Homes for Sale Under 600K in Lower Grand Lagoon, FL
203 Homes for Sale
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3707 Mystic St #A-B, Panama City, FL 32408
Legacy Premier Agency
Building 1 Unit Available
Unit #A-B
3D Tour
4425 Thomas Dr #309T, Panama City, FL 32408
Counts Real Estate Group Inc
Building 1 Unit Available
Unit #309T
$595,000
5
--Bds
--Ba
0.16acre lot
Land for sale
Century 21 Commander Realty
$590,000
6
3Bds
3Ba
1,446sqft
Single family home for sale
Century 21 Ryan Realty Inc
5220 Beach Dr, Panama City, FL 32408
Lokation Real Estate
Building 1 Unit Available
Unit #
$585,000
4
3Bds
3Ba
1,589sqft
Single family home for sale
Christies International Real Estate Emerald Coast
$579,000
4
3Bds
3Ba
1,764sqft
Single family home for sale
Dalton Wade Inc
5004 Thomas Dr #206, Panama City Beach, FL 32408
Seltzer Real Estate, Llc
Building 5 Units Available
Unit #206
$575,000
3Bds
2Ba
1,044sqft
Single family home for sale
Sims Resort Realty, Inc
6201 Thomas Dr #401, Panama City, FL 32408
Keller Williams Success Realty
Building 7 Units Available
Unit #401
Watercrest Condos
$569,500 - $2,700,000
2 Beds
$569.5k+
3 Beds
$685k+
Price Drop: $14K3D Tour
5004 Thomas Dr #1102, Panama City, FL 32408
Scenic Sotheby'S International Realty
Hot
$575,000
11
3Bds
3Ba
1,913sqft
Single family home for sale
Era Neubauer Real Estate, Inc
3D Tour
$574,900
6
3Bds
2Ba
1,610sqft
Single family home for sale
Anchor Realty Florida
6201 Thomas Dr #406, Panama City, FL 32408
Keller Williams Success Realty
$569,000
9
3Bds
2Ba
1,828sqft
Single family home for sale
Beachy Beach Real Estate
5225 Thomas Dr #14, Panama City, FL 32408
Think Real Estate
Building 1 Unit Available
Unit #14
4715 Thomas Dr #310A, Panama City, FL 32408
Think Real Estate
Building 1 Unit Available
Unit #310A
3D Tour
$560,000
5
5Bds
3Ba
1,998sqft
Single family home for sale
Exp Realty Llc
Price Drop: $38K
$560,000
12
3Bds
2Ba
1,799sqft
Single family home for sale
Local Insight Realty
$559,900
6
4Bds
3Ba
1,948sqft
Single family home for sale
Think Real Estate
6218 Hilltop Ave #A,B,C, Panama City, FL 32408
Solis Real Estate Of Florida
Building 1 Unit Available
Unit #A,B,C
Price Drop: $49.9K
5612 Hilltop Ave #A-C, Panama City, FL 32408
Coldwell Banker Realty
Building 1 Unit Available
Unit #A-C
$550,000
7
4Bds
3Ba
1,998sqft
Single family home for sale
Coldwell Banker Realty
3D Tour
3914 Ural St, Panama City, FL 32408
Keller Williams Success Realty
Building 1 Unit Available
Unit #
5801 Thomas Dr #1216, Panama City, FL 32408
Christies International Real Estate Emerald Coast
Building 11 Units Available
Unit #1216
5801 Thomas Dr
$299,000 - $975,000
1 Bed
$299k+
2 Beds
$415k+
3 Beds
$459.5k+
$549,000
6
3Bds
2Ba
2,050sqft
Single family home for sale
Real Broker Llc
$539,000
11
2Bds
3Ba
1,548sqft
Sale Pending
Keller Williams Realty Emerald
$535,000
3
3Bds
2Ba
1,296sqft
Single family home for sale
Seashore Realty Llc
6328 Beach Dr, Panama City, FL 32408
Epique Realty Inc
Building 1 Unit Available
Unit #
3D Tour
7205 Thomas Dr #E904, Panama City, FL 32408
Berkshire Hathaway Homeservices Beach Properties Of Florida
Building 13 Units Available
Unit #E904
7205 Thomas Dr
$450,000 - $949,000
2 Beds
$450k+
3 Beds
$667.5k+
$525,000
8
3Bds
3Ba
2,538sqft
Single family home for sale
Think Real Estate
5801 Thomas Dr #204, Panama City Beach, FL 32408
Beycome Of Florida Llc
Price Drop: $6K
5801 Thomas Dr #1204, Panama City, FL 32408
Paradise Properties Of Nw Florida
$515,000
3
3Bds
2Ba
1,443sqft
Single family home for sale
Gulf Life Real Estate Inc
$511,900
8
3Bds
2Ba
1,670sqft
Single family home for sale
Dalton Wade Inc
$510,000
11
2Bds
2Ba
1,026sqft
Single family home for sale
Counts Real Estate Group Inc
3D Tour
$509,000
8
4Bds
2Ba
1,630sqft
Sale Pending
Berkshire Hathaway Homeservices Beach Properties Of Florida
Price Drop: $50K
2910 Treasure Cir #A & B, Panama City, FL 32408
Coastal Property Services, Inc
Building 1 Unit Available
Unit #A & B
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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
203
Homes Available
$ 522,500
Median List Price
49 Days
Avg on Market
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