Grenada, MS Housing Market: Median Home Price, Days on Market & Forecast

2025 to 2026 market report with pricing, selling speed, supply, and buyer timing insights

$265K

Median Sale Price

113

Days on Market

12.0

Months of Supply

Buyer's Market

Market Type

Low Transaction Volume

Grenada has fewer than 10 home sales per month. Market data may be less reliable due to limited transactions. Consider viewing data for nearby larger markets for more stable trends.

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Best Time to Buy by Property Type in Grenada

Grenada is a Buyer's Market

With 12.0 months of inventory, buyers have negotiating power in Grenada.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $265K
Median List Price $155K
Price per Sq Ft $102

Sales Activity

Homes Sold (Monthly) 1
New Listings 3
Pending Sales 1
Sale-to-List Ratio 98.5%

Inventory & Timing

Active Inventory 12
Months of Supply 12.0
Days on Market 113 days
0

Best Time to Buy in Grenada

Best Month to Buy

Mar

Typically lowest prices

Most Expensive Month

Oct

Peak pricing period

Seasonal Pattern

Spring/Summer has premium pricing

View detailed seasonal analysis →

How Long It Takes to Sell in Grenada

Current DOM

113

days

Average DOM

101

days

Fastest

2

days

Slowest

730

days

Homes are currently selling slower than usual in Grenada.

View detailed selling time analysis →

Grenada, MS Real Estate Market Analysis

The Grenada housing market is currently characterized as a buyer's market. With a median sale price of $265K and homes spending an average of 113 days on the market, buyers have ample time to make decisions and negotiate.

Grenada Median Home Price in 2026

The median home price in Grenada, MS is currently $265K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Grenada Days on Market in 2026

Homes in Grenada are averaging 113 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Grenada a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. If you want the lowest typical prices, review our best time to buy in Grenada guide. Sellers should also review our how long homes take to sell in Grenada analysis.

What to Expect When Buying in Grenada

The current inventory of 12 homes gives buyers plenty of options. With 12.0 months of supply, you'll have room to negotiate and take your time finding the right property.

Should You Buy, Sell, or Wait in Grenada?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Grenada

Homes in Grenada are selling at 98.5% of their list price on average. The typical time to sell is 113 days from listing to closing. Check current real estate commission rates in Mississippi to understand your selling costs.

Useful Next Steps

For deeper timing data, review our best time to buy in Grenada page and our how long it takes to sell in Grenada report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Grenada market block by block.

Grenada, MS Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Grenada real estate market heading into 2026.

Price Forecast

Market data suggests stable conditions. Watch inventory levels and days on market for early trend signals.

Inventory Outlook

At 12.0 months of supply, buyers have leverage. Sellers may need to price more competitively or offer concessions.

Selling Speed

With 113 days on market, homes are taking longer to sell. Strategic pricing will be key for sellers in 2026.

Bottom line: Grenada is currently a buyer's market. Take advantage of the negotiating power, but work with an experienced agent to identify the best deals. Find a Grenada real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Grenada Real Estate

Is Grenada, MS a good place to buy a house in 2026?

Grenada, Mississippi has a balanced with moderate competition real estate market in 2026. The median home price is $265K. Homes typically sell in 113 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Grenada, MS?

The median home price in Grenada, Mississippi is $265K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Grenada, MS?

Houses in Grenada, Mississippi typically sell in 113 days on average. Proper pricing and staging are essential to attract buyers in the current market. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Grenada, MS?

Real estate agent commissions in Grenada, Mississippi typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Grenada, MS good for first-time home buyers?

Grenada, Mississippi offers opportunities for first-time buyers, with relatively affordable entry points compared to other major metros. Mississippi offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

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