Price Drop: $50K
2910 Treasure Cir #A & B, Panama City, FL 32408
Coastal Property Services, Inc
Homes for Sale Under 500K in Lower Grand Lagoon, FL
162 Homes for Sale
Sort by:Newest Listings
Price Drop: $50KBuilding 1 Unit Available
Unit #A & B
7300 Sunset Ave #A & B, Panama City, FL 32408
Exp Realty Llc
Building 1 Unit Available
Unit #A & B
7205 Thomas Dr #1504, Panama City, FL 32408
Counts Real Estate Group Inc
Building 13 Units Available
Unit #1504
7205 Thomas Dr
$450,000 - $949,000
2 Beds
$450k+
3 Beds
$667.5k+
$499,000
7
3Bds
2Ba
1,008sqft
Single family home for sale
Sims Resort Realty, Inc
5801 Thomas Dr #621, Panama City, FL 32408
Anchor Realty Florida
Building 11 Units Available
Unit #621
5801 Thomas Dr
$299,000 - $975,000
1 Bed
$299k+
2 Beds
$415k+
3 Beds
$459.5k+
7205 Thomas Dr #E1704, Panama City, FL 32408
Bright Realty Solutions
$495,000
3
--Bds
--Ba
0.12acre lot
Land for sale
Superior Of Florida, Llc.
3D Tour
5801 Thomas Dr #1323, Panama City, FL 32408
Coldwell Banker Realty
8402 Elizabeth Ave, Panama City, FL 32408
Coldwell Banker Realty
Building 1 Unit Available
$489,000
5
3Bds
2Ba
960sqft
Single family home for sale
Sims Resort Realty, Inc
7205 Thomas Dr #D303, Panama City, FL 32408
Bright Realty Solutions
3D Tour
6505 Thomas Dr #705, Panama City, FL 32408
Citistar Realty
Building 18 Units Available
Unit #705
$479,000
5
2Bds
2Ba
1,110sqft
Single family home for sale
Sims Resort Realty, Inc
5801 S Thomas Dr #701, Panama City, FL 32408
Realty One Group Emerald Coast
Building 1 Unit Available
Unit #701
7205 Thomas Dr #A604, Panama City, FL 32408
Counts Real Estate Group
7205 Thomas Dr #C305, Panama City, FL 32408
Bright Realty Solutions
8517 Surf Dr #203, Panama City, FL 32408
Northwest Florida Realty, Llc
Building 1 Unit Available
Unit #203
Price Drop: $10K
5801 Thomas Dr #814, Panama City, FL 32408
Innerscope Realty Llc
7205 Thomas Dr #1205, Panama City, FL 32408
Allison James Estates & Homes
5115 Gulf Dr #1708, Panama City, FL 32408
Savvy Avenue Llc
Building 8 Units Available
Unit #1708
$465,000
6
3Bds
2Ba
984sqft
Single family home for sale
Keller Williams Success Realty
5115 Gulf Dr #2105, Panama City, FL 32408
Century 21 Ryan Realty Inc
$459,777
3
4Bds
4Ba
2,304sqft
Sale Pending
Beycome Of Florida Llc
5801 Thomas Dr #704, Panama City, FL 32408
Exp Realty Llc
Price Drop: $26K
7205 Thomas Dr #E303, Panama City, FL 32408
Bright Realty Solutions
$459,000
3
3Bds
2Ba
1,024sqft
Single family home for sale
Sims Resort Realty, Inc
7205 Thomas Dr #E704, Panama City, FL 32408
Bright Realty Solutions
$449,900
4
3Bds
3Ba
1,601sqft
Single family home for sale
Counts Real Estate Group Inc
Price Drop: $10K3D Tour
5801 Thomas Dr #1319, Panama City, FL 32408
Coldwell Banker Realty
8610 Surf Dr #307, Panama City, FL 32408
Coastal Real Estate Group, Inc
Building 1 Unit Available
Unit #307
6505 Thomas Dr #411, Panama City, FL 32408
Counts Real Estate Group Inc
6505 Thomas Dr #613C, Panama City, FL 32408
Counts Real Estate Group Inc
Price Drop: $86K
8706 Surf Dr #B, Panama City, FL 32408
Compass Florida, Llc
Building 1 Unit Available
Unit #B
4701 Thomas Dr #214, Panama City, FL 32408
Coldwell Banker Realty
Building 1 Unit Available
Unit #214
$439,000
4
3Bds
2Ba
1,056sqft
Single family home for sale
Sims Resort Realty, Inc
6505 Thomas Dr #512, Panama City, FL 32408
Compass Florida, Llc
5314 Beach Dr #5314, Panama City, FL 32408
Lifes A Beach Real Estate, Llc
Building 1 Unit Available
Unit #5314
$429,000
4
2Bds
2Ba
1,228sqft
Single family home for sale
Coastal Property Services, Inc
8730 Thomas Dr #409, Panama City, FL 32408
Engel & Voelkers 30A Beaches
Building 13 Units Available
Unit #409
8730 Thomas Dr
$159,000 - $425,000
1 Bed
$159k+
2 Beds
$270k+
3 Beds
$339k+
6905 Thomas Dr #802, Panama City, FL 32408
Anchor Realty Florida
Building 1 Unit Available
Unit #802
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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
Prices
No. of Homes
No. of Homes
Based on information from Central Panhandle Association of REALTORS® MLS through Oct 9, 2026, 10:45 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
162
Homes Available
$ 522,500
Median List Price
49 Days
Avg on Market
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