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Median sale price
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ZIP 32404 in Panama City, FL: housing market trends

The median home sale price in ZIP 32404 in Panama City, FL was $298,835 for the three-month period ending September 2026. Sale prices were 10.0% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$298,835
three-month period ending September 2026
Median sale price per sq ft
$174.99
three-month period ending September 2026
Active listings
794
three-month period ending September 2026
Typical monthly rent
$1,837
Rent index · August 2026

How is housing inventory changing?

There were 794 active listings for the three-month period ending September 2026. Active listings were 16.8% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 87 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 32404 in Panama City, FL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$298,835$174.99306
Single-familySeptember 2026$301,424$175.26290
TownhousesSeptember 2026$200,000$147.9213
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable
Multifamily (2–4 units)September 2026$350,000$183.173 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 32404 in Panama City, FL
MarketMedian sale priceReporting period / source
Callaway, FL$280,8663 months ending September 2026 · Redfin
Panama City, FL$275,000Month ending July 2026 · Zillow
Springfield, FL$259,8763 months ending September 2026 · Redfin
Parker, FL$258,8773 months ending September 2026 · Redfin
Lynn Haven, FL$328,8433 months ending September 2026 · Redfin
Southport, FLUnavailableMonth ending unavailable date · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 32404 in Panama City, FL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$298,835$174.99794
August 2026$295,000$177.15838
July 2026$299,900$179.25856
June 2026$295,000$178.86874
May 2026$298,450$179.18843
April 2026$297,000$179.76831
March 2026$296,495$180.21804
February 2026$299,900$179.05761
January 2026$304,935$178.53692
December 2025$299,990$177.82620
November 2025$314,052$182.60653
October 2025$320,000$182.83678
September 2025$331,900$182.62680
August 2025$330,000$179.92696
July 2025$330,000$179.89715
June 2025$325,100$178.96729
May 2025$315,950$177.41680
April 2025$310,000$177.16650
March 2025$310,000$177.71607
February 2025$313,500$177.14590
January 2025$306,500$176.76541
December 2024$299,000$176.76569
November 2024$297,975$178.79592
October 2024$289,450$180.36616

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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