Housing in Granite Falls, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$140,688
Granite Falls vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Granite Falls is highlighted.
Median Home Value
38th%ilemost expensive$139,700show rank
Median Rent
32nd%ilemost expensive rent$818show rank
Rent Burden
35th%ilehighest rent burden16.5%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$139,700
Median Rent
$818
Total Housing Units
1,258
Vacancy Rate
4.5%
Owner Occupied
77.8%
Renter Occupied
22.2%
Median Property Tax
$2,012
per year
Monthly Cost (w/ Mortgage)
$1,106
Housing Types
Single Family81.3%
Multi-Family14.2%
Mobile Home4.5%
The median home value in Granite Falls, MN is $139,700. According to Zillow, the home value index for Granite Falls is $140,688. The median rent is $818 per month (Census ACS). About 77.8% of housing units are owner-occupied. The median year homes were built is 1970. There are 1,258 total housing units.