Homes for Sale Under $300K in Panama City, FL
This page tracks every Panama City listing with an asking price under $300,000, by community, with live counts and asking prices. Prices are asking prices from the MLS, not values, and the list changes with every refresh.
382 homes listed under $300,000 are for sale or pending in Panama City, FL today across 174 communities. The median asking price is $250,000, from $50,000 to $299,999. Listings in Panama City without that feature have a median of $411,142. Most listings right now: Liberty (27), Laketown Wharf (19), Sunrise at East Bay (13). Updated October 2, 2026 from the MLS.
First-time buyers: what Panama City costs at the entry level
248 active single-family homes, townhomes and condos at or below $300,000 — median $259,945, about $1,635/mo principal & interest at 6.95% with 5% down. Live from the MLS, refreshed nightly.
Newest homes under $300K in Panama City
What the payment looks like
| Purchase price | P&I at 6.95%, 5% down | P&I, 20% down | Cash to close at 5% down (est.) |
|---|---|---|---|
| $200,000 | $1,258 | $1,059 | $16,000 |
| $250,000 | $1,572 | $1,324 | $20,000 |
| $300,000 | $1,887 | $1,589 | $24,000 |
Estimates only; taxes, insurance, HOA and mortgage insurance are on top. Closing costs assumed at 3%.
Down-payment assistance in Bay County · First-time buyer guide
Panama City homes under $300K by community
Click a community for its full guide: prices, HOA reality, insurance posture and the homes for sale. The 60 communities with the most homes under $300K listed are tabled; the rest follow.
| Community | Homes Under $300K | New build | Median list | From |
|---|---|---|---|---|
| Liberty | 27 | 20 | $264,900 | $239,900 |
| Laketown Wharf | 19 | 1 | $250,000 | $225,000 |
| Sunrise at East Bay | 13 | 11 | $279,535 | $239,900 |
| Highland City | 10 | 3 | $269,900 | $159,900 |
| Springfield | 10 | 5 | $177,250 | $130,997 |
| Magnolia Ridge | 9 | 9 | $259,990 | $239,990 |
| Park Place Phase 1 | 6 | 6 | $277,400 | $264,900 |
| Baldwin Rowe | 6 | 0 | $245,000 | $219,900 |
| Emerald Pointe Resort | 6 | 0 | $204,950 | $149,000 |
| Parkbrook | 5 | 5 | $296,700 | $295,900 |
| Harvey Heights | 5 | 5 | $291,990 | $264,990 |
| Venetian Villa | 5 | 0 | $270,000 | $264,000 |
| Barrett's Park | 5 | 0 | $255,000 | $220,000 |
| Bayview Add | 5 | 0 | $199,000 | $149,500 |
| Sunbird Condo | 4 | 0 | $289,949 | $269,000 |
| Hursts Replat | 4 | 0 | $264,450 | $233,000 |
| Morningside | 4 | 4 | $254,900 | $249,900 |
| Top Of The Gulf Condo. | 4 | 0 | $236,500 | $235,000 |
| Lincoln Park 1st Addition | 4 | 4 | $199,000 | $199,000 |
| Sun Harbor Condo | 4 | 0 | $178,500 | $164,950 |
| Olde Towne Village | 3 | 0 | $299,900 | $264,999 |
| Gulf Coast Dev Second Addition | 3 | 3 | $299,900 | $289,900 |
| Oakland Terrace Add | 3 | 0 | $285,000 | $205,000 |
| Shadow Bay Unt 3 & 4 | 3 | 1 | $285,000 | $250,000 |
| Hodges Bayou Plantation 1 | 3 | 2 | $282,452 | $279,900 |
| Sudduths 4th Add | 3 | 0 | $260,000 | $130,000 |
| N Highland | 3 | 3 | $259,900 | $244,900 |
| Bry-Co Park | 3 | 2 | $259,000 | $230,000 |
| Callaway Corners | 3 | 0 | $249,000 | $239,000 |
| Villas Of St. Thomas 1 | 3 | 0 | $245,000 | $240,000 |
