Grand Bay, AL Real Estate & Property Data

Grand Bay Real Estate Market Trends
Last Updated: September 20, 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 85 residential properties have been sold in Grand Bay, AL over the past year, with a median home price of $925,000 and 1 foreclosure filings. Additionally, the 2022 effective property tax rate in Grand Bay is 0.38%. To find more detailed property data for Grand Bay, Alabama, look no further than ATTOM.

Grand Bay Real Estate Market Trends
Total Residential Properties 5,050
Total Commercial Properties 203
Avg. Home Age (Single Family Home) 33 Years
Avg. Square Feet (Single Family Home) 1,823
Total 2025 Residential Sales (year-to-date) 36
% of Homes Seriously Underwater (Q3 2025) 1.01%
Total 2024 Residential Sales 94
% of Equity Rich Homes (Q3 2025) 31.44%
Effective 2024 Property Tax 0.38%
Total Foreclosure Filings (year-to-date) 12
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Grand Bay, AL 36541 Real Estate Overview

There were 85 residential properties sold in the past year in Grand Bay, AL 36541. The median home value in Grand Bay, AL 36541 is $237,939. There are a total of 5,050 residential properties in the 36541.

Median Sales Price i
$925,000
(Jul 2025)
+760.1%
year-over-year
y-o-y
  • July '25 Jul '25 $925,000
  • June '25 Jun '25 $259,900
  • May '25 May '25 $242,000
  • April '25 Apr '25 $223,000
  • March '25 Mar '25 $354,750
  • 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
Median Down Payment i
$505,000
(Jul 2025)
+378.2%
year-over-year
y-o-y
  • July '25 Jul '25 $505,000
  • June '25 Jun '25 $4,708
  • May '25 May '25 $43,100
  • April '25 Apr '25 $4,692
  • March '25 Mar '25 $45,000
  • 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
Number of Homes Sold i
2
(Jul 2025)
-66.7%
year-over-year
y-o-y
  • July '25 Jul '25 2
  • June '25 Jun '25 4
  • May '25 May '25 7
  • April '25 Apr '25 8
  • March '25 Mar '25 5
  • February '25 Feb '25 3
  • January '25 Jan '25 7
  • December '24 Dec '24 1
  • November '24 Nov '24 10
  • October '24 Oct '24 16
  • September '24 Sep '24 7
  • August '24 Aug '24 9
Number of Purchase Loans i
8
(Jul 2025)
+100%
year-over-year
y-o-y
  • July '25 Jul '25 8
  • June '25 Jun '25 8
  • May '25 May '25 15
  • April '25 Apr '25 12
  • March '25 Mar '25 8
  • February '25 Feb '25 6
  • January '25 Jan '25 8
  • December '24 Dec '24 4
  • November '24 Nov '24 11
  • October '24 Oct '24 17
  • September '24 Sep '24 5
  • August '24 Aug '24 10
Number of REFI Loans i
10
(Jul 2025)
+11.1%
year-over-year
y-o-y
  • July '25 Jul '25 10
  • June '25 Jun '25 8
  • May '25 May '25 11
  • April '25 Apr '25 13
  • March '25 Mar '25 7
  • 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
Number of HELOC Loans i
2
(Jul 2025)
-66.7%
year-over-year
y-o-y
  • July '25 Jul '25 2
  • June '25 Jun '25 3
  • May '25 May '25 2
  • April '25 Apr '25 4
  • March '25 Mar '25 5
  • 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

Grand Bay, AL 36541 Foreclosure Activity

There were a total of 1 Grand Bay, AL 36541 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 1 Grand Bay, AL 36541 properties and repossessed 1 Grand Bay, AL 36541 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i
1
(Jul 2025)
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 N/A
  • May '25 May '25 6
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • 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
Foreclosure Starts i
1
(Jul 2025)
year-over-year
y-o-y
  • July '25 Jul '25 1
  • June '25 Jun '25 N/A
  • May '25 May '25 6
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • 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
Completed Foreclosures (REOs) i
1
(Jul 2025)
  • July '25 Jul '25 1
  • June '25 Jun '25 1
  • May '25 May '25 N/A
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • 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
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