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Homes for Sale in Panama City, FL

By , Co-Founder, Momentum Realty · Updated October 23, 2026

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241 homes are for sale in Panama City, FL as of 2026-10-23, with 178 more under contract. The median list price is $349,990, most homes list between $205K to $669K, and the median listing has been on the market 86 days. 45 homes came on the market this week.

Panama City, FL key facts
LocationBay County, FL
ZIP codes with their own page5
For sale right now241 active, 178 under contract
Asking prices$349,990, median · most homes $205K–$669K
Median days on market (active listings)86
New listings this week45

Listing counts and prices as of 2026-10-23; MLS data, refreshed nightly. Market figures describe homes, not residents. Cite as: Momentum Realty, “Panama City, FL key facts,” movewithmomentum.com/homes-for-sale/panama-city-fl/, data as of 2026-10-23.

241
Homes for sale
$349,990
Median list price
$205K to $669K
Typical range
86
Median days on market
45
New this week
178
Under contract
$2,391
Est. monthly cost at median

Newest homes for sale in Panama City

The most recently listed homes in Panama City, newest first, with photos. Each card opens the full listing with every photo, the community’s sales history and a tour request. Homes marked New listed in the last seven days.

7115 Thomas Drive 1803, Panama City, FL 32408, home for sale in Panama City
$1.35M New
3 bd · 3 ba · built 2001
7115 Thomas Drive 1803, Panama City, FL 32408, 32408
Hidden Dunes Condo
Listing courtesy of Think Real Estate
7505 Thomas Drive 1312B, home for sale in Panama City
$1.30M New
2 bd · 2 ba · built 2002
7505 Thomas Drive 1312B, 32408
En Soleil Condo
Listing courtesy of Beachy Beach Real Estate
14825 Front Beach Road 1904, home for sale in Panama City
$499,999 New
2 bd · 2 ba · built 2005
14825 Front Beach Road 1904, 32413
Sunrise Beach
Listing courtesy of Dalton Wade Inc
9900 S Thomas Drive 804, home for sale in Panama City
$474,900 New
2 bd · 3 ba · built 2007
9900 S Thomas Drive 804, 32408
Shores Of Panama
Listing courtesy of Coastal Palms Real Estate
4100 Marriott Drive 210, Panama City, FL 32408, home for sale in Panama City
$449,000 New
2 bd · 2 ba · built 2007
4100 Marriott Drive 210, Panama City, FL 32408, 32408
Reflections
Listing courtesy of Dalton Wade Inc
6505 Thomas Drive 202, home for sale in Panama City
$425,000 New
2 bd · 2 ba · built 1985
6505 Thomas Drive 202, 32408
Summerhouse Of P.C.
Listing courtesy of Dalton Wade Inc
6505 Thomas Drive 1008, home for sale in Panama City
$415,000 New
2 bd · 2 ba · built 1982
6505 Thomas Drive 1008, 32408
Summerhouse Of P.C.
Listing courtesy of LoKation Real Estate
6505 Thomas Drive 804, Panama City, FL 32408, home for sale in Panama City
$399,000 New
2 bd · 2 ba · built 1984
6505 Thomas Drive 804, Panama City, FL 32408, 32408
The Summerhouse Of P.C.
Listing courtesy of Counts Real Estate Group Inc
8743 Thomas Drive 1419, home for sale in Panama City
$368,900 New
1 bd · 2 ba · built 1984
8743 Thomas Drive 1419, 32408
The Summit
Listing courtesy of Fun Quest Vacation Rentals Corp
9900 S Thomas Drive 1612, home for sale in Panama City
$349,900 New
2 bd · 2 ba · built 2007
9900 S Thomas Drive 1612, 32408
Shores Of Panama
Listing courtesy of Ohana Real Estate Services
6901 N Lagoon Drive 10, Panama City, FL 32408, home for sale in Panama City
$337,500 New
2 bd · 3 ba · built 1974
6901 N Lagoon Drive 10, Panama City, FL 32408, 32408
Palisades Condo
Listing courtesy of Dalton Wade Inc
4272 Kingfish Lane 272, Panama City, FL 32408, home for sale in Panama City
$330,000 New
1 bd · 1 ba · built 1980
4272 Kingfish Lane 272, Panama City, FL 32408, 32408
Bay Point Studio Villas
Listing courtesy of Emerald Coastal Inc
8743 Thomas Drive 1408, home for sale in Panama City
$325,000 New
1 bd · 2 ba · built 1984
8743 Thomas Drive 1408, 32408
The Summit
Listing courtesy of Fun Quest Vacation Rentals Corp
9860 S Thomas Drive 109, home for sale in Panama City
$324,900 New
3 bd · 2 ba · built 2008
9860 S Thomas Drive 109, 32408
Laketown Wharf
Listing courtesy of Coastal Living Realty & Associates
100 Cherry Street 501, Panama City, FL 32401, home for sale in Panama City
$310,000 New
2 bd · 2 ba · built 1975
100 Cherry Street 501, Panama City, FL 32401, 32401
Cove Condominium
Listing courtesy of Coldwell Banker Realty
4286 Kingfish Lane 286, Panama City, FL 32408, home for sale in Panama City
$299,900 New
1 bd · 1 ba · built 1980
4286 Kingfish Lane 286, Panama City, FL 32408, 32408
Bay Point Studio Villas
Listing courtesy of Emerald Coastal Inc
100 Cherry Street 406, Panama City, FL 32401, home for sale in Panama City
$289,000 New
2 bd · 2 ba · built 1975
100 Cherry Street 406, Panama City, FL 32401, 32401
Cove Condominium
Listing courtesy of Realty One Group Emerald Coast
9860 S Thomas Drive 119, home for sale in Panama City
$250,000 New
1 bd · 2 ba · built 2008
9860 S Thomas Drive 119, 32408
Laketown Wharf
Listing courtesy of Beachy Beach Real Estate
4726 Bay Point Road D140, Panama City, FL 32408, home for sale in Panama City
$240,000 New
1 bd · 1 ba · built 1981
4726 Bay Point Road D140, Panama City, FL 32408, 32408
Bay Point Harbour Villas
Listing courtesy of Salty Marlin Realty LLC
4725 Bay Point Road 154, Panama City, FL 32408, home for sale in Panama City
$225,000 New
1 bd · 1 ba · built 1974
4725 Bay Point Road 154, Panama City, FL 32408, 32408
Bay Point Studio Villas
Listing courtesy of Beach Haven Realty
17670 Front Beach Road D3, Panama City, FL 32413, home for sale in Panama City
$225,000 New
1 bd · 1 ba · built 1984
17670 Front Beach Road D3, Panama City, FL 32413, 32413
Southwind Condo.
Listing courtesy of Hitchcock Real Estate LLC
9902 S Thomas Drive 636, home for sale in Panama City
$225,000 New
1 bd · 2 ba · built 2007
9902 S Thomas Drive 636, 32408
Laketown Wharf
Listing courtesy of Coastal Palms Real Estate
9902 S Thomas Drive 237, home for sale in Panama City
$225,000 New
1 bd · 2 ba · built 2007
9902 S Thomas Drive 237, 32408
Laketown Wharf
Listing courtesy of Coastal Palms Real Estate
115 N Larry Drive, Panama City, FL 32404, home for sale in Panama City
$220,000 New
3 bd · 2 ba · built 2019
115 N Larry Drive, Panama City, FL 32404, 32404
Parkway Manor
Listing courtesy of Realty One of Northwest Florida LLC

