Preforeclosure Homes in Panama City, FL

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Preforeclosure NEW
$116,620 EMV

W 21st Ct
Panama City, FL 32405

2 Bed | 1 Bath | 950 Sq. Ft.

Preforeclosure NEW
$167,450 EMV

N Highway 231
Panama City, FL 32404

3 Bed | 3 Bath | 1,624 Sq. Ft.

$134,980 EMV

Maine Ave
Panama City, FL 32401

3 Bed | 1 Bath | 1,472 Sq. Ft.

$98,547 EMV

Lance St
Panama City, FL 32404

3 Bed | 2 Bath | 1,344 Sq. Ft.

$132,600 EMV

Lake Joanna Cir
Panama City, FL 32404

4 Bed | 2 Bath | 1,498 Sq. Ft.

$101,575 EMV

W 28th Ct
Panama City, FL 32405

3 Bed | 2 Bath | 1,392 Sq. Ft.

$258,372 EMV

Lakeview Cir
Panama City Beach, FL 32413

3 Bed | 2 Bath | 1,232 Sq. Ft.

$104,040 EMV

N Bright Ave
Panama City, FL 32404

3 Bed | 1 Bath | 1,216 Sq. Ft.

$89,675 EMV

Pearcy Rd
Panama City, FL 32404

3 Bed | 2 Bath | 1,248 Sq. Ft.

$278,375 EMV

Island Lake Cir
Panama City, FL 32405

4 Bed | 3 Bath | 2,592 Sq. Ft.

Displaying 1 - 10 of 198

Foreclosure Homes in Panama City, FL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Panama City, FL area at Get information on foreclosure homes for rent, how to buy foreclosures in Panama City, FL and much more. Save thousands at closing with home foreclosure listings in Panama City, FL — up to 75% off market value!

Top Reasons To Live In Panama City, FL In 2021

Panama City is located in Bay, Florida, with an estimated municipal population of 34,667 residents. All of the best foreclosed homes for sale in Panama City are located in the following zip code areas on 32401 32405 32404 32402 32412. The estimated population per square kilometer (.62 miles) in Panama City is 382.

Cost Of Living In Panama City, FL

So, about how much do homes cost in Panama City? The most recent median value of resident-owned homes in Panama City is 151,560. An estimated 50.5 percent of households in Panama City own their homes, with an average family size of 3.16. The median household income in Panama City is 43,953, with14.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Panama City, the median commute time of resident workers (in minutes) is 20.3. And last, but certainly not least, are you looking for homes to rent in Panama City? If so, the average rent price paid by renters in Panama City is 945, according to recent statistics.

Diversity And Demographics In Panama City, Florida

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Panama City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Panama City is 39, split between 47 percent male versus 53 female. The percentage of residents who report being married in Panama City is 36.2, with an average family size of 3.16.

The percentage of residents who report their race in Panama City is as follows:

White 71.9%
Black / African American 20.8%
Asian 2%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 3.5%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Panama City? Or maybe you are searching for 55+ active adult communities in and/or near Panama City?

The percentage of residents who report their age in Panama City is as follows:

Under 10 12.6%
Aged 10-19 10%
20s 14.7%
30s 14%
40s 10.5%
50s 14%
60s 11.7%
70s 7.2%
80+ 5.3%

Best Schools In Panama City, Florida

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Panama City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Panama City.

Pros And Cons Of Living In Panama City, Florida

How do you know that living in -- or moving to -- Panama City is right where you need to be? Perhaps you grew up in Panama City or already live nearby; therefore, the decision to buy a home in Panama City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Panama City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Panama City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Panama City.

Reasons To Move To Panama City, Florida, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Panama City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Panama City, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Panama City, FL

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