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Sarah Mitchell

CNESRESABR

Compass Real Estate · Granite, UT

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

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

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Granite, UT Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$1.66Mmedian sale price

How is the Granite, UT housing market right now?

The median home sale price in Granite, UT is $1.66M. Homes sell in an average of 71 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Seller's market0.5 months of supply71 avg. days on market

Granite, UT is currently a seller's market, based on 0.5 months of supply and homes selling in about 71 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

71

Average pace

Active listings

1

0.5 months supply

Sale-to-list

98.8%

Below asking

What does the Granite housing market data show?

Current housing market statistics for Granite, UT
MetricValue
Median sale price$1.66M
Median list price$1.34M
Average days on market71 days
Active inventory1 listings
Months of supply0.5 months
Sale-to-list price ratio98.8%
Median price per sq ft$300/sq ft
Homes sold (latest month)2
New listings (latest month)2
Listings with a price cut100.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Granite by property type?

How the Granite, UT 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, UT
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.66M$300/sq ft271 days
Condo / Co-op$1.15M$330/sq ft1101 days
Townhouse$1.10M$280/sq ft184 days

Source: Redfin · Updated monthly

The Granite housing market is currently classified as a seller's market with a median sale price of $1.66M. Prices have fallen 0.0% compared to last year, with homes spending an average of 71 days on market, indicating 0.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Granite

There are currently 1 homes listed for sale in Granite, Utah. The median listing price is $1.3M.

Active listings

1

Homes on market

Median list price

$1.3M

Avg. days on market

71

Days until sale

New this week

2

Newly listed

Price drops:100.0%of listings
Sale-to-list:98.8%

Who lives in Granite?

Population

813

Median income

$99,375/yr

Median age

49.4 years

Owner-occupied

80.9%

College grads

61.4%

Avg commute

24 min

Source: U.S. Census Bureau ACS

What is it like to live in Granite?

Granite is a community of approximately 1K residents with a median age of 49.4 years.The median household income is $99,375, which reflects a relatively affluent area with strong earning potential. 61.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 80.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Granite offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Granite, UT?

Want a head-to-head view? Compare Granite 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?

The median home sale price in Granite is $1.66M, down 0.0% from last year.

How long do homes stay on market in Granite?

Homes typically spend 71 days on market before going under contract.

What is the median income in Granite?

The median household income is $99,375 per year.

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

With 0.5 months of supply, Granite is currently a seller's market.

What is the median condo price in Granite?

The median condo/co-op sale price in Granite, UT is $1.15M, compared to $1.66M for a single-family home, based on the latest Redfin data.

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

The median single-family home price in Granite, UT is $1.66M (about $300 per square foot).

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