Panama City (32408) has an estimated 15,352 residents with 15,352 of those people in approximately 6,890 housing units. The 32408 zipcode contains 2,622 housing units that are owned with a mortgage or a loan, 1,413 housing units that are owned free and clear and 2,855 housing units that are renter occupied.

In Panama City (32408) the median listing price of $295,000 has inreased by $16,000 since 2018-10.

In 2018 the average percentage drop was 2.26% of original listing price.

Zip code 32408 is in the Panama City metropolitan area.
The median estimated home value in Panama City, FL (32408) is $240,800 as of 2018-10-31 . Home values here have declined by 1.01%.

In Panama City, FL (32408), values have dropped by -0.34 from when they peaked at $363,900 in 2006-Q1

The Zillow Market Health Index for Panama City, FL (32408) is 6.49. The corresponding state value is 8.04. This is 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.