Granite Bay, CA—95746
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granite Bay, CA
As of Oct '25, the median home price in Granite Bay, CA is $1,119,000, with a year-over-year change of 1.6%. This indicates that home prices in Granite Bay, CA are increasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,119,000 | 1.6% |
| Single Family | $1,118,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $674,000 | 0.4% |
3 Bed | $849,000 | 2.0% |
4 Bed | $1,132,000 | 1.7% |
| 5 Bed | $1,544,000 | 1.2% |
% of Housing Stock
Rental Trends — Granite Bay, CA
As of July '25, Rentcast reports the average rent in Granite Bay, CA is $3,190, with a year-over-year rent change of -11.9%. Per bedroom, the median rent as of July '25 in Granite Bay, CA is 1-bedrooms: $1,550, 2-bedrooms: $1,900, 3-bedrooms: $3,170, 4-bedrooms: $3,670. The most common rental property sizes in Granite Bay, CA are 3-bedroom and 4-bedroom, accounting for 44.6% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,550 |
| 2 Bed Rent | $1,700 | $1,900 |
| 3 Bed Rent | $2,980 | $3,170 |
| 4 Bed Rent | $3,400 | $3,670 |
% of Rental Stock
Property Listings — Granite Bay, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Granite Bay, CA is 45. This is a increase of 7.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,260,000 | -8.0% |
Listing Count | 93 | 6.0% |
| Listings as % of Homes | 0.7% | 6.0% |
Days on Market | 45 | 7.0% |
Demographics — Granite Bay, CA
As of the latest ACS Survey released in 2023, Granite Bay, CA has a population of 22,500, which has decreased by -4.0% over the past 5 years. Granite Bay, CA is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 61.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,500 | -4.0% |
% Under 18 | 23.5% | -4.1% |
% Seniors | 21.9% | 24.4% |
% WFH | 23.9% | 67.1% |
% w/ College Degree | 61.3% | 10.5% |
As of the latest ACS Survey released in 2023, Granite Bay, CA is a predominantly white area, with 71.9% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Granite Bay, CA is asian, making up 10.5% of the population. Foreign-born residents account for 11.4% of the population in Granite Bay, CA, and this percentage has increased by 2.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.9% | -4.0% |
% Black | 2.6% | 4.0% |
% Hispanic | 9.8% | 3.2% |
% Asian | 10.5% | 32.9% |
% Foreign Born | 11.4% | 2.7% |
Mortgage and Risk — Granite Bay, CA
According to HUD data as of 2023, there were 445 mortgage originations in Granite Bay, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Granite Bay, CA. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 445 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Granite Bay, CA
As of 2024, the percent of homes in Granite Bay, CA under the Section 8 program is 0.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Granite Bay, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,220 | $1,450 | $2,670 |
| 2 Bedroom | $1,610 | $1,700 | $3,310 |
| 3 Bedroom | $1,510 | $2,980 | $4,490 |
| 4 Bedroom | $1,780 | $3,400 | $5,180 |
Affordability — Granite Bay, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $1,119,000 |
| Median Household Income | $182,000 |