Comprehensive market data and analysis• Updated Dec 2025
10.7 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 30 | 71 | 168 |
| 1-2 acres | - | 3 | 7 | 13 |
| 2-5 acres | - | 2 | 6 | 12 |
| 5-10 acres | - | 1 | 5 | 9 |
| 10-20 acres | 1 | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 2 |
| TOTAL | 2 | 37 | 90 | 205 |
Acreage buckets
The median price for land in Panama City, Florida is currently $170K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $352K.
Panama City, Florida is currently a buyer's market with 10.7 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 82.5% year-over-year.
Panama City, Florida currently has 10.7 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Over the past 12 months, Panama City, Florida saw 209 properties sold, totaling $56.5M in sales volume. In just the last 3 months, 37 properties changed hands.
The 3-month absorption rate in Panama City, Florida is 9.3%. The 12-month rate is 13.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Panama City, Florida averages $593K per acre. The median price per acre is $170K, which may be more representative of typical transactions. Most parcels sold are around 13,068 sq ft.
The median land price in Panama City, Florida stands at $55K. This translates to roughly $170K per acre for the typical parcel size. The average price is $270K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
