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Homes for Sale in Panama City, FL 32403

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ZIP 32403 local snapshot

Panama City · Bay County · FL

Population

379

Median household income

$61,500

Homeownership rate

0.0%

Housing tenure

Owner-occupied 0.0% · Renter-occupied 100.0%

0.0% own

Owner-occupiedRenter-occupied

How ZIP 32403 compares to Bay County

Benchmarks use Census ACS data across 12 ZIP codes in Bay County.

Median home value

100% below the county average
ZIP 32403$0
Bay County average$319,417

Median household income

19% below the county average
ZIP 32403$61,500
Bay County average$75,534

Homeownership rate

100% below the county average
ZIP 324030.0%
Bay County average65.4%

Nearby ZIP code comparison

See how ZIP 32403 stacks up against neighboring areas by median home value and income.

ZIPAreaMedian home valueMedian income
32403Panama City—$61,500
32444Lynn Haven$292,700$89,508
32413Panama City Beach$384,000$76,010
32408Panama City$352,400$72,322
32401Panama City$207,000$49,901
32404Panama City$239,700$72,208

Source: U.S. Census Bureau ACS 5-year estimates · Data as of Sep 2026

Area profile

Population

311

Small population — treat as directional only

Median household income

$59,565

Median home value

$261,538

Median age

49

Households

151

Owner occupied

44.8%

Renter occupied

55.2%

Typical year built

1997

High school

21.6%

Associate degree

12.5%

Bachelor's degree

18.6%

Graduate degree

10.6%

Recent sales in Panama City, FL 32403

Homes sold (12 mo.)

1

Median sale price

$730,000

Public schools nearby

  • TYNDALL ACADEMY

    Elementary · 1.3 mi

  • EMBRY-RIDDLE AERONAUTICAL UNIVERSITY - TYNDALL AFB

    1.7 mi

  • GULF COAST STATE COLLEGE - TYNDALL AFB

    1.7 mi

  • TROY UNIVERSITY - TYNDALL AFB

    1.7 mi

  • PARKER ELEMENTARY SCHOOL

    Elementary · 3.9 mi