Why Live in Panama Park
Panama Park in Jacksonville, Florida, is a diverse neighborhood located along the Trout and St. Johns Rivers, featuring a mix of vintage homes from the early 1900s, including brick bungalows and ranch styles. The area is five miles from downtown Jacksonville and 20 miles from the Atlantic coast, offering convenient access to both city and beach amenities. The community is known for its vibrant atmosphere, with long-term residents and newcomers alike. Local amenities include a pharmacy, discount retailers, Harveys Supermarket, and various corner stores, with more extensive shopping options available at the nearby River City Marketplace and Gateway Town Center. Dining options feature community favorites like Austin's Soul Food Restaurant and Joseph's Pizza, a local staple for over 60 years.
Panama Park offers numerous things to do, such as fishing and boating on the rivers and enjoying the Main Street Bridge public pier. The neighborhood park provides sports fields, tennis and basketball courts, play areas, and a walking track. The Jacksonville Zoo and Gardens, accessible by bike, is a popular destination for families. The area is served by Stanton College Preparatory School, a highly rated institution. The Jacksonville Sherriff’s Office actively engages the community through Crime Prevention Walks and the Sherriff’s Watch program. Flooding and high winds from hurricanes are occasional concerns, particularly for homes near the coast.
Home Trends in Panama Park, FL
On average, homes in Panama Park, Jacksonville sell after 60 days on the market compared to the national average of 70 days. The median sale price for homes in Panama Park, Jacksonville over the last 12 months is $319,990, down 23% from the median home sale price over the previous 12 months.
Median Sale Price
$319,990
Median Single Family Sale Price
$347,990
Median Townhouse Sale Price
$319,990
Average Price Per Sq Ft
$202
Number of Homes for Sale
2
Last 12 months Home Sales
58
Median List Price
$319,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-23%