337 homes sold in Lower Grand Lagoon in the last year, at a typical $488K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lower Grand Lagoon homes are listed.
Every place Lower Grand Lagoon homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lower Grand Lagoon.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Half of Lower Grand Lagoon’s sales are condos, at $51K less than a house
114 houses and 152 condos sold in the year to May 2026. Condos sell faster.
typical sale · 114 sold in the year to May 2026
- Per square foot
- $349FL $245
- Days to sell
- 116
- Sold over asking
- 5%
- Listings with a price cut
- 24%
typical sale · 152 sold in the year to May 2026
- Per square foot
- $404FL $262
- Days to sell
- 107
- Sold over asking
- 1%
- Listings with a price cut
- 16%
Multi-family (2–4 units): 19 sold, typical $529K
Townhouses: 19 sold, typical $479K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.5 times the 2016 price
337 sales in the last year, against 534 in 2021 and a low of 244 in 2012. The typical sale went from $196K in 2016 to $488K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $500K buys in Lower Grand Lagoon
Check a listing against what Lower Grand Lagoon homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lower Grand Lagoon are back to pre-pandemic levels, and more homes are for sale
We read every month of Lower Grand Lagoon’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 337 sales.
If you’re buying in Lower Grand Lagoon
- Shop in February. It brings about 43 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
- Offer under asking. Buyers paid 94.9% of the list price on average; 3% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 92 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 50 a month), but May is the most competitive: 11% of May sales close over asking. January and February offer nearly as much choice with fewer homes bid up (7%). October has the least competition (5%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Florida
| Lower Grand Lagoon now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 3% | 6% | 18% | 9% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 4% | 6% | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 94.9% | 95.8% | 97.8% | 96.4% |
| Days to sellMedian days from listing to contract | 92 | 94 | 60 | 75 |
229 homes for sale on a typical day
That’s 1.8 times the 2021 low (125) and 43% more than in 2017–19.
Since 2019, houses are up 77%, condos 53%
A house typically sold for $501K in the year to May 2026 (114 sales), a condo for $450K (152).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lower Grand Lagoon ranks 475th of 542 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lower Grand Lagoon is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lower Grand Lagoon home costs about $2,790 a month
Price: Lower Grand Lagoon’s typical sale, last 12 months. Property tax at Lower Grand Lagoon’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lower Grand Lagoon is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 27.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $488K home, about $2,930 a year.
Taxes vs. neighborsSchools
The schools grade for Lower Grand Lagoon, from test results, graduation and how much students grow.
Schools in Lower Grand LagoonTypical commute
The average one-way trip to work for people who live in Lower Grand Lagoon.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Upper Grand Lagoon, Pretty Bayou, Springfield, Parker, Lynn Haven and Panama City Beach sell for less a square foot
The busier markets within 25 miles of Lower Grand Lagoon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Panama City Beach | 1,187 | $376K | $324 | 2% | 112 |
| Upper Grand Lagoon | 388 | $387K | $225 | 4% | 98 |
| Lower Grand Lagoon | 337 | $488K | $377 | 3% | 92 |
| Lynn Haven | 265 | $329K | $194 | 9% | 61 |
| Springfield | 115 | $253K | $179 | 10% | 76 |
| Parker | 58 | $267K | $186 | 7% | 83 |
| Pretty Bayou | 50 | $417K | $211 | 4% | 88 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lower Grand Lagoon, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lower Grand Lagoon. People who follow the town see it, and so do people comparing Lower Grand Lagoon with their own town. No commission, no listing fee.
Questions about buying a home in Lower Grand Lagoon
What do homes sell for in Lower Grand Lagoon, FL?
337 homes sold in the year to September 2026 at a typical $488K, $377 a square foot. Houses sold for about $501K, condos for about $450K in the year to May 2026.
Is Lower Grand Lagoon a buyer’s or seller’s market?
A buyer’s market: 226 homes were for sale in September 2026 and 28 sold, about 7.9 months of supply. Buyers paid 94.9% of asking on average.
When is the best time to buy in Lower Grand Lagoon?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lower Grand Lagoon?
About 0.6% of a home’s value a year. On a $488K home that’s near $2,930.
Where can I see homes for sale in Lower Grand Lagoon?
Zillow, Redfin, Realtor.com and Homes.com all carry Lower Grand Lagoon’s MLS listings; the search links above open each one filtered to Lower Grand Lagoon.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).