Panama Park
Homes for Sale in Jacksonville, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Panama Park's price story starts with the housing stock itself: a median build year of 1942 (homes here range from 1897 to 2024) and a median living area of 1,344 square feet. That combination of older construction and modest square footage is why the median sale price of $141,250 works out to roughly $119.98 per square foot, one of the more accessible price points in the broader Jacksonville market. Prices have still moved: up 9.1% year-over-year and up 443% since 2012, a long climb built on 28 recent closings, a modest sample that argues for pricing each home on its own condition rather than the average.
Right now the posture favors buyers. Inventory sits at just 14 active listings against a base of 2,906 homes, but 6.2 months of supply and a median 38.5 days on market put this in buyer-leaning territory. Sellers should expect more negotiation and a longer marketing window than a seller's market would allow, and buyers have room to be selective on condition and terms rather than compete against multiple offers.
Panama Park right now
🟡 Balanced market. 6.0 months of supply and 22% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of realMLS records, as of August 23, 2026. Confidence: Very High (18 active and pending listings, 28 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($145K) is up 12.0% from the prior 12 months ($130K) and up 458% since 2012.Momentum Research, record-level realMLS closed sales, 12-month windows ending August 23. Confidence: High (28 and 25 sales in the two windows).
What's unique here: the median sale price is about 53% below the typical Duval County sale ($145K vs $310K, trailing 12 months, realMLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 23, 2026 · Live data: realMLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Panama Park market snapshot (as of August 23, 2026): the median sale price is about $145K ($124 per sq ft over the trailing 12 months of closed sales), a median 37 days on market for closed sales, and 6.0 months of supply, a balanced market. The trailing-12-month median is up 12% from the prior 12 months and up 458% since 2012, computed from record-level realMLS closed sales (28 closings in the current window).
Panama Park is a community of 341 homes in Jacksonville, Duval County, built between 1899 and 2024 (median 1944), with a median living area of about 1,246 square feet. 42% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Panama Park is an established Duval County community in Jacksonville built out mostly in the early-to-mid 20th century, with construction continuing in pockets up through 2024. Listed amenities include fishing access and 24-hour security, though buyers should confirm current availability and any access rules directly with the HOA.
The setting & the homes.
Aerial and on-site photos of Panama Park. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Panama ParkPhotos from realMLS listings in Panama Park; content deemed reliable but not guaranteed.
Who Panama Park is best for.
Best for
- Buyers prioritizing affordability over square footage, comfortable near the $141,250 median price point.
- Buyers willing to budget for updates or repairs on an older home, given the median build year of 1942.
- Buyers who want negotiating room and can tolerate a longer search, given 6.2 months of supply and a 38.5-day median market time.
Probably not for
- Buyers who require new or newer construction rather than a mix spanning 1897 to 2024.
- Buyers expecting a fast-moving, multiple-offer market, since a market heat score of 36 suggests otherwise.
- Buyers who need a larger floor plan than the 1,344-square-foot median living area.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 23 of each year, from record-level realMLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($145K) IS the median in the snapshot above, and the move from 2025 ($130K) IS the +12.0% one-year change.
Windows contain 7 to 55 sales each (28 in the current window); every figure carries its sample size, and thin markets swing on single closings. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Panama Park Market Scorecard
Panama Park is currently a balanced market. About 5.6 months of supply, a median asking price of $155,000, and homes go under contract in about 47 days.
Typical home value in the 32208 ZIP is $150,128, about 24.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Panama Park, Jacksonville
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Source: Data provided by realMLS. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Panama Park
Live MLS inventory for Panama Park. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 19 daysTop listing
Active · 173 days
Active · 47 days
Active · 60 days
Active · 130 days
Active · 77 days
Active · 19 days
Active · 48 days
Active · 23 days
Active · 44 days
Active · 147 days
Active · 70 days
Active · 53 days
Active · 108 daysActive and pending Panama Park listings as of 2026-08-23, priced high to low. Source: Data provided by realMLS. Tap any home to ask about it.
