New Construction
$3,299,000
2
6Bds
7Ba
4,747sqft
Single family home for sale
Corcoran Reverie
New Construction Homes for Sale in Lower Grand Lagoon, FL
13 Homes for Sale
Sort by:Newest Listings
New ConstructionNew Construction
6806 Thomas Dr, Panama City, FL 32408
Re Florida Homes
Building 1 Unit Available
New Construction
$1,699,000
12
4Bds
3Ba
2,678sqft
Single family home for sale
Century 21 Commander Realty
3D Tour
$3,995,000
3
7Bds
9Ba
4,715sqft
Single family home for sale
Compass Florida, Llc
New Construction
$5,795,000
15
8Bds
8Ba
5,700sqft
Single family home for sale
Corcoran Reverie
Price Drop: $50.1KNew Construction
5233 Thomas Dr, Panama City, FL 32408
Th Coastal Realty
Building 1 Unit Available
New Construction
$2,950,000
5
6Bds
7Ba
3,969sqft
Single family home for sale
Holiday Beach Real Estate Inc
HotNew Construction
$1,650,000
12
4Bds
3Ba
2,608sqft
Single family home for sale
Century 21 Commander Realty
Price Drop: $25.1KNew Construction
5231 Thomas Dr, Panama City, FL 32408
Th Coastal Realty
Building 1 Unit Available
New Construction
5237 Thomas Dr #A & B, Panama City, FL 32408
Century 21 Allpoints Realty
Building 1 Unit Available
Unit #A & B
New Construction
New Construction
$1,730,000
5
4Bds
4Ba
2,174sqft
Single family home for sale
Blue Swell Realty
New Construction
$1,650,000
3
4Bds
4Ba
2,884sqft
Single family home for sale
Century 21 Commander Realty
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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, 2:30 PM. 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
13
Homes Available
$ 522,500
Median List Price
49 Days
Avg on Market
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Price
Beds & Baths
Home Type (5)
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