Granite Bay Housing Market Report – May 2026
Here's a look at how the Granite Bay, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 36
- Median Sale Price: $1,166,428
- Average Sale Price: $1,311,982
- Average Price Per Sq Ft: $444
- Average Days on Market: 77
- Sale-to-List Price Ratio: 100.0%
Month-Over-Month Trends
Compared to April, the median sale price in Granite Bay moved 20.9% down (from $1,474,250 to $1,166,428). The number of homes sold was 20.0% up compared to the prior month (30 vs. 36). Average days on market shifted 17.2% down (93 days to 77 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 16.1% down (from $1,390,000 to $1,166,428). Sales volume is 0.0% down year-over-year.
What This Means
Granite Bay's housing market is showing signs of stabilization after a pronounced cooldown earlier this year. While median prices have declined significantly—down 20.9% month-over-month and 16.1% year-over-year—the market is finding its footing with stronger fundamentals. Homes are now selling at list price, a healthy indicator of balanced supply and demand, and sellers are seeing their properties move off the market faster, with average days dropping to 77 from 93 just a month ago.
The uptick in sales volume paired with declining prices suggests we're witnessing a market correction rather than a collapse. After the previous months' inflated pricing, both buyers and sellers appear to be accepting more realistic valuations. At $444 per square foot and a median price of $1.17 million, Granite Bay remains a premium market, but one that's becoming more accessible. The current inventory of 116 homes suggests adequate supply without oversaturation.
This is a buyer-friendly moment if you've been waiting on the sidelines. The combination of competitive pricing, homes selling at ask, and shorter market times indicates sellers are motivated and the market is transparent. For anyone in the Granite Bay area considering a move, the conditions have shifted meaningfully in your favor compared to the previous year's heated competition.
Granite Bay Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 95746 | 36 | $1,166,428 | $444 | 77 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 36 | $1,166,428 | $444 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 3 |
| $750K+ | 33 |
Current Active Listings
As of this report, there are 116 active listings in Granite Bay with a median asking price of $1,199,950 and an average of 72 days on market.
Thinking About Selling Your Granite Bay Home?
If you're a homeowner in Granite Bay considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Granite Bay and throughout Placer County — get a no-obligation cash offer today.
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