Market Overview
Home Prices in Granville, IA
The median home value in Granville, IA is $286,870 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.2% compared to a year ago and up 5.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Granville are priced30% below average.
Price History
Granville Home Price Trend
2022
$231,256
$231K
—
2023
$233,943
$234K
+1.2%
2024
$251,790
$252K
+7.6%
2025
$265,252
$265K
+5.3%
2026
$286,870
$287K
+8.1%
City Comparison
Granville vs. National Median
🏠 Granville
$286,870
National Median
$410,000
At $286,870, homes in Granville cost 30% below the national median of $410,000. This makes Granville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Granville?
20% Down Payment
$57,374
on $286,870
Monthly P&I
$1,496/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,900/mo
incl. taxes & insurance
Income Needed
$76,000
gross annual (30% rule)
10% Down Option
$28,687
+ PMI applies
Loan Amount (20% dn)
$229,496
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 Granville, IA?
The median home value in Granville is $286,870 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.2% year-over-year.
How much have home prices changed in Granville?
Over the past year, home values in Granville have increased by 8.2%.
How much do I need to earn to buy a home in Granville?
To comfortably afford the median home price of $286,870 with a 20% down payment ($57,374) at today's rates (6.8%), you'd need a gross annual income of approximately $76,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Granville compare to the national average home price?
The national median home value is approximately $410,000. At $286,870, homes in Granville are 30% below the national average.