
Upper Grand Lagoon, FL Housing Market
$368,186
2.6% 1-yrThe average Upper Grand Lagoon, FL home value is $368,186, down 2.6% over the past year, and homes go to pending in around 75 days. (Updated on )
What is the Zillow Home Values Index?
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.
Upper Grand Lagoon Key Takeaways
Typical Home Values: $368,186
1-Year Value Change: -2.6%
(Data through August 31, 2026)
Upper Grand Lagoon Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Lower Grand Lagoon$419,137
- Pretty Bayou$365,520
- Hiland Park$219,807
- Cedar Grove$312,362
- Rosemary Beach$2,831,757
- Alys Beach$5,899,338
- WaterSound Beach$1,997,177
- Okaloosa Island$522,664
- Cinco Bayou$291,218
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.
Upper Grand Lagoon Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Panama City Beach, FL?
The neighborhoods with the highest median home values in Panama City Beach, FL include: Lower Grand Lagoon ($419,137), Upper Grand Lagoon ($368,186).
What are the most affordable neighborhoods in Panama City Beach, FL?
The neighborhoods with the lowest median home values in Panama City Beach, FL include: Upper Grand Lagoon ($368,186), Lower Grand Lagoon ($419,137).
Which Panama City Beach, FL neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Panama City Beach, FL include: Lower Grand Lagoon (0.1%).




