Momentum Housing Data · Home Values · Bay County
Every figure below is from recorded MLS closings in Grand Lagoon Shores (Panama City, FL) — not an algorithm’s estimate. Medians, the 14-year price history, market time, and what the record says about selling here now. Window ending 2026-07-28; refreshes as new closings record.
In the current window, sellers accepted a median 94.2% of original asking; the median sale took 55 days (window ending 2026-07-28).
| Year | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| 2026 | $420,000 | — | 55 | 11 |
| 2025 | $492,000 | — | 34 | 18 |
| 2024 | $432,250 | — | 27 | 3 |
| 2023 | $437,500 | — | 43 | 7 |
| 2022 | $375,000 | — | 11 | 14 |
| 2021 | $315,000 | — | 7 | 15 |
| 2020 | $300,000 | — | 19 | 12 |
| 2019 | $289,900 | — | 82 | 11 |
| 2018 | $267,500 | — | 34 | 13 |
| 2017 | $235,000 | — | 64 | 15 |
| 2016 | $209,500 | — | 21 | 8 |
| 2015 | $196,500 | — | 76 | 16 |
| 2014 | $210,000 | — | 21 | 9 |
| 2013 | $170,000 | — | 20 | 9 |
Over the recorded series, Grand Lagoon Shores’s median sold price moved from $170,000 (2013) to $420,000 (12 months ending 2026-07-28) — +147% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2013 at $170,000. The 2020–22 run-up did what it did everywhere — Grand Lagoon Shores’s median moved +29% from 2019 to 2022. Against the 2025 peak of $492,000, the current median stands at -15%. Annual sales volume here has ranged from 2 to 18 closings a year (10-yr average 11.9). Small-community medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure in the table above.
Momentum’s market-heat index for Grand Lagoon Shores reads 25/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.
The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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More Grand Lagoon Shores: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs
Listing information provided by the Central Panhandle Association of REALTORS®. Information is deemed reliable but not guaranteed by the MLS to be accurate. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures