Cities with the fastest-growing home prices in the Panama City metro area

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January 20, 2026
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Cities with the fastest-growing home prices in the Panama City metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $359,078 in December, 0.1% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

compiled a list of cities with the most expensive homes in the Panama City, FL metro area using data from . Charts show the monthly typical home value since January 2018.

1 / 10
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#10. Port Saint Joe, FL

- 1-year price change: -$31,023 (-6.4%)
- 5-year price change: +$139,967 (+44.9%)
- Typical home value: $451,381 (#2 most expensive city in metro)

2 / 10
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#9. Panama City Beach, FL

- 1-year price change: -$26,874 (-6.2%)
- 5-year price change: +$93,988 (+30.4%)
- Typical home value: $403,205 (#3 most expensive city in metro)

3 / 10
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#8. Mexico Beach, FL

- 1-year price change: -$18,940 (-3.8%)
- 5-year price change: +$189,876 (+64.3%)
- Typical home value: $485,121 (#1 most expensive city in metro)

4 / 10
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#7. Springfield, FL

- 1-year price change: -$9,856 (-4.7%)
- 5-year price change: +$51,419 (+34.1%)
- Typical home value: $202,040 (#9 most expensive city in metro)

5 / 10
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#6. Parker, FL

- 1-year price change: -$8,739 (-3.9%)
- 5-year price change: +$52,395 (+31.6%)
- Typical home value: $217,956 (#8 most expensive city in metro)

6 / 10
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#5. Youngstown, FL

- 1-year price change: -$7,348 (-3.1%)
- 5-year price change: +$57,211 (+32.9%)
- Typical home value: $230,922 (#7 most expensive city in metro)

7 / 10
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#4. Callaway, FL

- 1-year price change: -$5,634 (-2.2%)
- 5-year price change: +$58,221 (+29.6%)
- Typical home value: $255,101 (#6 most expensive city in metro)

8 / 10
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#3. Lynn Haven, FL

- 1-year price change: -$5,422 (-1.7%)
- 5-year price change: +$68,830 (+28.1%)
- Typical home value: $313,369 (#4 most expensive city in metro)

9 / 10
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#2. Fountain, FL

- 1-year price change: -$3,855 (-3.4%)
- 5-year price change: +$19,765 (+22.1%)
- Typical home value: $109,095 (#10 most expensive city in metro)

10 / 10
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#1. Panama City, FL

- 1-year price change: -$1,668 (-0.6%)
- 5-year price change: +$68,811 (+33.9%)
- Typical home value: $271,796 (#5 most expensive city in metro)

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