Data as of January 2026. Source: Realtor.com.
The Panama City, FL real estate market currently shows 1,537 active listings, with 258 pending sales. Homes are averaging 102 days on the market before going under contract.
Inventory has increased compared to last year, with 109 more homes available — giving buyers more choice.
Homes are selling faster, averaging 102 days on market compared to 104.3 days last year.
The median listing price has fallen 4% year-over-year, from $373,656 to $358,785.
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.
Panama City: 32401, 32402, 32403, 32404, 32405, 32406, 32408, 32409, 32411, 32412, 32417
ZIP coverage: 11 · Population: 118,608 · Median household income: $62,697
Typical home value: $223,667 · Homeownership rate: 68.1%