Active Listings
247
⇧ 10.3% vs 224 last year
Data as of June 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32405) currently shows 247 active listings, with 50 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.
Homes are selling faster, averaging 59 days on market compared to 62 days last year.
The median listing price has fallen 2.6% year-over-year, from $375,000 to $365,248.
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: 29,661 · Density: 609.9/mi² · Median household income: $68,070
Typical home value: $233,426 · Homeownership: 62.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32405 | Panama City, FL 32405 | 0.0 mi | 200 | $89,602,200 | $341,250 | $448,011 |
| 32401 | Panama City, FL 32401 | 3.8 mi | 169 | $50,573,419 | $259,225 | $299,251 |
| 32407 | Panama City Beach, FL 32407 | 7.3 mi | 453 | $242,923,968 | $412,875 | $536,256 |
| 32409 | Panama City, FL 32409 | 9.5 mi | 87 | $50,028,741 | $458,750 | $575,043 |
| 32466 | Youngstown, FL 32466 | 17.7 mi | 24 | $10,813,896 | $297,450 | $450,579 |
| 32438 | Fountain, FL 32438 | 26.3 mi | 7 | $2,432,500 | $350,000 | $347,500 |
| 32449 | Wewahitchka, FL 32449 | 28.1 mi | 1 | $390,000 | $390,000 | $390,000 |
| 32430 | Clarksville, FL 32430 | 30.4 mi | 3 | $1,318,350 | $439,450 | $439,450 |
| 32456 | Port Saint Joe, FL 32456 | 32.2 mi | 461 | $453,570,524 | $681,350 | $983,884 |
| 32439 | Freeport, FL 32439 | 34.0 mi | 328 | $177,078,672 | $431,650 | $539,874 |
| 32455 | Ponce De Leon, FL 32455 | 35.0 mi | 24 | $14,848,968 | $352,000 | $618,707 |
| 32427 | Caryville, FL 32427 | 36.4 mi | 3 | $1,158,900 | $379,900 | $386,300 |
| 32321 | Bristol, FL 32321 | 40.8 mi | 16 | $4,361,008 | $272,249 | $272,563 |
As of June 2026, there are 247 active listings in PANAMA CITY, FL (zip code 32405), compared to 224 the prior year.
The median listing price in PANAMA CITY, FL 32405 is $365,248 as of June 2026, a 2.6% decrease from $375,000 the prior year.
Homes in PANAMA CITY, FL 32405 spend an average of 59 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 32405 is currently a Balanced Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are selling faster, averaging 59 days on market compared to 62 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32405 save an estimated $7,305 compared to a typical 5% commission on the median listing price of $365,248. 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.