Zip Code: 32408 (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 32408 Zip Code (Panama City Beach, Florida) in February 2026 was $364,060.218. The month over month percentage change (MoM) was 0.24%, and the year over year percentage change (YoY) was -6.07%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 32408 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 32408 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: 32408 (Panama City Beach, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 32408 (Panama City Beach, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 187459.61835923864 0.54 6.23
Feb 2015 188206.12821033472 0.40 5.66
Mar 2015 188638.3608279008 0.23 4.72
Apr 2015 189454.8042554612 0.43 4.28
May 2015 190277.09531351403 0.43 4.11
Jun 2015 191138.1874291375 0.45 4.21
Jul 2015 191907.21156851118 0.40 4.08
Aug 2015 192943.43032407356 0.54 4.18
Sep 2015 194031.75534108514 0.56 4.51
Oct 2015 195503.92253191676 0.76 5.44
Nov 2015 197080.36134991466 0.81 6.19
Dec 2015 198678.1496142832 0.81 6.56
Jan 2016 199836.15493449694 0.58 6.60
Feb 2016 200538.92074130007 0.35 6.55
Mar 2016 200860.54477211987 0.16 6.48
Apr 2016 201181.5820282868 0.16 6.19
May 2016 201566.92643016693 0.19 5.93
Jun 2016 202169.06983599905 0.30 5.77
Jul 2016 202590.03914655687 0.21 5.57
Aug 2016 202953.78292677915 0.18 5.19
Sep 2016 203513.70905741476 0.28 4.89
Oct 2016 204227.3724138731 0.35 4.46
Nov 2016 204706.26060193373 0.23 3.87
Dec 2016 204488.28965286212 -0.11 2.92
Jan 2017 204098.58482963615 -0.19 2.13
Feb 2017 203961.24332735024 -0.07 1.71
Mar 2017 204197.2198065593 0.12 1.66
Apr 2017 205023.65518974827 0.41 1.91
May 2017 206147.48616997173 0.55 2.27
Jun 2017 207973.90963104853 0.89 2.87
Jul 2017 209751.10015819568 0.86 3.54
Aug 2017 211795.1924297995 0.98 4.36
Sep 2017 213798.7649160902 0.95 5.05
Oct 2017 215370.86821866655 0.74 5.46
Nov 2017 216274.88698779276 0.42 5.65
Dec 2017 216689.31790624745 0.19 5.97
Jan 2018 217165.98273942652 0.22 6.40
Feb 2018 218076.685067886 0.42 6.92
Mar 2018 219687.59126892182 0.74 7.59
Apr 2018 222149.49466736786 1.12 8.35
May 2018 224906.41514037468 1.24 9.10
Jun 2018 227475.02193035898 1.14 9.38
Jul 2018 230217.54794577308 1.21 9.76
Aug 2018 232703.57858870598 1.08 9.87
Sep 2018 235325.71770722236 1.13 10.07
Oct 2018 237795.40924133654 1.05 10.41
Nov 2018 240580.98877462605 1.17 11.24
Dec 2018 243095.53348542226 1.05 12.19
Jan 2019 244032.48780082012 0.39 12.37
Feb 2019 243408.09188596377 -0.26 11.62
Mar 2019 242259.32760576255 -0.47 10.27
Apr 2019 241961.64912329844 -0.12 8.92
May 2019 242599.99136872473 0.26 7.87
Jun 2019 243986.16382437755 0.57 7.26
Jul 2019 245613.68776431237 0.67 6.69
Aug 2019 247420.9850034772 0.74 6.33
Sep 2019 249079.2417532554 0.67 5.84
Oct 2019 251138.89657558812 0.83 5.61
Nov 2019 253587.36398075975 0.98 5.41
Dec 2019 256234.277434731 1.04 5.41
