Is Grant, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grant is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Grant was a Seller's Market.

Key Takeaway

Grant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Grant, AL

How much do homes in Grant, AL cost?

Median Sold Price

$294,450

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,450(+5.5%)

Key Takeaway

Homes in Grant have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Grant was $294,450 in December 2024, up 5.5% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $180K-
N/A
2 $307.4K$174.3K
-43.3%
3 $268K$285K
+6.3%
4 $375K$409.5K
+9.2%
5+ $554.5K$264K
-52.4%

Summary: Grant housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 52.4%.

Housing Supply in Grant, AL

How many homes are available in Grant, AL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3634-5.6%

Summary: The Grant real estate market had 34 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 55
0.0%
3 1615
-6.3%
4 108
-20.0%
5+ 34
+33.3%

Summary: The Grant housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grant, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Grant in December 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Grant, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Grant, AL

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