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Foreclosure Homes in Grenada, MS 38901

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Grenada, MS Foreclosures

How much do homes sell for in Grenada, MS?
The average home price is currently $162,218.
In Grenada, MS, how many homes are available?
There are currently 75 active home listings available in Grenada.
What’s the average rental cost in Grenada, MS?
The average rental price in Grenada is $980.
What is the most expensive home in Grenada?
The most expensive home sold in Grenada had a price of $5,335,540.
What is currently the cheapest priced home in Grenada, MS?
The cheapest home for sale in Grenada is priced at $12,100.

Living in Grenada, MS

Grenada, MS is a small town rich in history and community spirit, offering a blend of affordable housing and recreational activities. The area boasts a variety of local amenities, educational institutions, and beautifully maintained parks, making it an appealing choice for families and investors alike. With a welcoming atmosphere and a strong sense of community, Grenada is positioned as an attractive location for real estate investment.

Current Market Conditions in Grenada, MS

The real estate market in Grenada is currently experiencing a period of stable growth, with property values showing moderate appreciation over the last few years. This trend is supported by an increase in demand for affordable housing and the town’s appeal to families and retirees seeking a peaceful lifestyle.

Investors can benefit from the market's favorable conditions, as the average home prices remain lower than national averages, presenting an opportunity to enter the market at a good value and yield positive returns as development continues.

Home Value Estimator For Grenada, MS

There are currently 6,453 real estate properties in Grenada, MS, with a median automated valuation model (AVM) price of $128,743.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grenada, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Grenada, MS, is $162,218.00, with the most expensive house in Grenada, MS, topping out at $5,335,540.00 and the cheapest home in Grenada, MS, clocking in at $12,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Grenada, MS!

Rent Prices In Grenada, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grenada, MS, is on a rollercoaster ride. The average rent price in Grenada, MS, is $980.00. Indeed, when looking to rent in Grenada, MS, you can expect to pay as little as $550.00 or as much as $1,960.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Grenada, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Grenada, MS 38901 Foreclosures


Market Trend for Grenada, MS

Total Listings Available: 75

Market Values:

Home Prices from $12,100 to $5,335,540

Average Sales Price: $162,218

Rental Values:

Rental from $550 to $1,960

Average Rent Value: $980 / month

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