Panama City Beach, FL Home Values & Market Trends

Real estate market trends reflect that there have been 2,116 transactions over the past year in Panama City Beach. The median value for residential home transactions that occurred over the previous year is $457,024. The number of current listings in Panama City Beach is 2,366, and the percentage of properties for sale in the city is 2366.00%. Panama City Beach, FL currently has 195 properties in foreclosure, 23 bank owned properties, 29 properties headed for auction, and 2,366 properties for sale.

Panama City Beach, FL Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
32413

$ 512,963

$ 353/sqft

32407

$ 377,720

$ 248/sqft

Housing Market Summary for Panama City Beach, FL

Sep 2025September 2026Change
Median Listing Price$457.3K$495.5K8.35%
Median Sold Price$440.8K$448.1K1.66%
Homes For Sale2,9782,397-19.51%
Homes Sold1,040615-40.87%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Panama City Beach, FL

Panama City Beach home values range from $134,291 to $13,750,000. The median estimated value of a home in Panama City Beach is $457,024. The median list price of a home is 497,871, and the total count of properties in the city is 3,346.

Foreclosure
There are 2 zips within Panama City Beach, FL; within these zips, the median estimated home value for homes in foreclosure ranges from $1,104,508 in 32413 to the lowest value of $160,231 in 32413. Foreclosure homes account for 5.00% of properties in Panama City Beach, FL with 32413 containing 110 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.27% of all residential properties in Panama City Beach, FL with 32407 containing 73 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Panama City Beach, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,104,508 in 32407 to the lowest home value of $160,231 in 32413.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Panama City Beach, FL ranges from the highest value of $741,452 in 32413 to the lowest value of $259,900 in 32407. Bank owned homes and properties account for 0.69% of properties in Panama City Beach, FL. There are 2 zips within Panama City Beach, FL; 32413 containing 21 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    32413 has 27 auction properties, the highest number of properties going to auction in a single zip in the state of Panama City Beach, FL. Auction homes and other auction properties account for 0.87% of all properties in Panama City Beach, FL. There are 2 zips within Panama City Beach, FL; of those zips, the median estimated home value for homes going to auction ranges from $504,986 in 32407 to the lowest value of $263,431 in 32407.
Homes for Sale
Homes and properties that are actively listed for sale account for 70.71% of residential properties in Panama City Beach, FL with 32413 containing 1303 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Panama City Beach, FL; homes for sale in those zips, have a range of median values from $13,750,000 in 32413 to the lowest value of $138,813 in 32407.
    Sold Homes
    The median value for recently sold homes ranges from $3,693,332 in 32407 to the lowest price of $134,291 in 32407. There are 2 zips within Panama City Beach, FL. 32413 has 386 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 17.63% of properties in Panama City Beach, FL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Panama City Beach, FL
      $
      $

      Guide for Panama City Beach, FL

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.