Zip Code: 32407 (Panama City Beach, 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 32407 Zip Code (Panama City Beach, Florida) in February 2026 was $394,052.454. The month over month percentage change (MoM) was 0.29%, and the year over year percentage change (YoY) was -6.06%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 32407 zip code (Panama City Beach, Florida). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 32407 zip code (Panama City Beach, 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: 32407 (Panama City Beach, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 32407 (Panama City Beach, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 210116.08214128672 0.72 6.37
Feb 2015 211381.12192229656 0.60 6.06
Mar 2015 212176.38132580425 0.38 5.34
Apr 2015 213182.25265305434 0.47 4.83
May 2015 213818.8021279932 0.30 4.42
Jun 2015 214379.91882824185 0.26 4.33
Jul 2015 214924.92590172682 0.25 4.38
Aug 2015 216082.50664983306 0.54 4.77
Sep 2015 217509.58486785647 0.66 5.35
Oct 2015 219246.60347503689 0.80 6.17
Nov 2015 221141.79962960246 0.86 6.74
Dec 2015 223050.81893948372 0.86 6.92
Jan 2016 224576.35805737865 0.68 6.88
Feb 2016 225265.15184434794 0.31 6.57
Mar 2016 225577.23331315242 0.14 6.32
Apr 2016 226073.93573763783 0.22 6.05
May 2016 226830.1526853177 0.33 6.09
Jun 2016 227768.48651220932 0.41 6.25
Jul 2016 228462.2990303409 0.31 6.30
Aug 2016 228998.498641341 0.24 5.98
Sep 2016 229618.80511502814 0.27 5.57
Oct 2016 230160.68198342007 0.24 4.98
Nov 2016 230502.62902086368 0.15 4.23
Dec 2016 230288.28982041826 -0.09 3.25
Jan 2017 229907.30071218926 -0.16 2.37
Feb 2017 229797.5520661571 -0.05 2.01
Mar 2017 230118.11671937842 0.14 2.01
Apr 2017 230969.961154761 0.37 2.17
May 2017 232010.66261978468 0.45 2.28
Jun 2017 233614.66338683615 0.69 2.57
Jul 2017 235249.8474545013 0.70 2.97
Aug 2017 237033.6695636552 0.76 3.51
Sep 2017 238612.18954021882 0.67 3.92
Oct 2017 240077.52158467405 0.61 4.31
Nov 2017 241162.67446988795 0.45 4.63
Dec 2017 241801.14900398892 0.27 5.00
Jan 2018 242273.10983091392 0.20 5.38
Feb 2018 242906.75982701764 0.26 5.71
Mar 2018 244318.39745075302 0.58 6.17
Apr 2018 246462.51914741518 0.88 6.71
May 2018 248966.7311615872 1.02 7.31
Jun 2018 251265.0320997821 0.92 7.56
Jul 2018 253764.96083549445 1.00 7.87
Aug 2018 256277.24794025524 0.99 8.12
Sep 2018 259092.68570402768 1.10 8.58
Oct 2018 261850.87019510914 1.07 9.07
Nov 2018 265043.7350120558 1.22 9.90
Dec 2018 268011.40339914657 1.12 10.84
Jan 2019 269407.85422234546 0.52 11.20
Feb 2019 269240.5401192321 -0.06 10.84
Mar 2019 268690.5335876939 -0.20 9.98
Apr 2019 268908.9128569639 0.08 9.11
May 2019 270040.8168027562 0.42 8.47
Jun 2019 271689.7636630949 0.61 8.13
Jul 2019 273817.71733570244 0.78 7.90
Aug 2019 276314.86861315387 0.91 7.82
Sep 2019 278713.088334247 0.87 7.57
Oct 2019 281478.8606833206 0.99 7.50
Nov 2019 284550.8271556184 1.09 7.36
