diff --git a/databases/py-psycopg/Makefile b/databases/py-psycopg/Makefile
index 487293101098..78255ee4cda1 100644
--- a/databases/py-psycopg/Makefile
+++ b/databases/py-psycopg/Makefile
@@ -1,5 +1,5 @@
 PORTNAME=	psycopg
-PORTVERSION=	3.1.20
+PORTVERSION=	3.2.4
 CATEGORIES=	databases python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
@@ -34,8 +34,8 @@ POOL_RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}psycopg-pool>=0:databases/py-psycopg-po
 RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}backports.zoneinfo>=0.2.0:devel/py-backports.zoneinfo@${PY_FLAVOR}
 .endif
 
-.if ${PYTHON_REL} < 31100
-RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}typing-extensions>=4.1:devel/py-typing-extensions@${PY_FLAVOR}
+.if ${PYTHON_REL} < 31300
+RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}typing-extensions>=4.6:devel/py-typing-extensions@${PY_FLAVOR}
 .endif
 
 .include <bsd.port.post.mk>
diff --git a/databases/py-psycopg/distinfo b/databases/py-psycopg/distinfo
index e56cc584fdb0..cabc3f081ff0 100644
--- a/databases/py-psycopg/distinfo
+++ b/databases/py-psycopg/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1720022762
-SHA256 (psycopg-3.1.20.tar.gz) = 32f5862ab79f238496236f97fe374a7ab55b4b4bb839a74802026544735f9a07
-SIZE (psycopg-3.1.20.tar.gz) = 147567
+TIMESTAMP = 1738606427
+SHA256 (psycopg-3.2.4.tar.gz) = f26f1346d6bf1ef5f5ef1714dd405c67fb365cfd1c6cea07de1792747b167b92
+SIZE (psycopg-3.2.4.tar.gz) = 156109