32408 Home Values & Market Trends
There are 1,136 homes currently listed for 32408. 32408 real estate market trends show that home prices range from $65,000 to $8,475,000, and the median sales price in the 32408 zip code is $427,650. The total number of properties sold within the past twelve months is 1,240. In 32408, 93 properties are in foreclosure, 2 are bank owned properties,and 8 are headed for auction.
Housing Market Summary for 32408
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $425K | $475K | 11.77% |
| Median Sold Price | $404.1K | $404.3K | 0.04% |
| Homes For Sale | 1,071 | 1,180 | 10.18% |
| Homes Sold | 379 | 402 | 6.07% |
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 32408
Browse Homes in 32408
The median list price of a home in Panama City, is $427,650. A total of 1,136 properties are for sale, and the percentage of properties for sale in the zip code is 1136.00%. The total count of 32408 properties is 1,719.
- Pre-ForeclosurePre-foreclosure homes account for 4.83% of all residential properties in 32408 with panama city containing 418 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 32408; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,221,810 in panama city to the lowest home value of $55,105 in panama city.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 32408 ranges from the highest value of $389,900 in panama city to the lowest value of $53,907 in panama city. Bank owned homes and properties account for 0.12% of properties in 32408. There is 1 cities within 32408; panama city containing 18 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspanama city has 36 auction properties, the highest number of properties going to auction in a single city in the state of 32408. Auction homes and other auction properties account for 0.47% of all properties in 32408. There is 1 cities within 32408; of that cities, the median estimated home value for homes going to auction ranges from $698,001 in panama city to the lowest value of $140,000 in panama city.
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Guide for 32408
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
