Market Overview
Home Prices in Granite Bay, CA
The median home value in Granite Bay, CA is $1,176,593 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Granite Bay are priced187% above average. Granite Bay is part of the Sacramento-Roseville-Folsom, CA metro area.
Over the past five years, Granite Bay home values have risen by approximately14.0%, reflecting steady appreciation in this market.
Price History
Granite Bay Home Price Trend
City Comparison
Granite Bay vs. National Median
At $1,176,593, homes in Granite Bay cost 187% above the national median of $410,000. Buyers in Granite Bay should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Granite Bay?
20% Down Payment
$235,319
on $1,176,593
Monthly P&I
$6,136/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,793/mo
incl. taxes & insurance
Income Needed
$311,720
gross annual (30% rule)
10% Down Option
$117,659
+ PMI applies
Loan Amount (20% dn)
$941,274
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Granite Bay, CA?
The median home value in Granite Bay is $1,176,593 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Granite Bay?
Over the past year, home values in Granite Bay have increased by 2.5%. Over five years, prices have risen approximately 14.0%.
How much do I need to earn to buy a home in Granite Bay?
To comfortably afford the median home price of $1,176,593 with a 20% down payment ($235,319) at today's rates (6.8%), you'd need a gross annual income of approximately $311,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Granite Bay compare to the national average home price?
The national median home value is approximately $410,000. At $1,176,593, homes in Granite Bay are 187% above the national average.
What metro area is Granite Bay part of?
Granite Bay is part of the Sacramento-Roseville-Folsom, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.