Housing market · ZIP 32408

Panama City, FL Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value
$368,989
3-month+0.4%
6-month+0.3%
12-month-4.9%
Touse 12-month forecast
-1.7%
Projected median near $362,873 over the next 12 months

As of April 2026, the median home value in Panama City, FL (ZIP 32408) is $368,989. Prices are falling, down 4.9% over the past year. Touse's model projects a -1.7% change over the next 12 months, putting the median near $362,873.

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Nearby areas in Bay

Panama City 32401Panama City 32402Panama City 32403Panama City 32404Panama City 32405Panama City 32406Panama City Beach 32407Panama City 32409

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.