Grand Bank, Newfoundland and Labrador, Canada
As of August 12, 2026, the median asking price in Grand Bank is $91,750, across 6 active MLS® listings.
Those listings have been on the market an average of 111 days.
2 new listings came to market in Grand Bank in the last 30 days.
Asking prices work out to about $59 per square foot, based on the 3 listings that report floor area.
Grand Bank is a small coastal town on the Burin Peninsula with a traditional Newfoundland outport feel, anchored by its historic waterfront, marine heritage, and a compact main street. The neighbourhood housing stock is dominated by detached single-family homes (many older, some renovated), with generally larger lots and ocean or harbour-adjacent pockets commanding premiums. Demographics skew toward families, trades, and retirees, with seasonal population fluctuations and some out-migration typical of rural NL; however, the area benefits from steady local services and regional draw tied to the shoreline, recreation, and tourism.
Key amenities cluster around the town centre and waterfront: local grocers/convenience retail, restaurants, community facilities, and access to scenic trails and coastal lookouts. School options are served through the Newfoundland and Labrador English School District with schools in town and nearby communities; families typically rely on a short drive for broader services. Transit is limited (car-dependent), with regional road access via routes connecting to Marystown and the rest of the peninsula for major shopping, healthcare, and employment. Real estate trends are characterized by relatively low entry prices and thinner transaction volume; demand is driven more by local household formation, downsizers, and occasional second-home buyers than by large-scale in-migration. Investors can find acceptable cash-flow potential on well-maintained homes, but should underwrite carefully for vacancy risk, heating/insurance costs, and renovation needs common to older coastal properties.
Grand Bank’s Grand Bank neighbourhood currently has 6 active for-sale listings, with a median asking price of $91,750 and an average of $59 per square foot, pointing to a relatively affordable market. Homes are taking an average of 108 days on market and only 2 new listings have arrived in the past 30 days, suggesting slower turnover and a measured pace that can give buyers room to negotiate while investors should plan for longer holding and marketing timelines.
The median asking price in Grand Bank is $91,750, across 6 active MLS® listings as of August 12, 2026. The average asking price is $85,483. These are list prices on homes currently for sale, not sale prices.
There are 6 active MLS® listings in Grand Bank as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Grand Bank have been on the market an average of 111 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.