Active Listings
500
⇧ 29.2% vs 387 last year
Data as of March 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32404) currently shows 500 active listings, with 154 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has increased compared to last year, with 113 more homes available — giving buyers more choice.
Homes are selling faster, averaging 51 days on market compared to 68 days last year.
The median listing price has fallen 9.1% year-over-year, from $340,895 to $309,967.
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 March 2026, there are 500 active listings in PANAMA CITY, FL (zip code 32404), compared to 387 the prior year.
The median listing price in PANAMA CITY, FL 32404 is $309,967 as of March 2026, a 9.1% decrease from $340,895 the prior year.
Homes in PANAMA CITY, FL 32404 spend an average of 51 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of March 2026, PANAMA CITY, FL 32404 is currently a Balanced Market. Inventory has increased compared to last year, with 113 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32404 save an estimated $6,199 compared to a typical 5% commission on the median listing price of $309,967. 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.