Start Free
All market snapshots / 32407

Panama City Beach, FL 32407 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Panama City Beach, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.60
ActiveActive listings: 5757PendingPending sales: 3434
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): $445k$445kSoldMedian sold price (last 6 months): $380k$380k
What homes actually sell for in Panama City Beach, FL
Distribution of 484 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $289k to $475k
$185k to $257k: 57 sales$185k$257k to $329k: 95 sales95sales$329k to $401k: 94 sales$329k$401k to $474k: 95 sales$474k to $546k: 37 sales$474k$546k to $618k: 28 sales$618k to $690k: 19 sales$618k$690k to $762k: 13 salesMedian $380k

What the numbers say

As of August 26, 2026, Resideline is tracking 57 active listings and 34 pending sales in ZIP code 32407. That pending-to-active ratio of 0.60 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $445,000, while the median of the 484 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 81 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 484 closed sales tracked by Resideline. The middle half of those sales ranged from $289,000 to $475,000.

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

Resideline is currently tracking 34 pending sales against 57 active listings in 32407, a pending-to-active ratio of 0.60. 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

Full Panama City Beach, FL housing market report →
Run any 32407 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.