Panama Park on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from realMLS. Map data © OpenStreetMap, tiles © CARTO.
Life at Panama Park
- Fishing · reported on 2 of 9 listings
- 24 Hour Security · reported on 1 of 9 listings
Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
How far is everything?
Everyday stops around Panama Park are close: the nearest groceries is about 2 minutes away.
- Norwood Plaza Flea Market · Groceries2 min
- Seven Seas Crab House · Dining2 min
- Hope Centre Mall · Shopping2 min
- Kangaroo Express · Coffee2 min
- Panama Park · Parks6 min
- Mi fisiatra del dolor · Health6 min
Approximate drive times via Mapbox Search + Directions, 2026-07-03. Verify for a specific address.
Schools
- Duval County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- North Shore Elementary SchoolFLDOE grade C · Public PreK-5
- Jean Ribault Middle SchoolFLDOE grade C · Public 6-8
- Jean Ribault High SchoolFLDOE grade A · Public 9-12
Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year and can change; always confirm with Duval County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Panama Park address.
Recent Developments in Panama Park
Development, infrastructure, retail, and school activity affecting Panama Park, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
JWB secures funding for 108 affordable housing units in Jacksonville
Jacksonville Today reported that JWB Real Estate Capital secured about $28.59 million in gap funding for 108 income-restricted units across three Westside sites on Tracy, Justina and Ricker roads. Plans include 38 townhome-style units and two sets of 35 efficiency units, priced at or below 60% of area median income for 50 years. Groundbreaking is expected by September 2026 with completion in 2027.
What it may mean for the marketAdds new income-restricted rental and townhome housing supply on the Westside, increasing the stock of long-term affordable units and drawing public and tax-credit investment into three infill sites. The project is about 12 miles southwest of Panama Park, elsewhere in Duval County.
Source: Jacksonville Today - July 2026Development
Culinary Institute of America selects Jacksonville for Southeast campus
News4Jax reported that the Culinary Institute of America chose downtown Jacksonville for its Southeast hub, to be located at 330 E. Bay Street on the Northbank riverfront. The campus would anchor a $160.5 million hotel and convention center development. The city previously approved up to $35 million in incentives, and the Downtown Investment Authority is finalizing agreements on design and property details.
What it may mean for the marketAnchors a major downtown riverfront redevelopment that pairs an educational campus with hotel and convention space, adding institutional and commercial investment to the urban core alongside Riverfront Plaza and Pearl Square. The project is about 4 miles south of Panama Park, elsewhere in Duval County.
Source: News4Jax - June 2026Development
Hillwood contracts with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center
Master developer Hillwood contracted with the City of Jacksonville for 192 acres at AllianceFlorida at Cecil Commerce Center on Jacksonville's Westside, continuing the buildout of the former Naval Air Station Cecil Field into an industrial and logistics park.
What it may mean for the marketContinued absorption of large industrial parcels at Cecil signals sustained employment growth on the Westside, which can support housing demand across nearby communities. The project is about 18 miles southwest of Panama Park, elsewhere in Duval County.
Source: Jax Daily Record - April 2026Development
Southeast Toyota opens $170M vehicle-processing facility at JAXPORT's Blount Island, adding 400-plus jobs
Southeast Toyota Distributors dedicated a new vehicle processing facility at JAXPORT's Blount Island Marine Terminal in April 2026. The company put the investment at $170 million and said the facility created more than 400 full-time jobs, most of them hired locally.
What it may mean for the marketA large new employment center on Blount Island adds sustained local job demand, a factor that has historically supported nearby housing absorption. The site is about 7 miles east of Panama Park.
Source: JAXPORT - April 2026Development
Hillwood seeks to mass-grade an AllianceFlorida site for a possible 1 million-square-foot building
Hillwood asked to mass grade a site at AllianceFlorida at Cecil Commerce Center to prepare for a possible 1 million-square-foot building, a step that typically precedes a large industrial or distribution user committing to the Westside park.
