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These days, finding an affordable place to live in the Granby area can be challenging. Home prices in Granby are now at a median cost of $351,730, lower than the Massachusetts average of $625,090.
The average cost of rent is $1,431/mo in Granby, primarily driven by the current value of real estate in the Granby area. In Granby, 5.92% of households rent, and 33.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Granby is $9,898 per month. Households that rent pay about 14.46% of their income on rent here. Granby’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Hadley, MA: equally priced homes
- Ludlow Center, MA: equally priced homes
- South Amherst, MA: higher priced homes
- Belchertown, MA: equally priced homes
- Ludlow, MA: equally priced homes
- Hadley, MA: higher priced homes
- Holyoke, MA: less expensive homes
- Chicopee, MA: less expensive homes
- Indian Orchard, MA: less expensive homes
- Northampton, MA: higher priced homes
Cities with Similar Populations
- Caruthersville, MO: less expensive homes
- Caddo Mills, TX: less expensive homes
- Calhoun, LA: less expensive homes
- Calipatria, CA: less expensive homes
- Calistoga, CA: higher priced homes
- Calumet Park, IL: less expensive homes
- Cameron, TX: less expensive homes
- Schnecksville, PA: equally priced homes
- Schuyler, NE: less expensive homes
- Severance, CO: higher priced homes
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