Home Values

Granby Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$252,600

  • -5.0% 1-year change
  • -0.4% 1-year forecast

The median home value in Granby is $252,600. Granby home values have declined -5.0% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in Granby is $147, which is higher than the Hartford Metro average of $146. The median price of homes currently listed in Granby is $289,900 while the median price of homes that sold is $292,500. The median rent price in Granby is $1,300, which is higher than the Hartford Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Granby 4.5 homes are foreclosed (per 10,000). This is greater than the Hartford Metro value of 2.1 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Granby is 4.1%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Granby homeowners underwater on their mortgage is 13.9%, which is lower than Hartford Metro at 18.1%.

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Relative ZHVI
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Granby Market Overview

Data through Nov 30, 2014
  • $252,600 ZHVI
  • -0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $289,900 Median listing price
  • No recent data Median sale price
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Granby Market Health

Data through Nov 30, 2014
  • 2.1/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 13.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4.5 homes(Oct 31, 2014) Granby
2.1 homes Hartford Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
West Simsbury $341,300
North Granby $329,100
Simsbury $300,400
Name Median ZHVI
Weatogue $274,300
East Granby $259,200
Hartland $249,900
Name Median ZHVI
Southwick $226,200
Salmon Brook $204,500
Tariffville $189,200

Listings & Sales

Data through Nov 30, 2014
  • $147 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
45.5%
Sold below listing
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Granby Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,891 Granby
    $1,619 Hartford Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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