Much like nearby areas, it is a little more expensive compared to the United States as a whole. Compared to the city of Dothan however, it is substantially more expensive.
Home prices
The median home cost in Laguna Beach is $237,000. This is approximately $9,960 (4%) higher in comparison to nearby areas.It is approximately $19,500 (8%) higher compared to the entire nation, and is roughly $86,300 (57%) higher compared to the city of Dothan.
Rents
Laguna Beach's median rent is $996 a month. In comparison to other places in this area this is about $20 (1%) lower.In comparison to the rest of the country it is roughly $66 (6%) lower, and is approximately $245 (32%) higher in comparison to the city of Dothan.
Nearby places
Panama City Beach
Panama City Beach is Laguna Beach's neighbor to the east. Its housing prices are fairly similar. The value of the median home in Panama City Beach is $243,300, which comes out to $6,300 (2%) higher than Laguna Beach. The rent there is a bit more expensive. Panama City Beach's median monthly rent is $1,268, which comes out to $272 (21%) higher than Laguna Beach.
Upper Grand Lagoon
Upper Grand Lagoon is about 13 miles southeast of Laguna Beach. The housing prices there are fairly similar. Upper Grand Lagoon's median home value is $229,000, which comes out to $8,000 (3%) lower than Laguna Beach. The rent there is a little more expensive. In Upper Grand Lagoon the median rent is $1,198 a month, which comes out to $202 (16%) higher than Laguna Beach.
Lower Grand Lagoon
Lower Grand Lagoon is approximately 13 miles southeast of Laguna Beach. Its real estate prices are similar. The median home price in Lower Grand Lagoon is $232,600, which is $4,400 (1%) lower than Laguna Beach. The rent there is a bit more expensive. The median monthly rent in Lower Grand Lagoon is $1,063, which comes out to $67 (6%) higher than Laguna Beach.
Pretty Bayou
Pretty Bayou is roughly 14 miles east of Laguna Beach. The real estate prices there are a little more expensive. The median home in Pretty Bayou is valued at $254,400, which comes out to $17,400 (6%) higher than Laguna Beach. The rent there is a bit less expensive. The median rent in Pretty Bayou is $824 a month, which comes out to $172 (20%) lower than Laguna Beach.
Ebro
Ebro is roughly 14 miles north from Laguna Beach. Its housing prices are a lot less expensive. The median home value in Ebro is $175,900, which is $61,100 (34%) lower than Laguna Beach. The rent there is substantially less expensive. Ebro's median monthly rent is $725, which works out to $271 (37%) lower than Laguna Beach.
