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Sarah Mitchell

CNESRESABR

Compass Real Estate · Granite Falls, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Granite Falls, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Granite Falls, NC Housing Market & Real Estate

Leaning buyer's-20.0% YoY

Housing market overview · Updated monthly ·

$240,000median sale price

How is the Granite Falls, NC housing market right now?

The median home sale price in Granite Falls, NC is $240,000, down 20.0% year-over-year. Homes sell in an average of 36 days with 26 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Granite Falls a buyer's or seller's market?

Leaning buyer's8.7 months of supply36 avg. days on market

Granite Falls, NC is currently a leaning buyer's, based on 8.7 months of supply and homes selling in about 36 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

36

Average pace

Active listings

26

8.7 months supply

Sale-to-list

101.0%

Above asking

What does the Granite Falls housing market data show?

Current housing market statistics for Granite Falls, NC
MetricValue
Median sale price$240,000
Median list price$329,900
Year-over-year price change-20.0%
Average days on market36 days
Active inventory26 listings
Months of supply8.7 months
Sale-to-list price ratio101.0%
Median price per sq ft$216/sq ft
Homes sold (latest month)3
New listings (latest month)3
Listings with a price cut26.9%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Granite Falls by property type?

How the Granite Falls, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Granite Falls, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$240,000$216/sq ft336 days
Townhouse$170,000$180/sq ft1122 days

Source: Redfin · Updated monthly

The Granite Falls housing market is currently classified as a leaning buyer's with a median sale price of $240,000. Prices have fallen 20.0% compared to last year, with homes spending an average of 36 days on market, indicating 8.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.

Homes for sale in Granite Falls

There are currently 26 homes listed for sale in Granite Falls, North Carolina. The median listing price is $330K.

Active listings

26

Homes on market

Median list price

$330K

Avg. days on market

36

Days until sale

New this week

3

Newly listed

Price drops:26.9%of listings
Sale-to-list:101.0%

Who lives in Granite Falls?

Population

4,921

Median income

$74,250/yr

Median age

42.4 years

Owner-occupied

68.2%

College grads

27.2%

Avg commute

26.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Granite Falls?

Zillow home value

$281,377

Price-to-income

3.8x

Source: Zillow Research

What is it like to live in Granite Falls?

Granite Falls is a community of approximately 5K residents with a median age of 42.4 years.The median household income is $74,250, which represents a working-class community with solid middle-income opportunities. 27.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 68.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Granite Falls offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Granite Falls?

6 schools tracked · 2,295 students

The largest public schools serving Granite Falls, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Granite Falls Elementary

Grades PK-5 · 593 students

Public

Granite Falls Middle

Grades 6-8 · 525 students

Public

Dudley Shoals Elementary

Grades PK-5 · 432 students

Public

Baton Elementary

Grades PK-5 · 347 students

Public

Sawmills Elementary

Grades PK-5 · 336 students

Public

Gateway School

Grades 6-12 · 62 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Granite Falls, NC?

Want a head-to-head view? Compare Granite Falls side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Granite Falls?

The median home sale price in Granite Falls is $240,000, down 20.0% from last year.

How long do homes stay on market in Granite Falls?

Homes typically spend 36 days on market before going under contract.

What is the median income in Granite Falls?

The median household income is $74,250 per year.

Is Granite Falls a buyer's or seller's market?

With 8.7 months of supply, Granite Falls is currently a leaning buyer's.

What is the Zillow home value estimate for Granite Falls?

The Zillow Home Value Index (ZHVI) for Granite Falls is $281,377, representing the typical home value in the area.

How much does a single-family home cost in Granite Falls?

The median single-family home price in Granite Falls, NC is $240,000 (about $216 per square foot).

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