Granite Falls Housing Market Report December 2024•Snohomish County, Washington

hero building illustration for mobile

Housing Prices in Granite Falls, WA

How much do homes in Granite Falls, WA cost?

Housing Market Conditions

Is Granite Falls, WA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Granite Falls is a Seller's Market

Difference Since December 2023

Since last year, Granite Falls has remained a Seller's Market.

Insight

Granite Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$530,000$363/SqFt
+$16,500
+3.2%

Based on all homes sold in the last 12 months

Insight

Homes in Granite Falls have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Granite Falls was $530,000 in December 2024, up 3.2% from last year, and the median price per square foot was $363.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$336K$314.5K
-6.4%
2$424.5K$425K
0.1%
3$500K$525K
+5.0%
4$570K$661K
+16.0%
5$632.5K$689.6K
+9.0%

Summary: Granite Falls housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -6.4%. The home price for 2 bedroom homes increased by 0.1%. The home price for 3 bedroom homes increased by +5.0%. The home price for 4 bedroom homes increased by +16.0%. The home price for 5 bedroom homes increased by +9.0%.

Housing supply in Granite Falls, WA

How many homes are available in Granite Falls, WA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
41Last MonthDec 2024
382 months agoNov 2024
+7.9 %
Change MoMNov – Dec

Summary: The Granite Falls real estate market had 41 homes for sale in Dec 2024, a 7.9 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthDec 2024
72 months agoNov 2024
+42.9 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
120
-100.0%
268
+33.3%
31719
+11.8%
467
+16.7%
577
0.0%

Summary: Granite Falls housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +11.8%. The inventory for 4 bedroom homes increased by +16.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Granite Falls, WA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price2 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in Granite Falls, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Granite Falls in December 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and and 30% were sold over asking.

Days on Market for Granite Falls, WA

How long does it take to sell a home in Granite Falls, WA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days9 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Granite Falls has remained consistent over time.

Summary: During December 2024, 10 homes were sold in Granite Falls; 10% of homes were sold within 30 days, 90% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
49 DaysThis YearDec 2024
25 Days1 year agoDec 2023
+96.0 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Granite Falls had an average listing age of 49 days in Dec 2024, up by 96.0% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Granite Falls, WA

What homes are available in Granite Falls, WA?

New listings aren’t available for Granite Falls, WA

Nearby markets

Nearby markets aren't available for Granite Falls, WA

Popular Cities with Homes for Sale in Washington

MLS Disclaimers and Copyright