The Grand Peninsula housing market is somewhat competitive. The median sale price of a home in Grand Peninsula was $529K last month, up 24.4% since last year. The median sale price per square foot in Grand Peninsula is $172, up 4.2% since last year.
What is the housing market like in Grand Peninsula today?
In March 2024, Grand Peninsula home prices were up 24.4% compared to last year, selling for a median price of $529K. On average, homes in Grand Peninsula sell after 40 days on the market compared to 39 days last year. There were 7 homes sold in March this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$528,500
+24.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Grand Peninsula, TX
$528,500
+24.4%
United States
To compare other locations to the Grand Peninsula and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Grand Prairie add value to a home.
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How hot is the Grand Peninsula housing market?
Grand Peninsula is somewhat competitive. Homes sell in 70 days.
0
100
30
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 70 days.
Hot homes
can sell for around list price and go pending in around 25 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Grand Peninsula housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Grand Peninsula.
Risk Factor
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Grand Peninsula has a minor risk of flooding. 24 properties in Grand Peninsula are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Grand Peninsula. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Grand Peninsula has a moderate risk of wildfire. There are 1,297 properties in Grand Peninsula that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Grand Peninsula.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Grand Peninsula has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Grand Peninsula is most at risk from hurricanes. 1,301 properties in Grand Peninsula have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.
99% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Grand Peninsula has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in Grand Peninsula have a Severe Heat Factor®.
Grand Peninsula is expected to see a 228% increase in the number of days over 111ºF over the next 30 years. Grand Peninsula is expected to experience 6