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ZIP 32407 in Panama City Beach, FL: housing market trends

The median home sale price in ZIP 32407 in Panama City Beach, FL was $364,893 for the three-month period ending September 2026. Sale prices were 1.4% higher 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
$364,893
three-month period ending September 2026
Median sale price per sq ft
$233.74
three-month period ending September 2026
Active listings
588
three-month period ending September 2026
Typical monthly rent
$1,708
Rent index · August 2026

How is housing inventory changing?

There were 588 active listings for the three-month period ending September 2026. Active listings were 12.5% lower 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 77 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 32407 in Panama City Beach, FL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$364,893$233.74179
Single-familySeptember 2026$449,887$234.1494
TownhousesSeptember 2026$295,000$228.2346
Condos / co-opsSeptember 2026$334,990$265.9641
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

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 32407 in Panama City Beach, FL
MarketMedian sale priceReporting period / source
Panama City Beach, FL$425,000Month ending July 2026 · Zillow
Lynn Haven, FL$328,8433 months ending September 2026 · Redfin
Southport, FLUnavailableMonth ending unavailable date · Zillow
Springfield, FL$259,8763 months ending September 2026 · Redfin
Parker, FL$258,8773 months ending September 2026 · Redfin
Callaway, FL$280,8663 months ending September 2026 · Redfin

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 32407 in Panama City Beach, FL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$364,893$233.74588
August 2026$362,500$234.37596
July 2026$368,500$234.29604
June 2026$370,000$237.30594
May 2026$365,000$235.04606
April 2026$357,000$233.61588
March 2026$353,407$231.48571
February 2026$380,000$231.49585
January 2026$390,988$234.55568
December 2025$394,900$232.55585
November 2025$355,000$229.32603
October 2025$341,500$227.99646
September 2025$360,000$236.08672
August 2025$367,783$237.29677
July 2025$405,000$236.40695
June 2025$400,000$231.33714
May 2025$415,000$227.82693
April 2025$405,000$226.26651
March 2025$412,450$227.99618
February 2025$399,900$228.12588
January 2025$399,900$243.24635
December 2024$402,900$247.57652
November 2024$397,950$251.49676
October 2024$409,000$253.13671

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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