Panacea, FL
Housing market overview · Updated weekly
$304,500median sale price
Homes sold
2
Last 12 weeks
Days on market
92
Average pace
Active listings
15
7.5 months supply
Sale-to-list
95.8%
Below asking
The Panacea housing market is currently classified as a buyer's market with a median sale price of $304,500. Prices have risen 153.8% compared to last year, with homes spending an average of 92 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Explore nearby cities in FL
Frequently asked questions
What is the average home price in Panacea?
The median home sale price in Panacea is $304,500, up 153.8% from last year.
How long do homes stay on market in Panacea?
Homes typically spend 92 days on market before going under contract.
Is Panacea a buyer's or seller's market?
With 7.5 months of supply, Panacea is currently a buyer's market.
Get Panacea market alerts
Weekly updates on prices, inventory, and trends. Free forever.