Grenada Metro Area, MS Housing

The housing market in the Grenada, MS Metro Area is booming. The median value of houses is currently at $112,400 compared to the US median value of $338,100. This represents a significant price difference and has attracted many new buyers to the area. Moreover, house appreciation in Grenada over the past year has risen by 14.52%, much higher than the 8.27% national average. It's clear that the housing market in Grenada is thriving and offers great opportunities for potential homeowners looking for an affordable property with excellent potential for growth.

The median home cost in Grenada Metro Area is $112,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Grenada Metro Area is up 14.5%.

Average Age of Homes

- The median age of Grenada Metro Area real estate is 39 years old

The Rental Market in Grenada Metro Area

- Renters make up 18.5% of the Grenada Metro Area population
- 8.1% of houses and apartments in Grenada Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grenada, Mississippi	United States
	10,376.0	139,647,020.0
	42	42
	$112,400	$338,100
	14.5%	16.6%
	37.4%	57.0%
	51.9%	101.1%
	$8.04	$10.98
	$856	$2,690
	58.0%	57.4%
	16.8%	11.2%
	25.2%	31.4%
Vacant Housing
	8.1%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	3.6%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	7.0%	2.6%
	6.9%	2.4%
	10.1%	2.8%
	11.7%	3.9%
	11.8%	4.5%
	18.9%	11.3%
	10.8%	13.0%
	14.0%	20.1%
	3.9%	13.6%
	0.6%	8.3%
	3.7%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.5%	13.6%
	12.5%	13.6%
	16.9%	13.6%
	12.7%	13.2%
	22.3%	14.8%
	16.9%	13.6%
	10.7%	10.0%
	1.9%	4.7%
	4.8%	12.2%

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