Granite Falls, MN Home Values & Market Trends
Real estate market trends reflect that there have been 34 transactions over the past year in Granite Falls. The median value for residential home transactions that occurred over the previous year is $171,610. The number of current listings in Granite Falls is 63, and the percentage of properties for sale in the city is 63.00%. Granite Falls, MN currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 63 properties for sale.
Granite Falls, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56241 | $ 171,610 $ 137/sqft |
Housing Market Summary for Granite Falls, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $180K | $197.5K | 9.72% |
| Median Sold Price | $210.4K | $143K | -32.04% |
| Homes For Sale | 39 | 62 | 58.97% |
| Homes Sold | 5 | 7 | 40.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Granite Falls, MN
Browse Homes in Granite Falls, MN
Granite Falls home values range from $30,000 to $366,572. The median estimated value of a home in Granite Falls is $171,610. The median list price of a home is 197,500, and the total count of properties in the city is 75.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Granite Falls, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Granite Falls, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Granite Falls, MN ranges from the highest value of $150,000 in 56241 to the lowest value of $150,000 in 56241. Bank owned homes and properties account for 1.33% of properties in Granite Falls, MN. There is 1 zips within Granite Falls, MN; 56241 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56241 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Granite Falls, MN. Auction homes and other auction properties account for 1.33% of all properties in Granite Falls, MN. There is 1 zips within Granite Falls, MN; of that zips, the median estimated home value for homes going to auction ranges from $215,623 in 56241 to the lowest value of $215,623 in 56241.
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Guide for Granite Falls, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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