Active Listings
191
⇧ 7.9% vs 177 last year
Data as of July 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32401) currently shows 191 active listings, with 34 pending sales. Homes are averaging 79 days on the market before going under contract.
Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 79 days on market compared to 72 days last year.
The median listing price has fallen 10.2% year-over-year, from $278,200 to $249,900.
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: 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 July 2026, there are 191 active listings in PANAMA CITY, FL (zip code 32401), compared to 177 the prior year.
The median listing price in PANAMA CITY, FL 32401 is $249,900 as of July 2026, a 10.2% decrease from $278,200 the prior year.
Homes in PANAMA CITY, FL 32401 spend an average of 79 days on the market before going under contract, compared to 72 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PANAMA CITY, FL 32401 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 79 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32401 save an estimated $4,998 compared to a typical 5% commission on the median listing price of $249,900. 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.