States · MS · metro

Grenada, Mississippi.

Is it a buyer's or a seller's market? Six dials, updated monthly — speed, supply and seller behaviour, not just prices.

Sellers are cutting prices on about 1 in 5 Grenada listings — the market is roughly in balance.

Zillow's own model expects Grenada home values to change +1.2% over the year to Sep 2027. A forecast, not a promise — it is revised every month, and Zillow publishes it with that caveat.

What it costs per month · Grenada $680/mo

to buy the typical home at today's mortgage rate — +$297 (+77%) since Jan 2020.

What the home itself did
1 year
Down $6,452 -5%
$135,947$129,495 since Sep 2025
5 years
Up $2,981 +2%
$126,514$129,495 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Grenada $680 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Grenada$680
  • United States$1,922

Typical home values in Grenada, MS fell 4.7% over the past year — slower than the nation's +1.2%.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

5% 10% 15% 20% 25% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Grenada 20.61% United States 26.90%
5% 10% 15% 20% 25% 2018 2022 2026
  • Grenada20.61%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

40 60 80 100 2018 2019 2020 2021 2022 2023 2024 2025 2026 Grenada 83
40 60 80 100 2018 2022 2026
  • Grenada83

New listings per month

Sellers arriving at the market.

10 15 20 2018 2019 2020 2021 2022 2023 2024 2025 2026 Grenada 18
10 15 20 2018 2022 2026
  • Grenada18