| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $198,050 | +7.0% YoY |
| Median price per sq ft | $113 | 1,901 sq ft median |
| Median days on market | 63 | -21% YoY |
| Active listings | 88 | -2% YoY |
| New listings this month | 20 | September 2026 |
| Listings with a price cut | 12% | Share of active |
| Median sale price (closed) | $168,000 | -32.8% YoY · closed sales, July 2026 |
| Sale-to-list ratio | n/a | Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio |
| Pending-to-active ratio | 36.6% | 32 pending |
| Inventory vs 2019 | 116% | Active listings vs same month in 2019 |
Metropolitan market · Mississippi · September 2026 data
What is the Grenada, MS real estate market doing?
As of September 2026, the median home listed in Grenada, MS asks $198,050, up 7.0% year over year. Homes spend a median of 63 days on market, with 88 active listings and 12% carrying a price cut; pending contracts equal 37% of active listings, and inventory sits at 116% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.
What is the Grenada, MS housing market doing right now?
The Grenada, MS housing market lists at a $198,050 median as of September 2026, up 7.0% year over year, with a 63-day median market time and 88 homes for sale (12% with a price cut). Active inventory is 116% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.
Grenada housing market statistics
The table summarizes Grenada's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Grenada.
How have home prices changed in Grenada?
Grenada home prices are up 7.0% year over year and +4.2% month over month as of September 2026, at a $198,050 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Grenada MS · trailing 8 quarters · source: public records and industry data.
10-year median listing price, Grenada MS · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Grenada?
Grenada has 88 active listings, 20 new this month, 32 pending as of September 2026. About 12% of active listings have cut their price, and inventory sits at 116% of its 2019 level — a balanced market by pace.
Is Grenada a good real estate investment?
Grenada scores 66/100 on WealthyBud's composite Investor Score, ranking #158 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Grenada scores 66/100 on our composite Investor Score (#158 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 116% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 7.0% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Grenada ranks on the trending markets index.
How much is a monthly mortgage payment in Grenada?
A home at Grenada's $198,050 median listing runs about $1,084 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
Principal & interest on the $198,050 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Grenada?
To buy Grenada’s $198,050 median listing with 20% down, a household needs about $53,000 a year in gross income, keeping principal, interest and property tax ($1,241/mo) at 28% of income. That is 1.1× the area’s $46,918 median household income, so a typical Grenada household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $198,050 | September 2026 |
| Down payment (20%) | $39,610 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,084/mo | Rate as of 2026-10-01 |
| Property tax (0.95% effective rate) | $157/mo | Census ACS |
| Income needed (28% rule) | $53,000 | Gross household income / yr |
| Median household income | $46,918 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Grenada housing market?
Longer-run demand in Grenada shows up in 104 homes permitted in 2025; net migration of +48 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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