North Lagoon Oaks
Homes for Sale in Panama City Beach, FL
All 785 homes for sale in Panama City Beach, FL · median $369,000 · 396 homes for sale in 32407 · Bay County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via CPAR MLS
Over the 12 months ending 2026-09-20, 6 recorded sales closed at a median of $177,500, a median 36 days on market, sellers accepting 93% of original asking (-5% versus the prior year). At the median price and Bay County's FY2025-26 rate of 12.28 mills, annual property tax runs about $2,180 ($1,690 with the full homestead exemption).
| Location | Panama City Beach, Bay County, FL · ZIP 32407, 32408 |
|---|---|
| Sale prices, last 12 months | $177,500 median across 6 closed sales · -4.6% vs the prior 12 months |
| Days on market (closed sales) | 36 median |
| For sale right now | 0 active, 1 pending |
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. Market figures describe homes, not residents. Cite as: Momentum Realty, “North Lagoon Oaks 7Th key facts,” movewithmomentum.com/neighborhoods/north-lagoon-oaks-7th, data as of September 20, 2026.
Last 30 days in North Lagoon Oaks: 1 new listing (median asking $290,000), 1 under contract right now. 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.
North Lagoon Oaks 7th prices around a median of $175,000, and the story behind that number is really a story about age and condition rather than location alone. With homes built anywhere from 1967 to 2023 and a median year built of 1992, you're looking at a mix of original construction and renovated or newer builds sitting side by side, which spreads value more than a typical single-era subdivision would.
A market heat score of 54 puts this right in balanced territory, not tilted hard toward either side. Homes are sitting a median of 35 days before going under contract, and with only seven closings in the recent window and prices down 7.7% year over year, sellers should price to current comparables rather than last year's numbers, and buyers have some room to negotiate on condition and timeline.
North Lagoon Oaks right now
🟡 Off the recent peak. The trailing-12-month median ($178K) is down 4.6% from the prior 12 months ($186K) and up 157% since 2012. With about 7 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: Medium (6 and 6 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
North Lagoon Oaks market snapshot (as of September 20, 2026): the median sale price is about $178K, and a median 37 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months and up 157% since 2012, computed from record-level CPAR MLS closed sales (6 closings in the current window).
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.
CPAR sales records identify 47 homes in North Lagoon Oaks that have changed hands since 2006, built between 1980 and 2026 (median 1995), with a median living area of about 1,512 sq ft and a typical 3-bedroom, 2-bath layout. Source: CPAR closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
This is a smaller, established pocket of Panama City Beach with 166 homes spanning more than five decades of construction, and a homestead share of 38.5% suggests a meaningful share of the housing stock functions as second homes or rentals rather than full-time residences.
Who North Lagoon Oaks is best for.
Best for
- Buyers seeking an entry point near the $175,000 median with flexibility to renovate over time
- Buyers or investors comfortable with a mixed-age housing stock and a meaningful share of non-homestead ownership
- Buyers prioritizing a compact living footprint, around the 1,490.5 sqft median, over larger square footage
Probably not for
- Buyers who want a formal amenity package as part of the purchase decision
- Buyers uncomfortable pricing against a thin recent closing count and a down year-over-year trend
- Buyers who need every home in the subdivision to share a similar age or renovation level
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 ($178K) IS the median in the snapshot above, and the move from 2025 ($186K) IS the -4.6% one-year change.
Windows contain 2 to 12 sales each (6 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 (2026-10-01).
North Lagoon Oaks Market Scorecard
North Lagoon Oaks is currently a balanced market., and homes go under contract in about 1 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 North Lagoon Oaks 7Th, 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.
Homes For Sale Right Now in North Lagoon Oaks
Live MLS inventory for North Lagoon Oaks. 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 Oaks 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 North Lagoon Oaks 7Th Right Now (2)
All 2 active and pending North Lagoon Oaks 7Th listings with a detail page, newest first, refreshed twice a day from the MLS.
- 2340 Grand Oaks Lane, Panama City Beach, Fl 32408 · $290,000 · 2 bd / 1 ba · listed Sep 29, 2026 · listed by Legacy Premier Agency
- 2343 Grand Oaks Lane, Panama City, Fl 32408 · $336,333 · 2 bd / 3 ba · pending · listed Aug 13, 2026 · listed by Superior Of Florida, LLC.
The North Lagoon Oaks buying strategy.
If we were buying in North Lagoon Oaks 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 Oaks.
A wide construction spread, priced accordingly
The 1967-to-2023 build range is the single most important fact for anyone evaluating this community. It means due diligence has to start with the age and update history of the specific house, not the neighborhood average. A 1990s home that hasn't been touched carries different cost and inspection expectations than a recently built or fully renovated one on the same street, even though both fall under the same median price.
Living space runs to a median of 1,490.5 square feet, modest by design, and the long-term trend still shows appreciation of 154% since 2012 even after the recent pullback. That combination, a long growth run paired with a short-term dip and a 35-day median time on market, points to a community that has room to move for either buyer or seller depending on how a specific listing is priced against its actual condition.
The location and the amenities are priced into every listing in North Lagoon Oaks. 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 Oaks 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 (6.6). Basis: Long-Term Appreciation +157% since 2012; Recent Direction -4.6% year-over-year; Pricing Power 93.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
With a construction span this wide and no formal community amenities identified in current MLS listings, the value case in North Lagoon Oaks 7th is made or lost house by house. We walk clients through what a given build year and renovation history actually mean for cost and resale, rather than letting a single median price stand in for the whole subdivision.
North Lagoon Oaks in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
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 Oaks 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 Oaks 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 Oaks, 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 Oaks home worth?
Get a no-obligation home value based on real comparable sales in North Lagoon Oaks, 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 Beach →
Recently off market in North Lagoon Oaks 7Th
Homes in North Lagoon Oaks 7Th 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.
- 2343 Grand Oaks Lane · off market
Frequently Asked Questions
What is the median home price in North Lagoon Oaks?
How long do homes in North Lagoon Oaks take to sell?
Have North Lagoon Oaks home prices gone up?
Who is the best real estate agent for North Lagoon Oaks?
How do I find a top Panama City Beach real estate agent who knows North Lagoon Oaks?
Can Momentum Realty connect me with an agent for North Lagoon Oaks?
Where is North Lagoon Oaks, and what county is it in?
Should you buy in North Lagoon Oaks?
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 |
| Under-contract shares | CPAR MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (103 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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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how North Lagoon Oaks 7Th fits the bigger picture — live prices, inventory, and Momentum Scores:
More on North Lagoon Oaks
- Home values · What homes in North Lagoon Oaks actually sell for
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