32405 Homes for Sale — Panama City, FL

Every active MLS listing in Panama City’s 32405 ZIP code, refreshed nightly, with the price bands, the property mix and the communities that have the most homes for sale. For the whole city see homes for sale in Panama City, FL (236 listings); for the ZIP’s values, taxes and growth see the 32405 housing scorecard.

32405 at a glance

ZIP 32405 is Panama City, Bay County, FL. The numbers below are computed from MLS closings and live listings for every community in the ZIP and refresh with each data pull.

Where it isPanama City, Bay County, FL
Communities134 MLS communities, 51 with 12-month sales data
Median sold price, 12 months$280K (-6.8% year over year)
For sale / under contract now202 / 86
Days to contract (median)56
New construction share of sales50%
Sale-to-original-list96.8%
By price band (for sale / sold 12 mo / months)Under $300K: 95 / 0 / None; $300K–$500K: 69 / 0 / None; $500K–$750K: 38 / 0 / None
FEMA flood zone (SFHA) shareabout 11% of 122 sampled homes in the ZIP's largest communities sit in a Special Flood Hazard Area
Communities with the most salesLiberty ($280K), Sweetbay ($535K), Park Place ($304K), Breakfast Point ($474K), College Station ($368K), Venetian Villa ($270K)

32405 housing market tracker · all homes for sale in Panama City, FL · Bay County property tax

115 homes are for sale in ZIP 32405 (Panama City, FL) right now, from $219,000 to $656,455 for the middle 80%, at a median asking price of $359,900. , built 1997; 17 came on the market in the last 7 days and 18% are new construction.

