Active Listings
190
⇩ 2.6% vs 195 last year
Data as of September 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32401) currently shows 190 active listings, with 33 pending sales. Homes are averaging 88 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 88 days on market compared to 94 days last year.
The median listing price has fallen 7.6% year-over-year, from $270,000 to $249,350.
Population: 18,120 · Density: 559.9/mi² · Median household income: $46,603
Typical home value: $172,407 · Homeownership: 56.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32401 | Panama City, FL 32401 | 0.0 mi | 169 | $50,573,419 | $259,225 | $299,251 |
| 32408 | Panama City, FL 32408 | 4.8 mi | 756 | $409,590,216 | $399,925 | $541,786 |
| 32407 | Panama City Beach, FL 32407 | 8.0 mi | 453 | $242,923,968 | $412,875 | $536,256 |
| 32409 | Panama City, FL 32409 | 13.2 mi | 87 | $50,028,741 | $458,750 | $575,043 |
| 32466 | Youngstown, FL 32466 | 20.9 mi | 24 | $10,813,896 | $297,450 | $450,579 |
| 32449 | Wewahitchka, FL 32449 | 29.4 mi | 1 | $390,000 | $390,000 | $390,000 |
| 32456 | Port Saint Joe, FL 32456 | 29.7 mi | 461 | $453,570,524 | $681,350 | $983,884 |
| 32465 | Wewahitchka, FL 32465 | 30.8 mi | 36 | $10,399,536 | $249,900 | $288,876 |
| 32428 | Chipley, FL 32428 | 33.3 mi | 106 | $44,001,660 | $303,900 | $415,110 |
| 32439 | Freeport, FL 32439 | 36.1 mi | 328 | $177,078,672 | $431,650 | $539,874 |
| 32455 | Ponce De Leon, FL 32455 | 38.2 mi | 24 | $14,848,968 | $352,000 | $618,707 |
| 32424 | Blountstown, FL 32424 | 39.1 mi | 17 | $3,578,857 | $191,725 | $210,521 |
| 32321 | Bristol, FL 32321 | 41.7 mi | 16 | $4,361,008 | $272,249 | $272,563 |
As of September 2026, there are 190 active listings in PANAMA CITY, FL (zip code 32401), compared to 195 the prior year.
The median listing price in PANAMA CITY, FL 32401 is $249,350 as of September 2026, a 7.6% decrease from $270,000 the prior year.
Homes in PANAMA CITY, FL 32401 spend an average of 88 days on the market before going under contract, compared to 94 days the prior year.
Based on current inventory and days-on-market data as of September 2026, PANAMA CITY, FL 32401 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 88 days on market compared to 94 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32401 save an estimated $4,987 compared to a typical 5% commission on the median listing price of $249,350. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.