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View of Grass Valley, CA 2025Photo: AstroDominant · CC BY 4.0
Housing in Grass Valley

160 homes sold in Grass Valley in the last year, at a typical $500K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Grass Valley homes are listed.

Homes sold
160
June 2025 to May 2026
Typical sale price
$500K
median, weighted by sales
Price per square foot
$319
California $504
Paid vs. asking
98.2%
24% sold over asking
For sale now
36
May 2026 · 14 sold that month
What sold · last 12 months

Houses are 90% of Grass Valley’s sales, at a typical $509K

160 homes sold in the year to May 2026.

Houses$509K

typical sale · 144 sold in 12 months

Per square foot
$323CA $494
Days to sell
52
Sold over asking
24%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $473K
Townhouses: 6 sold, typical $342K
Condos: 3 sold, typical $324K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

160 sales in the last year, against 253 in 2021 and a low of 151 in 2025. The typical sale went from $321K in 2016 to $500K.

Homes soldTypical sale price
075150225300$225K$350K$475K$600K2012: 195 sold, typical $186K’122013: 201 sold, typical $251K2014: 180 sold, typical $272K’142015: 235 sold, typical $292K2016: 186 sold, typical $321K’162017: 206 sold, typical $347K2018: 213 sold, typical $366K’182019: 208 sold, typical $377K2020: 236 sold, typical $411K’202021: 253 sold, typical $471K2022: 210 sold, typical $489K’222023: 152 sold, typical $469K2024: 158 sold, typical $505K’242025: 151 sold, typical $493KLast 12 months: 160 sold, typical $500KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Grass Valley

Houseat $323 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Grass Valley homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Grass Valley are back to pre-pandemic levels, and more homes are for sale

We read every month of Grass Valley’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 160 sales.

If you’re buying in Grass Valley

  • Shop in May. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
  • Some room to negotiate. 26% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.2% of the list price on average; 24% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 53 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 22 a month), but June is the most competitive: 36% of June sales close over asking. December has the least competition (19%) but only about 7 new listings.

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 11 new listings a month, 29% sold over asking, 60 days to sellJFeb: 12 new listings a month, 24% sold over asking, 49 days to sellFMar: 13 new listings a month, 21% sold over asking, 34 days to sellMApr: 15 new listings a month, 26% sold over asking, 57 days to sellAMay: 22 new listings a month, 28% sold over asking, 27 days to sellMJun: 18 new listings a month, 36% sold over asking, 45 days to sellJJul: 17 new listings a month, 25% sold over asking, 24 days to sellJAug: 16 new listings a month, 24% sold over asking, 37 days to sellASep: 16 new listings a month, 28% sold over asking, 36 days to sellSOct: 17 new listings a month, 23% sold over asking, 46 days to sellONov: 11 new listings a month, 28% sold over asking, 38 days to sellNDec: 7 new listings a month, 19% sold over asking, 49 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than California

Grass Valley now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price24%20%40%36%
Gone within two weeksShare of homes under contract within 14 days29%17%40%31%
Listings with a price cutShare of homes for sale that cut their price26%28%27%24%
Price paid vs. askingAverage sale price ÷ list price98.2%98.4%100%99.7%
Days to sellMedian days from listing to contract53462144
Supply

45 homes for sale on a typical day

That’s 16.1 times the 2012 low (3) and 61% more than in 2017–19.

2012: 3 for sale’122013: 9 for sale2014: 16 for sale2015: 17 for sale’152016: 17 for sale2017: 15 for sale2018: 24 for sale’182019: 46 for sale2020: 44 for sale2021: 32 for sale’212022: 42 for sale2023: 31 for sale2024: 35 for sale’242025: 47 for saleLast 12 months: 45 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 28% in 2017–19 and 24% across California.

2015: 28%’152016: 24%2017: 33%2018: 32%’182019: 25%2020: 21%2021: 27%’212022: 33%2023: 25%2024: 34%’242025: 26%Last 12 months: 26%Now
Across California

Grass Valley ranks 447th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Grass Valley is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Grass Valley home costs about $2,913 a month

Mortgage
Property tax
Insurance
Rent

Price: Grass Valley’s typical sale, last 12 months. Property tax at Grass Valley’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Grass Valley is affordable on local pay is on Cost of living.

Before you buy in Grass Valley

Six things worth knowing

22

New listings in May

The month with the most choice. December has the fewest, about 7.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $500K home, about $3,650 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Grass Valley, from test results, graduation and how much students grow.

Schools in Grass Valley
17 min

Typical commute

The average one-way trip to work for people who live in Grass Valley.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Penn Valley, Lake Wildwood and Colfax sell for less a square foot

The busier markets within 25 miles of Grass Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Grass Valley160$500K$31924%53
Lake Wildwood128$504K$26230%43
Lake of the Pines107$703K$33718%69
Nevada City58$681K$36322%71
Meadow Vista46$677K$37030%28
Colfax24$393K$27833%80
Penn Valley21$516K$28333%58

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Grass Valley, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Grass Valley. People who follow the town see it, and so do people comparing Grass Valley with their own town. No commission, no listing fee.

Questions about buying a home in Grass Valley

What do homes sell for in Grass Valley, CA?

160 homes sold in the year to May 2026 at a typical $500K, $319 a square foot.

Is Grass Valley a buyer’s or seller’s market?

A seller’s market: 36 homes were for sale in May 2026 and 14 sold, about 2.6 months of supply. Buyers paid 98.2% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Grass Valley?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Grass Valley?

About 0.7% of a home’s value a year. On a $500K home that’s near $3,650.

Where can I see homes for sale in Grass Valley?

Zillow, Redfin, Realtor.com and Homes.com all carry Grass Valley’s MLS listings; the search links above open each one filtered to Grass Valley.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).