$5,825 Closing Credit*
$490,540
4 Beds
•3 Full Baths
Paige Tanner, Listing Office: RE/MAX Legacy Group
Housing Prices in Grand Bay, AL
How much do homes in Grand Bay, AL cost?
Median List Price
$285,150
$145/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$19,875(+7.5%)
Key Takeaway
The list price of homes in Grand Bay has increased by 7.5% since last year.
Summary: The median home list price in Grand Bay was $285,150 in October 2024, up 7.5% from the previous year, and the median price per square foot was $145.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $75K | N/A |
| 3 Bedrooms | $240.2K | $250K | +4.1% |
| 4 Bedrooms | $359.9K | $355.3K | -1.3% |
| 5+ Bedrooms | $650K | $449.4K | -30.8% |
Summary: Grand Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 30.8%.
Median List Price Compared To Nearby Cities
| Tanner Williams | $257K | $279.9K | +8.9% |
| Grand Bay | $265.2K | $285.1K | +7.5% |
| Theodore | $257.6K | $246K | -4.5% |
| Bayou La Batre | $174K | $127K | -27.0% |
Housing Supply in Grand Bay, AL
How many homes are available in Grand Bay, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 | 114 | +26.7% |
Summary: The Grand Bay real estate market had 114 homes for sale in October 2024, a 26.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 42 | 59 | +40.5% |
| 4 Bedrooms | 36 | 41 | +13.9% |
| 5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Grand Bay housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 40.5%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 9.1%.
Days on Market for Grand Bay, AL
How long does it take to sell a home in Grand Bay, AL?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 120 Days | 82 Days | -31.1% |
Summary: Homes in Grand Bay had an average listing age of 82 days in Oct 2024, down by 31.1% compared to the previous year.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2024 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.