Investor-grade market analytics for Panama City, Florida. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$346,096
-1.3% year-over-year
5.9%
gross annual
Migration: Top 7% nationally
In-migrants avg $71,965 AGI vs out-migrants $63,967
Opportunity Zone Market
3 ZIP codes in Panama City are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Panama City, FL is experiencing a correction with -1.3% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.1x, above the national average of 4.8x. Modest net positive migration (+1,025 returns/year) provides steady demand support. Climate risk is moderate (50/100) with manageable exposure. Rental yield of 5.91% is moderate, offering acceptable cash flow for leveraged investments.
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.