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ZIP 32408 in Panama City Beach, FL: housing market trends

The median home sale price in ZIP 32408 in Panama City Beach, FL was $409,880 for the three-month period ending September 2026. Sale prices were 2.5% 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
$409,880
three-month period ending September 2026
Median sale price per sq ft
$309.28
three-month period ending September 2026
Active listings
1,003
three-month period ending September 2026
Typical monthly rent
$1,820
Rent index · August 2026

How is housing inventory changing?

There were 1,003 active listings for the three-month period ending September 2026. Active listings were 7.1% 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 110 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 32408 in Panama City Beach, FL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$409,880$309.28253
Single-familySeptember 2026$509,871$262.9699
TownhousesSeptember 2026$289,750$203.2117
Condos / co-opsSeptember 2026$354,989$357.53128
Multifamily (2–4 units)September 2026$500,000$266.2911

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 32408 in Panama City Beach, FL
MarketMedian sale priceReporting period / source
Lynn Haven, FL$328,8433 months ending September 2026 · Redfin
Panama City Beach, FL$425,000Month ending July 2026 · Zillow
Springfield, FL$259,8763 months ending September 2026 · Redfin
Parker, FL$258,8773 months ending September 2026 · Redfin
Southport, FLUnavailableMonth ending unavailable date · Zillow
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 32408 in Panama City Beach, FL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$409,880$309.281,003
August 2026$423,750$312.181,033
July 2026$420,000$314.221,055
June 2026$422,072$312.191,069
May 2026$420,000$323.511,068
April 2026$400,000$331.791,042
March 2026$415,000$336.271,030
February 2026$400,000$334.62978
January 2026$402,500$321.99983
December 2025$407,500$323.00976
November 2025$408,000$338.351,022
October 2025$415,000$348.561,057
September 2025$400,000$345.351,080
August 2025$387,450$330.511,105
July 2025$385,000$322.461,133
June 2025$408,250$319.701,144
May 2025$415,000$323.011,139
April 2025$415,000$324.261,109
March 2025$387,000$325.901,049
February 2025$400,000$340.221,016
January 2025$403,000$353.03970
December 2024$440,000$354.21985
November 2024$432,000$344.711,044
October 2024$450,000$333.371,080

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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