Metropolitan Statistical Area (MSA):

Panama City, FL

Panama City, FL is a Metropolitan Statistical Area (MSA) comprising counties including Bay County.

Housing Market Trends in the Panama City, FL Metropolitan Statistical Area

There are many reasons to believe that the Panama City, FL metropolitan statistical area (MSA) is a great place to invest in real estate. The area has a strong economy with a diverse mix of industries, including tourism, healthcare, military, and education. The population is growing, and the housing market is strong.

The average home price in the Panama City MSA is $225,000, which is up 6% from last year. The median home price is $204,000, which is also up 6% from last year. The average rent for an apartment in the MSA is $1,200 per month.

There are several new developments underway that will further increase the demand for housing in the area. These include a new airport terminal at Panama City Beach International Airport and a new campus for Florida State University Panama City. In addition, many people are moving to the area to retire or to escape hurricanes and other natural disasters that have become more common in other parts of Florida.

The Panama City MSA is a great place to invest in real estate because of its strong economy, growing population, and increasing demand for housing.

Cities in Panama City, FL


Zip codes in Panama City, FL


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