Market Overview
Home Prices in Grady, AL
The median home value in Grady, AL is $151,432 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grady are priced63% below average. Grady is part of the Montgomery, AL metro area.
Over the past five years, Grady home values have risen by approximately11.6%, reflecting steady appreciation in this market.
Price History
Grady Home Price Trend
2020
$128,410
$128K
—
2021
$135,730
$136K
+5.7%
2022
$143,597
$144K
+5.8%
2023
$146,135
$146K
+1.8%
2024
$142,509
$143K
-2.5%
2025
$139,885
$140K
-1.8%
2026
$151,432
$151K
+8.3%
City Comparison
Grady vs. National Median
🏠 Grady
$151,432
National Median
$410,000
At $151,432, homes in Grady cost 63% below the national median of $410,000. This makes Grady a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grady?
20% Down Payment
$30,286
on $151,432
Monthly P&I
$790/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,003/mo
incl. taxes & insurance
Income Needed
$40,120
gross annual (30% rule)
10% Down Option
$15,143
+ PMI applies
Loan Amount (20% dn)
$121,146
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grady, AL?
The median home value in Grady is $151,432 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in Grady?
Over the past year, home values in Grady have increased by 8.3%. Over five years, prices have risen approximately 11.6%.
How much do I need to earn to buy a home in Grady?
To comfortably afford the median home price of $151,432 with a 20% down payment ($30,286) at today's rates (6.8%), you'd need a gross annual income of approximately $40,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Grady compare to the national average home price?
The national median home value is approximately $410,000. At $151,432, homes in Grady are 63% below the national average.
What metro area is Grady part of?
Grady is part of the Montgomery, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.