- 3 bd
- 2 ba
- 1,620 sqft

The average Upper Grand Lagoon, FL home value is $367,319, down 1.7% over the past year, and homes go to pending in around 66 days. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $367,319
1-Year Value Change: -1.7%
(Data through September 30, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The neighborhoods with the highest median home values in Panama City Beach, FL include: Lower Grand Lagoon ($416,698), Upper Grand Lagoon ($367,319).
The neighborhoods with the lowest median home values in Panama City Beach, FL include: Upper Grand Lagoon ($367,319), Lower Grand Lagoon ($416,698).
Neighborhoods with the highest year-over-year value growth in Panama City Beach, FL include: Lower Grand Lagoon (1.1%).