Zip Code: 32401 (Panama City, Florida) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 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 32401 Zip Code (Panama City, Florida) in January 2026 was $204,134.534. The month over month percentage change (MoM) was 0.07%, and the year over year percentage change (YoY) was -4.33%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 32401 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 32401 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: 32401 (Panama City, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 32401 (Panama City, Florida) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 81988.21018336374 0.92 2.24
Feb 2015 82545.42215143699 0.68 1.83
Mar 2015 82892.92974259779 0.42 1.03
Apr 2015 83396.55001293593 0.61 1.13
May 2015 84228.97963676625 1.00 2.20
Jun 2015 85292.56787908467 1.26 4.05
Jul 2015 86518.2407367167 1.44 5.86
Aug 2015 87542.15011212374 1.18 7.50
Sep 2015 88619.34684496622 1.23 9.11
Oct 2015 89672.09350567478 1.19 11.22
Nov 2015 90514.32606960651 0.94 12.19
Dec 2015 91345.00772898203 0.92 12.43
Jan 2016 92151.04665929066 0.88 12.40
Feb 2016 92920.07154116982 0.84 12.57
Mar 2016 93735.69811975957 0.88 13.08
Apr 2016 94990.93119320921 1.34 13.90
May 2016 96521.29063658141 1.61 14.59
Jun 2016 97906.66179941683 1.44 14.79
Jul 2016 98874.9216431935 0.99 14.28
Aug 2016 99960.4457414548 1.10 14.19
Sep 2016 101124.30722391965 1.16 14.11
Oct 2016 101961.31797465558 0.83 13.71
Nov 2016 102087.71575333578 0.12 12.79
Dec 2016 101457.04615918349 -0.62 11.07
Jan 2017 100768.74564445626 -0.68 9.35
Feb 2017 100457.13397020909 -0.31 8.11
Mar 2017 100741.13146969494 0.28 7.47
Apr 2017 101547.90154006156 0.80 6.90
May 2017 102801.50583206 1.23 6.51
Jun 2017 104029.53406333398 1.20 6.25
Jul 2017 105491.67944582383 1.41 6.69
Aug 2017 106850.58575985437 1.29 6.89
Sep 2017 108406.68684463773 1.46 7.20
Oct 2017 109201.72040217744 0.73 7.10
Nov 2017 109285.49494019843 0.08 7.05
Dec 2017 109031.69937737368 -0.23 7.47
Jan 2018 108628.26363190291 -0.37 7.80
Feb 2018 108723.7589792111 0.09 8.23
Mar 2018 109513.19700182237 0.73 8.71
Apr 2018 111557.40942701873 1.87 9.86
May 2018 113974.75367214717 2.17 10.87
Jun 2018 116135.18758065956 1.90 11.64
Jul 2018 117941.74571503233 1.56 11.80
Aug 2018 119497.56627109955 1.32 11.84
Sep 2018 120735.36212726259 1.04 11.37
Oct 2018 121941.73513076476 1.00 11.67
Nov 2018 123169.22742452503 1.01 12.70
Dec 2018 124027.08798350436 0.70 13.75
Jan 2019 123044.46920424257 -0.79 13.27
Feb 2019 119971.48024877725 -2.50 10.35
Mar 2019 116034.9551479015 -3.28 5.96
Apr 2019 112893.05201724377 -2.71 1.20
May 2019 111533.55262899277 -1.20 -2.14
Jun 2019 111339.46654967044 -0.17 -4.13
Jul 2019 111586.29223841861 0.22 -5.39
Aug 2019 112109.2117450377 0.47 -6.18
Sep 2019 112826.48857366877 0.64 -6.55
Oct 2019 113970.20819600805 1.01 -6.54