Panama City homes for sale by price

Every active listing in Panama City grouped by price, with the newest listings in each band. The median is $349,990; the busiest band is $300K – $400K.

Under $200K: 23 homes

$200K – $300K: 60 homes

$300K – $400K: 67 homes

$400K – $500K: 41 homes

$500K – $750K: 32 homes

$750K – $1M: 10 homes

$1M and up: 8 homes

Every home for sale in Panama City right now (241)

All 241 active Panama City listings with a detail page, newest first, refreshed twice a day from the MLS.

Showing the newest 150 of 241; the price bands above and the map cover the rest.

Homes for sale in Panama City by ZIP code

Where the inventory is: active listings and the median asking price by ZIP. ZIPs link to their housing scorecard.

ZIPHomes for saleMedian list price
32408196$359,900
3240122$229,500
324139$520,000
324095$434,990
324044$114,000
324073$549,000
324052$189,000

Panama City communities with the most homes for sale

The Panama City neighborhoods and subdivisions with active listings, the median asking price in each, and what homes there actually sold for over the last 12 months. Community names open the community guide with live inventory, sales history, HOA and schools.

CommunityFor saleMedian listMedian sold (12 mo)Days on market
Laketown Wharf41$349,000——
Liberty41$307,000——
Titus Park29$350,000——
Parkbrook28$310,991——
Shores Of Panama22$382,500——
Sweetbay22$527,500——
College Station20$402,600——
Sunrise At East Bay15$282,925——
Highland City14$282,450——
Holiday Beach13$549,900——
Hodges Bayou Plantation13$374,900——
Bridge Harbor12$349,450——
Boardwalk Central10$478,000——
Villas Of St. Thomas10$299,500——
Kings Point9$656,455——
Lake Merial9$524,990——
Sunbird Condo9$309,300——
Venetian Villa9$279,900——
Emerald Pointe Resort7$204,900——
Reflections7$449,000——
Sudduths7$298,000——
Biltmore Beach7$419,000——
Morningside7$309,900——
Springfield7$157,900——
Sunrise Beach7$520,000——
Callaway Point6$377,000——
East Bay Park6$374,950——
Bay Point6$1.11M——
Fanning Bayou6$457,500——
Harvey Heights6$295,990——

What is for sale in Panama City: property types

Another 637 listings in Panama City are land, commercial or other non-residential property and are not counted above.

Browse by type: Condos for sale in Panama City (221) · Manufactured and Mobile Homes for sale in Panama City (20).