| Bay Point Studio Villas Unit 2 | 3 | 0 | $218,900 | $199,000 |
| Hentz 1st Add Unit B | 3 | 0 | $218,000 | $169,000 |
| Landmark On St. Andrews Bay | 3 | 0 | $186,600 | $184,900 |
| Callaway | 3 | 0 | $185,000 | $185,000 |
| Shade Tree Condo Ph II | 3 | 0 | $175,000 | $174,900 |
| Hickory Park | 3 | 0 | $160,000 | $160,000 |
| W H Parker | 3 | 0 | $155,000 | $139,900 |
| Greentree Heights | 2 | 0 | $299,000 | $299,000 |
| Villas Of St. Thomas 3 | 2 | 0 | $292,000 | $289,000 |
| Bridge Harbor | 2 | 0 | $292,000 | $285,000 |
| Titus Park | 2 | 0 | $289,400 | $288,900 |
| Sunswept 4 | 2 | 0 | $285,000 | $280,000 |
| Drummond & Ware Add | 2 | 0 | $284,950 | $277,400 |
| Hickory Manor | 2 | 0 | $277,450 | $255,000 |
| Bayview Heights | 2 | 0 | $267,250 | $249,500 |
| Callaway Forest U-2 | 2 | 0 | $267,000 | $259,000 |
| Segler | 2 | 0 | $266,500 | $240,000 |
| Nowell Court | 2 | 0 | $264,000 | $255,000 |
| Bay Point Harbour Villas | 2 | 0 | $264,000 | $240,000 |
| Nautical Watch II | 2 | 0 | $262,000 | $260,000 |
| Forest Park | 2 | 0 | $260,999 | $249,999 |
| Caroline Add Unit 2 | 2 | 0 | $259,000 | $239,000 |
| St. Andrews Bay Dev. Co. | 2 | 0 | $258,850 | $233,700 |
| Sunbay Townhouses | 2 | 0 | $257,450 | $230,000 |
| Laketown Wharf Phase II | 2 | 0 | $254,450 | $249,000 |
| Keiths Bay Harbor Add | 2 | 1 | $252,450 | $230,000 |
| Welch Add | 2 | 0 | $247,150 | $245,300 |
| Cove Terrace | 2 | 0 | $246,950 | $214,900 |
| Bayou Plat | 2 | 1 | $245,500 | $235,000 |
| Bay Club Condo Ph 2 | 2 | 0 | $235,750 | $222,500 |
Also with homes under $300K for sale
- Sentinel Point (2)
- Robindale (2)
- Glenwood Addition (2)
- Chandlee 3rd Add (2)
- Dixie Heights (2)
- Oceanna Condo (2)
- Sherwood Unit 2 (2)
- Biltmore Beach (2)
- East Bay Park (2)
- Pine Woods Dev Phase II (2)
- St And Bay Dev Co (2)
- Holmes Add- Millville (2)
- Bay Club Condo Ph 1 (2)
- Sand Castles Villa (2)
- Sandy Creek Ranch (2)
- Shermans 2nd Add (2)
- Ten Acre Terrace (1)
- Northwoods (1)
- Pretty Bayou Hts 2nd (1)
- Old Town Plat (1)
- Bay Point Studio Villas Unit 3 (1)
- North Lagoon Heights (1)
- Towne & Country Lake Estates (1)
- Lannie Rowe Lake Estates U-6 (1)
- Oakshore Villas Twnhs (1)
- Shores Of Panama (1)
- M. N. Kneece Replat (1)
- Imperial Oaks (1)
- Pinecrest Add. (1)
- Grove Heights (1)
- Chandlee 3rd Add To Pc (1)
- Boardwalk Central (1)
- Brook Forest U-1 (1)
- Holiday Beach Unit 8 (1)
- Lorraine Estates (1)
- The Summit (1)
- Lillian Carlisle Plat (1)
- Hentz 1st Add Unit-B Rep (1)
- Silvernail Heights (1)
- Brittany Woods Park (1)
- Gilbert-Pkr Add-Pt Don (1)
- Brighton Oaks (1)
- Marlin Place (1)
- Village of Mill Bayou/Shoreline Village Ph 1C (1)
- Sandy Creek (1)
- Pine Crest Add To Callaway (1)
- Millville (1)
- Bay Front Unit 3 (1)
- Bay Front Unit 2 (1)
- Cove (1)
- Sunswept 3 (1)
- Keiths 1st Add (1)
- Bunkers Cove (1)
- Lake Drive Heights (1)
- Tyndall Station (1)
- Bay Point Golf Villas II (1)
- Bay Point Golf Villas I (1)
- Black Oak Ridge (1)
- Shadow Bay Unit 2 (1)
- Forest Park Village (1)
- Thousand Oaks (1)
- Sunny South Add (1)
- Sugar Beach Condo (1)
- Grand Lagoon Cove Condominium (1)
- Jakes Landing (1)
- Blueberry Hill (1)
- Lannie Rowe Lake Estates U-7 (1)
- Hentz 1st Add Unit A (1)
