In October 2026, the median home sale price in Panama City (32401), FL was $74,950, with homes selling in an average of 28 days — faster than the 43-day average last year, indicating stronger demand. A total of 1 homes sold in this period, down from 4 last year.
The median list price of Panama City (32401), FL, was $225,000 in October 2026, compared to $72,000 in October 2025.
Panama City (32401), FL Market Trend for Houses
Median List Price
The median list price of houses in Panama City (32401), FL, was $448,500 in October 2026, compared to $245,000 in October 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 October 2026, compared to $0 in October 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 $72,000 in October 2026, compared to $58,000 in October 2025.
Panama City (32401), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Panama City (32401), FL, was $6,243,750 in October 2026, compared to $0 in October 2025.
Panama City (32401), FL Housing Market Analysis
There are currently 9 homes listed for sale in Panama City (32401), FL, an increase of 50.00% 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 $877,617 (up 649.14% year-over-year), and the average price per square foot is $218 compared to $218 in 2025. Properties spend an average of 509 days on the market before going under contract.