Newest homes for sale in 32405

Kings Point
$649,900 New
5 bd · 3 ba · built 2026
2912 W 27Th Street, Panama City, Fl 32405
Kings Point
Listing courtesy of TH Coastal Realty
Sweetbay
$530,000 New
3 bd · 2 ba · built 2021
1408 Blackbird Court, Panama City, Fl 32405
Sweetbay
Listing courtesy of Counts Real Estate Group Inc
Drummond & Ware
$435,000 New
7 bd · 4 ba · built 1996
1908 Laurel Avenue, Panama City, Fl 32405
Drummond & Ware
Listing courtesy of JONES REAL ESTATE AND RENTALS LLC
St A B Co
$379,900 New
3 bd · 2 ba · built 1978
2928 State Avenue, Panama City, Fl 32405
St A B Co
Listing courtesy of CENTURY 21 Commander Realty
Andrews Plantation
$369,900 New
4 bd · 2 ba · built 2020
724 Cason Circle, Panama City, Fl 32405
Andrews Plantation
Listing courtesy of Savvy Avenue LLC
Highland City
$335,000 New
3 bd · 2 ba · built 2006
2317 Cocoa Avenue, Panama City, Fl 32405
Highland City
Listing courtesy of Keller Williams Success Realty
Pine Tree Place
$265,000 New
3 bd · 2 ba · built 1998
2806 Tracy Lynn Court, Panama City, Fl 32405
Pine Tree Place
Listing courtesy of Compass Florida, LLC
Forest Park
$249,999 New
3 bd · 1 ba · built 1959
1209 Emory Drive, Panama City, Fl 32405
Forest Park
Listing courtesy of FLATFEE.COM
Forest Park
$850,000 New
3 bd · 2 ba · built 1956
5 Sewanee Circle, Panama City, Fl 32405
Forest Park
Listing courtesy of Beachy Beach Real Estate
Sweetbay
$589,900 New
3 bd · 3 ba · built 2018
1220 Finch Street, Panama City, Fl 32405
Sweetbay
Listing courtesy of Horsley Real Estate Group
Island View Estates
$339,000 New
4 bd · 2 ba · built 1963
2506 W 26Th Street, Panama City, Fl 32405
Island View Estates
Listing courtesy of Virga Realty Inc
St. Andrews Bay Dev. Co.
$249,900 New
2 bd · 1 ba · built 1938
1706 Beck Avenue, Panama City, Fl 32405
St. Andrews Bay Dev. Co.
Listing courtesy of Anchor Realty Florida
Delwood Estates
$229,000 New
3 bd · 2 ba · built 1976
1025 W 19Th D9, Panama City, Fl 32405
Delwood Estates
Listing courtesy of Counts Real Estate Group
Sweetbay
$896,718 New
4 bd · 4 ba · built 2026
1333 Buttonsage Avenue Lot 651 - Hutchinson Plan, Panama City, Fl 32405
Sweetbay
Listing courtesy of SweetBay Realty
Venetian Villa
$270,000 New
3 bd · 2 ba · built 1983
3919 Ereno Court, Panama City, Fl 32405
Venetian Villa
Listing courtesy of SimpliHOM
Highland City
$139,900 New
2 bd · 2 ba · built 2003
3021 Altha Avenue, Panama City, Fl 32405
Highland City
Listing courtesy of Beycome of Florida LLC
The Woods
$647,000 New
4 bd · 3 ba · built 1992
2604 Bayleaf Court, Panama City, Fl 32405
The Woods
Listing courtesy of Hitchcock Real Estate LLC
Sweetbay
$462,654
4 bd · 2 ba · built 2026
1085 Blazing Star Street Lot 496 - Waverly Plan, Panama City, Fl 32405
Sweetbay
Listing courtesy of SweetBay Realty
Sweetbay
$450,000
3 bd · 2 ba · built 2024
2204 Warbler Street, Panama City, Fl 32405
Sweetbay
Listing courtesy of Think Real Estate
Chandlee To Pc
$289,900
3 bd · 3 ba · built 2025
1510 Mulberry Avenue, Panama City, Fl 32405
Chandlee To Pc
Listing courtesy of HomeCoin.com
St A B Co
$749,499
4 bd · 3 ba · built 1990
2742 E Highway 390, Panama City, Fl 32405
St A B Co
Listing courtesy of Think Real Estate
Sweetbay
$470,000
3 bd · 2 ba · built 2023
1021 N Discovery Loop, Panama City, Fl 32405
Sweetbay
Listing courtesy of Chesnut Realty, Inc
Highland City
$275,000
3 bd · 2 ba · built 2026
3024 Selma Avenue, Panama City, Fl 32405
Highland City
Listing courtesy of Think Real Estate
Highland City
$339,900
3 bd · 2 ba · built 1950
3431 Ten Acre Road, Panama City, Fl 32405
Highland City
Listing courtesy of EXP Realty LLC
Delwood Estates
$224,000
3 bd · 2 ba · built 1976
1025 W 19Th Street 15A, Panama City, Fl 32405
Delwood Estates
Listing courtesy of Coastal Choice Realty LLC
Lynn Haven
$355,000
4 bd · 3 ba · built 2011
2614 Paige Circle, Panama City, Fl 32405
Lynn Haven
Listing courtesy of Coldwell Banker Realty
Sherwood
$175,000
3 bd · 2 ba · built 1972
3101 W 22Nd Street, Panama City, Fl 32405
Sherwood
Listing courtesy of Nations Best Realty, Inc.
Greentree Heights
$299,000
3 bd · 2 ba · built 1985
2536 E 37Th Plaza, Panama City, Fl 32405
Greentree Heights
Listing courtesy of ERA Neubauer Real Estate Inc
Sweetbay
$585,000
3 bd · 3 ba · built 2019
1621 Kestrel Street, Panama City, Fl 32405
Sweetbay
Listing courtesy of Think Real Estate
Sweetbay
$475,000
3 bd · 2 ba · built 2023
2100 Royal Tern Street, Panama City, Fl 32405
Sweetbay
Listing courtesy of Think Real Estate

Every home for sale in 32405 right now (113)

All 113 active listings in ZIP 32405 with a detail page, newest first, refreshed twice a day from the MLS.

Homes for sale in 32405 by price

Price bandFor saleShare
Under $200K98%
$200K–$300K3833%
$300K–$400K1715%
$400K–$500K2017%
$500K–$750K2421%
$750K+76%

Communities in 32405 with the most homes for sale

How to read this

Counts and medians are from active MLS listings with a 32405 mailing ZIP as of November 3, 2026; property mix Single-family 85%. Prices are asking prices. Listings are shown with the courtesy of the listing brokerage under IDX rules; information deemed reliable but not guaranteed. Other Panama City ZIP codes: 32404, 32408, 32401, 32409. See also homes for sale in Bay County. More: Panama City condos, luxury homes in Panama City, new listings this week in Panama City, Panama City homes by street.

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