Zip Code: 32405 (Panama City, Florida) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 32405 Zip Code (Panama City, Florida) in February 2026 was $291,294.106. The month over month percentage change (MoM) was 0.74%, and the year over year percentage change (YoY) was -2.08%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 32405 zip code (Panama City, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 32405 zip code (Panama City, Florida).

You can see similar information for other Florida zip codes, and for Florida.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 32405 (Panama City, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 32405 (Panama City, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 153756.68266099342 0.30 3.75
Feb 2015 154556.83190267225 0.52 3.07
Mar 2015 155319.34923062552 0.49 2.23
Apr 2015 156202.90553564593 0.57 1.86
May 2015 156866.8075538662 0.43 1.85
Jun 2015 157550.23124500923 0.44 2.21
Jul 2015 158510.35938964435 0.61 2.72
Aug 2015 159549.05518761402 0.66 3.40
Sep 2015 160377.12775041207 0.52 4.03
Oct 2015 160832.534104848 0.28 4.74
Nov 2015 161086.58880612932 0.16 5.17
Dec 2015 161688.6547182532 0.37 5.48
Jan 2016 162401.85283681474 0.44 5.62
Feb 2016 163134.7477586117 0.45 5.55
Mar 2016 163902.75727778208 0.47 5.53
Apr 2016 165130.66791625193 0.75 5.72
May 2016 166405.1920359033 0.77 6.08
Jun 2016 167579.46505081747 0.71 6.37
Jul 2016 168384.0612408635 0.48 6.23
Aug 2016 169373.9271698777 0.59 6.16
Sep 2016 170231.8340525994 0.51 6.15
Oct 2016 170614.65146121118 0.23 6.08
Nov 2016 170428.41832549477 -0.11 5.80
Dec 2016 169591.99065117328 -0.49 4.89
Jan 2017 168654.8792953938 -0.55 3.85
Feb 2017 168059.14481340558 -0.35 3.02
Mar 2017 168293.5724887327 0.14 2.68
Apr 2017 169627.48712986932 0.79 2.72
May 2017 171778.5290231671 1.27 3.23
Jun 2017 174120.75761159716 1.36 3.90
Jul 2017 176345.47553242033 1.28 4.73
Aug 2017 178125.6689871285 1.01 5.17
Sep 2017 179566.96008769027 0.81 5.48
Oct 2017 180265.95320413625 0.39 5.66
Nov 2017 180526.21829099502 0.14 5.93
Dec 2017 180713.94947060317 0.10 6.56
Jan 2018 180485.01526504382 -0.13 7.01
Feb 2018 180314.63889735067 -0.09 7.29
Mar 2018 180730.36993206505 0.23 7.39
Apr 2018 182341.62524931863 0.89 7.50
May 2018 184287.76052230012 1.07 7.28
Jun 2018 185981.4686851887 0.92 6.81
Jul 2018 187660.32737368086 0.90 6.42
Aug 2018 189221.98174545533 0.83 6.23
Sep 2018 190751.50921540402 0.81 6.23
Oct 2018 192108.12283578273 0.71 6.57
Nov 2018 193528.22801052243 0.74 7.20
Dec 2018 194346.27028183857 0.42 7.54
Jan 2019 193112.93201041184 -0.63 7.00
Feb 2019 189672.07166775313 -1.78 5.19
Mar 2019 185182.51048203206 -2.37 2.46
Apr 2019 181935.04074713695 -1.75 -0.22
May 2019 180736.02909880117 -0.66 -1.93
Jun 2019 181332.2603783574 0.33 -2.50
Jul 2019 182274.91534504015 0.52 -2.87
Aug 2019 183304.55952085133 0.56 -3.13
Sep 2019 183977.53441649102 0.37 -3.55
Oct 2019 185047.7640237783 0.58 -3.67
