Data Analysis
Homes in Panama City ZIP 32401 sold in a median 34 days from August to October 2026, against 72 to 76 days in the three Panama City Beach ZIPs and 114 days in Port St. Joe.
Our October Market Pulse ZIP heat map: 32401 at 34 days, Lynn Haven 37, Panama City Beach 72 to 76, Port St. Joe 114. Market Score fell to 20.
Homes in Panama City ZIP 32401 sold in a median 34 days over August to October 2026, the fastest pace of any ZIP in the Central Panhandle MLS footprint with at least 15 closings, according to the October edition of our Panama City Market Pulse. Lynn Haven 32444 followed at 37 days. The three Panama City Beach ZIPs, which closed 617 homes between them, took 72 to 76 days, and Port St. Joe 32456 took 114 days. Across the region, October's Momentum Market Score fell to 20 out of 100 from 34 in September. All figures come from the Market Pulse, computed by Momentum from Central Panhandle MLS records; information is deemed reliable but not guaranteed.
The completed-month median, days on market and closed sales are on the Panama City market data hub. This article looks at how pace differs by ZIP code across Bay County and its neighbors.
Which Panama City area ZIP codes sell fastest?
The Market Pulse heat map covers all residential closings (houses, condos and townhomes) from August through October 2026 in ZIPs with at least 15 sales.
| ZIP and place | Sales | Median days | Sold over list | Median price |
|---|---|---|---|---|
| 32401 Panama City | 78 | 34 | 6% | $245,000 |
| 32444 Lynn Haven | 77 | 37 | 8% | $320,000 |
| 32409 Southport | 68 | 42 | 10% | $349,495 |
| 32425 Bonifay | 19 | 46 | 11% | $219,900 |
| 32446 Marianna | 29 | 48 | 10% | $275,000 |
| 32428 Chipley | 95 | 49 | 11% | $235,000 |
| 32405 Panama City | 107 | 53 | 8% | $320,000 |
| 32466 Youngstown | 29 | 56 | 21% | $285,000 |
Source: Momentum Market Pulse, Panama City, October 2026 edition (trailing three months, all residential, Census ZCTA boundaries). Deemed reliable but not guaranteed.
The fast ZIPs share a price range. Every ZIP that sold in under 60 days had a median between $219,900 and $349,495. Youngstown 32466 sold 21% of its homes over the original asking price, the highest share in the table.
Which ZIP codes are slowest to sell?
| ZIP and place | Sales | Median days | Sold over list | Median price |
|---|---|---|---|---|
| 32459 Santa Rosa Beach | 17 | 64 | 0% | $587,000 |
| 32407 Panama City Beach | 156 | 72 | 4% | $374,000 |
| 32413 Panama City Beach | 268 | 73 | 6% | $443,000 |
| 32408 Panama City Beach | 193 | 76 | 5% | $410,000 |
| 32404 Panama City | 264 | 80 | 8% | $289,450 |
| 32456 Port St. Joe | 93 | 114 | 5% | $454,900 |
Source: Momentum Market Pulse, Panama City, October 2026 edition.
The beach ZIPs carry most of the volume. Panama City Beach 32413 logged 268 sales, the most of any ZIP in the table. Beach inventory includes many condos and second homes, which tend to sit longer. ZIP 32404, east of Panama City toward Tyndall Air Force Base, is the exception among the lower-priced ZIPs: a $289,450 median but 80 days to sell. Our article on homes near the Tyndall rebuild covers that area.
What changed across the region in October?
The Market Score, a 0 to 100 read that rests on two inputs for this feed, selling speed and the share closing over list price. It fell to 20 from 34, a "moderate buyer advantage" reading, as both weakened:
- Median days on market rose to 74 in October from 60 in September, after 61 days in both July and August.
- The share of closings over the original list price fell to 5.5% from 8.5%.
- Closings received a median 93.2% of the original list price.
The region recorded 493 closings in October at a median $326,790, and new construction made up 25% of them. Bay County accounted for 384 closings at a median $343,500 and 73 days.
What does ZIP-level pace mean for buyers and sellers?
A seller in 32401 or Lynn Haven has been closing in about five weeks; a seller in a Panama City Beach ZIP has been waiting about ten weeks, and in Port St. Joe nearly four months. Pricing and carrying costs differ to match. Our earlier piece on ZIP 32401 and the downtown St. Andrews infrastructure work covers that ZIP's listings, and Bay County listing tax bills covers what owners pay each year. The Florida seller net proceeds calculator runs the math on a specific price.
City pages: Panama City, Panama City Beach, Lynn Haven, Youngstown, Mexico Beach, Port St. Joe, Chipley, Bonifay, Marianna and Santa Rosa Beach.
People also ask
How long does it take to sell a house in Panama City, Florida? Over August to October 2026, homes in Panama City ZIP 32401 sold in a median 34 days and 32405 in 53 days, according to the Momentum Market Pulse. Across the whole Central Panhandle MLS region, October's median was 74 days.
How fast are Panama City Beach homes selling? The three Panama City Beach ZIPs (32407, 32408 and 32413) took a median 72 to 76 days from August to October 2026, across 617 closings.
Which Panama City area ZIP code sells fastest? ZIP 32401 in Panama City, at a median 34 days over August to October 2026, followed by Lynn Haven 32444 at 37 days and Southport 32409 at 42 days.
Is Panama City a buyer's market? The Momentum Market Score for the Central Panhandle was 20 out of 100 in October 2026, down from 34 in September, a reading the report labels a moderate buyer advantage.
Limitations
ZIP figures are trailing three months (August to October 2026), all residential property types combined, for ZIPs with at least 15 closings, using Census ZCTA boundaries; place names follow the report and a ZIP can cross city lines. This feed carries no year-earlier comparison, no property subtype on closed records and no active-listing or price-cut counts, so the Market Score uses fewer inputs than in other markets. Information is deemed reliable but not guaranteed.
Sources
- Momentum Market Pulse, Panama City, October 2026 edition, Momentum Research report built from Central Panhandle MLS records (listing information provided by the Central Panhandle Association of REALTORS), published November 10, 2026; every figure in this article is quoted from that report.
- Panama City market data hub, Momentum Research.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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