Market Overview
Home Prices in Granby, CT
The median home value in Granby, CT is $501,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.1% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Granby are priced22% above average. Granby is part of the Hartford-East Hartford-Middletown, CT metro area.
Over the past five years, Granby home values have risen by approximately46.9%, reflecting strong long-term appreciation in this market.
Price History
Granby Home Price Trend
City Comparison
Granby vs. National Median
At $501,828, homes in Granby cost 22% above the national median of $410,000. Buyers in Granby should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Granby?
20% Down Payment
$100,366
on $501,828
Monthly P&I
$2,617/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,324/mo
incl. taxes & insurance
Income Needed
$132,960
gross annual (30% rule)
10% Down Option
$50,183
+ PMI applies
Loan Amount (20% dn)
$401,462
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 Granby, CT?
The median home value in Granby is $501,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.1% year-over-year.
How much have home prices changed in Granby?
Over the past year, home values in Granby have increased by 6.1%. Over five years, prices have risen approximately 46.9%.
How much do I need to earn to buy a home in Granby?
To comfortably afford the median home price of $501,828 with a 20% down payment ($100,366) at today's rates (6.8%), you'd need a gross annual income of approximately $132,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Granby compare to the national average home price?
The national median home value is approximately $410,000. At $501,828, homes in Granby are 22% above the national average.
What metro area is Granby part of?
Granby is part of the Hartford-East Hartford-Middletown, CT metropolitan area. Home prices and market conditions can vary across the broader metro region.