In October 2026, the median home sale price in Panama City (32404), FL was $124,995, with homes selling in an average of 44 days — faster than the 62-day average last year, indicating stronger demand. A total of 9 homes sold in this period, up from 3 last year — a sign of an active market.
The median list price of Panama City (32404), FL, was $120,000 in October 2026, compared to $120,000 in October 2025.
Panama City (32404), FL Market Trend for Houses
Median List Price
The median list price of houses in Panama City (32404), FL, was $262,000 in October 2026, compared to $380,000 in October 2025.
Panama City (32404), FL Market Trend for Condos / Townhouses / Penthouses
Median List Price
The median list price of condos/co-ops in Panama City (32404), FL, was $0 in October 2026, compared to $0 in October 2025.
Panama City (32404), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Panama City (32404), FL, was $99,950 in October 2026, compared to $92,000 in October 2025.
Panama City (32404), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Panama City (32404), FL, was $0 in October 2026, compared to $0 in October 2025.
Panama City (32404), FL Housing Market Analysis
There are currently 9 homes listed for sale in Panama City (32404), FL, an increase of 28.57% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $2,548,156 (up 774.37% year-over-year), and the average price per square foot is $158 compared to $164 in 2025. Properties spend an average of 324 days on the market before going under contract.
