Home prices
The median home in Lower Grand Lagoon costs $232,600. In comparison to other places in this area this is approximately $68,860 (42%) higher.Compared to the country as a whole it is about $15,100 (6%) higher, and it is about $81,900 (54%) higher in comparison to the city of Dothan.
Rents
In Lower Grand Lagoon the median rent is $1,063 a month. In comparison to nearby areas it is roughly $86 (8%) higher.Compared to the entire country it is is very similar, and it is roughly $312 (41%) higher compared to the city of Dothan.
Nearby places
Upper Grand Lagoon
Upper Grand Lagoon is Lower Grand Lagoon's neighbor to the north. The real estate prices there are pretty similar. The median home in Upper Grand Lagoon is valued at $229,000, which works out to $3,600 (1%) lower than Lower Grand Lagoon. Rent there is somewhat more expensive. Upper Grand Lagoon's median monthly rent is $1,198, which comes out to $135 (11%) higher than Lower Grand Lagoon.
Pretty Bayou
Pretty Bayou is approximately 5 miles northeast of Lower Grand Lagoon. Its housing prices are a bit more expensive. The median home in Pretty Bayou costs $254,400, which comes out to $21,800 (8%) higher than Lower Grand Lagoon. Its rents are somewhat less expensive. In Pretty Bayou the median monthly rent is $824, which comes out to $239 (29%) lower than Lower Grand Lagoon.
Cedar Grove
Cedar Grove is about 7 miles northeast from Lower Grand Lagoon. Housing prices there are substantially less expensive. The median home value in Cedar Grove is $82,500, which works out to $150,100 (181%) lower than Lower Grand Lagoon. The rent there is a little less expensive. Cedar Grove's median monthly rent is $966, which is $97 (10%) lower than Lower Grand Lagoon.
Springfield
Springfield is about 7 miles east from Lower Grand Lagoon. Real estate prices there are significantly less expensive. The median home in Springfield is valued at $111,700, which comes out to $120,900 (108%) lower than Lower Grand Lagoon. The rent there is a bit less expensive. Springfield's median rent is $886 a month, which works out to $177 (19%) lower than Lower Grand Lagoon.
Parker
Parker is about 8 miles east from Lower Grand Lagoon. Housing prices there are significantly less expensive. The value of the median home in Parker is $141,100, which is $91,500 (64%) lower than Lower Grand Lagoon. Rent there is a bit less expensive. The median monthly rent in Parker is $1,012, which works out to $51 (5%) lower than Lower Grand Lagoon.
