Housing Prices in Grand Terrace, CA

How much do homes in Grand Terrace, CA cost?

Median List Price

$581,250

$341/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$72,250(+14.2%)

Key Takeaway

The list price of homes in Grand Terrace has increased by 14.2% since last year.

Summary: The median home list price in Grand Terrace was $581,250 in March 2024, up 14.2% from the previous year, and the median price per square foot was $341.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $377.4K$373.5K
-1.0%
3 $499K$549.2K
+10.1%
4 $559.9K$632.4K
+13.0%
5+ $749K$825K
+10.1%

Summary: Grand Terrace housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 10.1%.

Median List Price Compared To Nearby Cities

Grand Terrace
+14.2%
Colton
+3.3%

Housing Supply in Grand Terrace, CA

How many homes are available in Grand Terrace, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1221+75.0%

Summary: The Grand Terrace real estate market had 21 homes for sale in March 2024, a 75.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 613
+116.7%
4 55
0.0%
5+ 12
+100.0%

Summary: The Grand Terrace housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 116.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Days on Market for Grand Terrace, CA

How long does it take to sell a home in Grand Terrace, CA?

Average Listing Age

Mar 2023Mar 2024CHANGE
73 Days61 Days-16.4%

Summary: Homes in Grand Terrace had an average listing age of 61 days in Mar 2024, down by 16.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Grand Terrace, CA

Nearby Markets to Grand Terrace, CA

What housing markets are near Grand Terrace, CA?