How many homes in Panama City have reduced their price?

68 listings cut their asking price in the last 7 days and 88 in the last 30, about 9% of the 899 homes currently for sale.

What is the typical price cut in Panama City?

The median reduction over the last 30 days is 2.5%, or about $9,200.

Which Panama City communities have the most price reductions?

Liberty (6), Laketown Wharf (4), Springfield (4), Holiday Beach (4), Bridge Harbor (4), Highland City (2).

Panama City, FL Price Reductions

By Jon Brooks, Co-Founder, Momentum Realty · Updated September 24, 2026

A price reduction is the clearest signal a seller sends: the first number did not work. This tracker lists every Panama City listing that lowered its asking price, updated nightly from the live MLS record — the old price, the new price, the size of the cut and how long the home has been on the market — so buyers can see where sellers are moving and sellers can see what their competition just did.

68 homes for sale in Panama City, FL cut their asking price in the last 7 days and 88 in the last 30, out of 899 active listings (9% reduced at least once this month). The median reduction is 2.5% ($9,200). The largest cut this week was $50,000 on 8213 Surf Drive, Panama City, Fl 32408 in Bel Air ($1,475,000 → $1,425,000).

Latest price reductions in Panama City

Listing	Community	Was	Now	Cut	DOM
116 Queens Circle, Panama City, Fl 32405 Sep 24 · 3 bd · 3 ba	Kings Point	$735,000	$692,000	−5.9%	26
7228 Shady Oak Way, Panama City, Fl 32409 Sep 24 · 4 bd · 3 ba	Hodges Bayou Plantation	$374,900	$369,900	−1.3%	41
1525 Donna Avenue, Panama City, Fl 32404 Sep 23 · 3 bd · 2 ba	Bay Front	$285,000	$265,000	−7.0%	125
6505 Thomas Drive 512, Panama City, Fl 32408 Sep 23 · 2 bd · 2 ba	Summerhouse Of P.C.	$455,000	$439,000	−3.5%	55
408 N Macarthur Avenue, Panama City, Fl 32401 Sep 23 · 4 bd · 2 ba	Bunkers Cove	$275,000	$260,000	−5.5%	76
1136 Transmitter Road, Panama City, Fl 32401 Sep 23 · 3 bd · 1 ba	Chapel Estates	$199,000	$189,000	−5.0%	12
2317 E 3Rd Street, Panama City, Fl 32401 Sep 23 · 3 bd · 2 ba	Welch	$255,000	$245,300	−3.8%	35
3119 Debra Boulevard, Panama City, Fl 32405 Sep 23 · 2 bd · 2 ba	Highland City	$164,900	$159,900	−3.0%	14
3007 Longwood Circle, Panama City, Fl 32405 Sep 23 · 3 bd · 2 ba	Huntingdon Estates U	$319,900	$314,900	−1.6%	61
6506 Hiwassee Street, Panama City, Fl 32404 Sep 23 · 3 bd · 2 ba	Callaway	$279,990	$275,000	−1.8%	144
7403 Sunset Avenue, Panama City, Fl 32408 Sep 23 · 4 bd · 5 ba	Holiday Beach	$1,091,600	$1,090,600	−0.1%	230
226 Reddy Creek Drive, Panama City, Fl 32404 Sep 22 · 3 bd · 2 ba	Park Place	$293,900	$264,900	−9.9%	39
6220 Sunset Avenue, Panama City, Fl 32408 Sep 22 · 2 bd · 2 ba	Holiday Beach	$525,000	$510,000	−2.9%	57
8730 Thomas Drive 314, Panama City, Fl 32408 Sep 22 · 2 bd · 2 ba	Villas Of St. Thomas	$299,000	$295,000	−1.3%	98
533 E 9Th Street, Panama City, Fl 32401 Sep 22 · 3 bd · 2 ba	Sunny South	$252,500	$249,900	−1.0%	141
3606 Tiki Drive 213, Panama City, Fl 32408 Sep 22 · 1 bd · 1 ba	Hidden Lagoon Villas	$175,000	$174,500	−0.3%	133
131 Tiller Drive, Panama City, Fl 32404 Sep 22 · 4 bd · 2 ba	Bridge Harbor	$330,000	$329,500	−0.2%	35
325 Confidence Way, Panama City, Fl 32409 Sep 21 · 4 bd · 4 ba	Fanning Bayou	$995,000	$949,000	−4.6%	45
6010 Sunset Avenue, Panama City, Fl 32408 Sep 21 · 3 bd · 2 ba	Biltmore Beach	$399,990	$379,000	−5.2%	114
4962 Prater Road, Panama City, Fl 32404 Sep 21 · 4 bd · 3 ba	Liberty	$454,000	$439,000	−3.3%	42
3914 Sabine Street, Panama City, Fl 32408 Sep 21 · 4 bd · 3 ba	Holiday Beach	$569,000	$560,000	−1.6%	21
8213 Surf Drive, Panama City, Fl 32408 Sep 20 · 4 bd · 3 ba	Bel Air	$1,475,000	$1,425,000	−3.4%	318
3540 Cedar Park Lane, Panama City, Fl 32404 Sep 20 · 4 bd · 2 ba	Cedar Park	$465,000	$450,000	−3.2%	7
7536 Kelsey Drive, Panama City, Fl 32404 Sep 20 · 3 bd · 2 ba	Shadow Bay Unt	$300,000	$285,000	−5.0%	26
