Panama City, FL - Green Hills, Panama City, FL
Panama City, FL - Green Hills — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Panama City, FL - Green Hills, Panama City, Florida. Explore the cited sources and local facts below while agent underwriting continues.
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Panama City, FL - Green Hills Neighborhood Overview
Green Hills is a residential neighborhood in Panama City, Florida, offering a quiet, suburban atmosphere within the city's urban core. Centered around the 32401 ZIP code, it provides residents with a convenient location near major thoroughfares and local services. The community is characterized by its established homes and a mix of homeowners and renters.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks, shopping centers, and dining options along nearby 23rd Street. The neighborhood's proximity to downtown Panama City provides easy access to cultural events and the waterfront. Daily needs are met by a variety of nearby grocery stores, pharmacies, and retail outlets.
Real Estate Market
The Green Hills real estate market features a median home value of $172,200, making it an affordable option within the Panama City area. Properties typically sell after an average of 33 days on the market, indicating steady demand. The homeownership rate is 57%, with a median monthly rent of $1,055 for those who prefer leasing.
Schools & Education
Families in Green Hills are served by the Bay County School District. Several public schools are located within a short drive of the neighborhood. The area provides access to the educational resources of a larger city while maintaining a community-focused feel.
Transportation & Connectivity
Green Hills is well-connected by major roads like 23rd Street (State Road 77) and 15th Street, facilitating easy commutes across Panama City. The neighborhood is primarily car-dependent, with most errands requiring a vehicle. Its central location offers relatively quick access to shopping, healthcare, and employment centers.
Why Choose Panama City, FL - Green Hills
Green Hills is an ideal choice for buyers and renters seeking an affordable, centrally located neighborhood in Panama City. With a median household income of $46,603, it offers a cost-effective lifestyle without sacrificing convenience. The blend of stable homeownership, quick market turnover, and proximity to city amenities makes it a practical and appealing community.
Panama City, FL - Green Hills 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 - Green Hills, Panama City
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Panama City, FL - Green Hills, 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 2026-10-13