In August 2026, the median home sale price in Panama City (32401), FL was $79,975, with homes selling in an average of 65 days — slower than the 23-day average last year, suggesting buyers have more negotiating room. A total of 2 homes sold in this period, down from 3 last year.
The median list price of Panama City (32401), FL, was $86,000 in August 2026, compared to $72,000 in August 2025.
Panama City (32401), FL Market Trend for Houses
Median List Price
The median list price of houses in Panama City (32401), FL, was $257,000 in August 2026, compared to $245,000 in August 2025.
Panama City (32401), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Panama City (32401), FL, was $0 in August 2026, compared to $0 in August 2025.
Panama City (32401), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Panama City (32401), FL, was $49,000 in August 2026, compared to $58,000 in August 2025.
Panama City (32401), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Panama City (32401), FL, was $4,823,875 in August 2026, compared to $0 in August 2025.
Panama City (32401), FL Housing Market Analysis
There are currently 11 homes listed for sale in Panama City (32401), FL, an increase of 83.33% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $970,059 (up 728.05% year-over-year), and the average price per square foot is $190 compared to $218 in 2025. Properties spend an average of 420 days on the market before going under contract.
