Data as of April 2026. Source: Realtor.com.
The Panama City, FL real estate market currently shows 1,818 active listings, with 375 pending sales. Homes are averaging 74.5 days on the market before going under contract.
Inventory has increased compared to last year, with 117 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 74.5 days on market compared to 71.2 days last year.
The median listing price has fallen 5.7% year-over-year, from $387,485 to $365,445.
Whether you are buying or selling in Panama City, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 118,608 · Density: 412.7/mi² · Median household income: $62,697
Typical home value: $223,667 · Homeownership: 68.1%
Panama City: 32401, 32402, 32403, 32406, 32408, 32409, 32411, 32412, 32417
Callaway: 32404
Harrison Place: 32405