32409 Homes for Sale — Panama City, FL
Every active MLS listing in Panama City’s 32409 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 (257 listings); for the ZIP’s values, taxes and growth see the 32409 housing scorecard.
32409 at a glance
ZIP 32409 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 is | Panama City, Bay County, FL |
|---|---|
| Communities | 50 MLS communities, 18 with 12-month sales data |
| Median sold price, 12 months | $440K (+0.4% year over year) |
| For sale / under contract now | 80 / 35 |
| Days to contract (median) | 64 |
| New construction share of sales | 45% |
| Sale-to-original-list | 94.9% |
| By price band (for sale / sold 12 mo / months) | Under $300K: 12 / 0 / None; $300K–$500K: 43 / 0 / None; $500K–$750K: 25 / 0 / None |
| FEMA flood zone (SFHA) share | about 16% of 61 sampled homes in the ZIP's largest communities sit in a Special Flood Hazard Area |
| Communities with the most sales | Hodges Bayou Plantation ($350K), Cedar Creek At Deerpoint Lake ($551K), Fanning Bayou ($512K), Lake Merial ($526K), Lake Merial Phase One ($554K), Moonspinner Apartments ($512K) |
32409 housing market tracker · all homes for sale in Panama City, FL · Bay County property tax
42 homes are for sale in ZIP 32409 (Panama City, FL) right now, from $299,900 to $675,000 for the middle 80%, at a median asking price of $429,495. , built 2024; 9 came on the market in the last 7 days and 45% are new construction.
Newest homes for sale in 32409
Every home for sale in 32409 right now (42)
All 42 active listings in ZIP 32409 with a detail page, newest first, refreshed twice a day from the MLS.
- 12846 Lake Merial Strand Drive 18, Panama City, Fl 32409 · $547,529 · 4 bd · 3 ba
- 12816 Lake Merial Strand Drive 33, Panama City, Fl 32409 · $493,947 · 4 bd · 3 ba
- 213 Lake Merial Boulevard, Panama City, Fl 32409 · $478,990 · 4 bd · 3 ba
- 211 Lake Merial Boulevard, Panama City, Fl 32409 · $449,990 · 3 bd · 2 ba
- 7208 Shady Oak Way, Panama City, Fl 32409 · $414,900 · 4 bd · 3 ba
- 7229 Shady Oak Way, Panama City, Fl 32409 · $374,900 · 4 bd · 3 ba
- 3179 Sawgrass Street, Panama City, Fl 32409 · $339,900 · 5 bd · 3 ba
- 3188 Blue Bird Lane, Panama City, Fl 32409 · $319,900 · 4 bd · 2 ba
- 9701 Summer Creek Drive, Panama City, Fl 32409 · $1,399,000 · 3 bd · 4 ba
- 7225 Shady Oak Way, Panama City, Fl 32409 · $414,900 · 4 bd · 3 ba
- 7236 Shady Oak Way, Panama City, Fl 32409 · $374,900 · 4 bd · 3 ba
- 7217 Shady Oak Way, Panama City, Fl 32409 · $449,900 · 5 bd · 4 ba
- 12815 Merial Pass, Panama City, Fl 32409 · $635,000 · 5 bd · 4 ba
- 112 Merrion Road, Panama City, Fl 32409 · $310,000 · 4 bd · 2 ba
- 147 Lake Merial Shores Drive, Panama City, Fl 32409 · $969,000 · 6 bd · 4 ba
- 3065 Rachel Place, Panama City, Fl 32409 · $390,000 · 4 bd · 3 ba
- 7523 Highway 2302, Panama City, Fl 32409 · $359,000 · 3 bd · 3 ba
- 1600 Marina Bay Drive 205, Panama City, Fl 32409 · $435,000 · 2 bd · 2 ba