- Woodridge (1)
- Lagoon Towers Phase I (1)
- Greenwood Estates 2 (1)
- Fox Place Estates (1)
- North Lagoon Oaks (1)
- Forest Park 5th Add (1)
- Caroline Addition (1)
- Pitts 1st Addto Parker (1)
- Shermans Add (1)
- Bayou Estates (1)
- Sand Castles Villas Condo (1)
- Grove Hill (1)
- Parkway Manor (1)
- St Andrews Bay Dev Co (1)
- Carver Heights (1)
- Hannover Estates (1)
- Lakeside Plat (1)
- Parker (1)
- Green Gables Amended (1)
- Plazas Of St.Thomas I (1)
- Bonita Point (1)
- Oak Hill (1)
- Ocean Terr. Condo. (1)
- Callaway Chase (1)
- Venetian Villa 3rd Add (1)
- Pine Woods Add. (1)
- Chapel Estates (1)
- Hiland Heights (1)
- Atlantis Park (1)
- Hidden Lagoon Villas (1)
- Morris Heights (1)
- Edgewood (1)
- Wh Parker (1)
- Delwood Estates Ph 1 (1)
- Sweetwater Village S Ph I (1)
- Pinewood Dev. Phase 2 (1)
- Southport (1)
- East Springfield (1)
- Magnolia Hills (1)
- North Springfield (1)
- Landing At Lake Caroline (1)
- Lincoln Park (1)
- St A B Dev Co (1)
- Rosenwald Heights (1)
- Mooretown (1)
- Cedar Wood Estates Ph 2 (1)
What under $300,000 buys and what to check
In this price band the differences between listings are usually age, size and condition rather than location alone, so read each listing’s year built, square footage and property type (a condo or manufactured home and a single-family home can sit at the same price with very different monthly costs). Budget the full monthly number, not the price: taxes, insurance, and HOA or CDD fees are all on each listing page, and our true cost of ownership calculator puts them into one figure. Insurance quotes on older roofs and older electrical can change which of two similar homes is actually cheaper.
Questions to ask about any listing in this band
How old is the roof, and will insurers write it? Is there a four-point inspection on file? What did the seller pay for insurance last year? In a condo, what are the dues, is there a special assessment or milestone inspection pending, and what do the reserves look like? Is the price a recent reduction, and how long has it been listed? A local agent who works the area will know which communities in this band have the fewest surprises at inspection.
Common questions
How many homes listed under $300,000 are for sale in Panama City?
What do homes under $300K cost in Panama City?
Which Panama City community has the most homes under $300K for sale?
What is the monthly payment on a home under $300,000?
Keep exploring Panama City
- All homes for sale in Panama City
- Panama City ZIP codes with prices
- Panama City 4-bedroom homes
- Panama City homes $300K–$500K
- Homes Under $300K in every city
Homes Under $300K in nearby Bay County cities
- Panama City Beach homes under $300K (346 for sale)
- Lynn Haven homes under $300K (22 for sale)
- Southport homes under $300K (16 for sale)
Live data: Central Panhandle AOR, refreshed with every MLS pull; this page rebuilds on every ship. Community-level aggregates only: active and pending residential listings in Panama City, FL whose MLS record reports an asking price under $300,000. Prices are asking prices, not values. Property features and prices only; nothing on this page describes residents. Equal Housing Opportunity.