 5Bds
Bathrooms: 4Ba
Area: 2,890sqft
Single family home for sale
Dr Horton Realty Of Emerald Coast, Llc
9450 S Thomas Dr #2102, Panama City, FL 32408
Keller Williams Realty Emerald
17729 Front Beach Rd #2002E, Panama City Beach, FL 32413
Berkshire Hathaway Homeservices Beach Properties Of Florida
Building 6 Units Available
Unit #2002E
New Construction$474,500
Views: 3
Bedrooms: 3Bds
Bathrooms: 2Ba
Area: 1,453sqft
Single family home for sale
Exp Realty Llc
New Construction$474,469
Views: 21
Bedrooms: 4Bds
Bathrooms: 2Ba
Area: 2,191sqft
Sale Pending
Dr Horton Realty Of Emerald Coast, Llc
$474,000
Views: 10
Bedrooms: 3Bds
Bathrooms: 3Ba
Area: 1,728sqft
Single family home for sale
Counts Real Estate Group Inc
$474,000
Views: 14
Bedrooms: 3Bds
Bathrooms: 2Ba
Area: 2,037sqft
Single family home for sale
Home Sold Realty Llc
$472,500
Views: 5
Bedrooms: 3Bds
Bathrooms: 2Ba
Area: 2,348sqft
Single family home for sale
Mmk Topsell Properties Llc
HotNew Construction$471,900
Views: 11
Bedrooms: 4Bds
Bathrooms: 4Ba
Area: 2,245sqft
Single family home for sale
Dr Horton Realty Of Emerald Coast, Llc
New Construction$471,900
Views: 17
Bedrooms: 4Bds
Bathrooms: 4Ba
Area: 2,245sqft
Single family home for sale
Dr Horton Realty Of Emerald Coast, Llc
Showing 85 - 126 of 2,510 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
Sep 2021Mar 2024Mar 2026
Median Home Price
$292,900Down 0.12%
In Mar 2026 · YoY
Sep 2021Mar 2024Mar 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
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 6.23% · Data as of Mar 2026 · Source: Houzeo Research.
View Full Panama City Market Report
Based on information from Central Panhandle Association of REALTORS® MLS through Oct 30, 2026, 6:30 AM. 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®
Click to see all homes
2,510
Homes Available
$ 292,900
Median List Price
85 Days
Avg on Market