Housing in 95746 Granite Bay, CA is quite expensive with a median value of $1,055,800. This is much higher than the US house median value of $338,100 and significantly higher than the US house 1 year appreciation rate of 8.27%. However, Granite Bay did experience an appreciation rate of 2.25% over the same period, indicating that housing prices are beginning to stabilize in this area. The high median value is likely due to Granite Bay's proximity to Sacramento and close access to amenities and services such as shopping centers and restaurants. Although it may be difficult for many people to afford buying a house in this area, it remains one of the most desirable places to live in California.
The median home cost in Granite Bay (zip 95746) is $1,055,800. Home appreciation the last 10 years has been 143.8%. Home Appreciation in Granite Bay (zip 95746) is up 10.0%.
Average Age of Homes
- The median age of Granite Bay (zip 95746) real estate is 29 years old
The Rental Market in Granite Bay (zip 95746)
- Renters make up 10.7% of the Granite Bay (zip 95746) population
- 1.0% of houses and apartments in Granite Bay (zip 95746), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.