Panama City, FL - Forest Park East, Panama City, FL
Panama City, FL - Forest Park East — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Panama City, FL - Forest Park East, Panama City, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Panama City, FL - Forest Park East Neighborhood Overview
Forest Park East is a residential neighborhood located in the heart of Panama City, Florida, within the 32401 ZIP code. This established community offers a central location with convenient access to the city's major amenities and employment centers. The area provides a classic suburban feel with a mix of housing styles and mature landscaping.
Lifestyle & Amenities
Residents enjoy proximity to everyday conveniences, including shopping centers, grocery stores, and a variety of dining options along nearby 23rd Street. The neighborhood's central position allows for quick trips to downtown Panama City, medical facilities, and entertainment venues. While specific parks are not detailed, the area's location provides general access to the region's recreational offerings.
Real Estate Market
The real estate market in Forest Park East is characterized by affordability and high demand. The median home value is $172,200, with a price per square foot around $173, and homes sell quickly, averaging just 15 days on market. A majority of residents are homeowners, with a homeownership rate of 57%, while the median monthly rent is approximately $1,055.
Schools & Education
Families in Forest Park East are served by the Bay County School District. The neighborhood is zoned for various public schools, though specific school names and ratings are not provided in the available data. The central location may also provide access to private educational institutions within Panama City.
Transportation & Connectivity
The neighborhood is well-connected by major arterial roads like 23rd Street (State Road 390) and 15th Street, facilitating easy car travel across the city. Public transportation options are available through Bay Town Trolley services. The area is also conveniently situated for access to Northwest Florida Beaches International Airport and Tyndall Air Force Base.
Why Choose Panama City, FL - Forest Park East
Forest Park East is an ideal choice for buyers and renters seeking an affordable, centrally-located community in Panama City. The strong homeowner presence and fast-moving market indicate a stable and desirable neighborhood. Its balance of suburban living with urban convenience makes it a practical and attractive place to call home.
Panama City, FL - Forest Park East Market Data
| Metric | Value |
|---|---|
| Median Home Price | $172K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $47K |
| Homeownership Rate | 56.7% |
| Renter-Occupied | 43.3% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 32401 |
Top Real Estate Agents in Panama City, FL - Forest Park East, Panama City
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Panama City, FL - Forest Park East, Panama City, FL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Florida Department of Business & Professional Regulation (DBPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12