Is Panama City, FL 32401 a buyer’s or seller’s market?
Panama City is a buyer’s market. With about 6.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply6.6Under 4 months = seller’s market
Sold above original list6.3%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$197▲ +2.2% vs. last year
Run the numbers for 32401
Nearby markets
Fountain 32438 — /sq ftLynn Haven 32444Balanced $199 /sq ftPanama City 32404Balanced $177 /sq ftPanama City 32405Balanced $196 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology