Data as of March 2026. Source: Realtor.com.
The Panama City, FL real estate market currently shows 1,751 active listings, with 360 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has increased compared to last year, with 137 more homes available — giving buyers more choice.
Homes are selling faster, averaging 72 days on market compared to 76.9 days last year.
The median listing price has fallen 6.8% year-over-year, from $385,518 to $359,456.
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