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All market snapshots / 32407

Panama City Beach, FL 32407 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Panama City Beach, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 196196PendingPending sales: 1010
Panama City Beach, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $427k$427kSoldMedian sold price (last 6 months): $373k$373k
What homes actually sell for in Panama City Beach, FL
Distribution of 470 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $295k to $470k
$185k to $257k: 45 sales$185k$257k to $329k: 94 sales$329k to $401k: 107 sales107sales$329k$401k to $474k: 90 sales$474k to $546k: 36 sales$474k$546k to $618k: 27 sales$618k to $690k: 16 sales$618k$690k to $762k: 9 salesMedian $373k

What the numbers say

As of October 5, 2026, Resideline is tracking 196 active listings and 10 pending sales in ZIP code 32407. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $427,450, while the median of the 470 closed sales Resideline tracked over the last six months was $372,763. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 32407 for 88 days.

Frequently asked questions

What is the median home price in 32407?

The median closed sale price in Panama City Beach, FL 32407 was $372,763 over the last six months, based on 470 closed sales tracked by Resideline. The middle half of those sales ranged from $295,000 to $470,000.

Is 32407 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 196 active listings in 32407, a pending-to-active ratio of 0.05. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 32407 currently looks like a balanced market.

Nearby ZIP code market data

Full Panama City Beach, FL housing market report →

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