Don and Bubba's Market Report
Panama City, FL 32408
Single-Family Homes
https://donandbubba.com / DonandBubba@gmail.com / 850.624.8433
Panama City, FL 32408
Fri Feb 20 2026
This week the median list price for Panama City, FL 32408 is $589,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 76.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Real-Time Market Profile
| Median List Price | $589,000 | |
| Median Price of New Listings | $725,000 | |
| Per Square Foot | $298 | |
| Average Days on Market | 222 | |
| Median Days on Market | 140 | |
| Price Decreased | 43% | |
| Price Increased | 0% | |
| Relisted | 11% | |
| Inventory | 76 | |
| Median Rent | ||
| Market Action | 27 | |
| Slight Buyer's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,274,895 | 3,146 | 6,500 - 8,000 sqft | 4 | 4 | 21 | 2 | 0 | 140 |
| $689,000 | 2,339 | 4,500 - 6,500 sqft | 3 | 2.5 | 25 | 1 | 0 | 231 |
| $529,777 | 2,150 | 6,500 - 8,000 sqft | 3 | 2.5 | 27 | 0 | 0 | 126 |
| $370,000 | 1,360 | 4,500 - 6,500 sqft | 3 | 2 | 29 | 2 | 3 | 182 |