Granite Bay, California.
Typical home $1,159,779 (+3.6% in a year), asking rent $3,332 . Sacramento-Roseville-Folsom, CA metro.
to buy the typical home at today's mortgage rate — +$3,215 (+112%) since Jan 2020.
- 1 year
- Up $40,635 +4%
- $1,119,144$1,159,779 since Sep 2025
- 5 years
- Up $108,229 +10%
- $1,051,550$1,159,779 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Granite Bay$6,087
- California$3,997
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 35 years.
Typical home values in Granite Bay, CA rose 3.6% over the past year — faster than the nation's +1.2%.
Living in Granite Bay, Placer County, California
Granite Bay, in Placer County, had 21,247 people in the 2020 census. Half its households earn more than $184,606 a year and half less, against $115,998 across Placer County; 5% of its people live below the poverty line. 90% of its homes are lived in by their owners and 10% are rented. Unemployment in Placer County was 4.5% in August 2026, and the county had 0.7% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Granite Bay is a community in Placer County where residents are older than in most places, and where nearly everyone owns the home they live in. Household incomes run well above the county's, relatively few people live below the poverty line, and a large majority of adults hold a four-year degree. Winters are cool and wet, while summers are hot.
Work. Many residents work in schools, hospitals and social care, in professional and business services, in banks, insurance and property, or in government. Some of the largest workplaces in town are Eureka Union Schools, Eskaton and Nugget Market. Commutes are about typical for the country, and a good number of people work from home, more than in many places.
Things to do. Folsom Lake State Recreation Area lies in or beside town, so the lake and its shoreline are close at hand. A short drive away are Folsom Powerhouse State Historic Park and the Folsom City Zoo Sanctuary. For a longer outing, the Crocker Art Museum is a longer drive away.
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- 7,557households
- 64%of adults have a degree
- 5%below the poverty line
- 25 mintypical commute
- 26%work from home
What residents work in
Employed residents by industry, from the Census survey. Placer County had 188,212 jobs in 2025, 0.7% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 56° and lows near 37°; warmest in July, with highs near 93° and lows near 63°. About 36 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Auburn weather station, 11 miles away (NOAA).
Largest workplaces in Granite Bay
- Eureka Union SchoolsSchool district288FTE
- EskatonAssisted-living facilities without on-site nursing care facilities118
- Nugget MarketRetail117
- Surgical Affiliates Management GroupManaging offices of professionals100
- Raleys 412-Granite BaySupermarkets and other grocery retailers62
- San Juan Water DistrictWater treatment and distribution48
- Hunter Energy SolutionsInstallation of photovoltaic panels41
- Sevita 114130_GRANITEOther residential care facilities40
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 11 workplaces with 20 or more staff, 635 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Granite Bay’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Placer County and the Sacramento-Roseville-Folsom, CA metro.
Granite Bay home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Granite Bay$1,159,779
- California$761,538
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Granite Bay listings, and the typical home goes pending in 25 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Granite Bay31.36%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Granite Bay25
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Granite Bay90
New listings per month
Sellers arriving at the market.
- Granite Bay26
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Granite Bay$1,173,868
- United States$371,553
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Granite Bay99.76%
Zip codes with a Granite Bay address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Granite Bay — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.