How many homes in Panama City have reduced their price?

117 listings cut their asking price in the last 7 days and 336 in the last 30, about 32% of the 875 homes currently for sale.

What is the typical price cut in Panama City?

The median reduction over the last 30 days is 2.8%, or about $10,000.

Which Panama City communities have the most price reductions?

Parkbrook (26), Liberty (21), Sweetbay (15), Titus Park (12), College Station (10), Shores Of Panama (10).

Panama City, FL Price Reductions

By Jon Brooks, Co-Founder, Momentum Realty · Updated November 3, 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.

117 homes for sale in Panama City, FL cut their asking price in the last 7 days and 336 in the last 30, out of 875 active listings (32% reduced at least once this month). The median reduction is 2.8% ($10,000). The largest cut this week was $120,000 on 7308 S Lagoon Drive, Panama City, Fl 32408 in Holiday Beach ($1,645,000 → $1,525,000).

Latest price reductions in Panama City

Listing	Community	Was	Now	Cut	DOM
7308 S Lagoon Drive, Panama City, Fl 32408 Nov 3 · 3 bd · 3 ba	Holiday Beach	$1,645,000	$1,525,000	−7.3%	68
4320 Windsong Circle, Panama City, Fl 32404 Nov 3 · 4 bd · 3 ba	College Station	$365,380	$337,200	−7.7%	7
12844 Lake Merial Strand Drive 19, Panama City, Fl 32409 Nov 3 · 4 bd · 3 ba	Lake Merial	$576,990	$549,201	−4.8%	40
12846 Lake Merial Strand Drive 18, Panama City, Fl 32409 Nov 3 · 4 bd · 3 ba	Lake Merial	$574,990	$547,529	−4.8%	41
213 Lake Merial Boulevard, Panama City, Fl 32409 Nov 3 · 4 bd · 3 ba	Lake Merial	$510,990	$484,025	−5.3%	41
229 Lake Merial Boulevard 52, Panama City, Fl 32409 Nov 3 · 4 bd · 3 ba	Lake Merial	$528,990	$504,013	−4.7%	165
211 Lake Merial Boulevard, Panama City, Fl 32409 Nov 3 · 3 bd · 2 ba	Lake Merial	$479,990	$455,025	−5.2%	41
4328 Windsong Circle, Panama City, Fl 32404 Nov 3 · 3 bd · 2 ba	College Station	$340,200	$315,480	−7.3%	6
3620 Basal Street, Panama City, Fl 32404 Nov 3 · 3 bd · 2 ba	College Station	$336,635	$321,635	−4.5%	154
3640 Basal Street, Panama City, Fl 32404 Nov 3 · 3 bd · 2 ba	College Station	$347,370	$332,370	−4.3%	163
3644 Basal Street, Panama City, Fl 32404 Nov 3 · 3 bd · 2 ba	College Station	$337,935	$322,935	−4.4%	139
3624 Basal Street, Panama City, Fl 32404 Nov 3 · 4 bd · 3 ba	College Station	$355,050	$340,050	−4.2%	80
3628 Basal Street, Panama City, Fl 32404 Nov 3 · 3 bd · 2 ba	College Station	$343,290	$328,290	−4.4%	207
3140 Douglas Road, Panama City, Fl 32405 Nov 3 · 3 bd · 2 ba	Douglas Road	$340,000	$325,000	−4.4%	154
4806 High Point Drive, Panama City, Fl 32404 Nov 3 · 5 bd · 3 ba	Highpoint	$479,000	$465,000	−2.9%	18
3101 W 22Nd Street, Panama City, Fl 32405 Nov 3 · 3 bd · 2 ba	Sherwood	$185,000	$175,000	−5.4%	21
7308 S Lagoon Drive, Panama City, Fl 32408 Nov 3 · 3 bd · 3 ba	Holiday Beach	$960,000	$950,000	−1.0%	66
6224 Seminole Drive, Panama City, Fl 32404 Nov 3 · 4 bd · 2 ba	Imperial Oaks U	$449,900	$439,900	−2.2%	43
3021 Altha Avenue, Panama City, Fl 32405 Nov 3 · 2 bd · 2 ba	Highland City	$144,900	$139,900	−3.5%	6
4087 Woodridge Place, Panama City, Fl 32405 Nov 3 · 3 bd · 2 ba	Woodridge	$245,000	$240,000	−2.0%	108
308 Cascade Street, Panama City, Fl 32405 Nov 3 · 4 bd · 3 ba	Forest Park Estates	$645,000	$640,000	−0.8%	209
2417 Rushes Avenue, Panama City, Fl 32405 Nov 3 · 3 bd · 2 ba	Sweetbay	$439,900	$434,900	−1.1%	32
7008 Sunset Avenue, Panama City, Fl 32408 Nov 3 · 3 bd · 2 ba	Holiday Beach	$375,900	$375,000	−0.2%	140
6059 E Hwy 98 Bus, Panama City, Fl 32404 Nov 3 · 3 bd · 3 ba	Sunbay Townhouses	$230,000	$229,900	−0.0%	77
505 Beulah Avenue, Panama City, Fl 32404 Nov 2 · 4 bd · 4 ba	Callaway	$825,000	$799,000	−3.2%	32
