The median home value in Granite Bay is $670,700. Granite Bay home values have gone up 4.5% over the past year and Zillow predicts they will rise 4.0% within the next year. Foreclosures will be a factor impacting home values in the next several years.

In Granite Bay 1.2 homes are foreclosed (per 10,000). This is lower than the Sacramento Metro value of 2.4 and also lower than the national value of 2.7 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 Granite Bay is 0.0%, which is lower than the national value of 0.0%. 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 Granite Bay homeowners underwater on their mortgage is 0.1%, which is lower than Sacramento Metro at 0.1%.

(from Zillow for demonstration purposes only)