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Data Powered by Home Junction, Inc.
Panama City · Bay County · FL
Population
18,326
Median household income
$72,322
Median home value
$352,400
Homeownership rate
68.2%
Housing tenure
Owner-occupied 68.2% · Renter-occupied 31.8%
68.2% own
Benchmarks use Census ACS data across 12 ZIP codes in Bay County.
Median home value
10% above the county averageMedian household income
near the county averageHomeownership rate
near the county averageSee how ZIP 32408 stacks up against neighboring areas by median home value and income.
Source: U.S. Census Bureau ACS 5-year estimates · Data as of Sep 2026
Population
17,449
Median household income
$75,360
Median home value
$509,848
Median age
44
Households
8,217
Owner occupied
71.5%
Renter occupied
28.5%
Typical year built
1995
High school
19.0%
Associate degree
14.4%
Bachelor's degree
28.1%
Graduate degree
14.3%
Homes sold (12 mo.)
832
Median sale price
$385,000
Median $/sq ft
$305/sq ft
LUCILLE MOORE ELEMENTARY SCHOOL
Elementary · 1.3 mi
ST. ANDREW SCHOOL AT OAKLAND TERRACE
Elementary · 1.3 mi
RISING LEADERS ACADEMY
Elementary · 1.4 mi
GULF COAST STATE COLLEGE - PANAMA CITY CAMPUS
1.7 mi
FLORIDA STATE UNIVERSITY - PANAMA CITY CAMPUS
1.8 mi
Current MLS market statistics for active listings in this area.
| Active listings | 162 |
|---|---|
| New listings last 30 days | 19 |
| Median list price | $449,500 |
| Median price per sq ft | $330 |
| List price range | $268,100 - $1,403,500 |
| Median bedrooms | 3 |
| Median bathrooms | 2 |
| Median living area | 1,546 sq ft |