Data as of June 2026. Source: Realtor.com.
The PANAMA CITY BEACH, FL real estate market (32407) currently shows 492 active listings, with 92 pending sales. Homes are averaging 92 days on the market before going under contract.
Inventory has tightened compared to last year, with 136 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 92 days on market compared to 93 days last year.
The median listing price has risen 1.7% year-over-year, from $419,950 to $427,000.
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 June 2026, there are 492 active listings in PANAMA CITY BEACH, FL (zip code 32407), compared to 628 the prior year.
The median listing price in PANAMA CITY BEACH, FL 32407 is $427,000 as of June 2026, a 1.7% increase from $419,950 the prior year.
Homes in PANAMA CITY BEACH, FL 32407 spend an average of 92 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of June 2026, PANAMA CITY BEACH, FL 32407 is currently a Seller's Market. Inventory has tightened compared to last year, with 136 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 92 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in PANAMA CITY BEACH, FL 32407 save an estimated $8,540 compared to a typical 5% commission on the median listing price of $427,000. 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.