Don and Bubba's Market Report

Panama City, FL 32401

Single-Family Homes

https://donandbubba.com / DonandBubba@gmail.com / 850.624.8433


Panama City, FL 32401

Mon Nov 17 2025
This week the median list price for Panama City, FL 32401 is $276,500 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 108. Click here to stay informed with the Panama City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Panama City, FL 32401

Mon Nov 17 2025
This week the median list price for Panama City, FL 32401 is $276,500 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 108. Click here to stay informed with the Panama City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Panama City market.
Median List Price $276,500
Median Price of New Listings $319,900
Per Square Foot $204
Average Days on Market 124
Median Days on Market 84
Price Decreased 48%
Price Increased 2%
Relisted 9%
Inventory 108
Median Rent
Market Action 30
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$499,000 2,596 0.25 - 0.5 acre 4 3 74 1 2 154
$320,000 1,555 0.25 - 0.5 acre 3 2 74 4 2 63
$246,000 1,215 6,500 - 8,000 sqft 3 2 40 2 0 77
$177,500 1,000 6,500 - 8,000 sqft 2 1 80 2 3 91