32409, Panama City, FL Housing Market

ZIP code 32409's median home value is $376K, up 3.1% over the past year. Homes here sell in a median 78 days. Its PropertyIQ Score of 30 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

32409, Panama City, FL is one of nearly 20,000 U.S. ZIP codes that PropertyIQ analyzes with AI-powered demand signal scoring. ZIP-level analysis provides the most hyperlocal view of housing market dynamics available, measuring how demand within 32409 compares to the FL state average and identifying outperformance potential before it appears in price data.

South Atlantic ZIP codes benefit from sustained migration inflows, but hyperlocal performance varies widely between neighborhoods. PropertyIQ's ZIP-level scoring helps distinguish between ZIP codes riding a temporary wave and those with durable, block-by-block demand fundamentals. Within the South Atlantic, ZIP code 32409's PropertyIQ Score of 30 runs below the South Atlantic norm.

PropertyIQ distills four housing signals into a single 1 to 99 score for 32409, Panama City, FL at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score.

View 32409, Panama City, FL's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.