Panama City, FL - Forest Park Estates, Panama City, FL
Panama City, FL - Forest Park Estates — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Panama City, FL - Forest Park Estates, Panama City, Florida. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Panama City, FL - Forest Park Estates Neighborhood Overview
Forest Park Estates is a residential neighborhood located in the heart of Panama City, Florida. It offers a convenient and accessible living environment within the 32401 ZIP code. The community provides a balance of suburban comfort and proximity to the city's core amenities.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and nearby shopping and dining options along major thoroughfares. The neighborhood's central location provides relatively easy access to the broader offerings of Panama City. Daily conveniences are typically just a short drive away for those living in the area.
Real Estate Market
The real estate market in Forest Park Estates features a median home value of $172,200, with a price per square foot around $179.39. Homes spend an average of 123 days on the market, and approximately 57% of residents are homeowners. The median monthly rent in the area is $1,055.
Schools & Education
Families in Forest Park Estates are served by the Bay County School District. Specific school assignments depend on the exact location within the neighborhood. Parents are encouraged to contact the district for the most current zoning and school performance information.
Transportation & Connectivity
The neighborhood is well-connected by a network of local roads, providing straightforward access to downtown Panama City and other key areas. Major routes facilitate commuting and trips to the coast. Personal vehicles are the primary mode of transportation for most residents.
Why Choose Panama City, FL - Forest Park Estates
Forest Park Estates is an attractive option for those seeking an affordable entry into Panama City homeownership, with a median household income of $46,603. It appeals to buyers and renters looking for a practical, centrally located neighborhood. The area offers a straightforward residential base from which to enjoy the wider region.
Panama City, FL - Forest Park Estates 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 Estates, Panama City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Panama City, FL - Forest Park Estates, Panama City, FL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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