Market Intelligence Report — MS-980

Grenada, MS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MS-08
As of the latest 2026 data
Cooling

Median Listing

$190K
+2.7% YoY

Pending Ratio

0.40
+9.2% YoY

Active Inventory

89
+11.3% YoY

Median DOM

65 Days
-12.2% YoY

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The Grenada market is categorized as Cooling, with a pending ratio of 0.40, indicating demand absorption is lagging supply. This condition is further supported by a year-over-year increase of 11.3% in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Grenada market right now.

Active listings have expanded by 11.3% over the past year, contributing to increased inventory. New listings, however, contracted by 11.1% year-over-year. The pending ratio saw a year-over-year increase of 9.2%, reaching 0.40, although this remains within the cooling threshold. Median listing prices registered a 6.2% month-over-month decline, despite a 2.7% year-over-year increase. Median days on market decreased by 12.2% year-over-year, while the share of price reductions rose by 3.6% over the same period.

Historical Analysis

Market Trends

Median Price

$190K-6.2% MoM

Active Inventory

89+11.3% YoY

Days on Market

65-12.2% YoY

Sold Score™

53+9.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

53
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that demand absorption is moderate relative to available inventory. The expansion in active listings creates greater optionality for buyers, which may necessitate increased price discipline from sellers to facilitate transactions. The pace of transactions, as indicated by the pending ratio, suggests a balanced environment but with increasing inventory pressure.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

89 active listings represent the current floor, with new supply arriving at roughly 32 per month.

Pricing Pressure
15.0%

of active listings carry a price reduction, +3.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +5.9% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Grenada, MS? Homes here are taking 9 days less to sell than last year.

Grenada, MS is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
40%
Median Days on Market
65 days
Inventory YoY
+11%

Grenada, MS is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Grenada, MS
CBSA Code
24980
State
MS

ZIPs in Grenada, MS

Sorted by active inventory · click a ZIP for its full report