Housing & Real Estate — Granite Falls, Minnesota
Overview
| Total Housing Units | 1,258 |
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| Occupied | 1,202 |
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| Vacant | 56 |
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| Owner-Occupied | 935 |
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| Renter-Occupied | 267 |
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| Median Home Value (Census) | $136,700 |
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| Estimated 2026 | ~$157,000 |
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| Median Rent | $818/mo |
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| Median Property Tax | $1,931/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | affordable |
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| Rent as % of Income | 16.5% |
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| Severely Rent-Burdened | 17.5% |
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Housing Age
| Built 2010 or later | 26 |
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| Built 2000-2009 | 95 |
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| Built 1990-1999 | 138 |
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| Built before 1960 | 461 |
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| Median Year Built | 1972 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
