Area data
Panama city beac, FL — ZIP 32407
Population: 16,404 (Census ACS)
Home values & appreciation
- Median home value
- $393,968
- 1-year appreciation
- -3.4%
- 3-year appreciation
- -13.9%
- 5-year appreciation
- +12.6%
- 10-year appreciation
- +70.8%
- All-time peak (2022-08)
- $465,870
- House Price Index
- 542.2 (-2.6% YoY)
Market activity
- Median sale price
- $365,000
- Median list price
- $385,000
- Median days on market
- 84 days
- Sale-to-list ratio
- 96.2%
- Active listings
- 351
- 1-year forecast
- -0.6%
- Days to pending
- 127 days
- New listings (monthly)
- 64
Rents
- Typical rent
- $1,702/mo
- 1-year rent change
- +2.5%
- 1BR fair-market rent
- $1,373/mo
- 3BR fair-market rent
- $2,111/mo
Affordability
- Cost of living index (Above Average)
- 101.0 (100 = US avg)
- Electricity rate (state-level)
- 15.2¢/kWh
- Natural gas rate (state-level)
- $25.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 4
- Elementary schools
- 3
- Middle schools
- 0
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Moderate
- Top hazards
- hurricane, lightning, tornado, coastalFlooding, coldWave
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 69.0°F
- Average high
- 79.0°F
- Average low
- 60.0°F
- Annual precipitation
- 60.3 in
Air quality
- Air quality rating
- Moderate
- Median AQI (annual)
- 51
- Days with Good air quality
- 176
Walkability & transit
- Walkability index
- 12.7 / 20
- Transit service frequency
- 1,110
Amenities
- Nearest airport
- Northwest Florida Beaches International Airport (ECP) (11 mi)
- Nearest major airport
- Northwest Florida Beaches International Airport (ECP) (11 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 3.0 / 5
- EV charging stations (within 10 mi)
- 48
- Solar radiation rating
- Good (4.9 kWh/m²/day)
Migration
- Net migration
- +1,965 tax filers
Housing stock
- Median year housing built
- 2,002
- Median annual property tax
- $2,555
- Mean commute to work
- 17 min
- Households with broadband internet
- 82.5%
Employment & development
- Total county employment
- 67,345
- Average weekly wage
- $954
- Top industries (by employment)
- Accommodation & Food, Health Care, Construction
- Annual residential building permits (county)
- 205
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →