Data as of June 2026. Source: Realtor.com.
The Panama City, FL real estate market currently shows 1,921 active listings, with 397 pending sales. Homes are averaging 79.9 days on the market before going under contract.
Inventory has increased compared to last year, with 63 more homes available — giving buyers more choice.
Homes are selling faster, averaging 79.9 days on market compared to 80.3 days last year.
The median listing price has fallen 5.8% year-over-year, from $389,589 to $366,951.
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, 32403, 32406, 32408, 32409, 32411, 32412, 32417
Callaway: 32404