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Homes for Sale in Panama City, FL 32409

1–10 of 10 results

Data Powered by Home Junction, Inc.

ZIP 32409 local snapshot

Panama City · Bay County · FL

Population

10,941

Median household income

$60,687

Median home value

$221,500

Homeownership rate

91.7%

Housing tenure

Owner-occupied 91.7% · Renter-occupied 8.3%

91.7% own

Owner-occupiedRenter-occupied

How ZIP 32409 compares to Bay County

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

Median home value

31% below the county average
ZIP 32409$221,500
Bay County average$319,417

Median household income

20% below the county average
ZIP 32409$60,687
Bay County average$75,534

Homeownership rate

40% above the county average
ZIP 3240991.7%
Bay County average65.4%

Nearby ZIP code comparison

See how ZIP 32409 stacks up against neighboring areas by median home value and income.

ZIPAreaMedian home valueMedian income
32409Panama City$221,500$60,687
32405Panama City$255,100$71,002
32401Panama City$207,000$49,901
32413Panama City Beach$384,000$76,010
32408Panama City$352,400$72,322
32407Panama City Beach$403,500$79,052

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

Area profile

Population

9,169

Median household income

$61,797

Median home value

$392,713

Median age

44

Households

3,507

Owner occupied

91.1%

Renter occupied

8.9%

Typical year built

2001

High school

32.4%

Associate degree

8.7%

Bachelor's degree

15.9%

Graduate degree

8.6%

Recent sales in Panama City, FL 32409

Homes sold (12 mo.)

224

Median sale price

$324,900

Median $/sq ft

$162/sq ft

Public schools nearby

  • GULF COAST STATE COLLEGE - NORTH BAY CAMPUS

    2.0 mi

  • SOUTHPORT ELEMENTARY SCHOOL

    Elementary · 3.4 mi

32409, FL Housing Market Summary

Current MLS market statistics for active listings in this area.

Active listings10
New listings last 30 days1
Median list price$396,500
Median price per sq ft$187
List price range$311,790 - $1,069,100
Median bedrooms4
Median bathrooms3
Median living area2,286 sq ft