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Is Panama City, FL 32408 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Panama City is a buyer’s market. With about 7.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.6Under 4 months = seller’s market

Sold above original list3.3%Share of sales, last 3 months

Median sale-to-list95.4%Sold price ÷ list price

Median days on market97Listing to accepted offer

Median price per sq ft$316▼ −4.5% vs. last year

Run the numbers for 32408

Prefilled for 32408Can I win this house?Multiple-offer likelihood for a listing Prefilled for 32408Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Fountain 32438 — /sq ft Lynn Haven 32444Balanced $199 /sq ft Panama City 32401Buyer’s market $197 /sq ft Panama City 32404Balanced $177 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology