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Grenada, MS Real Estate


According to census data in the year 2000 there were 6,200 housing units in Grenada. This represents a 41.5% growth from 4,382 in 1990.

Of those housing units, 5,439 were located in either urbanized areas or urban clusters, and 761 were located in what is classified as a rural area.

Homeownership rate in Grenada is about 61.1%. Grenada's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Grenada were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom9.20%
Two Bedrooms28.50%
Three Bedrooms49.10%
Four Bedrooms9.80%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1970
Median Value of occupied units$68,000
Median Price asked for vacant units$43,400

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1970
Median Monthly Rent asked for vacant units$278

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan5.40%
Simple Mortgage50.80%
Debt Free39.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%