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Homes Under $500K in Panama City, FL
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3 bedsNew constructionWith a pool

Homes Under $500K in Panama City, FL

Homes Under $500K in Panama City, FL

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24 of 992 Listings
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Homes Under $500K in Panama City, FL

24 of 992 Listings

Your local brokerage

TO

Thomas O'Leary

Realty.com

Lic. #BK3453168

Call Thomas
  1. 1614 Molitor Avenue — photoNew23Active

    $349,999

    3 bd · 2 ba · 1,636 sqft

    1614 Molitor Avenue, Panama City, FL

    Chris C Allen · Real Broker LLC

  2. 8743 Thomas Drive Unit 1425 — photoNew32Active

    $295,000

    1 bd · 2 ba · 740 sqft

    8743 Thomas Drive Unit 1425, Panama City, FL

    James R Holt · RC Real Estate Group

  3. NewActive

    $142,000

    2 bd · 1 ba · 884 sqft

    1104 Fairy Avenue, Panama City, FL

    Ron Rago · Beachy Beach Real Estate

  4. 1925 Frankford Avenue — photo34Active

    $269,000

    3 bd · 2 ba · 1,352 sqft

    1925 Frankford Avenue, Panama City, FL

    Ramone C Silvera · Watersound Real Estate

  5. 1702 Calhoun Avenue — photoNew29Active

    $339,000

    3 bd · 2 ba · 1,557 sqft

    1702 Calhoun Avenue, Panama City, FL

    Christina Daniels · Keller Williams Success Realty

  6. 7134 William Pitsenbarger Road — photoNew71Active

    $359,900

    5 bd · 3 ba · 2,043 sqft

    7134 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  7. 7146 William Pitsenbarger Road — photoNew71Active

    $359,900

    5 bd · 3 ba · 2,043 sqft

    7146 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  8. 7138 William Pitsenbarger Road — photoNew68Active

    $329,900

    3 bd · 2 ba · 1,580 sqft

    7138 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  9. 7137 William Pitsenbarger Road — photoNew67Active

    $299,900

    4 bd · 2 ba · 1,458 sqft

    7137 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  10. 3638 Lane Road — photo23Active

    $220,000

    3 bd · 2 ba · 1,777 sqft

    3638 Lane Road, Panama City, FL

    Wanda L Miller · Adventure Realty Group LLC

  11. 7049 William Pitsenbarger Road — photoNew67Active

    $314,900

    3 bd · 2 ba · 1,580 sqft

    7049 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  12. 7125 William Pitsenbarger Road — photoNew67Active

    $314,900

    3 bd · 2 ba · 1,580 sqft

    7125 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  13. 202 Reddy Creek Drive — photoNew31Active

    $264,900

    3 bd · 2 ba · 1,427 sqft

    202 Reddy Creek Drive, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  14. 234 Lawton Branch Way — photoNew36Active

    $269,900

    3 bd · 2 ba · 1,293 sqft

    234 Lawton Branch Way, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  15. 11347 Front Beach Road Unit 1011 — photoNew37Active

    $350,000

    2 bd · 2 ba · 1,317 sqft

    11347 Front Beach Road Unit 1011, Panama City, FL

    Travis Mattair · Innerscope Realty LLC

  16. 134 N James Avenue — photo38Active

    $270,000

    3 bd · 2 ba · 1,312 sqft

    134 N James Avenue, Panama City, FL

    April M Hinds · Beachy Beach Real Estate

  17. 7114 William Pitsenbarger Road — photoNew68Active

    $329,900

    3 bd · 2 ba · 1,580 sqft

    7114 William Pitsenbarger Road, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  18. 9860 S Thomas Drive Unit 1310 — photoNew57Active

    $355,400

    2 bd · 2 ba · 1,262 sqft

    9860 S Thomas Drive Unit 1310, Panama City, FL

    Laurie W McKay · Coastal Living Realty & Associates

  19. 2204 Warbler Street — photoNew60Active

    $450,000

    3 bd · 2 ba · 1,551 sqft

    2204 Warbler Street, Panama City, FL

    The Sanchez Group · Think Real Estate

  20. 1549 Everitt Avenue — photoNew1Active

    $269,000

    3 bd · 2 ba · 1,106 sqft

    1549 Everitt Avenue, Panama City, FL

    Mark Cowart · Counts Real Estate Group Inc

  21. 6485 Haskins Drive — photoNew68Active

    $394,900

    4 bd · 3 ba · 1,968 sqft

    6485 Haskins Drive, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  22. 4620 Bay Point Road Unit 1037 — photoNew41Active

    $399,000

    2 bd · 2 ba · 1,486 sqft

    4620 Bay Point Road Unit 1037, Panama City, FL

    Kelly L Smith · Keller Williams Realty Southeast Alabama

  23. 230 Lawton Branch Way — photoNew38Active

    $289,900

    3 bd · 2 ba · 1,580 sqft

    230 Lawton Branch Way, Panama City, FL

    Mark A Miles · DR Horton Realty of Emerald Coast, LLC

  24. 3865 Wall Street Hs 127 — photoOpen house Sun, Nov 1 · 12:00 PM42Active

    $260,990

    3 bd · 2 ba · 1,569 sqft

    3865 Wall Street Hs 127, Panama City, FL

    Andrew P Biegalski · Lennar Realty Inc

12…42

About Homes Under $500K in Panama City, FL

Homes Under $500K in Panama City, FL: 992 active listings as of October 24, 2026, 19:19 UTC.

Property types among these 992 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property typeListingsShare
Single Family Residence65265.7%
Condominium18819.0%
Attached798.0%
Manufactured Home393.9%
Duplex151.5%
Attached Single Unit70.7%
Realty.com

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The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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Listing data & MLS disclosures

Central Panhandle Association of REALTORS
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.
Listing information ©2026 Central Panhandle Association of Realtors®. All Rights Reserved. Last Updated: 2026-10-24 18:44:36 UTC

Panama City, FL community profile

Population
37,893
Median income
$56,830
Housing units
19,317
People per sq. mi.
77
Area
492 sq. mi.

Source: HJN community data

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    Your local brokerage

    TO

    Thomas O'Leary

    Realty.com

    Lic. #BK3453168

    Call Thomas

    Panama City housing market

    September 2026 · This period is still settling

    Panama City 12-month median sale price trend

    Selling at 97.5% of asking price

    Buyers here are paying below asking. MLS · 188 sales · as of Sep 30, 2026

    Homes that sold · County records, as of Sep 29, 2026

    Median sale price
    $279,900$170,000–$400,000 typical range
    Price per sq. ft.
    $175
    Sales
    201
    Paid in cash
    41.8%

    Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

    Median list price
    $369,000
    Homes for sale
    1,130
    Median days on market
    76 days

    Price trend · Assessor repeat sales, as of Sep 30, 2026

    Year-over-year
    -16.2%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

    Median home size
    1,605 sq. ft.