Jan 2020 259511.43350226068 1.28 6.34
Feb 2020 262745.45347465837 1.25 7.94
Mar 2020 265396.36919754604 1.01 9.55
Apr 2020 266469.537386329 0.40 10.13
May 2020 266207.8952046863 -0.10 9.73
Jun 2020 266251.39606827655 0.02 9.13
Jul 2020 266906.18008737307 0.25 8.67
Aug 2020 268852.3154149552 0.73 8.66
Sep 2020 271284.55310000264 0.91 8.91
Oct 2020 274300.5852674096 1.11 9.22
Nov 2020 277783.4928185887 1.27 9.54
Dec 2020 281469.02113284875 1.33 9.85
Jan 2021 285520.1584169389 1.44 10.02
Feb 2021 289903.66453815484 1.54 10.34
Mar 2021 294321.51350559504 1.52 10.90
Apr 2021 298689.2130634486 1.48 12.09
May 2021 303793.8029319367 1.71 14.12
Jun 2021 310481.9592729918 2.20 16.61
Jul 2021 318520.57201982435 2.59 19.34
Aug 2021 326533.87406053365 2.52 21.46
Sep 2021 333738.98402921023 2.21 23.02
Oct 2021 340467.7690207342 2.02 24.12
Nov 2021 347888.19765183906 2.18 25.24
Dec 2021 355366.57887074235 2.15 26.25
Jan 2022 363832.5026230795 2.38 27.43
Feb 2022 373284.084193413 2.60 28.76
Mar 2022 384460.6325187672 2.99 30.63
Apr 2022 396118.49557319167 3.03 32.62
May 2022 406826.6103594324 2.70 33.92
Jun 2022 416222.70773578115 2.31 34.06
Jul 2022 422122.3714258188 1.42 32.53
Aug 2022 423947.81095051736 0.43 29.83
Sep 2022 422616.26297205314 -0.31 26.63
Oct 2022 421068.63799259625 -0.37 23.67
Nov 2022 420313.89771840133 -0.18 20.82
Dec 2022 419977.215901386 -0.08 18.18
Jan 2023 419444.5654481344 -0.13 15.29
Feb 2023 419149.7780561068 -0.07 12.29
Mar 2023 418584.24032796174 -0.13 8.88
Apr 2023 418304.57360338577 -0.07 5.60
May 2023 418207.90923489194 -0.02 2.80
Jun 2023 418830.5826007745 0.15 0.63
Jul 2023 419023.9960277672 0.05 -0.73
Aug 2023 419004.17315647163 0.00 -1.17
Sep 2023 418233.6479560458 -0.18 -1.04
Oct 2023 417232.87006071204 -0.24 -0.91
Nov 2023 415617.2447438701 -0.39 -1.12
Dec 2023 414165.1483539422 -0.35 -1.38
Jan 2024 414015.50386577175 -0.04 -1.29
Feb 2024 414694.8731748443 0.16 -1.06
Mar 2024 415354.7470028267 0.16 -0.77
Apr 2024 413861.68688811595 -0.36 -1.06
May 2024 411162.02702705684 -0.65 -1.68
Jun 2024 406633.86884832755 -1.10 -2.91
Jul 2024 402210.6083513506 -1.09 -4.01
Aug 2024 398008.0349022543 -1.04 -5.01
Sep 2024 395119.34351128613 -0.73 -5.53
Oct 2024 392846.35146275535 -0.57 -5.84
Nov 2024 390724.69583606743 -0.54 -5.99
Dec 2024 389118.1233129346 -0.41 -6.05
Jan 2025 388428.7131551145 -0.18 -6.18
Feb 2025 387574.7381762511 -0.22 -6.54
Mar 2025 386182.6401177393 -0.36 -7.02
Apr 2025 383429.28841873165 -0.71 -7.35
May 2025 380390.8946940682 -0.79 -7.48
Jun 2025 376757.67985688016 -0.95 -7.35
Jul 2025 372690.4231703161 -1.08 -7.34
Aug 2025 368796.4261467525 -1.04 -7.34
Sep 2025 365590.0346796464 -0.87 -7.47
Oct 2025 363583.8212656279 -0.55 -7.45
Nov 2025 362583.8968135587 -0.28 -7.20
Dec 2025 362313.97510514705 -0.07 -6.89
Jan 2026 363175.0550346465 0.24 -6.50
Feb 2026 364060.21804836346 0.24 -6.07