32408 Homes for Sale — Panama City, FL

Every active MLS listing in Panama City’s 32408 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 32408 housing scorecard.

32408 at a glance

ZIP 32408 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
Communities213 MLS communities, 125 with 12-month sales data
Median sold price, 12 months$400K (-0.6% year over year)
For sale / under contract now1,195 / 202
Days to contract (median)75
New construction share of sales19%
Sale-to-original-list93.4%
By price band (for sale / sold 12 mo / months)Under $300K: 420 / 0 / None; $300K–$500K: 430 / 0 / None; $500K–$750K: 307 / 0 / None; $750K+: 38 / 0 / None
FEMA flood zone (SFHA) shareabout 28% of 331 sampled homes in the ZIP's largest communities sit in a Special Flood Hazard Area
Communities with the most salesLatitude At Watersound ($500K), Sunny Hills ($227K), Breakfast Point East ($510K), Gulf Highlands Beach Resort ($295K), Lynn Haven ($300K), Laketown Wharf ($280K)

32408 housing market tracker · all homes for sale in Panama City, FL · Bay County property tax

276 homes are for sale in ZIP 32408 (Panama City, FL) right now, from $239,000 to $1,100,000 for the middle 80%, at a median asking price of $398,500. , built 2003; 52 came on the market in the last 7 days and 4% are new construction.

