Grand Bay, AL Home Values & Market Trends
Real estate market trends reflect that there have been 225 transactions over the past year in Grand Bay. The median value for residential home transactions that occurred over the previous year is $259,270. The number of current listings in Grand Bay is 192, and the percentage of properties for sale in the city is 192.00%. Grand Bay, AL currently has 22 properties in foreclosure, 13 bank owned properties, 9 properties headed for auction, and 192 properties for sale.
Grand Bay, AL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 36541 | $ 259,270 $ 149/sqft |
Housing Market Summary for Grand Bay, AL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $245.3K | $309.4K | 26.17% |
| Median Sold Price | $226.9K | $226.9K | -0.01% |
| Homes For Sale | 128 | 191 | 49.22% |
| Homes Sold | 89 | 86 | -3.37% |
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 $28,020 to $2,025,971. The median estimated value of a home in Grand Bay is $259,270. The median list price of a home is 309,450, and the total count of properties in the city is 324.
- 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 $315,000 in 36541 to the lowest value of $125,160 in 36541. Bank owned homes and properties account for 4.01% of properties in Grand Bay, AL. There is 1 zips within Grand Bay, AL; 36541 containing 13 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions36541 has 9 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 2.78% 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 $494,853 in 36541 to the lowest value of $157,437 in 36541.
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Guide for Grand Bay, AL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.