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Grand Bay, AL Real Estate & Property Data

Grand Bay Real Estate Market Trends

Last Updated: April 22, 2025

To gain a better understanding of the real estate market in Grand Bay, AL 36541, it is essential to have accurate and comprehensive real estate data. ATTOM provides up-to-date real estate data for Grand Bay, which is refreshed on a daily basis. Based on the latest market trends, a total of 97 residential properties have been sold in Grand Bay, AL over the past year, with a median home price of 1 foreclosure filings. Additionally, the 2022 effective property tax rate in Grand Bay is 0.41%. To find more detailed property data for Grand Bay, Alabama, look no further than ATTOM.

Grand Bay Real Estate Market Trends

Get property data for any address in Grand Bay, AL or the country:

Total Residential Properties 5,062

Total Commercial Properties 203

Avg. Home Age (Single Family Home) 33 Years

Avg. Square Feet (Single Family Home) 1,822

Total 2025 Residential Sales (year-to-date) 9

% of Homes Seriously Underwater (Q2 2025) 1.43%

Total 2024 Residential Sales 92

% of Equity Rich Homes (Q2 2025) 29.1%

Effective 2024 Property Tax 0.41%

Total Foreclosure Filings (year-to-date) 3

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Grand Bay, AL 36541 Real Estate Overview

There were 97 residential properties sold in the past year in Grand Bay, AL 36541. The median home value in Grand Bay, AL 36541 is $209,638. There are a total of 5,062 residential properties in the 36541.

Median Sales Price i

February '25 Feb '25 N/A
January '25 Jan '25 $502,000
December '24 Dec '24 $560,900
November '24 Nov '24 $230,000
October '24 Oct '24 $225,000
September '24 Sep '24 $475,000
August '24 Aug '24 $233,066
July '24 Jul '24 $107,550
June '24 Jun '24 $264,000
May '24 May '24 $242,350
April '24 Apr '24 $225,090
March '24 Mar '24 $280,000

Median Down Payment i

February '25 Feb '25 N/A
January '25 Jan '25 $223,750
December '24 Dec '24 $22,950
November '24 Nov '24 $45,000
October '24 Oct '24 $17,125
September '24 Sep '24 N/A
August '24 Aug '24 $174,250
July '24 Jul '24 $105,600
June '24 Jun '24 $4,782
May '24 May '24 $64,476
April '24 Apr '24 $75,799
March '24 Mar '24 $28,000

Number of Homes Sold i

2

(Feb 2025)

-80%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 7
December '24 Dec '24 1
November '24 Nov '24 10
October '24 Oct '24 16
September '24 Sep '24 6
August '24 Aug '24 9
July '24 Jul '24 6
June '24 Jun '24 5
May '24 May '24 11
April '24 Apr '24 8
March '24 Mar '24 6

Number of Purchase Loans i

6

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 8
December '24 Dec '24 4
November '24 Nov '24 10
October '24 Oct '24 16
September '24 Sep '24 5
August '24 Aug '24 10
July '24 Jul '24 4
June '24 Jun '24 8
May '24 May '24 5
April '24 Apr '24 9
March '24 Mar '24 8

Number of REFI Loans i

7

(Feb 2025)

-12.5%

year-over-year

y-o-y

February '25 Feb '25 7
January '25 Jan '25 11
December '24 Dec '24 3
November '24 Nov '24 13
October '24 Oct '24 11
September '24 Sep '24 15
August '24 Aug '24 8
July '24 Jul '24 9
June '24 Jun '24 5
May '24 May '24 11
April '24 Apr '24 12
March '24 Mar '24 9

Number of HELOC Loans i

1

(Feb 2025)

-66.7%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 6
October '24 Oct '24 3
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 6
June '24 Jun '24 3
May '24 May '24 3
April '24 Apr '24 2
March '24 Mar '24 4

Grand Bay, AL 36541 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3
4

Grand Bay, AL 36541 Foreclosure Activity

There were a total of 1 Grand Bay, AL 36541 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

1

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 2
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 3
April '24 Apr '24 4
March '24 Mar '24 3

Foreclosure Starts i

1

(Feb 2025)

-50%

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 2
December '24 Dec '24 N/A
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 N/A
August '24 Aug '24 1
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 3
April '24 Apr '24 4
March '24 Mar '24 3

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

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