Grant, AL—35747
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grant, AL
As of Oct '25, the median home price in Grant, AL is $283,000, with a year-over-year change of -1.6%. This indicates that home prices in Grant, AL are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $283,000 | -1.6% |
| Single Family | $283,000 | -1.7% |
| 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 | $290,000 | 0.3% |
4 Bed | $424,000 | 0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grant, AL
As of July '25, Rentcast reports the average rent in Grant, AL is $1,420, with a year-over-year rent change of 13.6%. Per bedroom, the median rent as of July '25 in Grant, AL is 3-bedrooms: $1,420. The most common rental property sizes in Grant, AL are 2-bedroom and 3-bedroom, accounting for 49.8% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,450 | $1,420 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grant, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Grant, AL is 73. This is a decrease of -26.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $370,000 | 29.0% |
Listing Count | 38 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 73 | -26.0% |
Demographics — Grant, AL
As of the latest ACS Survey released in 2023, Grant, AL has a population of 6,550, which has increased by 25.1% over the past 5 years. Grant, AL is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,550 | 25.1% |
% Under 18 | 22.3% | 15.5% |
% Seniors | 21.5% | 12.6% |
% WFH | 12.3% | 80.9% |
% w/ College Degree | 30.5% | 78.4% |
As of the latest ACS Survey released in 2023, Grant, AL is a predominantly white area, with 88.9% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Grant, AL is hispanic, making up 6.8% of the population. Foreign-born residents account for 2.2% of the population in Grant, AL, and this percentage has increased by 633.3% 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 | 88.9% | -4.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.8% | 750.0% |
% Asian | 1.7% | ∞% |
% Foreign Born | 2.2% | 633.3% |
Mortgage and Risk — Grant, AL
According to HUD data as of 2023, there were 262 mortgage originations in Grant, AL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Grant, AL. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 262 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 2.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Grant, AL
Grant, 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 | 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 | $600 |
| 2 Bedroom | N/A | N/A | $790 |
| 3 Bedroom | -$390 | $1,450 | $1,060 |
| 4 Bedroom | N/A | N/A | $1,060 |
Affordability — Grant, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $283,000 |
| Median Household Income | $78,800 |