Active Listings
549
⇧ 19.9% vs 458 last year
Data as of June 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32404) currently shows 549 active listings, with 163 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 91 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 69 days on market compared to 62 days last year.
The median listing price has fallen 6.9% year-over-year, from $342,945 to $319,248.
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: 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 June 2026, there are 549 active listings in PANAMA CITY, FL (zip code 32404), compared to 458 the prior year.
The median listing price in PANAMA CITY, FL 32404 is $319,248 as of June 2026, a 6.9% decrease from $342,945 the prior year.
Homes in PANAMA CITY, FL 32404 spend an average of 69 days on the market before going under contract, compared to 62 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PANAMA CITY, FL 32404 is currently a Buyer's Market. Inventory has increased compared to last year, with 91 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32404 save an estimated $6,385 compared to a typical 5% commission on the median listing price of $319,248. 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.