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Granite Falls MinnesotaPhoto: Tim Kiser (w:User:Malepheasant) · CC BY-SA 2.5
Housing in Granite Falls

33 homes sold in Granite Falls in the last year, at a typical $171K

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

Homes for sale in Granite FallsZillowRedfinRealtor.comMore places to look ↓
Homes sold
33
October 2025 to September 2026
Typical sale price
$171K
median, weighted by sales
Price per square foot
$94
Minnesota $189
Paid vs. asking
95.8%
13% sold over asking
For sale now
11
September 2026 · 3 sold that month
What sold · last 12 months

Houses are 0% of Granite Falls’ sales, at a typical — (year to May 2026)

33 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

33 sales in the last year, against 42 in 2018 and a low of 24 in 2013. The typical sale went from $100K in 2016 to $171K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2012: 29 sold, typical $97K’122013: 24 sold, typical $93K2014: 32 sold, typical $92K’142015: 30 sold, typical $103K2016: 29 sold, typical $100K’162017: 34 sold, typical $76K2018: 42 sold, typical $81K’182019: 35 sold, typical $108K2020: 35 sold, typical $120K’202021: 41 sold, typical $135K2022: 41 sold, typical $133K’222023: 34 sold, typical $145K2024: 31 sold, typical $178K’242025: 34 sold, typical $170KLast 12 months: 33 sold, typical $171KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Granite Falls are back to pre-pandemic levels, but 43% fewer homes come up for sale

We read every month of Granite Falls’ 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 September 2026, 33 sales.

If you’re buying in Granite Falls

  • Shop in October. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
  • Offer under asking. Buyers paid 95.8% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 41 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

September has the most new listings (about 4 a month), but July is the most competitive: 21% of July sales close over asking. February has the least competition (9%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 12% sold over asking, 92 days to sellJFeb: 3 new listings a month, 9% sold over asking, 92 days to sellFMar: 3 new listings a month, 12% sold over asking, 88 days to sellMApr: 3 new listings a month, 13% sold over asking, 91 days to sellAMay: 3 new listings a month, 20% sold over asking, 82 days to sellMJun: 4 new listings a month, 18% sold over asking, 75 days to sellJJul: 4 new listings a month, 21% sold over asking, 82 days to sellJAug: 4 new listings a month, 18% sold over asking, 69 days to sellASep: 4 new listings a month, 15% sold over asking, 73 days to sellSOct: 4 new listings a month, 14% sold over asking, 72 days to sellONov: 3 new listings a month, 13% sold over asking, 80 days to sellNDec: 2 new listings a month, 16% sold over asking, 87 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Minnesota

Granite Falls now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price13%15%12%29%
Gone within two weeksShare of homes under contract within 14 days29%5%34%40%
Price paid vs. askingAverage sale price ÷ list price95.8%95.5%94.9%99%
Days to sellMedian days from listing to contract411064538
Supply

9 homes for sale on a typical day

That’s 1.5 times the 2022 low (6), 43% fewer than in 2017–19 and well under 2012’s 22.

2012: 22 for sale’122013: 21 for sale2014: 17 for sale2015: 21 for sale’152016: 19 for sale2017: 16 for sale2018: 17 for sale’182019: 14 for sale2020: 13 for sale2021: 9 for sale’212022: 6 for sale2023: 8 for sale2024: 9 for sale’242025: 6 for saleLast 12 months: 9 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Granite Falls home costs about $1,093 a month

Mortgage
Property tax
Insurance
Rent

Price: Granite Falls’ typical sale, last 12 months. Property tax at Granite Falls’ 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Granite Falls is affordable on local pay is on Cost of living.

Before you buy in Granite Falls

Six things worth knowing

4

New listings in September

The month with the most choice. January has the fewest, about 2.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $171K home, about $2,420 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Granite Falls, from test results, graduation and how much students grow.

Schools in Granite Falls
17 min

Typical commute

The average one-way trip to work for people who live in Granite Falls.

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.

Selling, or renting out?

Post your home to Granite Falls, free

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

Questions about buying a home in Granite Falls

What do homes sell for in Granite Falls, MN?

33 homes sold in the year to September 2026 at a typical $171K, $94 a square foot.

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

A seller’s market: 11 homes were for sale in September 2026 and 3 sold, about 3.3 months of supply. Buyers paid 95.8% of asking on average.

When is the best time to buy in Granite Falls?

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

How much are property taxes in Granite Falls?

About 1.4% of a home’s value a year. On a $171K home that’s near $2,420.

Where can I see homes for sale in Granite Falls?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).