Investor-grade market analytics for Panama City, Florida. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$336,651
-3.5% year-over-year
6.0%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Panama City, FL is experiencing a correction with -3.5% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 4.96x, above the national average of 4.8x. Modest net positive migration (+736 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 6.02% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Panama City, FL's primary climate exposure is hurricanes (90/100). The composite climate risk score of 50/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. Buyers should consider climate-related insurance costs and potential future regulatory changes.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.