Panacea, FL housing market
The typical Panacea home is worth about $395,000, up 1.2% in a year, 5% above the Florida typical home.
Home values, sales, trends and how Panacea compares with the towns next door — updated as new data is published.
Panacea at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Panacea | Florida |
|---|---|---|
| 2017 | $189,000 | $209,000 |
| 2018 | $205,000 | $226,000 |
| 2019 | $223,000 | $242,000 |
| 2020 | $234,000 | $253,000 |
| 2021 | $269,000 | $276,000 |
| 2022 | $331,000 | $340,000 |
| 2023 | $358,000 | $392,000 |
| 2024 | $393,000 | $402,000 |
| 2025 | $403,000 | $397,000 |
| 2026 | $386,000 | $377,000 |
| August 2026 | $395,000 | $376,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,510
HUD's Fair Market Rent for a two-bedroom in Panacea is $1,510 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Panacea pay a median of $959, so moving in tends to cost more than staying put.
Studio $1,240 · 4 bedrooms $2,090
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (32346; Wakulla County, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.