Real Estate Data > US real estate data > Florida > Bay County > Panama City > 32408

Panama City, FL 32408 Real Estate & Property Data

Panama City, FL 32408 Real Estate Market Trends

Last Updated: August 30, 2025

A total of 911 residential properties have been sold over the past 12 months in 32408. With a median sales price of $397,500 in 32408 and a total of 3 foreclosures in Panama City, FL 32408. Discover market trends and get the granular level real estate data for Panama City, FL 32408 to keep your pulse on the housing market. Curate compelling home reports for Panama City, FL 32408 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Panama City, FL 32408 Real Estate Market Trends

Get property data for any address in Panama City, FL 32408 or the country:

Total Residential Properties 15,595

Total Commercial Properties 635

Avg. Home Age (Single Family Home) 31 Years

Avg. Square Feet (Single Family Home) 1,926

Total 2025 Residential Sales (year-to-date) 395

% of Homes Seriously Underwater (Q3 2025) 0.8%

Total 2024 Residential Sales 887

% of Equity Rich Homes (Q3 2025) 26.84%

Effective 2024 Property Tax 0.91%

Total Foreclosure Filings (year-to-date) 23

Interested in Purchasing National or Panama City, FL 32408 Property Data?

Panama City, FL 32408 Real Estate Overview

There were 911 residential properties sold in the past year in Panama City, FL 32408. The median home value in Panama City, FL 32408 is $373,181. There are a total of 15,595 residential properties in the 32408.

Median Sales Price i

$397,500

(Jun 2025)

-14.1%

year-over-year

y-o-y

June '25 Jun '25 $397,500
May '25 May '25 $625,000
April '25 Apr '25 $430,000
March '25 Mar '25 $469,000
February '25 Feb '25 $599,000
January '25 Jan '25 $440,000
December '24 Dec '24 $617,000
November '24 Nov '24 $445,000
October '24 Oct '24 $595,000
September '24 Sep '24 $459,500
August '24 Aug '24 $500,000
July '24 Jul '24 $470,000

Median Down Payment i

$102,500

(Jun 2025)

+29.7%

year-over-year

y-o-y

June '25 Jun '25 $102,500
May '25 May '25 $97,000
April '25 Apr '25 $76,000
March '25 Mar '25 $95,550
February '25 Feb '25 $123,000
January '25 Jan '25 $65,900
December '24 Dec '24 $118,875
November '24 Nov '24 $70,450
October '24 Oct '24 $142,500
September '24 Sep '24 $68,850
August '24 Aug '24 $125,000
July '24 Jul '24 $110,250

Number of Homes Sold i

75

(Jun 2025)

-1.3%

year-over-year

y-o-y

June '25 Jun '25 75
May '25 May '25 70
April '25 Apr '25 77
March '25 Mar '25 73
February '25 Feb '25 51
January '25 Jan '25 49
December '24 Dec '24 86
November '24 Nov '24 58
October '24 Oct '24 73
September '24 Sep '24 60
August '24 Aug '24 83
July '24 Jul '24 80

Number of Purchase Loans i

32

(Jun 2025)

-22%

year-over-year

y-o-y

June '25 Jun '25 32
May '25 May '25 36
April '25 Apr '25 35
March '25 Mar '25 33
February '25 Feb '25 22
January '25 Jan '25 22
December '24 Dec '24 43
November '24 Nov '24 25
October '24 Oct '24 36
September '24 Sep '24 32
August '24 Aug '24 48
July '24 Jul '24 42

Number of REFI Loans i

14

(Jun 2025)

+55.6%

year-over-year

y-o-y

June '25 Jun '25 14
May '25 May '25 16
April '25 Apr '25 17
March '25 Mar '25 13
February '25 Feb '25 11
January '25 Jan '25 6
December '24 Dec '24 14
November '24 Nov '24 12
October '24 Oct '24 17
September '24 Sep '24 10
August '24 Aug '24 10
July '24 Jul '24 16

Number of HELOC Loans i

4

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 3
April '25 Apr '25 13
March '25 Mar '25 10
February '25 Feb '25 6
January '25 Jan '25 3
December '24 Dec '24 10
November '24 Nov '24 11
October '24 Oct '24 8
September '24 Sep '24 11
August '24 Aug '24 7
July '24 Jul '24 8

Panama City, FL 32408 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4
…
7

Panama City, FL 32408 Foreclosure Activity

There were a total of 3 Panama City, FL 32408 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 5
April '25 Apr '25 7
March '25 Mar '25 1
February '25 Feb '25 3
January '25 Jan '25 4
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 10
September '24 Sep '24 6
August '24 Aug '24 6
July '24 Jul '24 6

Foreclosure Starts i

2

(Jun 2025)

-33.3%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 4
April '25 Apr '25 5
March '25 Mar '25 1
February '25 Feb '25 3
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 8
September '24 Sep '24 4
August '24 Aug '24 4
July '24 Jul '24 5

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Nearby Zip Codes

1. 32401
2. 32403
3. 32404
4. 32405
5. 32409

Interested in growing your business with Panama City, FL 32408 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.