1025 W 19Th Street 14D, Panama City, Fl 32405 Nov 2 · 3 bd · 2 ba	Delwood Estates	$220,000	$210,000	−4.5%	27
112 Merrion Road, Panama City, Fl 32409 Nov 2 · 4 bd · 2 ba	Fanning Bayou	$305,000	$295,000	−3.3%	74
2418 Causeway Manor Court, Panama City, Fl 32408 Nov 2 · 3 bd · 3 ba	Causeway Manor	$305,000	$298,000	−2.3%	264
3946 W 21St Place, Panama City, Fl 32405 Nov 2 · 3 bd · 2 ba	College Village	$305,000	$298,000	−2.3%	215
1003 W 10Th Court, Panama City, Fl 32401 Nov 2 · 4 bd · 3 ba	Bayside	$429,900	$427,500	−0.6%	39
7115 Thomas Drive 502, Panama City, Fl 32408 Nov 1 · 3 bd · 3 ba	Hidden Dunes Condo	$1,095,000	$998,000	−8.9%	141
5218 Beach Drive, Panama City, Fl 32408 Nov 1 · 5 bd · 6 ba	Biltmore Beach	$750,000	$725,000	−3.3%	233
9900 S Thomas Drive 1911, Panama City, Fl 32408 Nov 1 · 2 bd · 2 ba	Shores Of Panama	$355,000	$340,000	−4.2%	30
917 Plantation Drive, Panama City, Fl 32404 Nov 1 · 4 bd · 2 ba	Plantation Heights	$320,000	$310,000	−3.1%	29
4825 Meadow Street, Panama City, Fl 32404 Nov 1 · 4 bd · 2 ba	Lakeview Heights	$210,000	$200,000	−4.8%	14
4728 Firefly Lane, Panama City, Fl 32404 Nov 1 · 5 bd · 3 ba	Titus Park	$405,000	$398,000	−1.7%	31
802 E 2Nd Street, Panama City, Fl 32401 Nov 1 · 4 bd · 1 ba	Bunkers Cove	$290,000	$285,000	−1.7%	43
4720 Firefly Lane, Panama City, Fl 32404 Nov 1 · 4 bd · 2 ba	Titus Park	$334,000	$329,000	−1.5%	110
706 School Avenue, Panama City, Fl 32401 Nov 1 · 3 bd · 2 ba	Springfield	$223,000	$218,950	−1.8%	190
815 E 12Th Court, Panama City, Fl 32401 Nov 1 · 3 bd · 2 ba	Dixie Heights	$248,500	$245,000	−1.4%	241
6538 Haskins Drive, Panama City, Fl 32404 Oct 31 · 5 bd · 3 ba	Liberty	$569,600	$509,900	−10.5%	36
4916 Rosemary Street, Panama City, Fl 32404 Oct 31 · 4 bd · 3 ba	Titus Park	$339,900	$299,900	−11.8%	128
220 Lakeridge Drive, Panama City, Fl 32405 Oct 31 · 3 bd · 2 ba	Lake Marin	$414,999	$375,000	−9.6%	125
926 Tidewater Lane, Panama City, Fl 32404 Oct 31 · 4 bd · 3 ba	Laird Point	$419,000	$405,000	−3.3%	47
112 N Gayle Avenue, Panama City, Fl 32401 Oct 31 · 4 bd · 2 ba	Cove Terrace	$420,000	$410,000	−2.4%	70
4962 Prater Road, Panama City, Fl 32404 Oct 31 · 4 bd · 3 ba	Liberty	$429,000	$419,000	−2.3%	81
7129 William Pitsenbarger Road, Panama City, Fl 32404 Oct 31 · 4 bd · 2 ba	Liberty	$299,900	$289,900	−3.3%	7
7137 William Pitsenbarger Road, Panama City, Fl 32404 Oct 31 · 4 bd · 2 ba	Liberty	$289,900	$279,900	−3.4%	7
7043 Merlyn Dethlefsen Road, Panama City, Fl 32404 Oct 31 · 4 bd · 2 ba	Liberty	$279,900	$269,900	−3.6%	32
1210 W 10Th Street, Panama City, Fl 32401 Oct 31 · 4 bd · 2 ba	Bayside	$434,900	$424,900	−2.3%	89
4021 Oak Forest Drive, Panama City, Fl 32404 Oct 31 · 3 bd · 2 ba	Riverside	$325,000	$315,000	−3.1%	8
2805 Airport Road, Panama City, Fl 32405 Oct 31 · 3 bd · 2 ba	St And Bay Co	$279,000	$271,000	−2.9%	61
6505 Thomas Drive 1009, Panama City, Fl 32408 Oct 31 · 2 bd · 2 ba	Summerhouse Of P.C.	$385,000	$379,000	−1.6%	276
6445 Oakshore Drive, Panama City, Fl 32404 Oct 31 · 2 bd · 3 ba	Oakshore Villas Townhouses	$295,000	$289,000	−2.0%	68
132 Central Avenue, Panama City, Fl 32401 Oct 31 · 3 bd · 2 ba	Mooretown	$67,500	$62,000	−8.1%	108
3540 Cedar Park Lane, Panama City, Fl 32404 Oct 31 · 4 bd · 2 ba	Cedar Park	$430,000	$425,000	−1.2%	49
1224 S Berthe Avenue, Panama City, Fl 32404 Oct 31 · 5 bd · 3 ba	East Bay Park	$299,999	$294,999	−1.7%	40
192 Allie Way, Panama City, Fl 32404 Oct 31 · 5 bd · 3 ba	Bridge Harbor	$390,000	$385,000	−1.3%	91
2318 Oakwood Street, Panama City, Fl 32408 Oct 31 · 3 bd · 2 ba	Treasure Cove	$318,000	$315,000	−0.9%	132
5528 Mars Hill Lane, Panama City, Fl 32404 Oct 31 · 5 bd · 4 ba	Mars Hill	$513,000	$510,000	−0.6%	85

