Is Grenada a buyer's or seller's market right now?

Grenada is currently a balanced market with 3.7 months of supply. Homes are selling at 85% of list price. The Ridley Sell Score for Grenada is 39/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Grenada?

The median home price in Grenada is $73,000, down 26.9% year-over-year. The median price per square foot is $53. Homes sell in a median of 64 days with a sale-to-list ratio of 85%.

How much does it cost to sell a home in Grenada, Mississippi?

On a $73,000 home in Grenada, a traditional listing agent charges around $2,190 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $5,840 or more. With Ridley Essentials ($999) you save $1,191, and with Ridley Pro ($3,499) you save -$1,309 while getting full agent support.

How does Ridley's flat fee compare to a traditional Grenada agent?

A traditional Grenada listing agent typically charges 3% of the sale price — about $2,190 on a $73,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $1,191–-$1,309 compared to a traditional agent.

How long does it take to sell a home in Grenada?

The median home in Grenada currently spends 64 days on the market before going under contract. At a 85% sale-to-list ratio, sellers are seeing some negotiation. Only 18.2% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Mississippi?

No. Mississippi does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $73,000 home, that could save you up to -$1,309.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Mississippi. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $2,190 commission.

National/Mississippi

Grenada, MS

Is Now a Good Time to Sell in Grenada, Mississippi?

The median home in Grenada sells for $73,000 with prices down 26.9% year-over-year. The average seller pays $2,190 in commissions — Ridley’s flat fee saves you -$1,309.

Grenada Real Estate Market Conditions — March 2026

39out of 100

Ridley Sell Score

How it's scored →

Cooling

39/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Grenada market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

3.7 months of supply — near the balanced threshold of 5 months. Mississippi average is 5.1.

Price MomentumFavors buyers

Prices down 26.9% year-over-year — vs. +11.5% statewide.

Seller LeverageFavors buyers

Homes selling at 85% of asking — buyers are negotiating 15% below list. Mississippi average is 96.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Mississippi average of 9.9%.

Sale SpeedNeutral

64 median days on market — 10 days faster than the Mississippi average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 19.7% statewide.

Price StabilityNeutral

18.2% of listings have dropped their price. Mississippi average is 25%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$73,000

-26.9%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$53

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

85%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.7

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

18.2%

Well-priced market

12-Month Price Trend

$51,500 → $73,000

▲41.7%

$250K$200K$150K$100K$50K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Grenada — delivered monthly.

Your savings

How much can you save selling your home in Grenada?

The average Grenada homeowner saves -$1,309 by selling with Ridley instead of paying the traditional 3% listing commission on a $73,000 home.

$0Estimated savings

That covers your moving costs — save -1.8% of your home value

Your Grenada home value

$73,000

$50,000$10M

Traditional Agent (3%)

$2,190

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Grenada?

The total cost to sell a house in Grenada in 2026 ranges from $999 with Ridley Essentials to approximately $2,190 with a traditional 3% commission on a $73,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$2,190	$3,499	$999	$0
Buyer agent	$2,0442.8% avg	$1,460~2% avg	$1,460~2% avg	$2,0442.8% avg
Closing costs (~1.5%)	$1,095	$1,095	$1,095	$1,095
Total cost	$5,329	$6,054	$3,554	$3,139
Net proceeds	$67,671	$66,946	$69,446	$69,861
You save	—	-$1,309	$1,191	$2,190No support