Grant, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Grant Neighborhoods Since 2000




Grant, AL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Grant Housing Market Information

With 903 people, 334 houses or apartments, and a median cost of homes of $122,725, house prices in Grant are solidly below the national average.

Single-family detached homes are the single most common housing type in Grant, accounting for 86.76% of the town's housing units. Other types of housing that are prevalent in Grant include large apartment complexes or high rise apartments ( 9.46%), mobile homes or trailers ( 2.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Grant. Owner-occupied housing accounts for 71.86% of Grant's homes, and 81.35% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Grant built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Grant built between 1940-1969 ( 24.86%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.81%). There's also some housing in Grant built before 1939 ( 4.32%).

Grant Home Appreciation Rates

Real estate appreciation rates in Grant's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.10% during the period.

NeighborhoodScout's data show that during the latest twelve months, Grant's appreciation rate, at 3.20%, has been at or slightly above the national average. In the latest quarter, Grant's appreciation rate has been 0.55%, which annualizes to a rate of 2.22%.

Relative to Alabama, our data show that Grant's latest annual appreciation rate is higher than 50% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$122,725

Grant, AL HOME PRICES

Value Range
> $1,041,000 1.6
$781,001 - $1,041,000 2.2
$521,001 - $781,000 2.2
$416,001 - $521,000 2.1
$312,001 - $416,000 3.7
$208,001 - $312,000 10.4
$104,001 - $208,000 34.2
$52,001 - $104,000 25.7
$0 - $52,000 17.9

High for AL
Low for Nation

Value Relative to Nation Value Relative to State
63.9224188444861 34.75

Number Of Homes And Apartments:
334

Grant Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
32.47% 1.64% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$744 / per month

Homeownership Rate

Homeownership
Owners 71.86
Renters 28.14
Vacant 9.73

Housing Market Details

 

Age of Homes

AGE OF Grant HOMES
2000 or Newer 20.8
1970 - 1999 50.0
1940 - 1969 24.9
1939 or Older 4.3

Types of Homes

TYPE OF Grant HOMES
Single-Family 86.8
Townhomes 0.5
Small Apt. Buildings 0.5
Apt. Complexes 9.5
Mobile Homes 2.7
Other 0.0

Home Size

SIZE OF Grant HOMES
No Bedroom 0.00
1 Bedroom 1.89
2 Bedrooms 12.97
3 Bedrooms 65.95
4 Bedrooms 15.41
5 or more bedrooms 3.78