Is Grand Ridge, FL 32442 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Grand Ridge is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market65Listing to accepted offer
Median price per sq ft$168▲ +12.5% vs. last year

The Grand Ridge housing market right now

In the three months ending August 31, 2026, 0% of homes in Grand Ridge, FL 32442 sold above their list price, the typical home went under contract in 65 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (122 days then) and the median sale price fell 7% to $188,918. Overall, Grand Ridge is less competitive than a year ago, which gives buyers more room.

Within Jackson County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Alford 32420 (25% sold over asking) and Cottondale 32431 (25% sold over asking) are even more competitive.

Nearby markets

Alford 32420Buyer’s market $145 /sq ftBascom 32423Balanced $154 /sq ftCampbellton 32426Buyer’s market $66 /sq ftCottondale 32431Buyer’s market $117 /sq ft Browse all markets →

Where Grand Ridge is

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Questions about Grand Ridge real estate

Is Grand Ridge a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Grand Ridge, FL 32442 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Grand Ridge?

The typical home went under contract in 65 days in the latest three months.

Do homes in Grand Ridge sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.

What are property taxes in Grand Ridge?

About 0.50% of a home’s value a year in Jackson County, or roughly $2,000 on a $400,000 home.

What is the median home price in Grand Ridge?

The median sale price was $188,918 in the three months ending August 31, 2026, about $168 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology