Unshakable ZIP Data 32408 | Panama City Beach, FL Housing Market
Panama City Beach · Bay County · Panama City, FL metro · Florida · Data updated June 19, 2026
The median sale price in ZIP 32408, Panama City Beach, Florida is $419,875 at $319 per square foot. 271 single-family homes sold in the latest period, up 41.8 percent from a year earlier. Homes sit a median of 84 days on market with 8.7 months of supply. Sellers are getting 95.5 percent of list price and 1.5 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $411,386 | |
| Average price per sq ft | $313 | |
| Median sale price | $419,875 | |
| Median sale price per sq ft | $319 | |
| Median home size | 1,315 sq ft | |
| Median new listing price | $438,452 | +1.2% |
| National size rank | 6,962 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 271 | +41.8% |
| Median days on market | 84 days | |
| Months of supply | 8.7 months | |
| New listings | 476 | -5.3% |
| Active listings | 1,072 | -5.9% |
| Pending sales | 301 | +26.5% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 95.5% | +0.3 pts |
| Share sold above list | 1.5% | -1.1 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
1-bedroom
$269,216
2-bedroom
$369,922
3-bedroom
$435,132
4-bedroom
$634,117
5-bedroom
$888,102
These figures describe the single-family market for Panama City Beach, Florida ZIP 32408. They are market context, not a substitute for sold comps or a formal appraisal.