Active Listings
229
⇩ 1.3% vs 232 last year
Data as of July 2026. Source: Realtor.com.
The PANAMA CITY, FL real estate market (32405) currently shows 229 active listings, with 55 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 77 days on market compared to 67 days last year.
The median listing price has fallen 7.1% year-over-year, from $360,500 to $334,950.
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 July 2026, there are 229 active listings in PANAMA CITY, FL (zip code 32405), compared to 232 the prior year.
The median listing price in PANAMA CITY, FL 32405 is $334,950 as of July 2026, a 7.1% decrease from $360,500 the prior year.
Homes in PANAMA CITY, FL 32405 spend an average of 77 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of July 2026, PANAMA CITY, FL 32405 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 67 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY, FL 32405 save an estimated $6,699 compared to a typical 5% commission on the median listing price of $334,950. 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.