Granger, WA—98932
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Granger, WA
As of Nov '25, the median home price in Granger, WA is $304,000, with a year-over-year change of 5.0%. This indicates that home prices in Granger, WA are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $304,000 | 5.0% |
| Single Family | $304,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $235,000 | 8.3% |
3 Bed | $317,000 | 5.0% |
4 Bed | $355,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Granger, WA
Granger, WA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Granger, WA
As of Nov '25, Realtor.com reports that the median days on market for a home in Granger, WA is 71. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | 14.0% |
Listing Count | 6 | 38.0% |
| Listings as % of Homes | 0.1% | 38.0% |
Days on Market | 71 | -23.0% |
Demographics — Granger, WA
As of the latest ACS Survey released in 2023, Granger, WA has a population of 5,740, which has increased by 11.2% over the past 5 years. Granger, WA is a popular place for families, as children make up 33.3% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,740 | 11.2% |
% Under 18 | 33.3% | -5.9% |
% Seniors | 7.5% | 27.1% |
% WFH | 2.2% | -57.7% |
% w/ College Degree | 11.3% | 54.8% |
As of the latest ACS Survey released in 2023, Granger, WA is a predominantly hispanic area, with 86.9% of the population identifying as hispanic. The hispanic population has grown by 14.3% in the last 5 years. The second most common race or ethnicity in Granger, WA is white, making up 11.5% of the population. Foreign-born residents account for 27.4% of the population in Granger, WA, and this percentage has increased by 7.5% 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 | 11.5% | -39.5% |
% Black | 0.3% | -57.1% |
% Hispanic | 86.9% | 14.3% |
% Asian | 0.1% | -50.0% |
% Foreign Born | 27.4% | 7.5% |
Mortgage and Risk — Granger, WA
According to HUD data as of 2023, there were 29 mortgage originations in Granger, WA, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Granger, WA. Investor activity is low, as 3.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Rentals and Section 8 — Granger, WA
Granger, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,370 |
| 3 Bedroom | N/A | N/A | $1,920 |
| 4 Bedroom | N/A | N/A | $2,020 |
Affordability — Granger, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $304,000 |
| Median Household Income | $68,700 |