Dec 2019 287596.8561682928 1.07 7.31
Jan 2020 291212.42822866066 1.26 8.09
Feb 2020 294608.6388602107 1.17 9.42
Mar 2020 297794.8296111578 1.08 10.83
Apr 2020 299440.54170879 0.55 11.35
May 2020 299531.432978962 0.03 10.92
Jun 2020 299345.25447768363 -0.06 10.18
Jul 2020 299402.734872838 0.02 9.34
Aug 2020 300518.26436289825 0.37 8.76
Sep 2020 302284.27119450725 0.59 8.46
Oct 2020 304653.34840265155 0.78 8.23
Nov 2020 307777.93432189175 1.03 8.16
Dec 2020 310792.583823564 0.98 8.07
Jan 2021 314371.4934691436 1.15 7.95
Feb 2021 318357.1700647126 1.27 8.06
Mar 2021 322812.29778797005 1.40 8.40
Apr 2021 327115.58893980633 1.33 9.24
May 2021 331904.1253470801 1.46 10.81
Jun 2021 338272.0805171525 1.92 13.00
Jul 2021 346558.78783827956 2.45 15.75
Aug 2021 355778.054870411 2.66 18.39
Sep 2021 364995.90412672696 2.59 20.75
Oct 2021 373565.71410874627 2.35 22.62
Nov 2021 382155.30475223373 2.30 24.17
Dec 2021 389991.7875344919 2.05 25.48
Jan 2022 398636.41074131447 2.22 26.80
Feb 2022 408376.3734604982 2.44 28.28
Mar 2022 420221.99971289746 2.90 30.18
Apr 2022 432334.809541394 2.88 32.17
May 2022 443821.6344271844 2.66 33.72
Jun 2022 453693.39286218205 2.22 34.12
Jul 2022 459968.4972096618 1.38 32.73
Aug 2022 461300.90001150896 0.29 29.66
Sep 2022 459157.8270260552 -0.46 25.80
Oct 2022 457283.39390544995 -0.41 22.41
Nov 2022 456443.130735086 -0.18 19.44
Dec 2022 455853.793172729 -0.13 16.89
Jan 2023 454149.56584255496 -0.37 13.93
Feb 2023 453213.0247184146 -0.21 10.98
Mar 2023 452103.863299595 -0.24 7.59
Apr 2023 452227.75296625757 0.03 4.60
May 2023 452153.2315319697 -0.02 1.88
Jun 2023 453221.0255756558 0.24 -0.10
Jul 2023 453299.79727001215 0.02 -1.45
Aug 2023 453300.31053561607 0.00 -1.73
Sep 2023 452614.95190687006 -0.15 -1.42
Oct 2023 452073.8712902938 -0.12 -1.14
Nov 2023 451096.75707242964 -0.22 -1.17
Dec 2023 450418.86062044813 -0.15 -1.19
Jan 2024 450447.6255455199 0.01 -0.81
Feb 2024 450735.9944063442 0.06 -0.55
Mar 2024 450022.89528731635 -0.16 -0.46
Apr 2024 447498.952478159 -0.56 -1.05
May 2024 443716.68392702116 -0.84 -1.87
Jun 2024 438675.64770825935 -1.14 -3.21
Jul 2024 433973.7539665737 -1.07 -4.26
Aug 2024 430111.65669158445 -0.89 -5.12
Sep 2024 427433.52339845436 -0.62 -5.56
Oct 2024 425401.5677695195 -0.47 -5.90
Nov 2024 423390.38032963994 -0.47 -6.14
Dec 2024 421944.607121412 -0.34 -6.32
Jan 2025 420877.5946274914 -0.25 -6.56
Feb 2025 419481.69689697237 -0.33 -6.93
Mar 2025 417490.10117920744 -0.47 -7.23
Apr 2025 414886.18133815186 -0.62 -7.29
May 2025 412065.06311574345 -0.68 -7.13
Jun 2025 408457.2922396788 -0.88 -6.89
Jul 2025 403870.82459250494 -1.12 -6.94
Aug 2025 399294.17469699733 -1.13 -7.16
Sep 2025 396098.0938405736 -0.80 -7.33
Oct 2025 394356.85267435835 -0.44 -7.30
Nov 2025 393063.20100314537 -0.33 -7.16
Dec 2025 392305.8388717775 -0.19 -7.02
Jan 2026 392928.9935414702 0.16 -6.64
Feb 2026 394052.45364995353 0.29 -6.06