Zip 38901 (Grenada, MS) Housing

The housing market in Grenada, MS (38901) is thriving. With a median value of $122,100, it is far below the national median of $338,100. However, the one-year house appreciation rate in this area is 12.50%, which is 4.23% higher than the US average of 8.27%. This shows that Grenada's housing market is growing faster than many other areas across the country and could be a great investment opportunity for prospective buyers.

The median home cost in Grenada (zip 38901) is $122,100. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Grenada (zip 38901) is up 14.5%.

Average Age of Homes

- The median age of Grenada (zip 38901) real estate is 39 years old

The Rental Market in Grenada (zip 38901)

- Renters make up 19.1% of the Grenada (zip 38901) population
- 9.4% of houses and apartments in Grenada (zip 38901), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Grenada, Mississippi	United States
	8,946.0	139,647,020.0
	43	42
	$122,100	$338,100
	14.5%	16.6%
	37.4%	57.0%
	51.9%	101.1%
	$7.97	$10.98
	$901	$2,690
	56.8%	57.4%
	16.6%	11.2%
	26.6%	31.4%
Vacant Housing
	9.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.3%	3.6%
	4.8%	4.1%
Value of Owner-Occupied Housing
	4.7%	2.6%
	6.5%	2.4%
	11.6%	2.8%
	12.0%	3.9%
	11.1%	4.5%
	18.9%	11.3%
	11.0%	13.0%
	15.2%	20.1%
	3.9%	13.6%
	0.8%	8.3%
	3.5%	9.7%
	0.0%	3.9%
	0.3%	2.2%
	0.2%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	13.5%	13.6%
	15.8%	13.2%
	23.8%	14.8%
	13.5%	13.6%
	10.8%	10.0%
	2.0%	4.7%
	5.0%	12.2%

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