Grand Bay, AL Home Values & Market Trends
Real estate market trends reflect that there have been 249 transactions over the past year in Grand Bay. The median value for residential home transactions that occurred over the previous year is $226,711.9. The number of current listings in Grand Bay is 16, and the percentage of properties for sale in the city is 72.73%. Grand Bay, AL currently has 6 properties in foreclosure, 1 bank owned properties, 5 properties headed for auction, and 16 properties for sale.
Housing Market Summary for Grand Bay, AL
| Apr 2022 | April 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $410K | $198.3K | -51.62% |
| Median Sold Price | $185K | $198.3K | 7.21% |
| Homes For Sale | 5 | 11 | 120.00% |
| Homes Sold | 159 | 125 | -21.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Grand Bay, AL
Browse Homes in Grand Bay, AL
Grand Bay home values range from $21,000 to $2,955,682. The median estimated value of a home in Grand Bay is $226,711.9. The median list price of a home is 210,112.5, and the total count of properties in the city is 4,956.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Grand Bay, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Grand Bay, AL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Grand Bay, AL ranges from the highest value of $67,932 in 36541 to the lowest value of $67,932 in 36541. Bank owned homes and properties account for 0.02% of properties in Grand Bay, AL. There is 1 zips within Grand Bay, AL; 36541 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions36541 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Grand Bay, AL. Auction homes and other auction properties account for 0.10% of all properties in Grand Bay, AL. There is 1 zips within Grand Bay, AL; of that zips, the median estimated home value for homes going to auction ranges from $270,377 in 36541 to the lowest value of $211,283 in 36541.