4881 Shurer Lane, Panama City, Fl 32404 Sep 20 · 4 bd · 2 ba	Liberty	$279,000	$269,000	−3.6%	76
4052 Silver Spur Road, Panama City, Fl 32404 Sep 20 · 3 bd · 2 ba	Brighton Oaks	$289,000	$279,000	−3.5%	91
821 S Gay Avenue, Panama City, Fl 32404 Sep 20 · 3 bd · 1 ba	Pitts Addto Parker	$237,000	$227,000	−4.2%	16
11622 Poston Road, Panama City, Fl 32404 Sep 20 · 3 bd · 2 ba	Sunrise At East Bay	$259,900	$250,000	−3.8%	34
9850 S Thomas Drive 401W, Panama City, Fl 32408 Sep 20 · 1 bd · 1 ba	Sunbird Condo	$309,300	$300,000	−3.0%	188
112 N Gayle Avenue, Panama City, Fl 32401 Sep 20 · 4 bd · 2 ba	Cove Terrace	$425,000	$420,000	−1.2%	28
2318 Oakwood Street, Panama City, Fl 32408 Sep 20 · 3 bd · 2 ba	Treasure Cove	$325,000	$320,000	−1.5%	90
7365 John Levitow Lane, Panama City, Fl 32404 Sep 20 · 4 bd · 2 ba	Liberty	$244,900	$239,900	−2.0%	105
830 Brandeis Avenue, Panama City, Fl 32405 Sep 20 · 3 bd · 2 ba	Stanford Place	$425,000	$420,000	−1.2%	31
316 Cherry Street 41, Panama City, Fl 32401 Sep 20 · 2 bd · 2 ba	Bay Club Condo	$240,000	$235,000	−2.1%	58
6400 Bellavia Lane, Panama City, Fl 32404 Sep 20 · 4 bd · 2 ba	Liberty	$269,000	$265,000	−1.5%	105
3203 E 2Nd Place, Panama City, Fl 32401 Sep 20 · 3 bd · 2 ba	Springfield	$169,000	$165,000	−2.4%	128
125 Carriage Road, Panama City, Fl 32404 Sep 20 · 3 bd · 3 ba	Bridge Harbor	$335,000	$332,500	−0.7%	84
9860 S Thomas Drive 705, Panama City, Fl 32408 Sep 20 · 1 bd · 2 ba	Laketown Wharf	$275,000	$273,000	−0.7%	230
222 Springfield Avenue, Panama City, Fl 32401 Sep 20 · 3 bd · 2 ba	Springfield	$133,997	$132,437	−1.2%	126
4305 Bay Point Road 459, Panama City, Fl 32408 Sep 20 · 2 bd · 3 ba	Bay Point Golf Villas	$259,900	$258,900	−0.4%	41
5528 Mars Hill Lane, Panama City, Fl 32404 Sep 20 · 5 bd · 4 ba	Mars Hill	$515,000	$514,000	−0.2%	44
6609 Thomas Drive 205, Panama City, Fl 32408 Sep 19 · 2 bd · 2 ba	Coral Reef Condo	$684,000	$669,000	−2.2%	69
1900 Beck Avenue, Panama City, Fl 32405 Sep 19 · 3 bd · 2 ba	Hentz Unit-B Rep	$289,000	$284,000	−1.7%	120
1610 Lake Avenue, Panama City, Fl 32401 Sep 18 · 3 bd · 1 ba	Lakeside	$216,500	$199,500	−7.9%	65
1211 Tuscany Road, Panama City, Fl 32405 Sep 18 · 3 bd · 2 ba	Venetian Villa	$390,000	$379,000	−2.8%	191
315 Springfield Avenue, Panama City, Fl 32401 Sep 18 · 3 bd · 1 ba	Springfield	$220,000	$210,000	−4.5%	54
4720 Firefly Lane, Panama City, Fl 32404 Sep 18 · 4 bd · 2 ba	Titus Park	$339,000	$334,000	−1.5%	65
505 Phillips Court, Panama City, Fl 32404 Sep 18 · 3 bd · 2 ba	Hickory Manor	$260,000	$255,000	−1.9%	250
182 Osprey Lake Road, Panama City, Fl 32404 Sep 18 · 4 bd · 3 ba	Bridge Harbor	$378,000	$375,000	−0.8%	113
9708 Beach Boulevard, Panama City, Fl 32408 Sep 18 · 7 bd · 7 ba	A W Pledger Panama City Beach	$4,999,000	$4,998,500	−0.0%	63
2504 W 21St Street, Panama City, Fl 32405 Sep 18 · 3 bd · 1 ba	Hentz B	$230,000	$229,900	−0.0%	112
4250 Dairy Farm Road, Panama City, Fl 32404 Sep 18 · 3 bd · 2 ba	Bylsma Manor Estates	$348,900	$348,899	−0.0%	42
7106 William Pitsenbarger Road, Panama City, Fl 32404 Sep 17 · 4 bd · 2 ba	Liberty	$344,900	$319,900	−7.2%	105
4845 Windrow Way, Panama City, Fl 32404 Sep 17 · 4 bd · 2 ba	Titus Park	$359,900	$334,900	−6.9%	109
6201 Thomas Drive 401, Panama City, Fl 32408 Sep 17 · 2 bd · 2 ba	Watercrest Condo	$650,000	$625,000	−3.8%	251
1136 Transmitter Road, Panama City, Fl 32401 Sep 17 · 3 bd · 1 ba	Chapel Estates	$219,000	$199,000	−9.1%	12
8727 Thomas Drive E8, Panama City, Fl 32408 Sep 17 · 1 bd · 1 ba	Sugar Beach Condo	$268,000	$249,800	−6.8%	22
7531 Delancey Street, Panama City, Fl 32404 Sep 17 · 3 bd · 2 ba	Morningside	$276,900	$259,900	−6.1%	34
907 School Avenue, Panama City, Fl 32401 Sep 17 · 3 bd · 2 ba	Robindale	$240,000	$229,000	−4.6%	23
7365 John Levitow Lane, Panama City, Fl 32404 Sep 17 · 4 bd · 2 ba	Liberty	$254,900	$244,900	−3.9%	105

