17 homes in Grand Terrace
Grand Terrace is a small hillside community with family atmosphere. Features views, affordable housing, and safe neighborhoods.
Today, Grand Terrace has 17 homes for sale at a median price of $644,444, typically selling in about 41 days.
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Median Home Price
$640K
↑ 7.6% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.4 months of supply
Seller's MarketWith only 17 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~41 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace—buyers have some time, but competition exists. Sales have slowed 76% compared to 6 months ago.
Approaching the point where buyers gain more negotiating power.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Grand Terrace
Homeownership is higher than average—most households in this area own rather than rent.
61%
Homeowners
39%
Renters
Homeownership is 5.5% higher than the California average (55.5%)
4,543 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $240K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$452K)
Price Reductions
9 listings have reduced their price
53% of active listings
Average reduction: 3.8% (~$24K)
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