What it may mean for the marketA build-ready million-square-foot pad points to a potential large employer on the Westside, the kind of jobs anchor that can lift demand for nearby housing. The project is about 18 miles southwest of Panama Park, elsewhere in Duval County.
Source: Jax Daily Record - February 2026Infrastructure
JAXPORT details $250M Blount Island modernization and record cargo in 2026 State of the Ports
At its February 2026 State of the Ports address, JAXPORT outlined a $250 million modernization of Blount Island's container and vehicle-handling capabilities and reported record fiscal-2025 cargo volumes. The port also said an air-draft expansion to accommodate larger ships is on track to finish by the end of 2026.
What it may mean for the marketContinued heavy investment in the Blount Island port complex anchors long-term industrial employment on the northeast side, a structural demand driver for the surrounding area. The site is about 7 miles east of Panama Park.
Source: News4Jax
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Panama Park buying strategy.
If we were buying in Panama Park today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Panama Park.
What's Actually Driving Panama Park's Numbers
The math here is straightforward: a median build year of 1942 means most of the housing stock predates modern construction standards, and at 1,344 square feet median living area, these are compact homes by current standards. That's the backdrop for a $141,250 median price and $119.98 per square foot, value tied more to age, condition, and lot than to square footage alone. About 42.1% of homes carry a homestead exemption, meaning a meaningful share of this stock is owner-occupied rather than held purely as rental or investment property.
Supply is thin in absolute terms, 14 active listings out of 2,906 homes, but 6.2 months of supply still lands this market in buyer-leaning territory, and a market heat score of 36 backs that up: this isn't a market where listings move quickly or command premiums. A median 38.5 days on market gives buyers time to evaluate a property rather than being rushed, and it means sellers need pricing and presentation to do real work rather than relying on scarcity.
The location and the amenities are priced into every listing in Panama Park. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Panama Park buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 5 factors (5.8). Basis: Long-Term Appreciation +458% since 2012; Recent Direction +12.0% year-over-year; Liquidity & Demand 6.0 months of supply; Owner Commitment 42% owner-occupied; Pricing Power 87.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Panama Park's price is set by condition and age more than by comparable square footage, which means pricing and inspection strategy matter more here than in newer-construction markets. Momentum's agents price against the actual vintage and condition of a home rather than a generic per-square-foot number, and negotiate accordingly in a market that is currently favoring buyers.
Panama Park in 15 seconds.
HOA, CDD & Fees
- No CDD
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Page states no CDD.
Tools for a Panama Park buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Panama Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Panama Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Panama Park home worth?
Get a no-obligation home value based on real comparable sales in Panama Park, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Panama Park on the map →
Price History: What Homes Here Have Actually Sold For
Median sale prices in Panama Park Jacksonville year by year since 2012, from closed MLS sales. Long-run history beats any single estimate: it shows what this community has actually done through rate cycles, not what a model guesses.
Frequently Asked Questions
What is the median home price in Panama Park?
How long do homes in Panama Park take to sell?
Is Panama Park a buyer's or seller's market right now?
How many homes are in Panama Park?
What share of Panama Park is owner-occupied?
When were the homes in Panama Park built?
Have Panama Park home prices gone up?
What schools serve Panama Park?
Who is the best real estate agent for Panama Park?
How do I find a top Jacksonville real estate agent who knows Panama Park?
Can Momentum Realty connect me with an agent for Panama Park?
Should you buy in Panama Park?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Panama Park with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | realMLS, refreshed twice daily (last: August 23, 2026) |
| Community market stats | realMLS closed sales, 12-month windows ending August 23, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (8 streets, ZIP 32208)) |
| Under-contract shares | realMLS records, as of 2026-08-18 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-sale records back to 2001 (826 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of realMLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the realMLS member average and 8 days faster, and we’ll price yours against live your area comps.
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