Panama City, FL - Candlewick Acres, Panama City, FL

Panama City, FL - Candlewick Acres — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Panama City, FL - Candlewick Acres, Panama City, Florida. Explore the cited sources and local facts below while agent underwriting continues.

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Panama City, FL - Candlewick Acres Neighborhood Overview

Candlewick Acres is a residential neighborhood located in Panama City, Florida, within the 32401 ZIP code. This established community offers a suburban feel with convenient access to the amenities of the larger city. Its central location provides residents with a balanced lifestyle near the Gulf Coast.

Lifestyle & Amenities

Residents of Candlewick Acres enjoy a quiet, residential atmosphere with nearby conveniences. The neighborhood is situated close to shopping centers, dining options, and essential services in Panama City. Its proximity to major roads facilitates easy trips to the area's famous beaches and outdoor recreational areas.

Real Estate Market

The real estate market in Candlewick Acres features affordable homeownership opportunities, with a median home value of $172,200. Homes typically spend an average of 59 days on the market, and the price per square foot averages approximately $188.52, reflecting a stable and accessible market for buyers.

Schools & Education

Candlewick Acres is served by the Bay County School District. Families in the neighborhood have access to the district's public schools, though specific school assignments can vary by street. The area is also close to several higher education institutions, including Gulf Coast State College.

Transportation & Connectivity

The neighborhood is well-connected by major thoroughfares like U.S. Highway 231 and State Road 77, facilitating commutes across Panama City. Public transportation options are available through Bay Town Trolley services. Northwest Florida Beaches International Airport is also within a reasonable driving distance for air travel.

Why Choose Panama City, FL - Candlewick Acres

Candlewick Acres is an excellent choice for those seeking an affordable, established community in Panama City. With a median rent of $1,055 and a homeownership rate of 57%, it offers options for both renters and buyers. The combination of suburban tranquility, central location, and coastal proximity makes it a practical and appealing place to live.

Panama City, FL - Candlewick Acres Market Data

MetricValue
Median Home Price$172K
Median Gross Rent$1K/mo
Median Household Income$47K
Homeownership Rate56.7%
Renter-Occupied43.3%
Rental Vacancy Rate3.1%
Market TypeSeller's
Market TierAffordable
Primary ZIP Code32401

Top Real Estate Agents in Panama City, FL - Candlewick Acres, Panama City

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