61Alpha

Grenada, MS metro area Housing Market Brief

metro · as of May 2026

Seller's

What is Grenada, MS metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-14.231
Inventory Health25%
+7.371
Affordability20%
79
Economic Strength20%
No data
50
Rental Yield15%
72

Where is Grenada, MS metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Grenada, MS metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Grenada, MS metro area housing market data

MetricValueYoY
Median Sale Price$50K-60%
Median Days on Market126 days▲ +240.5%
Months of Supply3.4-62.2%
Homes for Sale17-37%
Homes Sold5▲ +66.7%
Median Price / Sq Ft$45-36.2%
Sale-to-List Ratio89.6%-6.5%

How has Grenada, MS metro area’s Alpha Score moved?

Now: 61
4-period trend
Median sale price · 12 mo

Markets like Grenada, MS metro area

Frequently asked questions

Is Grenada, MS metro area a buyer's or seller's market?

As of May 2026, Grenada, MS metro area is classified as a Seller's Market, based on its Alpha Score of 61 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Grenada, MS metro area?

The median sale price in Grenada, MS metro area is $50K, having fallen 60% over the past year.

How affordable is Grenada, MS metro area?

Grenada, MS metro area scores 79 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Grenada, MS metro area's Alpha Score?

Grenada, MS metro area's strongest dimension is Affordability (79/100) and its weakest is Price Momentum (31/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Grenada, MS metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.