Appreciation Velocity — Panama City, FL
Home-price appreciation in Panama City, FL plus ZIPs within the city ranked by 1Y growth.
Public Record
Panama City · 1Y appreciation
+3.5%
Panama City · 3Y appreciation
-10.5%
Panama City · 5Y appreciation
+57.0%
Panama City · 10Y appreciation
+44.6%
Top 10 — 3Y appreciation (Zips)
#1 · ZIP 32428
+87.1%
#2 · ZIP 32444
+16.6%
#3 · ZIP 32401
+3.6%
#4 · ZIP 32408
-3.6%
#5 · ZIP 32405
-16.5%
#6 · ZIP 32413
-47.5%
#7 · ZIP 32407
-64.8%
Zip ranking — 3Y appreciation (highest first)
| # | Zip | State | 1Y | 3Y | 5Y | 10Y | Current median |
|---|---|---|---|---|---|---|---|
| 1 | ZIP 32428 | FL | +16.0% | +87.1% | +115.9% | +80.4% | $197.5K |
| 2 | ZIP 32444 | FL | +0.5% | +16.6% | +89.6% | +75.7% | $423K |
| 3 | ZIP 32401 | FL | -2.9% | +3.6% | +55.5% | +63.2% | $270.9K |
| 4 | ZIP 32408 | FL | -3.4% | -3.6% | +20.1% | +128.7% | $515.7K |
| 5 | ZIP 32405 | FL | -17.6% | -16.5% | +66.4% | +107.7% | $329.9K |
| 6 | ZIP 32413 | FL | -36.9% | -47.5% | +18.8% | +116.9% | $492K |
| 7 | ZIP 32407 | FL | -8.4% | -64.8% | +16.6% | +65.3% | $411.8K |
How to read these numbers
Velocity vs. level
A market with 25% one-year appreciation is moving fast — but a market with steady 6% over ten years has compounded much further. Use 10Y as the long-run signal, 1Y as the momentum signal.
Mean-reversion risk
Markets that posted huge 1Y and 3Y gains often cool over the next cycle. Compare 1Y to 5Y: if 1Y is far above 5Y, the trend is accelerating; if far below, it is decelerating — often the more important signal.
Sample sanity
We require a minimum current median price (default $50K) to filter out tiny ZIPs with noisy data. Raise that threshold for serious investment markets; lower it to find emerging niches. Source: public record.