32407 Home Values & Market Trends
There are 831 homes currently listed for 32407. 32407 real estate market trends show that home prices range from $94,900 to $6,333,800, and the median sales price in the 32407 zip code is $369,503. The total number of properties sold within the past twelve months is 725. In 32407, 77 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 32407
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $390K | $397.5K | 1.92% |
| Median Sold Price | $415.3K | $426.2K | 2.63% |
| Homes For Sale | 843 | 913 | 8.30% |
| Homes Sold | 200 | 191 | -4.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 32407
Browse Homes in 32407
The median list price of a home in Panama City Beach, is $369,503. A total of 831 properties are for sale, and the percentage of properties for sale in the zip code is 831.00%. The total count of 32407 properties is 1,173.
- Pre-ForeclosurePre-foreclosure homes account for 6.22% of all residential properties in 32407 with panama city beach containing 143 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 32407; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,388,101 in panama city beach to the lowest home value of $160,231 in panama city beach.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 32407 ranges from the highest value of $741,452 in panama city beach to the lowest value of $259,900 in panama city beach. Bank owned homes and properties account for 0.17% of properties in 32407. There is 1 cities within 32407; panama city beach containing 23 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspanama city beach has 31 auction properties, the highest number of properties going to auction in a single city in the state of 32407. Auction homes and other auction properties account for 0.17% of all properties in 32407. There is 1 cities within 32407; of that cities, the median estimated home value for homes going to auction ranges from $504,986 in panama city beach to the lowest value of $263,431 in panama city beach.
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Guide for 32407





Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

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