Data as of April 2026. Source: Realtor.com.
The PANAMA CITY BEACH, FL real estate market (32407) currently shows 483 active listings, with 77 pending sales. Homes are averaging 83 days on the market before going under contract.
Inventory has tightened compared to last year, with 97 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 83 days on market compared to 91 days last year.
The median listing price has risen 4.1% year-over-year, from $409,250 to $426,000.
Whether you are buying or selling in PANAMA CITY BEACH, 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: 14,710 · Density: 380.8/mi² · Median household income: $75,093
Typical home value: $338,611 · Homeownership: 58.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 32407 | Panama City Beach, FL 32407 | 0.0 mi | 453 | $242,923,968 | $412,875 | $536,256 |
| 32405 | Panama City, FL 32405 | 7.3 mi | 200 | $89,602,200 | $341,250 | $448,011 |
| 32444 | Lynn Haven, FL 32444 | 8.7 mi | 115 | $59,751,125 | $397,475 | $519,575 |
| 32409 | Panama City, FL 32409 | 10.4 mi | 87 | $50,028,741 | $458,750 | $575,043 |
| 32404 | Panama City, FL 32404 | 16.7 mi | 486 | $165,406,698 | $317,400 | $340,343 |
| 32462 | Vernon, FL 32462 | 24.6 mi | 8 | $4,288,664 | $479,250 | $536,083 |
| 32439 | Freeport, FL 32439 | 28.3 mi | 328 | $177,078,672 | $431,650 | $539,874 |
| 32428 | Chipley, FL 32428 | 31.5 mi | 106 | $44,001,660 | $303,900 | $415,110 |
| 32449 | Wewahitchka, FL 32449 | 35.3 mi | 1 | $390,000 | $390,000 | $390,000 |
| 32427 | Caryville, FL 32427 | 35.5 mi | 3 | $1,158,900 | $379,900 | $386,300 |
| 32430 | Clarksville, FL 32430 | 36.9 mi | 3 | $1,318,350 | $439,450 | $439,450 |
| 32420 | Alford, FL 32420 | 38.6 mi | 12 | $6,262,644 | $339,000 | $521,887 |
| 32421 | Altha, FL 32421 | 42.2 mi | 14 | $4,924,430 | $279,000 | $351,745 |
As of April 2026, there are 483 active listings in PANAMA CITY BEACH, FL (zip code 32407), compared to 580 the prior year.
The median listing price in PANAMA CITY BEACH, FL 32407 is $426,000 as of April 2026, a 4.1% increase from $409,250 the prior year.
Homes in PANAMA CITY BEACH, FL 32407 spend an average of 83 days on the market before going under contract, compared to 91 days the prior year.
Based on current inventory and days-on-market data as of April 2026, PANAMA CITY BEACH, FL 32407 is currently a Seller's Market. Inventory has tightened compared to last year, with 97 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 83 days on market compared to 91 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY BEACH, FL 32407 save an estimated $8,520 compared to a typical 5% commission on the median listing price of $426,000. 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.