Panama City Beach, FL 32407 Housing Market
- Active listings64currently for sale
- Pending sales35under contract
- Median asking price$404,500current listings
- Inventory age86 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)490a tracked sample, not a market total
- Median sold price$380,000last 6 months
- Middle half of sold prices$287k to $474k25th to 75th percentile
What the numbers say
As of August 3, 2026, Resideline is tracking 64 active listings and 35 pending sales in ZIP code 32407. That pending-to-active ratio of 0.55 points to a competitive market: a meaningful share of the inventory is already under contract.
The median asking price of current listings is $404,500, while the median of the 490 closed sales Resideline tracked over the last six months was $380,000. 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. The median active listing in 32407 has been on the market for 86 days.
Frequently asked questions
What is the median home price in 32407?
The median closed sale price in Panama City Beach, FL 32407 was $380,000 over the last six months, based on 490 closed sales tracked by Resideline. The middle half of those sales ranged from $287,001 to $473,647.
Is 32407 a buyer's or seller's market?
Resideline is currently tracking 35 pending sales against 64 active listings in 32407, a pending-to-active ratio of 0.55. 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 competitive market.
Nearby ZIP code market data
- 32413 Panama City Beach, FL
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- 32259 Saint Johns, FL
- 34293 Venice, FL
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