Grand Terrace, CA Housing Market
Median List Price
$592,000
Updated August 2026
Today, Grand Terrace has 21 homes for sale at a median list price of $592,000, typically selling in about 40 days.
Grand Terrace Market Analysis
Homes in Grand Terrace, CA carry a median list price of $592,000. On a per square foot basis, the median runs $396. Little has changed over the last six months, with the median price at $640,000 in July versus $645,000 in February.
The typical listing reaches pending status in about 20 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Right now 21 homes are on the market in Grand Terrace, CA. 9 new listings came on the market in the last 30 days.
Four bedroom homes carry the highest medians at $657,222, with three bedroom homes starting the range at $579,000. Single family homes make up about 66.7% of current inventory, with townhomes accounting for another 19.0%. The area falls within the 92313 ZIP code.
Grand Terrace Rental Market
Rentals in Grand Terrace, CA carry a median asking rent of $3,700. The median rent moved from $3,100 in October 2025 to $1,495 in May 2026, a 51.8% decrease over six months. Right now 1 rentals are on the market in Grand Terrace, CA.
Grand Terrace Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 4% over the past year, yet 43% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$592K
↑ 4% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.2 months of supply
Balanced Supply21 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~40 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Grand Terrace
Homeownership is higher than average, and most households in this area own rather than rent.
61%
Homeowners
39%
Renters
Homeownership is 5.5 points 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 $242K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$478K)
Price Reductions
9 listings have reduced their price
43% of active listings
Average reduction: 4.3% (~$25K)
Browse Grand Terrace Listings
Frequently Asked Questions about the Grand Terrace, CA Housing Market
What is the median home price in Grand Terrace, CA?
The median list price in Grand Terrace is $592,000 as of August 2026, based on 21 active listings.
Is Grand Terrace a buyer's market or a seller's market?
Grand Terrace currently reads as a balanced market. Active inventory works out to about 4.2 months of supply at the recent sales pace.
How fast do homes sell in Grand Terrace?
Homes that closed in the last 90 days typically went under contract in about 20 days. The average home currently for sale has been on the market for 40 days.
Are home prices in Grand Terrace going up or down?
The median sale price in Grand Terrace is up about 3.7% compared with a year ago.
How many homes are for sale in Grand Terrace, CA?
There are 21 homes for sale in Grand Terrace right now, including 5 listed within the last week.
What is the median rent in Grand Terrace?
The median asking rent in Grand Terrace is $3,700 per month, across 1 active rental listings.