Hidden Lagoon
Homes for Sale in Panama City, FL
All 257 homes for sale in Panama City, FL · median $349,000 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
As of October 2026, Hidden Lagoon in Panama City, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $313,500, a median 44 days on market, sellers accepting 91% of original asking (-7% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,850 ($3,360 with the full homestead exemption).
| Location | Panama City, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Homes in the community | 41 (FL DOR 2025 assessment roll) |
| Years built | 2006–2020 (median 2015.0) |
| Typical living area | 1,954 sq ft (median) |
| Sale prices, last 12 months | $313,500 median across 8 closed sales · -7.1% vs the prior 12 months |
| Days on market (closed sales) | 44 median |
| For sale right now | 2 active, 0 pending · median asking $350,000 |
| Owner-occupied (homestead) share | 54% |
Data as of September 20, 2026. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Hidden Lagoon key facts,” movewithmomentum.com/neighborhoods/hidden-lagoon, data as of September 20, 2026.
Last 30 days in Hidden Lagoon: 1 new listing (median asking $325,000). As of October 2, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
Hidden Lagoon is a small-sample market right now — with only 8 closings in the current window, a single unusual sale can swing the median more than it would in a larger community. The mid-$313K median needs to be read with that caveat in mind, not treated as a fixed line.
The year-over-year figure, down 17.5%, combined with a market heat score of 35, points to a buyer-favorable posture at the moment. Homes are sitting a bit longer — median days on market is 44 — which gives buyers room to negotiate on price and terms rather than compete on speed.
Hidden Lagoon right now
🟡 Off the recent peak. The trailing-12-month median ($314K) is down 7.1% from the prior 12 months ($338K). With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level CPAR MLS closed sales, 12-month windows ending September 20. Confidence: Low (8 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 2, 2026 · Live data: CPAR MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Hidden Lagoon market snapshot (as of September 20, 2026): the median sale price is about $314K, and a median 44 days on market for closed sales. The trailing-12-month median is down 7% from the prior 12 months, computed from record-level CPAR MLS closed sales (8 closings in the current window).
In ZIP 32407 (Panama City), 1,458 homes closed in the last 12 months at a median of $398K ($183/sq ft), down 1.6% year over year, with a median 80 days on market. Right now 1,101 active and 151 pending listings put supply at about 6.7 months — a buyer's market. See the live ZIP 32407 housing market and the Bay County market.
County records show 5 qualified sales in Hidden Lagoon across 2024–2025 (2 in 2024, 3 in 2025), median $390,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Hidden Lagoon is a community of 41 homes in Panama City, Bay County, built between 2006 and 2020 (median 2015.0), with a median living area of about 1,954 square feet. 54% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Hidden Lagoon in Panama City (Bay County) is currently a lower-volume, buyer-leaning corner of the local market, with pricing and pace best understood through a small recent closings sample rather than a long trend line.
Who Hidden Lagoon is best for.
Best for
- Buyers with flexibility on timeline who can wait through a median 44-day market
- Buyers who want negotiating leverage in a currently buyer-favorable posture
- Buyers comfortable evaluating value without a deep, high-volume comp history
Probably not for
- Sellers expecting a fast sale at or above recent median pricing
- Buyers who want amenity-rich community infrastructure as part of the purchase
- Anyone requiring a large recent-sales data set before making a pricing decision
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level CPAR MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($314K) IS the median in the snapshot above, and the move from 2025 ($338K) IS the -7.1% one-year change.
Windows contain 1 to 15 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Bay County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Bay County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
11% of homes for sale in ZIP 32408 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).
Hidden Lagoon Market Scorecard
Hidden Lagoon is currently a balanced market., a median asking price of $350,000, and homes go under contract in about 45 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: CPAR MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Hidden Lagoon, Panama City
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Hidden Lagoon
Live MLS inventory for Hidden Lagoon. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Hidden Lagoon listings as of 2026-10-01, priced high to low. Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Tap any home to ask about it.
Every Home for Sale in Hidden Lagoon Right Now (2)
All 2 active and pending Hidden Lagoon listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3716 Tiki Drive, Panama City Beach, Fl 32408 · $325,000 · 4 bd / 2 ba · listed Sep 19, 2026 · listed by eXp Realty, LLC
- 3727 Tiki Drive, Panama City, Fl 32408 · $375,000 · 4 bd / 3 ba · listed Jul 27, 2026 · listed by Coastal Living Realty & Associates
Recent Developments in Hidden Lagoon
Development, infrastructure, retail, and school activity affecting Hidden Lagoon, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Civic
Panama City approves 12-month moratorium on AI data centers
Panama City commissioners unanimously approved a 12-month pause on AI data centers in certain areas, following a six-month restriction adopted by Bay County the prior week. The city said it will use the period to study data center operations and revisit how they fit into local zoning and land-use rules.
