New - 1 day on Rocket
$5,047 Closing Credit¹
Bernadine Johnson, Listing Office: Keller Williams AGC Realty-Da
Grand Bay Housing Market Report December 2024•Mobile County, Alabama
Housing Prices in Grand Bay, AL
How much do homes in Grand Bay, AL cost?
Median List Price
$279,900$142/SqFt
+$14,812
+5.6%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Grand Bay has increased by 5.6% since last year.
Summary: The median home list price in Grand Bay was $279,900 in December 2024, up 5.6% from the previous year, and the median price per square foot was $142.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Bayou La Batre | $195K | $239.9K | +23.0% |
| Tanner Williams | $259.9K | $279K | +7.3% |
| Grand Bay | $265K | $279.9K | +5.6% |
| Theodore | $249.5K | $250.6K | 0.5% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $102.7K | N/A |
| 33 Bedrooms | $250K | $245K | -2.0% |
| 44 Bedrooms | $345.5K | $339.9K | -1.6% |
| 55+ Bedrooms | $540K | $409.4K | -24.2% |
Summary: Grand Bay housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -2.0%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes decreased by -24.2%.
Housing supply in Grand Bay, AL
How many homes are available in Grand Bay, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 99Last MonthDec 2024 | ||
| 832 months agoNov 2024 | +19.3 % Change MoMNov – Dec |
Summary: The Grand Bay real estate market had 99 homes for sale in Dec 2024, a 19.3 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 48 | 57 | +18.8% |
| 44 Bedrooms | 25 | 31 | +24.0% |
| 55+ Bedrooms | 9 | 10 | +11.1% |
Summary: Grand Bay housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +18.8%. The inventory for 4 bedroom homes increased by +24.0%. The inventory for 5 bedroom homes increased by +11.1%.
Asking Price vs. Sold Price
How much do homes in Grand Bay, AL cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Grand Bay, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Grand Bay in December 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.
Days on Market for Grand Bay, AL
How long does it take to sell a home in Grand Bay, AL?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 106 DaysThis YearDec 2024 | ||
| 117 Days1 year agoDec 2023 | -8.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Grand Bay had an average listing age of 106 days in Dec 2024, down by 8.9% compared to the previous year.
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Newest Listings in Grand Bay, AL
What homes are available in Grand Bay, AL?
New - 1 day on Rocket
Tabitha Huber, Listing Office: eXp Realty Southern Branch
New - 1 day on Rocket
$6,234 Closing Credit¹
Madeline Ward, Listing Office: IXL Real Estate LLC
New - 1 day on Rocket
$2,434 Closing Credit¹
Paula Mallory, Listing Office: Fathom Realty AL, LLC
New - 2 days on Rocket
Jessica Mott, Listing Office: Elite Real Estate Solutions, LLC
New - 2 days on Rocket
Jessica Mott, Listing Office: Elite Real Estate Solutions, LLC
New - 2 days on Rocket
Elaine Sessions, Listing Office: Roberts Brothers West
New - 2 days on Rocket
$3,680 Closing Credit¹
Sheena Mcdonald, Listing Office: JPAR Gulf Coast
New - 3 days on Rocket
$3,325 Closing Credit¹
Daniel Whitworth, Listing Office: Carrie Fitts Real Estate
New - 3 days on Rocket
$949 Closing Credit¹
Kelly Cummings, Listing Office: eXp The Cummings Company LLC
New - 4 days on Rocket
$2,138 Closing Credit¹
Aleta Boudreaux, Listing Office: Azalea Real Estate Agency
New - 4 days on Rocket
$1,997 Closing Credit¹
Gloria Finch, Listing Office: Berkshire Hathaway Cooper & Co
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MLS Disclaimers and Copyright
Based on information from Gulf Coast Multiple Listing Service, Baldwin County MLS Inc., and ValleyMLS for the period 01/01/2023 - 01/01/2025
Information is provided by Gulf Coast Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2025 Valley MLS, Inc.
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.