Granite Falls, WA—98252
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granite Falls, WA
As of Oct '25, the median home price in Granite Falls, WA is $569,000, with a year-over-year change of 1.7%. This indicates that home prices in Granite Falls, WA are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $569,000 | 1.7% |
| Single Family | $573,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $328,000 | -1.8% |
2 Bed | $461,000 | 0.2% |
3 Bed | $558,000 | 1.6% |
4 Bed | $684,000 | 1.3% |
| 5 Bed | $732,000 | 1.8% |
% of Housing Stock
Rental Trends — Granite Falls, WA
As of July '25, Rentcast reports the average rent in Granite Falls, WA is $2,170, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Granite Falls, WA is 1-bedrooms: $1,430, 3-bedrooms: $2,640, 4-bedrooms: $3,300. The most common rental property sizes in Granite Falls, WA are 2-bedroom and 3-bedroom, accounting for 35.1% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,160 | $1,430 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,500 | $2,640 |
| 4 Bed Rent | $3,300 | $3,300 |
% of Rental Stock
Property Listings — Granite Falls, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Granite Falls, WA is 44. This is a increase of 29.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $582,000 | -4.0% |
Listing Count | 40 | 14.0% |
| Listings as % of Homes | 0.6% | 14.0% |
Days on Market | 44 | 29.0% |
Demographics — Granite Falls, WA
As of the latest ACS Survey released in 2023, Granite Falls, WA has a population of 10,500, which has increased by 9.2% over the past 5 years. Granite Falls, WA is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,500 | 9.2% |
% Under 18 | 22.0% | -1.8% |
% Seniors | 15.6% | 24.8% |
% WFH | 14.8% | 138.7% |
% w/ College Degree | 24.9% | 62.7% |
As of the latest ACS Survey released in 2023, Granite Falls, WA is a predominantly white area, with 82.2% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Granite Falls, WA is hispanic, making up 6.6% of the population. Foreign-born residents account for 5.4% of the population in Granite Falls, WA, and this percentage has increased by 10.2% 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 | 82.2% | -6.7% |
% Black | 0.3% | 0.0% |
% Hispanic | 6.6% | 6.5% |
% Asian | 4.7% | 840.0% |
% Foreign Born | 5.4% | 10.2% |
Mortgage and Risk — Granite Falls, WA
According to HUD data as of 2023, there were 275 mortgage originations in Granite Falls, WA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Granite Falls, WA. Investor activity is low, as 0.0% 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 | 275 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Granite Falls, WA
Granite Falls, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 4.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $890 | $1,160 | $2,050 |
| 2 Bedroom | N/A | N/A | $2,390 |
| 3 Bedroom | $660 | $2,500 | $3,160 |
| 4 Bedroom | $380 | $3,300 | $3,680 |
Affordability — Granite Falls, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $569,000 |
| Median Household Income | $95,200 |