What a home in Panama City costs to own

Take the median $349,990 listing with 20% down at today’s 7.32% 30-year rate: principal and interest run about $1,923/month. Bay County’s typical millage of 12.28 puts property tax near $3,683/year after the $50,000 homestead exemption — and that is the reset bill a buyer pays, not the seller’s capped one. Citizens’ average premium in Bay County is about $1,928/year; newer roofs and inland addresses usually quote below it. All in, plan on roughly $2,391/month plus any HOA or CDD assessment.

Communities buyers are searching in Panama City. The Panama City community pages people are opening from Google right now: Sweetwater Village N · Cedar Creek Chase.

Explore Panama City

Homes for sale near Panama City

Recently off market in Panama City

Homes in Panama City that left the market most recently, with their last list price and a public-record page for each address. Off-market pages keep the community, tax and sales-history context after a listing closes or expires.

Panama City guides & data

Everything we publish about Panama City: live listings by type, prices and market data, taxes, insurance and what it costs to live here.

Common questions

How many homes are for sale in Panama City, FL?
As of 2026-10-23, Momentum's MLS record shows 241 residential homes actively listed for sale in Panama City and 178 under contract. 45 of them came on the market in the last 7 days.
What is the median home price in Panama City?
The median list price of homes for sale in Panama City is $349,990. Ten percent of listings are under $205K and ten percent are above $669K.
How long do homes take to sell in Panama City?
Homes currently listed have been on the market a median of 86 days.
What does a $349,990 home in Panama City cost per month?
Roughly $2,391 a month with 20% down at 7.32%: principal and interest of $1,923, Bay County property tax of about $307/month after the $50,000 homestead exemption, and insurance near $161/month at the Citizens county average. HOA or CDD fees, where they apply, come on top.
Which Panama City neighborhoods have the most homes for sale?
The communities with the most active listings right now are Laketown Wharf (41), Liberty (41), Titus Park (29), Parkbrook (28), Shores Of Panama (22). Each community page carries its own sales history, live inventory and schools.
How do I see a home for sale in Panama City?
Every listing on this page opens a full page with all photos, the community's data and a tour request. A Momentum agent who works Panama City can show any home here, whether it is our listing or another brokerage's, at no cost to a buyer. Call (904) 351-6461 or use the form below.
Where is Panama City, FL, and what county is it in?
Panama City is in Bay County, Florida. Homes for sale there today carry the ZIP codes 32408, 32401, 32413, 32409, 32404, 32407, 32405. Nearby cities in the same county with homes for sale: Panama City Beach, Mexico Beach.
What ZIP codes are in Panama City, FL?
Listings in Panama City are currently in 7 ZIP codes: 32408, 32401, 32413, 32409, 32404, 32407, 32405. The ZIP table above shows how many homes are for sale in each and the median asking price.
How do I buy a house in Panama City, FL?
Start with the numbers: 241 homes are for sale in Panama City today at a median asking price of $349,990, so a 20% down payment on the median home is about $69,998 and principal and interest run near $1,923/month at today's 7.32% 30-year rate. Get pre-approved first, sign a written buyer agreement with your agent (required before touring since August 2024), then search by price band, ZIP or community above. Our Florida buyer closing-cost calculator itemizes the cash to close, and the Florida first-time buyer guide covers programs and down-payment help.
What county is Panama City in?
Panama City is in Bay County, Florida. Bay County's 12-month median sale price is $372K on 12 closings. Property tax, school zoning and permitting for Panama City run through Bay County.
Is Panama City a good place to live?
That depends on your budget, commute and the kind of home you want, so here is what the housing data says about Panama City: homes took a median 63 days to go under contract; new construction was 45% of sales; the communities with the most sales are Liberty, Titus Park, Sweetbay, Park Place. The market tracker, price bands and community pages on this site carry the full numbers.
Is Panama City in a flood zone?
Partly. Across 198 homes sampled in Panama City's largest communities, about 92% sit outside a FEMA Special Flood Hazard Area (Zone X) and about 8% are inside one (Zone A or AE), where a lender requires flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map; each community page here shows its own mix.

Listings, counts and prices are from Momentum Realty’s MLS record of active residential listings in Panama City as of 2026-10-23 and refresh as homes list and sell. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. The data relating to real estate for sale on this page comes in part from the Internet Data Exchange (IDX) program of the MLS(s) named above; listings held by brokerages other than Momentum Realty are marked with the listing brokerage’s name. Information is deemed reliable but not guaranteed. Estimates are not guarantees. Equal Housing Opportunity.

More communities in Panama City

Amigo Estates · Bayou Pointe Villas · Cedar Bluff One · Cooks Bayou Estates · Cove Harbor · Emmons · Gilbert Lake Estates U · Glen Haven · Hiland Park · Hinson & Blackmon · Lagoon Oaks · Maegan'S Ridge · Magnolia View · Mashburns 1 To Parker · Oak Lane · Oakwoods · Pine Hills · Pine Orchards Heights · Singleton Estates · Springlake · Sudduths · The Traditions · Tupelo Court · White Western

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