Grand Bay, AL 36541 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Grand Bay, AL—36541

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$212,000

0.0% YoY Growth

Household Income

$76,600

41.8% YoY Growth

Days on Market

23.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$900

16.7% YoY Growth

1-Bed Rent

$900

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Grand Bay, AL

As of Dec '25, the median home price in Grand Bay, AL is $212,000, with a year-over-year change of 0.0%. This indicates that home prices in Grand Bay, AL are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$212,000	0.0%
Single Family	$212,000	0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Grand Bay, AL

As of July '25, Rentcast reports the average rent in Grand Bay, AL is $1,000, with a year-over-year rent change of -16.7%. Per bedroom, the median rent as of July '25 in Grand Bay, AL is 1-bedrooms: $1,000. The most common rental property sizes in Grand Bay, AL are 3-bedroom and 4-bedroom, accounting for 62.5% and 13.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$900	$1,000
Studio Rent	N/A	N/A
1 Bed Rent	$900	$1,000
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

11.9%

2 Bedrooms

11.8%

3 Bedrooms

62.5%

4 Bedrooms

13.9%

Property Listings — Grand Bay, AL

As of Dec '25, Realtor.com reports that the median days on market for a home in Grand Bay, AL is 66. This is a decrease of -28.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$282,000	-8.0%
Listing Count	45	53.0%
Listings as % of Homes	0.2%	53.0%
Days on Market	92	-23.0%

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Demographics — Grand Bay, AL

As of the latest ACS Survey released in 2023, Grand Bay, AL has a population of 16,400, which has increased by 4.6% over the past 5 years. Grand Bay, AL is a popular place for families, as children make up 25.6% of the population. The area has a poorly educated workforce, with 14.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	16,400	4.6%
% Under 18	25.6%	-11.1%
% Seniors	18.0%	27.7%
% WFH	5.9%	-24.4%
% w/ College Degree	14.0%	0.0%

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As of the latest ACS Survey released in 2023, Grand Bay, AL is a predominantly white area, with 73.9% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Grand Bay, AL is black, making up 16.9% of the population. Foreign-born residents account for 1.3% of the population in Grand Bay, AL, and this percentage has increased by 225.0% 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	73.9%	-15.5%
% Black	16.9%	92.0%
% Hispanic	2.9%	70.6%
% Asian	0.9%	28.6%
% Foreign Born	1.3%	225.0%

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Mortgage and Risk — Grand Bay, AL

According to HUD data as of 2023, there were 303 mortgage originations in Grand Bay, AL, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Grand Bay, AL. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	303
% Conventional Loans	56.0%
% Government Loans	44.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Grand Bay, AL

Grand Bay, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	20
Total Units Section 8	20
% Rentals under Section 8	2.5%
% Occupied Section 8	86.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$90	$900	$990
2 Bedroom	N/A	N/A	$1,190
3 Bedroom	N/A	N/A	$1,570
4 Bedroom	N/A	N/A	$1,590

Grand Bay, AL—36541

Key Metrics at a Glance

Home Price Trends — Grand Bay, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grand Bay, AL

% of Rental Stock

Property Listings — Grand Bay, AL

Demographics — Grand Bay, AL

Race and Ethnicity

Mortgage and Risk — Grand Bay, AL

Mortgages

Rentals and Section 8 — Grand Bay, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Grand Bay, AL

Home Price to Income Ratio

Grand Bay, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Irvington, AL

Bayou La Batre, AL

Mobile-Airport Area, Mobile, AL

Moss Point, MS

Theodore, AL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$212,000
Median Household Income	$76,600

Grand Bay, AL—36541

Key Metrics at a Glance

Home Price Trends — Grand Bay, AL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Grand Bay, AL

% of Rental Stock

Property Listings — Grand Bay, AL

Demographics — Grand Bay, AL

Race and Ethnicity

Mortgage and Risk — Grand Bay, AL

Mortgages

Rentals and Section 8 — Grand Bay, AL

Section 8 Market Size

Section 8 Opportunity

Affordability — Grand Bay, AL

Home Price to Income Ratio

Grand Bay, AL — ZIP Code Boundary Map

Nearby ZIP Codes

Irvington, AL

Bayou La Batre, AL

Mobile-Airport Area, Mobile, AL

Moss Point, MS

Theodore, AL

Frequently Asked Questions

What is the average home price in Grand Bay, AL 36541?

How have home prices in Grand Bay, AL 36541 changed over the past year?

What is the home price projection for Grand Bay, AL 36541?

What are the demographics of Grand Bay, AL 36541?

How long does it take homes to sell in Grand Bay, AL 36541?

What is the average rent price in Grand Bay, AL 36541?