ZIP 32405 · Panama City, FL

32405 Panama City, FL Housing Market

Monthly housing intelligence for ZIP 32405, Panama City, FL. Latest data: May 2026.

Median listing price

$342,500

MoM -4.3% · YoY -2.1%

Active listings

182

YoY +25.5%

Median days on market

YoY -29.6%

New listings

YoY -5.9%

Pending listings

Pending ratio 0.29

Price reduced share

31.1%

YoY +13.0%

Median $ / sqft

$205

YoY -0.5%

Median sqft

1,658

Average listing price

$407,424

YoY -10.8%

Total listings

234

Nearby ZIPs

32408

Panama City, FL

$409,900

727 active · 87 DOM

32404

Panama City, FL

$320,000

370 active · 68 DOM

32401

Panama City, FL

$257,900

150 active · 64 DOM

32409

Panama City, FL

$499,495

70 active · 78 DOM

Month	Median price	Active	DOM	Pending ratio
May 2026	$342,500	182	50	0.29
April 2026	$358,000	155	64	0.36