Grady, AL—36036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grady, AL
As of Oct '25, the median home price in Grady, AL is $147,000, with a year-over-year change of -2.3%. This indicates that home prices in Grady, AL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | -2.3% |
| Single Family | $146,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grady, AL
Grady, AL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grady, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Grady, AL is 122. This is a decrease of -7.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $146,000 | -43.0% |
Listing Count | 7 | 133.0% |
| Listings as % of Homes | 0.1% | 133.0% |
Days on Market | 122 | -7.0% |
Demographics — Grady, AL
As of the latest ACS Survey released in 2023, Grady, AL has a population of 1,840, which has increased by 2.4% over the past 5 years. Grady, AL is a moderately popular place for families, as children make up 15.1% of the population. The area has a poorly educated workforce, with 12.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,840 | 2.4% |
% Under 18 | 15.1% | 4.9% |
% Seniors | 22.6% | 26.3% |
% WFH | 4.2% | 82.6% |
% w/ College Degree | 12.4% | -6.1% |
As of the latest ACS Survey released in 2023, Grady, AL is a predominantly white area, with 56.6% of the population identifying as white. The white population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in Grady, AL is black, making up 37.4% of the population. Foreign-born residents account for 0.4% of the population in Grady, AL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.6% | 7.4% |
% Black | 37.4% | -19.2% |
% Hispanic | 2.5% | 31.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | ∞% |
Mortgage and Risk — Grady, AL
According to HUD data as of 2023, there were 15 mortgage originations in Grady, AL, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Grady, AL. Investor activity is low, as 7.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 15 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Grady, AL
Grady, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — Grady, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $147,000 |
| Median Household Income | $43,500 |