Granite Bay Housing Market Report
A clear, data-driven look at home prices, buyer demand, and selling speed in Granite Bay, California (ZIP 95746). Refreshed every quarter with the latest MLS sales data by the local team at Powell Real Estate.
Prices held firm while the market cooled
Through the first half of 2026, Granite Bay behaved like a market that is catching its breath rather than changing direction. The median sale price of $1,265,000 is essentially flat against the same period last year (down just 0.5%), while the average sale price actually rose 2.0% to about $1.42 million. Price per square foot — often the truest read on underlying value — sat at $432, effectively unchanged.
What did change was tempo. Homes took a median of 24 days to go under contract, a noticeably more patient pace than a year ago (about 16 days), and closed sales dipped 3.8% to 125. That combination — steady prices, slower movement — is the signature of a market where buyers have regained a little breathing room without any meaningful give on price.
Buyer’s market or seller’s market?
It’s best described as a balanced-to-mildly-favorable seller’s market. Inventory has loosened enough that buyers can be selective and negotiate on the right listings, but the fundamentals — limited supply of quality homes, steady price-per-foot, multiple offers on the best properties — still tilt toward sellers who price correctly. The days of near-automatic bidding wars have passed; the days of falling prices have not arrived.
Granite Bay at a glance: H1 2026 vs. H1 2025
All figures reflect closed single-family sales in Granite Bay (ZIP 95746) via Metrolist MLS, January–June of each year.
| Metric | H1 2025 | H1 2026 | Change |
|---|---|---|---|
| Median Sale Price | $1,271,500 | $1,265,000 | −0.5% |
| Average Sale Price | $1,389,242 | $1,416,630 | +2.0% |
| Price per Sq Ft | $433 | $432 | −0.2% |
| Homes Sold | 130 | 125 | −3.8% |
| Median Days on Market | 16 | 24 | +8 days |
| Avg. Offers per Sale | 2.4 | 2.1 | −10% |
Read the trend, not just the headline: the median dipped a fraction while the average sale price rose 2%. That’s a sign of a steady, high-end market — not one softening in value.
The most competitive corner of the market
Hottest price range
This band was the most competitive in the first half of 2026: 57% sold above list price and 43% went under contract within a week — the sweet spot where Granite Bay’s move-up buyers and relocating families concentrate.
Speed & competition
Nearly a third of Granite Bay homes still went under contract within a week, sellers averaged 2.1 offers, and 28% closed above list price. About 30% of buyers paid cash. Correctly priced, well-staged homes still command attention — overpriced listings now sit noticeably longer.
15 years of price growth
Granite Bay’s median home price has more than doubled over 15 years — from roughly $535,000 in the first half of 2010 to about $1,265,000 in the first half of 2026. That’s an approximate 136% increase, underscoring the community’s durable, long-term demand as one of Placer County’s premier addresses.
Long-term figures are approximate, drawn from median-price benchmarks and updated each quarter. Short-term swings come and go; the 15-year trajectory is what matters for building equity.
Granite Bay real estate, answered
The questions buyers and sellers ask us most about the Granite Bay housing market.
Is Granite Bay a buyer’s or seller’s market in 2026?
What is the median home price in Granite Bay?
Are home prices in Granite Bay going up or down?
How long does it take to sell a home in Granite Bay?
What is the most in-demand price range in Granite Bay?
How much have Granite Bay home values grown over time?
Where is Granite Bay, California?
Thinking about a move in Granite Bay?
Get the full mid-year 2026 market report, or talk through what these numbers mean for your home or your next purchase with a local Powell Real Estate advisor.
Download the Full Report (PDF) Talk to a Granite Bay ExpertData reflects closed single-family residential sales reported to Metrolist MLS, January–June 2026 vs. January–June 2025, compiled by Powell Real Estate. Figures are for informational purposes and are not a guarantee of future performance or an appraisal of any individual property. Updated July 2026.
