Is Granby, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Granby, MO

How much do homes in Granby, MO cost?

Median Sold Price

$165,697

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,697(+22.7%)

Key Takeaway

Homes in Granby have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in Granby was $165,697 in May 2024, up 22.7% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $60K$54.9K
-8.5%
2 $77K$157.9K
+105.1%
3 $145K$145K
0.0%
4 $170.9K$255K
+49.2%
5+ $235K$197K
-16.2%

Summary: Granby housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 105.1%, 3 bedroom homes did not change, 4 bedroom homes increased by 49.2%, and 5+ bedroom homes decreased by 16.2%.

Median Sold Price Compared To Nearby Cities

Granby Township
+23.9%
Granby
+22.7%

Housing Supply in Granby, MO

How many homes are available in Granby, MO?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1724+41.2%

Summary: The Granby real estate market had 24 homes for sale in May 2024, a 41.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1419
+35.7%
4 22
0.0%
5+ 01
+100.0%

Summary: The Granby housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granby, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Granby in May 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Granby, MO

How long does it take to sell a home in Granby, MO?

Average Sale Time

May 2023May 2024CHANGE
159 Days143 Days-10.0%

Summary: Homes in Granby had an average of 143 days on market in May 2024, down by 10% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Granby are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 6 homes were sold in Granby; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 83% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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