Is Grand Bay, AL 36541 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grand Bay is a seller’s market. With about 2.3 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score37/ 100

More competitive than 35% of U.S. ZIP codes, and #93 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.3Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market90Listing to accepted offer
Median price per sq ft$152▲ +3.0% vs. last year

The Grand Bay housing market right now

In the three months ending August 31, 2026, 14% of homes in Grand Bay, AL 36541 sold above their list price, the typical home went under contract in 90 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold more slowly (80 days then) and the median sale price rose 10% to $287,376. Overall, Grand Bay is less competitive than a year ago, which gives buyers more room.

Within Mobile County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Grand Bay ranks #93 of 249 AL ZIP codes with enough sales (score 37 out of 100).

Nearby, buyers who want less competition could look at Mobile 36612 (0% sold over asking) or Mobile 36607 (0% sold over asking), while Mobile 36619 (33% sold over asking) and Wilmer 36587 (30% sold over asking) are even more competitive.

Nearby markets

Axis 36505Buyer’s market $175 /sq ftBayou La Batre 36509Balanced $112 /sq ftChunchula 36521Balanced $148 /sq ftCitronelle 36522Buyer’s market $113 /sq ft Browse all markets →

Where Grand Bay is

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Questions about Grand Bay real estate

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

A seller’s market: there were 2.3 months of supply in Grand Bay, AL 36541 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 Bay?

The typical home went under contract in 90 days in the latest three months.

Do homes in Grand Bay sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Grand Bay?

About 0.47% of a home’s value a year in Mobile County, or roughly $1,880 on a $400,000 home.

What is the median home price in Grand Bay?

The median sale price was $287,376 in the three months ending August 31, 2026, about $152 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