Aerial view of Panama Park

Panama Park
Homes for Sale in Decatur, GA

All 405 homes for sale in Decatur, GA · median $275,900 · 255 homes for sale in 30032

Community in Decatur · DeKalb County · ZIP 30032
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Built fromLive Georgia MLS data2 years of closingsUpdated twice daily

Nearby homes for sale

No active listings inside Panama ParkHomes for Sale in Decatur, GA right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

3806 London Drive
$199K · 0.3 mi away
2 bd · 2.5 ba · 1,200 sqft
3806 London Drive
Listed by Beycome Brokerage Realty LLC
878 Porter Ridge Lane #LOT 3
$375K · 0.4 mi away
3 bd · 2.5 ba · 1,857 sqft
878 Porter Ridge Lane #LOT 3
Listed by McKinley Properties LLC
876 Porter Ridge Lane #LOT 4
$380K · 0.4 mi away
3 bd · 2.5 ba · 1,918 sqft
876 Porter Ridge Lane #LOT 4
Listed by McKinley Properties LLC
872 Porter Ridge Lane #LOT 6
$400K · 0.4 mi away
3 bd · 2.5 ba · 1,918 sqft
872 Porter Ridge Lane #LOT 6
Listed by McKinley Properties LLC
3672 Turner Heights Drive
$175K · 0.4 mi away
3 bd · 2 ba · 1,118 sqft
3672 Turner Heights Drive
Listed by Mainstay Brokerage
3581 TURNER HEIGHTS Drive
$360K · 0.5 mi away
4 bd · 2.5 ba · 2,050 sqft
3581 TURNER HEIGHTS Drive
Listed by Georgia Real Estate & Investment

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

As of September 2026, the MLS records 3 closed sales in Panama Park in Decatur, GA since 2024, the most recent in July 2025. Across Decatur as a whole, 939 homes closed in the last 12 months at a median of $299,900, 38 median days on market, with 290 homes for sale today. At that median and DeKalb County's 2025 rate of 34.42 mills, annual property tax runs about $4,130.

The market around Panama Park

Panama Park is too small for its own price trend, so here is the market around it.

In ZIP 30032, 304 homes are on the market and 14% are under contract — a slower corner of Decatur.

Across DeKalb County, 2,355 homes are active and 513 pending (18% under contract).

ZIP and county figures describe the wider market, not Panama Park specifically. Momentum Research analysis of MLS records.

Panama Park by the numbers

From county property records and closed MLS sales for the Panama Park subdivision: 6 homes on record; built 1954–1959; typical size about 1,222 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.

YearRecorded salesMedian price
20242$219,952
20251$300,000

Newest recorded sale: $300,000 on 2025-07-07.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

If we were buying in Panama Park today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Panama Park.

“

The location and the amenities are priced into every listing in Panama Park. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Panama Park homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Panama Park.
In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Panama Park sales matched to your home.

What is your Panama Park home worth?

Get a no-obligation home value based on real comparable sales in Panama Park, 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 Decatur →

Real comps, not an automated estimate.

Data sources & freshness

Under-contract sharesGeorgia MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2024 (3 transactions analyzed)

Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.

Momentum Research figures are our own analysis of Georgia 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 will price yours against live local comps — a real number, not an algorithm’s guess.

Looking to buy here? Search homes for sale →

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Common questions about Panama Park

Where is Panama Park?

Panama Park is a community in Decatur, DeKalb County, Georgia, ZIP 30032.

How many homes are in Panama Park?

County property records list 6 homes in Panama Park, built between 1954 and 1959; the typical home is about 1,222 heated square feet.

What do homes in Panama Park sell for?

Panama Park has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2025 (1 sale, median $300,000). For context, ZIP 30032 has 304 homes on the market with 14% under contract.

Are there homes for sale in Panama Park right now?

No active listings inside Panama Park at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Panama Park have an HOA or CDD?

No HOA is on record for Panama Park in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Panama Park with Momentum Realty’s local guides.

Winston0.3 mi away · 1 for salePRPorter Reserve0.4 mi away · median $422K, 8 sales/12 moCRCovington Road0.5 mi away · 1 for saleSFShamrock Forest0.5 mi away · 4 for saleKensingwood Trace0.5 mi away · 1 for saleMidco0.5 mi away · 1 for saleTHTurner Heights0.6 mi away · median $190K, 5 sales/12 moPPeachcrest0.6 mi away · 2 for sale

Browse all neighborhood guides →

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