Biggest cuts this week

Listing	Community	Was	Now	Cut	DOM
8213 Surf Drive, Panama City, Fl 32408 Sep 20 · 4 bd · 3 ba	Bel Air	$1,475,000	$1,425,000	−3.4%	318
325 Confidence Way, Panama City, Fl 32409 Sep 21 · 4 bd · 4 ba	Fanning Bayou	$995,000	$949,000	−4.6%	45
116 Queens Circle, Panama City, Fl 32405 Sep 24 · 3 bd · 3 ba	Kings Point	$735,000	$692,000	−5.9%	26
226 Reddy Creek Drive, Panama City, Fl 32404 Sep 22 · 3 bd · 2 ba	Park Place	$293,900	$264,900	−9.9%	39
7106 William Pitsenbarger Road, Panama City, Fl 32404 Sep 17 · 4 bd · 2 ba	Liberty	$344,900	$319,900	−7.2%	105
4845 Windrow Way, Panama City, Fl 32404 Sep 17 · 4 bd · 2 ba	Titus Park	$359,900	$334,900	−6.9%	109
6201 Thomas Drive 401, Panama City, Fl 32408 Sep 17 · 2 bd · 2 ba	Watercrest Condo	$650,000	$625,000	−3.8%	251
6010 Sunset Avenue, Panama City, Fl 32408 Sep 21 · 3 bd · 2 ba	Biltmore Beach	$399,990	$379,000	−5.2%	114
1525 Donna Avenue, Panama City, Fl 32404 Sep 23 · 3 bd · 2 ba	Bay Front	$285,000	$265,000	−7.0%	125
1136 Transmitter Road, Panama City, Fl 32401 Sep 17 · 3 bd · 1 ba	Chapel Estates	$219,000	$199,000	−9.1%	12

Communities with the most reductions (30 days)

Community	City	Reductions	Median cut
Liberty	Panama City	6	−3.4%
Laketown Wharf	Panama City	4	−0.9%
Springfield	Panama City	4	−3.5%
Holiday Beach	Panama City	4	−0.8%
Bridge Harbor	Panama City	4	−0.8%
Highland City	Panama City	2	−2.3%
Venetian Villa	Panama City	2	−3.2%
Pitts Addto Parker	Panama City	2	−4.7%
Biltmore Beach	Panama City	2	−6.8%
Fanning Bayou	Panama City	2	−3.1%
Chapel Estates	Panama City	2	−7.1%
Titus Park	Panama City	2	−4.2%
Watercrest Condo	Panama City	2	−2.4%
Top Of The Gulf Condo	Panama City	2	−1.6%

How to read this

Reductions are detected by comparing each listing’s asking price night over night in the MLS feed; a listing appears once per cut, and the share reduced counts each listing once. Relists at a new price under a new MLS number are not matched. Prices are asking prices. Source: live MLS feeds compiled by Momentum Research, updated September 24, 2026.

Panama City, FL Price Reductions

Latest price reductions in Panama City

Biggest cuts this week

Communities with the most reductions (30 days)

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