Granby, MA—01033
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granby, MA
As of Oct '25, the median home price in Granby, MA is $394,000, with a year-over-year change of 1.5%. This indicates that home prices in Granby, MA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $394,000 | 1.5% |
| Single Family | $402,000 | 0.5% |
| Condos | $261,000 | 5.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $315,000 | 0.3% |
3 Bed | $407,000 | 0.5% |
4 Bed | $471,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Granby, MA
As of July '25, Rentcast reports the average rent in Granby, MA is $1,920, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Granby, MA is 1-bedrooms: $1,480, 2-bedrooms: $2,250, 3-bedrooms: $2,050. The most common rental property sizes in Granby, MA are 2-bedroom and 1-bedroom, accounting for 58.0% and 21.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $1,920 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,480 | $1,480 |
| 2 Bed Rent | $2,250 | $2,250 |
| 3 Bed Rent | $2,050 | $2,050 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Granby, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Granby, MA is 52. This is a increase of 64.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $446,000 | -6.0% |
Listing Count | 13 | -27.0% |
| Listings as % of Homes | 0.3% | -27.0% |
Days on Market | 52 | 64.0% |
Demographics — Granby, MA
As of the latest ACS Survey released in 2023, Granby, MA has a population of 6,090, which has decreased by -3.9% over the past 5 years. Granby, MA is a less popular place for families, as children make up 14.6% of the population. The area has a moderately educated workforce, with 37.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,090 | -3.9% |
% Under 18 | 14.6% | -14.1% |
% Seniors | 22.0% | 23.6% |
% WFH | 7.5% | 97.4% |
% w/ College Degree | 37.4% | -11.2% |
As of the latest ACS Survey released in 2023, Granby, MA is a predominantly white area, with 92.3% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Granby, MA is hispanic, making up 3.6% of the population. Foreign-born residents account for 4.4% of the population in Granby, MA, and this percentage has increased by 15.8% 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 | 92.3% | 0.1% |
% Black | 2.0% | ∞% |
% Hispanic | 3.6% | -36.8% |
% Asian | 0.4% | 33.3% |
% Foreign Born | 4.4% | 15.8% |
Mortgage and Risk — Granby, MA
According to HUD data as of 2023, there were 135 mortgage originations in Granby, MA, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Granby, MA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Granby, MA
Granby, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$470 | $1,480 | $1,010 |
| 2 Bedroom | -$1,010 | $2,250 | $1,240 |
| 3 Bedroom | -$540 | $2,050 | $1,510 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Granby, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $394,000 |
| Median Household Income | $110,000 |