Biggest cuts this week

Listing	Community	Was	Now	Cut	DOM
7308 S Lagoon Drive, Panama City, Fl 32408 Nov 3 · 3 bd · 3 ba	Holiday Beach	$1,645,000	$1,525,000	−7.3%	68
8120 S Lagoon Drive, Panama City, Fl 32408 Oct 29 · 5 bd · 4 ba	Silver Sands	$1,299,123	$1,200,000	−7.6%	188
7115 Thomas Drive 502, Panama City, Fl 32408 Nov 1 · 3 bd · 3 ba	Hidden Dunes Condo	$1,095,000	$998,000	−8.9%	141
6538 Haskins Drive, Panama City, Fl 32404 Oct 31 · 5 bd · 3 ba	Liberty	$569,600	$509,900	−10.5%	36
4115 Holiday Drive, Panama City, Fl 32408 Oct 29 · 4 bd · 4 ba	bay county	$1,299,000	$1,259,000	−3.1%	17
4916 Rosemary Street, Panama City, Fl 32404 Oct 31 · 4 bd · 3 ba	Titus Park	$339,900	$299,900	−11.8%	128
220 Lakeridge Drive, Panama City, Fl 32405 Oct 31 · 3 bd · 2 ba	Lake Marin	$414,999	$375,000	−9.6%	125
7041 William Pitsenbarger Road, Panama City, Fl 32404 Oct 29 · 3 bd · 2 ba	Liberty	$314,900	$279,900	−11.1%	23
1445 Tulip Court Lot 729 - Santa Rosa Plan, Panama City, Fl 32405 Oct 29 · 4 bd · 4 ba	Sweetbay	$756,189	$726,189	−4.0%	210
4320 Windsong Circle, Panama City, Fl 32404 Nov 3 · 4 bd · 3 ba	College Station	$365,380	$337,200	−7.7%	7

Communities with the most reductions (30 days)

Community	City	Reductions	Median cut
Parkbrook	Panama City	26	−7.8%
Liberty	Panama City	21	−3.5%
Sweetbay	Panama City	15	−1.1%
Titus Park	Panama City	12	−2.6%
College Station	Panama City	10	−4.3%
Shores Of Panama	Panama City	10	−3.9%
Holiday Beach	Panama City	8	−1.0%
Bridge Harbor	Panama City	8	−1.4%
Laketown Wharf	Panama City	7	−5.9%
Hodges Bayou Plantation	Panama City	7	−2.4%
Venetian Villa	Panama City	6	−2.5%
Lake Merial	Panama City	6	−4.8%
Highland City	Panama City	5	−3.4%
bay county	Panama City	5	−2.1%
Bayside	Panama City	5	−0.8%

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 November 3, 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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