Panama City (32405) has an estimated 29,980 residents with 29,347 of those people in approximately 12,297 housing units. The 32405 zipcode contains 4,450 housing units that are owned with a mortgage or a loan, 2,587 housing units that are owned free and clear and 5,260 housing units that are renter occupied.

In Panama City (32405) the median listing price of $250,000 has risen by $8,000 since 2018-10.

In 2018 the average percentage drop was 2.78% of original listing price.

Zip code 32405 is in the Panama City metropolitan area.
The median estimated home value in Panama City, FL (32405) is $172,700 as of 2018-10-31

In Panama City, FL (32405), values have dropped by -0.08 from when they peaked at $187,700 in 2006-Q3

The Zillow Market Health Index for Panama City, FL (32405) is 4.94. The corresponding state value is 8.04. This is significantly lower than the overall Market Health Index of Florida.
Metro value is 6.90.
This is lower than the overall Market Health Index of PanamaCity.