Nov 2019 186753.96152502645 0.92 -3.50
Dec 2019 189323.85412510415 1.38 -2.58
Jan 2020 193290.50810731621 2.10 0.09
Feb 2020 197785.17613382425 2.33 4.28
Mar 2020 202123.9271385919 2.19 9.15
Apr 2020 205246.6934329986 1.55 12.81
May 2020 207052.0196602051 0.88 14.56
Jun 2020 208556.44919378523 0.73 15.01
Jul 2020 210186.69548947012 0.78 15.31
Aug 2020 212520.75909689258 1.11 15.94
Sep 2020 215312.43032375313 1.31 17.03
Oct 2020 218436.6734733356 1.45 18.04
Nov 2020 221419.92531347266 1.37 18.56
Dec 2020 223992.4297484085 1.16 18.31
Jan 2021 227069.8771510199 1.37 17.48
Feb 2021 230397.98231703162 1.47 16.49
Mar 2021 233840.3411076049 1.49 15.69
Apr 2021 236340.51132136708 1.07 15.15
May 2021 238610.8601592116 0.96 15.24
Jun 2021 240659.51171440736 0.86 15.39
Jul 2021 242107.2799782939 0.60 15.19
Aug 2021 242770.39988414923 0.27 14.23
Sep 2021 243262.9873964504 0.20 12.98
Oct 2021 244372.58262935662 0.46 11.87
Nov 2021 246550.07549943565 0.89 11.35
Dec 2021 248756.33807281972 0.90 11.06
Jan 2022 252497.34118950044 1.50 11.20
Feb 2022 257581.1155272529 2.01 11.80
Mar 2022 264098.5536890402 2.53 12.94
Apr 2022 269912.43877620995 2.20 14.21
May 2022 274430.6282482112 1.67 15.01
Jun 2022 278229.4795542905 1.38 15.61
Jul 2022 281073.12246736884 1.02 16.09
Aug 2022 282838.1053774133 0.63 16.50
Sep 2022 283652.1009167267 0.29 16.60
Oct 2022 284536.00745570887 0.31 16.43
Nov 2022 285649.812603824 0.39 15.86
Dec 2022 286502.7172136342 0.30 15.17
Jan 2023 286966.83967117156 0.16 13.65
Feb 2023 287960.67371274217 0.35 11.79
Mar 2023 289518.46961379953 0.54 9.63
Apr 2023 291255.9572137594 0.60 7.91
May 2023 292229.50859507034 0.33 6.49
Jun 2023 292824.84856532287 0.20 5.25
Jul 2023 293292.71818696073 0.16 4.35
Aug 2023 293889.28421899356 0.20 3.91
Sep 2023 293906.6146504066 0.01 3.62
Oct 2023 293817.9360292952 -0.03 3.26
Nov 2023 293766.0570651881 -0.02 2.84
Dec 2023 294450.25456201524 0.23 2.77
Jan 2024 295907.2530501617 0.50 3.12
Feb 2024 298175.38962386985 0.77 3.55
Mar 2024 300378.74318621116 0.74 3.75
Apr 2024 301575.4088722141 0.40 3.54
May 2024 301208.7891665124 -0.12 3.07
Jun 2024 299538.803299413 -0.55 2.29
Jul 2024 297774.6903001429 -0.59 1.53
Aug 2024 296461.09786745405 -0.44 0.88
Sep 2024 295646.9725549639 -0.28 0.59
Oct 2024 294972.7289475592 -0.23 0.39
Nov 2024 294513.0818746704 -0.16 0.25
Dec 2024 294904.13692629547 0.13 0.15
Jan 2025 296234.33878847974 0.45 0.11
Feb 2025 297477.81801712885 0.42 -0.23
Mar 2025 297858.0830523838 0.13 -0.84
Apr 2025 296636.7053728016 -0.41 -1.64
May 2025 294985.2720337465 -0.56 -2.07
Jun 2025 293259.12891774013 -0.58 -2.10
Jul 2025 291867.8023828143 -0.47 -1.98
Aug 2025 290500.4915445751 -0.47 -2.01
Sep 2025 289308.6476371633 -0.41 -2.14
Oct 2025 288495.7742339129 -0.28 -2.20
Nov 2025 288157.02148743067 -0.12 -2.16
Dec 2025 288122.88815970253 -0.01 -2.30
Jan 2026 289161.38775279163 0.36 -2.39
Feb 2026 291294.106146756 0.74 -2.08