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32411 housing market

ZIP code · Panama City · Bay

The median sale price in ZIP code 32411 was $475K in May 2026, down 24.3% year over year, measured across homes that actually closed that month (Redfin). The twelve months through May 2026 averaged $638K, firming from $482K across the twelve months before that. That puts prices 2.4% below the strongest twelve-month stretch on record here, which ended in Mar 2026 at $653K.

Buyers had 22 homes to choose from in May 2026, up 10.0% year over year (Redfin). 14 homes came to market in May 2026, down 6.7% year over year, against 8 closings. Homes that sold in May 2026 took a median of 61 days to go under contract, 74 days faster than this market's usual May pace.

ZIP code 32411 is a small market: 53 homes sold in the twelve months through May 2026. A single closing moves the monthly median here, so the averages above run over twelve months rather than three, and months-of-supply and bidding-competition readings are left to the charts below rather than summarized as a market verdict.

This page tracks 7 monthly housing series for ZIP code 32411 — median sale price, inventory (active), median days on market, homes sold, new listings, avg sale-to-list, and more — sourced from Redfin, running from Aug 2016 through May 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.

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Sources for 32411: Redfin. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.