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How competitive is the Panama City-Panama City Beach housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
28/100
YoY Difficult Selling Environment
Pending ratio
0.24
YoY contracts vs active
Inventory YoY
-0.0%
YoY active listings
Median DOM
76
YoY days on market
Price cuts
33.7%
YoY of active listings
Panama City-Panama City Beach is soft for sellers as of May 2026, with a Sold Score of 28/100 (Difficult Selling Environment). **Pending ratio** is 0.24 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -5.0% — fewer choices for buyers than a year ago. **Median days on market** is 76. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 33.7% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 28/100 (Difficult Selling Environment) · Pending ratio: 0.24 · Inventory YoY: -5.0% · Median days on market: 76 · Sellers cutting price: 33.7% · Median listing price: $399,900 (-5.9% YoY)

Panama City-Panama City Beach snapshot

As of the latest 2026 data
Median listing
$400K
YoY -0.1%
Active inventory
3,055
YoY -0.0%
Median DOM
83
YoY -0.0%
Pending ratio
0.24
YoY +0.0%
Price-reduced
22.5%
YoY -0.0%

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