Price Drop: $20K
$305,000
11
1Bd
1Ba
626sqft
Manufactured home for sale
Sims Resort Realty, Inc
Historic Homes for Sale in Lower Grand Lagoon, FL
21 Homes for Sale
Sort by:Newest Listings
Price Drop: $20KPrice Drop: $10K
5801 Thomas Dr #814, Panama City, FL 32408
Innerscope Realty Llc
Building 11 Units Available
Unit #814
5801 Thomas Dr
$299,000 - $975,000
1 Bed
$299k+
2 Beds
$415k+
3 Beds
$459.5k+
5801 Thomas Dr #621, Panama City, FL 32408
Anchor Realty Florida
3D Tour
$509,000
8
4Bds
2Ba
1,630sqft
Sale Pending
Berkshire Hathaway Homeservices Beach Properties Of Florida
$650,000
7
3Bds
3Ba
1,786sqft
Single family home for sale
Hitchcock Real Estate Llc
7205 Thomas Dr #A604, Panama City, FL 32408
Counts Real Estate Group
Building 13 Units Available
Unit #A604
7205 Thomas Dr
$450,000 - $949,000
2 Beds
$450k+
3 Beds
$667.5k+
8200 Surf Dr #A205, Panama City Beach, FL 32408
Compass Florida, Llc
Building 1 Unit Available
Unit #A205
$390,000
7
3Bds
2Ba
1,147sqft
Single family home for sale
Exp Realty, Llc
3D Tour
5801 Thomas Dr #1323, Panama City, FL 32408
Coldwell Banker Realty
$329,000
5
3Bds
2Ba
1,596sqft
Single family home for sale
Pineapple Properties
$365,000
13
3Bds
2Ba
864sqft
Single family home for sale
Lpt Realty Llc
$1,850,000
7
6Bds
4Ba
2,717sqft
Single family home for sale
Exp Realty Llc
Price Drop: $10K3D Tour
5801 Thomas Dr #1319, Panama City, FL 32408
Coldwell Banker Realty
5801 Thomas Dr #1216, Panama City, FL 32408
Christies International Real Estate Emerald Coast
3D Tour
5801 Thomas Dr #1411, Panama City, FL 32408
Christies International Real Estate Emerald Coast
$355,000
3
3Bds
1Ba
1,120sqft
Single family home for sale
Exp Realty, Llc
4701 Thomas Dr #214, Panama City, FL 32408
Coldwell Banker Realty
Building 1 Unit Available
Unit #214
$419,000
6
3Bds
2Ba
1,023sqft
Single family home for sale
Coldwell Banker Realty
5220 Beach Dr, Panama City, FL 32408
Lokation Real Estate
Building 1 Unit Available
Unit #
$319,000
7
2Bds
2Ba
768sqft
Manufactured home for sale
Counts Real Estate Group Inc
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Lower Grand Lagoon, FL Housing Market Overview
Lower Grand Lagoon is a balanced market, giving buyers and sellers room to negotiate. With 6.7 months of supply and homes averaging 49 days on the market, you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
49
Inventory
242
Sep 2021Mar 2024Mar 2026
Median Home Price
$522,500Up 0.24%
In Mar 2026 · YoY
Sep 2021Mar 2024Mar 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 242 Down 0.18%
- Newly Listed Homes
- 75 Up 0.03%
- Months of Supply
- 6.7 Down 4.60%
Housing Demand
- Homes Sold
- 36 Down 0.00%
- Sale-to-List Ratio
- 96.3% Up 1.51%
- Homes Sold Above List
- 5.6% Up 1.71%
30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.
View Full Lower Grand Lagoon Market ReportNo. of Homes
No. of Homes
No. of Homes
Based on information from Central Panhandle Association of REALTORS® MLS through Oct 9, 2026, 9:45 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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Lower Grand Lagoon, FL Housing Market
21
Homes Available
$ 522,500
Median List Price
49 Days
Avg on Market
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Price
Beds & Baths
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