Grassie Place—87357
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grassie Place
Grassie Place lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| 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 — Grassie Place
Grassie Place 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 — Grassie Place
As of Oct '25, Realtor.com reports that the median days on market for a home in Grassie Place is 59. This is a decrease of -42.0% 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 | $190,000 | -6.0% |
Listing Count | 1 | -25.0% |
| Listings as % of Homes | N/A | -25.0% |
Days on Market | 59 | -42.0% |
Demographics — Grassie Place
As of the latest ACS Survey released in 2023, Grassie Place has a population of 1,160, which has increased by 42.1% over the past 5 years. Grassie Place is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,160 | 42.1% |
% Under 18 | 27.7% | -20.4% |
% Seniors | 15.3% | 48.5% |
% WFH | 10.4% | 33.3% |
% w/ College Degree | 13.5% | -16.1% |
As of the latest ACS Survey released in 2023, Grassie Place is a predominantly hispanic area, with 13.3% of the population identifying as hispanic. The hispanic population has grown by 1800.0% in the last 5 years. The second most common race or ethnicity in Grassie Place is asian, making up 3.4% of the population. Foreign-born residents account for 3.8% of the population in Grassie Place, 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 | 0.3% | -97.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 13.3% | 1,800.0% |
% Asian | 3.4% | ∞% |
% Foreign Born | 3.8% | ∞% |
Mortgage and Risk — Grassie Place
According to HUD data as of 2023, there were 2 mortgage originations in Grassie Place, of which 50.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Grassie Place. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 2 |
% Conventional Loans | 50.0% |
% Government Loans | 50.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Grassie Place
Grassie Place 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 | $780 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Grassie Place
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $26,200 |