Grenada, MS—38943
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Grenada, MS
Home Price Trends — Grenada, MS
As of Oct '25, the median home price in Grenada, MS is $202,000, with a year-over-year change of -4.6%. This indicates that home prices in Grenada, MS are decreasing. According to Zillow, the 1-year price projection is -3.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $202,000 | -4.6% |
| Single Family | $203,000 | -6.0% |
| 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 | $202,000 | -4.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grenada, MS
Grenada, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grenada, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Grenada, MS is 63. This is a decrease of -9.0% 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 | $259,000 | -38.0% |
Listing Count | 3 | 14.0% |
| Listings as % of Homes | 0.3% | 14.0% |
Days on Market | 63 | -9.0% |
Demographics — Grenada, MS
As of the latest ACS Survey released in 2023, Grenada, MS has a population of 681, which has increased by 751.2% over the past 5 years. Grenada, MS is a moderately popular place for families, as children make up 19.5% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 681 | 751.2% |
% Under 18 | 19.5% | -18.1% |
% Seniors | 32.9% | -30.7% |
% WFH | 0.0% | N/A |
% w/ College Degree | 15.9% | -74.5% |
Grenada, MS lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.7% | -42.3% |
% Black | 42.3% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Grenada, MS
Grenada, MS lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Grenada, MS
Grenada, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | $30 | $1,200 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Grenada, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $202,000 |
| Median Household Income | $34,900 |