Nov 2019 115594.56402409596 1.43 -6.15
Dec 2019 117969.00247272849 2.05 -4.88
Jan 2020 121541.2312887025 3.03 -1.22
Feb 2020 125550.18089103664 3.30 4.65
Mar 2020 129501.06195308855 3.15 11.61
Apr 2020 132970.4983159255 2.68 17.78
May 2020 135402.50078226413 1.83 21.40
Jun 2020 137260.1719329828 1.37 23.28
Jul 2020 138841.9587587352 1.15 24.43
Aug 2020 141016.91392902815 1.57 25.79
Sep 2020 143596.31268380303 1.83 27.27
Oct 2020 146333.71687589583 1.91 28.40
Nov 2020 148590.35608296783 1.54 28.54
Dec 2020 150637.9748179576 1.38 27.69
Jan 2021 153164.842943381 1.68 26.02
Feb 2021 156479.38084844055 2.16 24.64
Mar 2021 160289.91911491987 2.44 23.78
Apr 2021 162811.42979176098 1.57 22.44
May 2021 164781.61353753298 1.21 21.70
Jun 2021 166485.0638270404 1.03 21.29
Jul 2021 167939.9240131257 0.87 20.96
Aug 2021 168690.74268847803 0.45 19.62
Sep 2021 168798.81293041803 0.06 17.55
Oct 2021 169639.2659811936 0.50 15.93
Nov 2021 171547.5775432796 1.13 15.45
Dec 2021 173547.63570993734 1.17 15.21
Jan 2022 177062.4926387891 2.03 15.60
Feb 2022 181855.1139680467 2.71 16.22
Mar 2022 188238.83536109191 3.51 17.44
Apr 2022 193473.96765391962 2.78 18.83
May 2022 197120.6622066476 1.89 19.63
Jun 2022 199807.98448126318 1.36 20.02
Jul 2022 201733.80167865218 0.96 20.12
Aug 2022 203229.40953308486 0.74 20.48
Sep 2022 204252.7306893658 0.50 21.00
Oct 2022 205376.67669304964 0.55 21.07
Nov 2022 206738.3192595316 0.66 20.51
Dec 2022 207580.80834063623 0.41 19.61
Jan 2023 208359.53369275198 0.38 17.68
Feb 2023 209932.10086933066 0.76 15.44
Mar 2023 212433.39640205924 1.19 12.85
Apr 2023 215184.96502602892 1.30 11.22
May 2023 216612.5602462961 0.66 9.89
Jun 2023 217292.5315357469 0.31 8.75
Jul 2023 217372.1267679851 0.04 7.75
Aug 2023 217219.94739876725 -0.07 6.88
Sep 2023 216506.14853500226 -0.33 6.00
Oct 2023 215721.61512023877 -0.36 5.04
Nov 2023 214913.43556450945 -0.37 3.95
Dec 2023 214494.27599698826 -0.19 3.33
Jan 2024 215556.69179176664 0.50 3.45
Feb 2024 217978.87561215344 1.12 3.83
Mar 2024 220949.6234771385 1.36 4.01
Apr 2024 222433.76630452232 0.67 3.37
May 2024 222398.852180024 -0.02 2.67
Jun 2024 221057.00343048348 -0.60 1.73
Jul 2024 219462.59222902558 -0.72 0.96
Aug 2024 218090.31737328335 -0.62 0.40
Sep 2024 216755.9781949607 -0.61 0.12
Oct 2024 215318.46882056133 -0.66 -0.19
Nov 2024 213724.31203952982 -0.74 -0.55
Dec 2024 213087.01542672157 -0.30 -0.66
Jan 2025 213379.47162016682 0.14 -1.01
Feb 2025 213833.51926293442 0.21 -1.90
Mar 2025 213704.63817495378 -0.06 -3.28
Apr 2025 212318.57099746147 -0.65 -4.55
May 2025 210900.0555401314 -0.67 -5.17
Jun 2025 209506.65757074114 -0.66 -5.22
Jul 2025 208572.17888496435 -0.45 -4.96
Aug 2025 207372.33080241023 -0.57 -4.91
Sep 2025 206239.0006512107 -0.55 -4.85
Oct 2025 205390.63884662735 -0.41 -4.61
Nov 2025 204739.75799014454 -0.32 -4.20
Dec 2025 203983.0517401096 -0.37 -4.27
Jan 2026 204134.5340349415 0.07 -4.33