Newest homes for sale in 32408

Crescent Beach
$3,299,000 New
6 bd · 7 ba · built 2025
5944 Gulf Drive, Panama City, Fl 32408
Crescent Beach
Listing courtesy of Corcoran Reverie
Hidden Dunes Condo
$1,349,900 New
3 bd · 3 ba · built 2001
7115 Thomas Drive 1803, Panama City, Fl 32408
Hidden Dunes Condo
Listing courtesy of Think Real Estate
Bay Point Grand Residences
$575,000 New
2 bd · 2 ba · built 2007
4050 Marriott Drive 3803, Panama City, Fl 32408
Bay Point Grand Residences
Listing courtesy of Counts Real Estate Group Inc
The Fairways
$570,000 New
3 bd · 2 ba · built 1995
104 Golf Drive, Panama City, Fl 32408
The Fairways
Listing courtesy of Keller Williams Realty Emerald
Treasure Island
$500,000 New
3 bd · 2 ba · built 1998
3704 Long John Drive, Panama City, Fl 32408
Treasure Island
Listing courtesy of Coldwell Banker Realty
Shores Of Panama
$474,900 New
2 bd · 3 ba · built 2007
9900 S Thomas Drive 804, Panama City, Fl 32408
Shores Of Panama
Listing courtesy of Coastal Palms Real Estate
Reflections
$449,000 New
2 bd · 2 ba · built 2007
4100 Marriott Drive 210, Panama City, Fl 32408
Reflections
Listing courtesy of Dalton Wade Inc
Summerhouse Of P.C.
$425,000 New
2 bd · 2 ba · built 1985
6505 Thomas Drive 202, Panama City, Fl 32408
Summerhouse Of P.C.
Listing courtesy of Dalton Wade Inc
Summerhouse Of P.C.
$415,000 New
2 bd · 2 ba · built 1982
6505 Thomas Drive 1008, Panama City, Fl 32408
Summerhouse Of P.C.
Listing courtesy of LoKation Real Estate
The Summerhouse Of P.C.
$399,000 New
2 bd · 2 ba · built 1984
6505 Thomas Drive 804, Panama City, Fl 32408
The Summerhouse Of P.C.
Listing courtesy of Counts Real Estate Group Inc
Magnolia Bay Club
$399,000 New
2 bd · 3 ba · built 2008
2400 Grandiflora Boulevard E603, Panama City, Fl 32408
Magnolia Bay Club
Listing courtesy of Dalton Wade Inc
Marina Club Village
$399,000 New
2 bd · 2 ba · built 1986
4620 Bay Point Road 1037, Panama City, Fl 32408
Marina Club Village
Listing courtesy of Keller Williams Realty Southeast Alabama
The Summit
$368,900 New
1 bd · 2 ba · built 1984
8743 Thomas Drive 1419, Panama City, Fl 32408
The Summit
Listing courtesy of Fun Quest Vacation Rentals Corp
Sunbird Condo
$360,000 New
1 bd · 1 ba · built 1984
9850 S Thomas Drive 706E, Panama City, Fl 32408
Sunbird Condo
Listing courtesy of Beachy Beach Real Estate
Shores Of Panama
$349,900 New
2 bd · 2 ba · built 2007
9900 S Thomas Drive 1612, Panama City, Fl 32408
Shores Of Panama
Listing courtesy of Ohana Real Estate Services
Palisades Condo
$337,500 New
2 bd · 3 ba · built 1974
6901 N Lagoon Drive 10, Panama City, Fl 32408
Palisades Condo
Listing courtesy of Dalton Wade Inc
Bay Point Studio Villas
$330,000 New
1 bd · 1 ba · built 1980
4272 Kingfish Lane 272, Panama City, Fl 32408
Bay Point Studio Villas
Listing courtesy of Emerald Coastal Inc
The Summit
$325,000 New
1 bd · 2 ba · built 1984
8743 Thomas Drive 1408, Panama City, Fl 32408
The Summit
Listing courtesy of Fun Quest Vacation Rentals Corp
Laketown Wharf
$324,900 New
3 bd · 2 ba · built 2008
9860 S Thomas Drive 109, Panama City, Fl 32408
Laketown Wharf
Listing courtesy of Coastal Living Realty & Associates
Bay Point Studio Villas
$299,900 New
1 bd · 1 ba · built 1980
4286 Kingfish Lane 286, Panama City, Fl 32408
Bay Point Studio Villas
Listing courtesy of Emerald Coastal Inc
Shores Of Panama
$289,000 New
1 bd · 2 ba · built 2007
9900 S Thomas Drive 2009, Panama City, Fl 32408
Shores Of Panama
Listing courtesy of Compass Florida, LLC
Laketown Wharf
$250,000 New
1 bd · 2 ba · built 2008
9860 S Thomas Drive 119, Panama City, Fl 32408
Laketown Wharf
Listing courtesy of Beachy Beach Real Estate
Bay Point Harbour Villas
$240,000 New
1 bd · 1 ba · built 1981
4726 Bay Point Road D140, Panama City, Fl 32408
Bay Point Harbour Villas
Listing courtesy of Salty Marlin Realty LLC
Laketown Wharf
$225,000 New
1 bd · 2 ba · built 2007
9902 S Thomas Drive 636, Panama City, Fl 32408
Laketown Wharf
Listing courtesy of Coastal Palms Real Estate
Laketown Wharf
$225,000 New
1 bd · 2 ba · built 2007
9902 S Thomas Drive 237, Panama City, Fl 32408
Laketown Wharf
Listing courtesy of Coastal Palms Real Estate
Emerald Pointe Resort
$215,000 New
1 bd · 1 ba · built 2003
1219 Navy Boulevard 47, Panama City, Fl 32408
Emerald Pointe Resort
Listing courtesy of Counts Real Estate Group Inc
Largo Mar Condo
$1,125,000 New
3 bd · 3 ba · built 1981
5717 Thomas Drive A164, Panama City, Fl 32408
Largo Mar Condo
Listing courtesy of Legacy Premier Agency
Reflections
$669,000 New
2 bd · 2 ba · built 2007
4100 Marriott Drive 809, Panama City, Fl 32408
Reflections
Listing courtesy of Anchor Realty Florida
Biltmore Beach
$589,999 New
4 bd · 2 ba · built 1972
5220 Beach Drive, Panama City, Fl 32408
Biltmore Beach
Listing courtesy of LoKation Real Estate
Laketown Wharf
$499,000 New
3 bd · 3 ba · built 2008
9860 S Thomas Drive 1012, Panama City, Fl 32408
Laketown Wharf
Listing courtesy of Beach Time Realty, Inc

Every home for sale in 32408 right now (264)

All 264 active listings in ZIP 32408 with a detail page, newest first, refreshed twice a day from the MLS.

Homes for sale in 32408 by price

Price bandFor saleShare
Under $200K73%
$200K–$300K5520%
$300K–$400K8029%
$400K–$500K4215%
$500K–$750K4617%
$750K+4617%

Communities in 32408 with the most homes for sale

How to read this

Counts and medians are from active MLS listings with a 32408 mailing ZIP as of November 3, 2026; property mix Condo 68%, Single-family 24%. 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, 32405, 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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