Market Overview
Home Prices in Grandy, NC
The median home value in Grandy, NC is $394,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grandy are priced4% below average. Grandy is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Grandy home values have risen by approximately35.8%, reflecting strong long-term appreciation in this market.
Price History
Grandy Home Price Trend
City Comparison
Grandy vs. National Median
At $394,474, homes in Grandy cost 4% below the national median of $410,000. This makes Grandy a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grandy?
20% Down Payment
$78,895
on $394,474
Monthly P&I
$2,057/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,612/mo
incl. taxes & insurance
Income Needed
$104,480
gross annual (30% rule)
10% Down Option
$39,447
+ PMI applies
Loan Amount (20% dn)
$315,579
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 Grandy, NC?
The median home value in Grandy is $394,474 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0% year-over-year.
How much have home prices changed in Grandy?
Over the past year, home values in Grandy have increased by 0%. Over five years, prices have risen approximately 35.8%.
How much do I need to earn to buy a home in Grandy?
To comfortably afford the median home price of $394,474 with a 20% down payment ($78,895) at today's rates (6.8%), you'd need a gross annual income of approximately $104,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Grandy compare to the national average home price?
The national median home value is approximately $410,000. At $394,474, homes in Grandy are 4% below the national average.
What metro area is Grandy part of?
Grandy is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.