Forest Park Village
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · 114 homes for sale in 32405 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of October 2026, Forest Park Village in Panama City, FL has 1 home for sale. As of October 2026, the MLS records 20 closed sales in Forest Park Village in Panama City, FL since 2012, the most recent in July 2026.
| Location | Panama City, Bay County, FL · ZIP 32405 |
|---|---|
| Homes in the community | 23 (FL DOR 2025 assessment roll) |
| Years built | 1984–2023 (median 1985) |
| Typical living area | 1,797 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $250,000 |
| Owner-occupied (homestead) share | 58% |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Forest Park Village key facts,” movewithmomentum.com/neighborhoods/forest-park-village, data as of September 20, 2026.
Forest Park Village in Panama City currently shows very little in the way of active MLS listing or closing data, which is itself the headline: this is a thinly traded pocket of Bay County, not a high-volume subdivision. When a community trades this rarely, pricing gets set home by home rather than by a clear market curve, so comparable sales from just outside the immediate area often matter as much as anything happening inside it.
For a buyer, that means patience and a willingness to negotiate on individual home condition rather than expecting a tight, predictable price band. For a seller, it means the listing itself does a lot of the work — presentation, pricing discipline, and timing carry more weight here than they would in a community with steady turnover.
The 60-Second Overview
Forest Park Village sits within Panama City in Bay County, and current MLS activity for the community is limited enough that it behaves more like a quiet residential enclave than an actively churning subdivision.
County records show 4 qualified sales in Forest Park Village across 2024–2024, median $264,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Forest Park Village is best for.
Best for
- Buyers who have already identified a specific home in Forest Park Village and want it evaluated on its own condition and terms
- Buyers comfortable making decisions with limited comparable sales data and want an agent to build that picture from scratch
- Sellers who understand that in a low-volume community, presentation and pricing strategy matter more than market momentum
Probably not for
- Buyers who want a marketed amenity package as part of the purchase decision
- Buyers who prefer to rely on a well-established, high-volume price trend before making an offer
- Anyone expecting rapid turnover or a large pool of active comparables to shop against
The market around Forest Park Village
Forest Park Village is too small for its own price trend, so here is the market around it.
In ZIP 32405, 163 homes are on the market and 23% are under contract — a steady corner of Panama City.
Across Bay County, 2,515 homes are active and 528 pending (17% under contract).
In ZIP 32405 (Panama City), 697 homes closed in the last 12 months at a median of $280K, down 6.8% year over year, with a median 56 days on market. Right now 202 active and 86 pending listings — a balanced market. See the live ZIP 32405 housing market and the Bay County market.
ZIP and county figures describe the wider market, not Forest Park Village specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in Forest Park Village, Panama City
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Forest Park Village
Live MLS inventory for Forest Park Village. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Forest Park Village listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Forest Park Village Right Now (1)
All 1 active and pending Forest Park Village listings with a detail page, newest first, refreshed twice a day from the MLS.
- 112 Ridgecrest Court, Panama City, Fl 32405 · $250,000 · 2 bd / 2 ba · pending · listed Aug 1, 2026 · listed by Counts Real Estate Group
The Forest Park Village buying strategy.
If we were buying in Forest Park Village today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Forest Park Village.
A Community With Thin Data
No community amenities are identified from current MLS listings for Forest Park Village, which suggests this is a straightforward residential setting without a marketed clubhouse, pool, or similar shared feature — or at least nothing sellers have chosen to highlight recently. That does not mean the location lacks value; it means the value case here rests on the homes and the surrounding area rather than on amenity packages.
Because recent closing activity is limited, buyers should treat any single listing as its own case study rather than assuming it reflects a broader trend. Pulling a tighter, current comparable set at the time of an actual offer is the right move here, not leaning on a community-wide average that the data simply does not support yet.
The location and the amenities are priced into every listing in Forest Park Village. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with sparse listing history, the value an agent adds is less about reciting a market trend and more about digging into the specific home, pulling relevant nearby comparables, and knowing which details in a Forest Park Village listing are worth negotiating on. That is the work we do before we ever suggest a number.
Forest Park Village in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Forest Park Village buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Forest Park Village sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Forest Park Village, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Forest Park Village home worth?
Get a no-obligation home value based on real comparable sales in Forest Park Village, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City →
20% of homes for sale in ZIP 32405 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
Frequently Asked Questions
How many homes are in Forest Park Village?
What share of Forest Park Village is owner-occupied?
When were the homes in Forest Park Village built?
Who is the best real estate agent for Forest Park Village?
How do I find a top Panama City real estate agent who knows Forest Park Village?
Can Momentum Realty connect me with an agent for Forest Park Village?
Where is Forest Park Village, and what county is it in?
Should you buy in Forest Park Village?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32405)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (20 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Forest Park Village fits the bigger picture — live prices, inventory, and Momentum Scores:
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