- 7228 Shady Oak Way, Panama City, Fl 32409 · $369,900 · 4 bd · 3 ba
- 325 Confidence Way, Panama City, Fl 32409 · $949,000 · 4 bd · 4 ba
- 3143 Rachel Place, Panama City, Fl 32409 · $282,452 · 3 bd · 2 ba
- 9716 Sweetfield Lane, Panama City, Fl 32409 · $589,000 · 4 bd · 2 ba
- 6714 Sunburst Lane, Panama City, Fl 32409 · $150,000 · 3 bd · 2 ba
- 3933 Gravelle Drive, Panama City, Fl 32409 · $282,000 · 3 bd · 2 ba
- 7209 Shady Oak Way, Panama City, Fl 32409 · $414,900 · 4 bd · 3 ba
- 3700 Atlantis Drive, Panama City, Fl 32409 · $179,900 · 3 bd · 2 ba
- 109 Merrion Road, Panama City, Fl 32409 · $399,990 · 5 bd · 3 ba
- 382 Grafton Street, Panama City, Fl 32409 · $760,000 · 5 bd · 3 ba
- 1600 Marina Bay Drive 303, Panama City, Fl 32409 · $434,990 · 2 bd · 2 ba
- 207 Lake Merial Boulevard, Panama City, Fl 32409 · $545,000 · 4 bd · 3 ba
- 1600 Marina Bay Drive 301, Panama City, Fl 32409 · $675,000 · 3 bd · 3 ba
- 3170 Sawgrass Street, Panama City, Fl 32409 · $314,900 · 4 bd · 2 ba
- 229 Lake Merial Boulevard 52, Panama City, Fl 32409 · $504,013 · 4 bd · 3 ba
- 227 Lake Merial Boulevard 51, Panama City, Fl 32409 · $499,990 · 3 bd · 3 ba
- 3701 Cornelia Lane, Panama City, Fl 32409 · $549,000 · 4 bd · 3 ba
- 3123 Willie Drive, Panama City, Fl 32409 · $424,000 · 4 bd · 3 ba
- 817 Clement Drive, Panama City, Fl 32409 · $598,000 · 3 bd · 2 ba
- 3136 Rachel Place, Panama City, Fl 32409 · $305,000 · 4 bd · 2 ba
- 160 Confidence Way, Panama City, Fl 32409 · $510,000 · 4 bd · 3 ba
- 2303 Sondra Court, Panama City, Fl 32409 · $299,900 · 3 bd · 2 ba
- 4513 Silkwater Lane, Panama City, Fl 32409 · $534,400 · 4 bd · 2 ba
- 171 Grafton Street, Panama City, Fl 32409 · $405,000 · 4 bd · 3 ba
Homes for sale in 32409 by price
| Price band | For sale | Share |
|---|---|---|
| Under $200K | 2 | 5% |
| $200K–$300K | 3 | 7% |
| $300K–$400K | 11 | 26% |
| $400K–$500K | 12 | 29% |
| $500K–$750K | 10 | 24% |
| $750K+ | 4 | 10% |
Communities in 32409 with the most homes for sale
- Hodges Bayou Plantation · 14 for sale · median $374,900
- Lake Merial · 7 for sale · median $499,990
- Fanning Bayou · 6 for sale · median $457,500
- Cedar Creek At Deerpoint Lake · 3 for sale · median $589,000
- Marina Bay Condo · 3 for sale · median $435,000
- Southport · 2 for sale · median $254,500
- Lake Merial · 2 for sale · median $802,000
- Northwoods · 1 for sale · median $299,900
- Conrad Pointe Estates · 1 for sale · median $549,000
- Atlantis Park · 1 for sale · median $179,900
- North Bay Estates One · 1 for sale · median $598,000
- Silvernail Heights · 1 for sale · median $282,000
How to read this
Counts and medians are from active MLS listings with a 32409 mailing ZIP as of September 24, 2026; property mix Single-family 90%, Condo 7%. 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, 32405. See also homes for sale in Bay County. More: Panama City condos, luxury homes in Panama City, new listings this week in Panama City.