Active Listings
483
⇧ 9.3% vs 442 last year
Data as of September 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32404) currently shows 483 active listings, with 125 pending sales. Homes are averaging 88 days on the market before going under contract.
Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 88 days on market compared to 72 days last year.
The median listing price has fallen 5.8% year-over-year, from $339,700 to $320,000.
Population: 40,969 · Density: 117.1/mi² · Median household income: $66,230
Typical home value: $208,705 · Homeownership: 71.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32404 | Panama City, FL 32404 | 0.0 mi | 486 | $165,406,698 | $317,400 | $340,343 |
| 32405 | Panama City, FL 32405 | 9.4 mi | 200 | $89,602,200 | $341,250 | $448,011 |
| 32466 | Youngstown, FL 32466 | 13.8 mi | 24 | $10,813,896 | $297,450 | $450,579 |
| 32409 | Panama City, FL 32409 | 15.2 mi | 87 | $50,028,741 | $458,750 | $575,043 |
| 32449 | Wewahitchka, FL 32449 | 19.1 mi | 1 | $390,000 | $390,000 | $390,000 |
| 32430 | Clarksville, FL 32430 | 23.2 mi | 3 | $1,318,350 | $439,450 | $439,450 |
| 32413 | Panama City Beach, FL 32413 | 23.9 mi | 780 | $557,146,200 | $516,000 | $714,290 |
| 32424 | Blountstown, FL 32424 | 29.0 mi | 17 | $3,578,857 | $191,725 | $210,521 |
| 32421 | Altha, FL 32421 | 30.1 mi | 14 | $4,924,430 | $279,000 | $351,745 |
| 32462 | Vernon, FL 32462 | 31.7 mi | 8 | $4,288,664 | $479,250 | $536,083 |
| 32461 | Inlet Beach, FL 32461 | 32.3 mi | 488 | $1,482,014,520 | $1,877,500 | $3,036,915 |
| 32427 | Caryville, FL 32427 | 40.0 mi | 3 | $1,158,900 | $379,900 | $386,300 |
| 32455 | Ponce De Leon, FL 32455 | 41.0 mi | 24 | $14,848,968 | $352,000 | $618,707 |
As of September 2026, there are 483 active listings in PANAMA CITY, FL (zip code 32404), compared to 442 the prior year.
The median listing price in PANAMA CITY, FL 32404 is $320,000 as of September 2026, a 5.8% decrease from $339,700 the prior year.
Homes in PANAMA CITY, FL 32404 spend an average of 88 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 September 2026, PANAMA CITY, FL 32404 is currently a Buyer's Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 88 days on market compared to 72 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32404 save an estimated $6,400 compared to a typical 5% commission on the median listing price of $320,000. 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.