What it may mean for the marketA temporary pause shapes where data centers can locate while the city reviews zoning and land-use standards. The site is less than a mile east of Hidden Lagoon.
Source: WJHG News Channel 7 - July 2026Parks & Amenities
Panama City Beach approves $1.25 million to rehabilitate Conservation Park boardwalks
The Panama City Beach city council approved a budget of $1.25 million to rehabilitate more than one mile of boardwalks at Conservation Park. The funding covers rehabilitation of the park's boardwalk system.
What it may mean for the marketInvestment in Conservation Park boardwalks upgrades a recreational amenity in Panama City Beach. The project is about 17 miles northwest of Hidden Lagoon, elsewhere in Bay County.
Source: WJHG News Channel 7 - June 2026Retail & Dining
New retailers open at Watersound Town Center as construction continues
Watersound Town Center in the Panama City Beach area reported new store openings including FP Movement, Hemline, Monkee's, and Sunset Shoes and Lifestyles, with Johnnie-O expected later in the summer. St. Joe said two additional buildings are planned to break ground this year at the center.
What it may mean for the marketGrowing retail and dining space plus additional buildings expand the commercial center along the State Road 79 corridor. The project is about 24 miles northwest of Hidden Lagoon, elsewhere in Bay County.
Source: The St. Joe Company - June 2026Infrastructure
Panama City moves downtown marina slip construction to bid, ends City Marina Partners deal
Panama City put the first 50 boat slips at the Downtown Marina out for contractor bids, with construction expected to begin shortly after a contract is awarded and the bid window closing June 16. Commissioners also ended their working relationship with City Marina Partners and budgeted payment for work already completed.
What it may mean for the marketProgress on downtown marina slip construction advances waterfront infrastructure in the Panama City core. The site is less than a mile south of Hidden Lagoon.
Source: WJHG News Channel 7 - June 2026Development
Panama City commissioners approve Community Development District for 1,800-home neighborhood
Panama City commissioners approved a Community Development District for a planned neighborhood of about 1,800 homes east of John Pitts Road in north Panama City. Under the CDD, road maintenance within the neighborhood stays with the district rather than transferring to the city.
What it may mean for the marketA new large-scale residential district adds housing supply and internally maintained streets to the north Panama City market. The project is about 7 miles northeast of Hidden Lagoon, elsewhere in Bay County.
Source: WJHG News Channel 7
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Hidden Lagoon buying strategy.
If we were buying in Hidden Lagoon today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Hidden Lagoon.
A Market Still Finding Its Footing
With just 8 closings feeding the current snapshot, Hidden Lagoon does not yet have the transaction volume to support confident price-per-square-foot conclusions. The median sits in the mid-$313K range, but in a market this thin, condition and individual home characteristics can move that number meaningfully from one closing to the next.
The 44-day median days-on-market figure and a heat score of 35 both suggest a market where listings are not moving quickly and negotiating leverage currently favors buyers. Sellers here should expect more time on market and price flexibility to matter more than in faster-moving areas nearby.
The location and the amenities are priced into every listing in Hidden Lagoon. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Hidden Lagoon buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.6). Basis: Recent Direction -7.1% year-over-year; Owner Commitment 54% owner-occupied; Pricing Power 91.3% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a low-volume market like Hidden Lagoon, pricing a home well or evaluating an offer requires pulling the right comparable set from a small pool of recent closings — not just citing the headline median. We work through that data with you directly, so you understand what is actually driving value on your specific home or offer, rather than relying on an automated number.
Hidden Lagoon in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $111/month (about $1,332/yr) · median of 33 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $111 per month ($1,332 a year) — the median AssociationFee across 33 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Hidden Lagoon buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Hidden Lagoon sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Hidden Lagoon, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Hidden Lagoon home worth?
Get a no-obligation home value based on real comparable sales in Hidden Lagoon, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Panama City →
Frequently Asked Questions
What is the median home price in Hidden Lagoon?
How long do homes in Hidden Lagoon take to sell?
How many homes are in Hidden Lagoon?
What share of Hidden Lagoon is owner-occupied?
When were the homes in Hidden Lagoon built?
Who is the best real estate agent for Hidden Lagoon?
How do I find a top Panama City real estate agent who knows Hidden Lagoon?
Can Momentum Realty connect me with an agent for Hidden Lagoon?
Where is Hidden Lagoon, and what county is it in?
Is Hidden Lagoon a good place to live?
Should you buy in Hidden Lagoon?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | CPAR MLS, refreshed twice daily (last: October 1, 2026) |
| Community market stats | CPAR MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (1 streets, ZIP 32407/32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (86 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of CPAR MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the CPAR MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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See how Hidden Lagoon fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Hidden Lagoon
- Home values · What homes in Hidden Lagoon actually sell for
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