Panama City, 32405 Real Estate Overview


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Average Listing Price

  • $257,973
  • for week ending May 27
  • +$9,012
  • +3.6%
  • w-o-w

Median Sales Price

  • $120,000
  • Feb '15 - May '15
  • $14,750
  • -10.9%
  • y-o-y

Average Listing Price $257,973 +3.6% w-o-w
Median Sales Price $120,000 -10.9% y-o-y
Average Price/sqft $78 -3.7% y-o-y
Number of Sales 43 -46.2 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending May 27
w-o-w
32413 $518,910 +6.5%
32408 $307,158 +1.7%
32404 $206,516 +2.4%
32407 $316,583 -9.2%
32405 $257,973 +3.6%
Movers & Shakers Avg. listing price
Week ending May 27
w-o-w
32466 $338,466 +186.9%
32407 $316,583 -9.2%
32413 $518,910 +6.5%
32405 $257,973 +3.6%
32401 $199,336 +2.9%
View Bay County Home Prices Map

Summary for Panama City, 32405


The median sales price for homes in ZIP code 32405 in Panama City from Feb 15 to May 15 was $120,000 based on 43 sales. Compared to the same period one year ago, the median sales price decreased 10.9%, or $14,750, and the number of sales decreased 46.2%. Average price per square foot for homes in 32405 was $78, a decrease of 8.2% compared to the same period last year. There are currently 206 resale and new homes in ZIP code 32405 on Trulia, including 1 open house, as well as 112 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 32405 was $257,973 for the week ending May 27, which represents an increase of 3.6%, or $9,012, compared to the prior week. Popular ZIP codes in Panama City include 32404 and 32405, with average listing prices of $206,516 and $257,973.


District Type Grades Schools Students
Bay District Schools Public PK - 12 49 30,582
School Name School Type Grades Parent Rating
Lucille Moore Elementary School Public PK - 5
Covenant Christian School Private PK - 12
Hiland Park Elementary School Public PK - 5
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Stats & Trends
Homes for Sale in 32405
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