North Lagoon Heights
Homes for Sale in Panama City Beach, FL
All 733 homes for sale in Panama City Beach, FL · median $368,500 · 395 homes for sale in 32407 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via CPAR MLS
As of October 2026, North Lagoon Heights in Panama City Beach, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $325,000, a median 47 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 1984–1986; 3 of 3 report an HOA (median $17/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 15 ft). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $3,990 ($3,510 with the full homestead exemption).
Last 30 days in North Lagoon Heights: 1 new listing (median asking $395,000), 1 under contract right now. As of October 17, 2026, Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate.
North Lagoon Heights is a resale market built around a narrow construction window, with homes dating from 1983 to 2006 and a median build year of 1986. That means most of what is on the market is a mid-1980s home in some stage of updating, and condition is doing the heavy lifting on price rather than floor plan trends or new construction competition.
At a median of $325,000 and a typical living area around 1,671 square feet, this reads as a value-per-square-foot market rather than a prestige one. A median 47 days on market says pricing has to be realistic from day one — homes that are priced to condition move, homes priced on hope sit.
The 60-Second Overview
North Lagoon Heights market snapshot (as of September 20, 2026): the median sale price is about $325K, and a median 47 days on market for closed sales.
In ZIP 32407 (Panama City Beach), 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 8 qualified sales in North Lagoon Heights across 2024–2025 (6 in 2024, 2 in 2025), median $348,900 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
North Lagoon Heights is a community of 116 homes in Panama City Beach, Bay County, built between 1983 and 2006 (median 1987), with a median living area of about 1,656 square feet. 64% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
North Lagoon Heights is an established Panama City Beach neighborhood of 163 homes built almost entirely between 1983 and 2006, with a homestead share of 60.7% pointing to a market that leans toward primary residences rather than pure rotation.
The setting & the homes.
Aerial and on-site photos of North Lagoon Heights. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
North Lagoon Heights
North Lagoon Heights
North Lagoon HeightsPhotos from CPAR MLS listings in North Lagoon Heights; content deemed reliable but not guaranteed.
Who North Lagoon Heights is best for.
Best for
- Buyers targeting a resale home near the median price point who plan to budget for updates as needed
- Buyers who prioritize square footage and location over community amenities
- Buyers comfortable evaluating 1980s-era construction on a home-by-home basis
Probably not for
- Buyers who want a newer-construction home with modern systems already in place
- Buyers expecting a clubhouse, pool, or other shared community amenities
- Buyers who want a fast-turnover market with heavy bidding competition
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 ($325K) IS the median in the snapshot above.
Windows contain 2 to 11 sales each (5 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.
12% 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 (2026-10-18).
North Lagoon Heights Market Scorecard
North Lagoon Heights is currently a balanced market., a median asking price of $369,000, and homes go under contract in about 43 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.
Homes For Sale Right Now in North Lagoon Heights
Live MLS inventory for North Lagoon Heights. 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 North Lagoon Heights listings as of 2026-10-17, 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.
North Lagoon Heights on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from CPAR MLS. Map data © OpenStreetMap contributors.
The North Lagoon Heights buying strategy.
If we were buying in North Lagoon Heights 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 North Lagoon Heights.
A value-driven resale market
With no community amenities identified from current MLS listings, this is not a market where buyers pay for a gate, a clubhouse, or a shared pool. What you are buying is the home and the location — the amenity package is whatever you find at the property itself. That keeps the price conversation focused on square footage, lot, and condition rather than HOA-funded extras.
The 1983–2006 build range means inspection findings will vary widely from one listing to the next even at similar price points — roof age, HVAC vintage, and prior updates matter more here than in a neighborhood with a tighter, newer construction band. A median 47-day market and five recent closings in the tracking window suggest steady, unhurried activity rather than a market moving in fast cycles.
The location and the amenities are priced into every listing in North Lagoon Heights. 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 North Lagoon Heights 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 (7.5). Basis: Long-Term Appreciation +150% since 2012; Owner Commitment 64% owner-occupied; Pricing Power 95.5% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a neighborhood where condition varies more than location, we walk every comparable with an eye on what was actually updated versus what was just staged to look updated. That distinction is where offers get made or missed in North Lagoon Heights.
North Lagoon Heights in 15 seconds.
What it really costs to own in North Lagoon Heights
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $2,816/yr across 4 listings here (MLS tax records, 2026-10-18). |
|---|---|
| HOA dues | Median $204/year (about $17/month) across 179 MLS listings (most billed annually; 2026-10-15). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| Home and flood insurance | The average Citizens Property Insurance premium in Bay County is $1,928/yr (1,264 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1985 across 6 listings. An original roof here would be about 41 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in North Lagoon Heights
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about North Lagoon Heights
Have a question about the homes, fees, rules or commute here? A Momentum agent who works North Lagoon Heights will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $204/year (about $17/month) · median of 179 MLS listings, most billed annually
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $204 a year ($17 a month) — the median AssociationFee across 179 MLS records, normalised to a monthly figure; most are billed annually. 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 North Lagoon Heights 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 North Lagoon Heights sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in North Lagoon Heights, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your North Lagoon Heights home worth?
Get a no-obligation home value based on real comparable sales in North Lagoon Heights, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in North Lagoon Heights
Homes in North Lagoon Heights that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 300 Prudence Lane · off market
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Homes in the community | 116 (FL DOR 2025 assessment roll) |
| Years built | 1983–2006 (median 1987) |
| Typical living area | 1,656 sq ft (median) |
| Sale prices, last 12 months | $325,000 median across 5 closed sales |
| Days on market (closed sales) | 47 median |
| For sale right now | 3 active, 1 pending · median asking $369,000 |
| Owner-occupied (homestead) share | 64% |
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, “North Lagoon Heights key facts,” movewithmomentum.com/neighborhoods/north-lagoon-heights, data as of September 20, 2026.
Housing distress & ownership in North Lagoon Heights, Panama City Beach
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.
Just listed in North Lagoon Heights
The newest homes for sale in North Lagoon Heights right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 323 Prudence Lane, Panama City Beach, FL 32408 $395,000 · 3 bd · 2 ba · 20 days on market Courtesy of EXP Realty LLC
- 146 Pelican Way, Panama City Beach, FL 32408 $369,000 · 3 bd · 2 ba · 43 days on market Courtesy of Dalton Wade Inc
Checked against the MLS Oct 18, 2026. All new listings in this market.
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- Panama City Beach home values: what is my house worth?
- ZIP 32407 housing scorecard
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Frequently Asked Questions
What is the median home price in North Lagoon Heights?
How long do homes in North Lagoon Heights take to sell?
How many homes are in North Lagoon Heights?
What share of North Lagoon Heights is owner-occupied?
When were the homes in North Lagoon Heights built?
Have North Lagoon Heights home prices gone up?
Who is the best real estate agent for North Lagoon Heights?
How do I find a top Panama City Beach real estate agent who knows North Lagoon Heights?
Can Momentum Realty connect me with an agent for North Lagoon Heights?
Where is North Lagoon Heights, and what county is it in?
Is North Lagoon Heights a good place to live?
Should you buy in North Lagoon Heights?
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 17, 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 (2 streets, ZIP 32407/32408)) |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (87 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.
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See how North Lagoon Heights fits the bigger picture — live prices, inventory, and Momentum Scores:
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More on North Lagoon Heights
- Home values · What homes in North Lagoon Heights actually sell for