Don and Bubba's Market Report
Panama City Beach, FL 32407
Single-Family Homes
https://donandbubba.com / DonandBubba@gmail.com / 850.624.8433
Panama City Beach, FL 32407
Wed Apr 29 2026
This week the median list price for Panama City Beach, FL 32407 is $543,471 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 128.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Real-Time Market Profile
| Median List Price | $543,471 | |
| Median Price of New Listings | $474,437 | |
| Per Square Foot | $268 | |
| Average Days on Market | 144 | |
| Median Days on Market | 88 | |
| Price Decreased | 45% | |
| Price Increased | 5% | |
| Relisted | 7% | |
| Inventory | 128 | |
| Median Rent | ||
| Market Action | 31 | |
| Slight Seller's Advantage | ||
You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $886,950 | 2,902 | 6,500 - 8,000 sqft | 4 | 3.5 | 6 | 2 | 0 | 133 |
| $601,618 | 2,438 | 4,500 - 6,500 sqft | 4 | 3 | 8 | 2 | 1 | 101 |
| $489,450 | 1,908 | 6,500 - 8,000 sqft | 3 | 2 | 1 | 2 | 8 | 70 |
| $373,381 | 1,443 | 0 - 4,500 sqft | 3 | 2 | 22 | 4 | 1 | 70 |