Lower Grand Lagoon, FL Housing Market
The Lower Grand Lagoon housing market is not very competitive. The median sale price of a home in Lower Grand Lagoon was $450K last month, down 0.99% since last year. The median sale price per square foot in Lower Grand Lagoon is $380, down 4.3% since last year.
Lower Grand Lagoon Housing Market Trends
In September 2025, Lower Grand Lagoon home prices were down 0.99% compared to last year, selling for a median price of $450K. On average, homes in Lower Grand Lagoon sell after 151 days on the market compared to 145 days last year. There were 32 homes sold in September this year, up from 20 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.

How hot is the Lower Grand Lagoon housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 6% below list price and go pending in around 145 days.
- Hot homescan sell for about 3% below list price and go pending in around 58 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 63 days.
- Hot homescan sell for around list price and go pending in around 37 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 120 days.
- Hot homescan sell for about 1% below list price and go pending in around 53 days.
Lower Grand Lagoon Migration & Relocation Trends
View houses in Lower Grand Lagoon that sold recently
Recently sold homes
- $240,000 Last Sold Price2 beds1.5 baths1,020 sq ft230 Bonita Cir, Panama City, FL 32408List Price$259,500Sale to List8% under listDays on Market184 days230 Bonita Cir, Panama City, FL 32408
- $430,000 Last Sold Price2 beds2 baths1,144 sq ft5801 Thomas Dr #520, Panama City, FL 32408List Price$434,000Sale to List1% under listDays on Market260 days5801 Thomas Dr #520, Panama City, FL 32408
- $410,000 Last Sold Price1 bed2 baths883 sq ft5115 Gulf Dr #1802, Panama City, FL 32408List Price$429,000Sale to List4% under listDays on Market254 days5115 Gulf Dr #1802, Panama City, FL 32408
- $400,000 Last Sold Price1 bed2 baths883 sq ft5115 Gulf Dr #1702, Panama City, FL 32408List Price$417,000Sale to List4% under listDays on Market62 days5115 Gulf Dr #1702, Panama City, FL 32408
- $215,000 Last Sold Price1 bed1 bath656 sq ft3600 Thomas Dr Unit c205, Panama City, FL 32408List Price$225,000Sale to List4% under listDays on Market135 days3600 Thomas Dr Unit c205, Panama City, FL 32408
- $179,642 Last Sold Price—beds—baths—sq ft000 Long John Dr, Panama City Beach, FL 32408List Price$185,000Sale to List3% under listDays on Market30 days000 Long John Dr, Panama City Beach, FL 32408
- $510,000 Last Sold Price3 beds3 baths1,515 sq ft8505 Lydia Ln, Panama City, FL 32408List Price$529,000Sale to List4% under listDays on Market40 days8505 Lydia Ln, Panama City, FL 32408
- $255,000 Last Sold Price1 bed1 bath626 sq ft6205 Thomas Dr Unit D8, Panama City Beach, FL 32408List Price$269,000Sale to List5% under listDays on Market71 days6205 Thomas Dr Unit D8, Panama City Beach, FL 32408
See all recently sold homes in Lower Grand Lagoon.
See listings
Schools in Lower Grand Lagoon
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Patronis Elementary School Public • K-5 | 648 Students | 9 reviews |
Climate's impact on Lower Grand Lagoon housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lower Grand Lagoon.
Flood Factor - Major
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Extreme
Wind Factor

Wind likelihood over time
Heat Factor - Extreme
Heat Factor

More real estate resources for Lower Grand Lagoon
New Listings in Lower Grand Lagoon
Nearby City Housing Markets
Neighborhood Housing Markets
Zip Code Housing Markets
Nearby City Listings
Neighborhood Listings
Zip Code Listings
About us
Find us
Subsidiaries
Affiliated Business
Copyright: © 2025 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.