Panama City, FL - Timber Lake Homes, Panama City, FL

Panama City, FL - Timber Lake Homes — Real Estate & Neighborhood Guide

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

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Panama City, FL - Timber Lake Homes Neighborhood Overview

Timber Lake Homes is a residential neighborhood located in Panama City, Florida, within the 32401 ZIP code. This community offers a suburban living experience within close proximity to the amenities of a larger city. Its central coordinates are approximately 30.1606 latitude and -85.6494 longitude.

Lifestyle & Amenities

Residents enjoy a quiet, residential atmosphere ideal for families and individuals seeking a settled community. The neighborhood's location provides convenient access to Panama City's shopping, dining, and entertainment options. Outdoor enthusiasts appreciate being a short drive from the beautiful Gulf Coast beaches and various local parks.

Real Estate Market

The real estate market in Timber Lake Homes features a median home value of $172,200, with a homeownership rate of 57%. Properties tend to stay on the market for an average of 454 days, and the median monthly rent in the area is $1,055. This data indicates a market that offers relative affordability within the region.

Schools & Education

The neighborhood is served by the Bay County School District, which operates several public schools in the Panama City area. Families have access to a range of educational options for different grade levels. For specific school assignments, prospective residents should consult the district's latest zoning maps.

Transportation & Connectivity

Timber Lake Homes is well-connected by major roadways, facilitating easy commutes and travel throughout Panama City. The neighborhood primarily relies on private vehicle transportation for daily needs. Its central location provides efficient access to healthcare facilities, retail centers, and employment hubs in the region.

Why Choose Panama City, FL - Timber Lake Homes

Timber Lake Homes is an attractive choice for buyers seeking an affordable entry into the Panama City housing market, with a median household income of $46,603. It offers a balance of suburban tranquility and urban convenience. The community represents a value-oriented option for establishing roots in the Florida Panhandle.

Panama City, FL - Timber Lake Homes 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 - Timber Lake Homes, Panama City

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