Updated May 2026 · Redfin · 3-month window
32409 Real Estate Market Update: Panama City, FL, May 2026
The latest housing-market numbers for ZIP code 32409 in Panama City, Florida, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $360K | • 0.0% | ▼ -7.2% |
| Days on market | 75 | ▼ -33.9% | • 0.0% |
| Homes for sale | 85 | ▼ -1.2% | ▼ -2.3% |
| Sale-to-list | 98.2% | ▲ +0.2% | ▼ -0.4% |
| Homes sold | 51 | ▲ +27.5% | ▲ +75.9% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 32409 numbers say
The 32409 ZIP in Panama City is cooling. The median sale price sits at $360,000, 7.2% below last year. The market has loosened: a typical listing now takes around 75 days to go under contract, with sellers getting 98.2% of list price.
Based on 51 recent sales, 32409 is currently an active market.
What this means if you sell in 32409
Use these figures to set expectations early. Lead a listing appointment with the median price and the 75-day pace, show the year-over-year direction, and frame 32409 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Panama City post →Frequently asked: the 32409 housing market
- What is the median home price in ZIP 32409 (Panama City, FL)?
- As of May 2026, the median sale price in ZIP 32409 is $360,000 (-7.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 32409 a buyer's or seller's market right now?
- ZIP 32409 is currently an active market, based on a 98.2% sale-to-list ratio, about 75 days on market for May 2026.
- How long do homes take to sell in ZIP 32409?
- A typical listing in 32409 goes under contract in about 75 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 32409 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.