Market Overview
Home Prices in Grenada, CA
The median home value in Grenada, CA is $251,250 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.8% compared to a year ago and down 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grenada are priced39% below average.
Over the past five years, Grenada home values have risen by approximately6.7%, reflecting steady appreciation in this market.
Price History
Grenada Home Price Trend
2020
$178,972
$179K
—
2021
$235,572
$236K
+31.6%
2022
$263,074
$263K
+11.7%
2023
$257,224
$257K
-2.2%
2024
$264,875
$265K
+3.0%
2025
$261,069
$261K
-1.4%
2026
$251,250
$251K
-3.8%
City Comparison
Grenada vs. National Median
🏠 Grenada
$251,250
National Median
$410,000
At $251,250, homes in Grenada cost 39% below the national median of $410,000. This makes Grenada a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grenada?
20% Down Payment
$50,250
on $251,250
Monthly P&I
$1,310/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,664/mo
incl. taxes & insurance
Income Needed
$66,560
gross annual (30% rule)
10% Down Option
$25,125
+ PMI applies
Loan Amount (20% dn)
$201,000
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 Grenada, CA?
The median home value in Grenada is $251,250 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.8% year-over-year.
How much have home prices changed in Grenada?
Over the past year, home values in Grenada have decreased by 3.8%. Over five years, prices have risen approximately 6.7%.
How much do I need to earn to buy a home in Grenada?
To comfortably afford the median home price of $251,250 with a 20% down payment ($50,250) at today's rates (6.8%), you'd need a gross annual income of approximately $66,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Grenada compare to the national average home price?
The national median home value is approximately $410,000. At $251,250, homes in Grenada are 39% below the national average.