#7528537, Angela Walters, Listing Office: Keller Williams Mobile
Grand Bay Housing Market Report January 2025•Mobile County, Alabama
Housing Prices in Grand Bay, AL
How much do homes in Grand Bay, AL cost?
Housing Market Conditions
Is Grand Bay, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Grand Bay is a Buyer's Market
Difference Since December 2024
Last month, Grand Bay has remained a Buyer's Market.
Grand Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in January 2025
Homes in Grand Bay have sold for 0.7% less than they did a month ago.
Summary: The median home sold price in Grand Bay was $272,500 in January 2025, down 0.7% from last month, and the median price per square foot was $180.
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | $260K | $272.5K | +4.8% |
44 Bedrooms | $289K | - | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Grand Bay housing price by bedroom type for January 2025, 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 increased by +4.8%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
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 |
---|---|---|
113Last MonthJan 2025 | ||
782 months agoDec 2024 | +44.9 % Change MoMDec – Jan |
Summary: The Grand Bay real estate market had 113 homes for sale in Jan 2025, a 44.9 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthJan 2025 | ||
62 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 43 | 67 | +55.8% |
44 Bedrooms | 29 | 36 | +24.1% |
55+ Bedrooms | 5 | 9 | +80.0% |
Summary: Grand Bay housing inventory by bedroom type for January 2025, 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 +55.8%. The inventory for 4 bedroom homes increased by +24.1%. The inventory for 5 bedroom homes increased by +80.0%.
Asking Price vs. Sold Price
How much do homes in Grand Bay, AL cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price1 Home
If you're buying a home in Grand Bay, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Grand Bay in January 2025, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and and 25% were sold over asking.
Days on Market for Grand Bay, AL
How long does it take to sell a home in Grand Bay, AL?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in Grand Bay has remained consistent over time.
Summary: During January 2025, 4 homes were sold in Grand Bay; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
35 DaysLast MonthJan 2025 | ||
0 Days1 month agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: Homes in Grand Bay had an average listing age of 35 days in Jan 2025, down by .0% compared to the previous month.
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Newest Listings in Grand Bay, AL
What homes are available in Grand Bay, AL?
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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 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:51 AM 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: 2/22/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.