Granite County by the Numbers
- Closed sales (last 90 days): 8
- Median sold price (last 90 days): $702,500
- Median price per square foot: $402
- Average days on market: Not available
- Median sold price (prior 90 days): $465,000
- Quarter-over-quarter median price change: 51.1%
What the Numbers Mean
The real estate market in Granite County is characterized by a modest volume of transactions, which makes the data susceptible to significant fluctuations based on the specific types of properties that close in any given period. For the 90-day period ending in September 2026, there were 8 closed sales recorded in the regional MLS. Because the sample size is quite small, the 51.1% increase in the median sold price—rising from $465,000 to $702,500—should be viewed as a reflection of the specific mix of homes sold rather than a broad, uniform shift in property values across the county. In markets with low transaction counts, a single high-end sale or a shift in the inventory of homes sold can disproportionately impact the median, and therefore, these figures should not be interpreted as a definitive indicator of long-term appreciation trends.
For Buyers
- Focus on individual property value rather than broad market averages. In rural counties with thin volume, the "median" price is less useful for predicting what a specific home is worth than a comparative market analysis of similar homes nearby.
- Prepare for limited inventory. With only 8 closed sales in the last three months, buyers should maintain patience and readiness to act when a property that meets their criteria enters the market, as options may be infrequent.
- Understand the cost metrics. Use the median price per square foot of $402 as a very general baseline, but be aware that rural properties often have significant price variances based on acreage, utility access, and building quality that simple averages do not capture.
For Sellers
- Price based on comparable local sales. Because the median price has shown such wide swings, do not rely on county-wide percentage shifts to set your asking price. Work with a professional to identify homes truly similar to yours in size, location, and condition.
- Present your property clearly. In a low-volume market, every listing is a primary focus for active buyers. Investing in high-quality photos and ensuring the property is well-maintained can make a significant difference in a market where inventory is scarce.
- Manage expectations regarding timeline. As average days on market data is currently unavailable, acknowledge that rural transactions can take longer to close due to potential inspections, financing requirements, or logistical factors unique to the area.
About This Report
This report is generated using aggregated closed-sale data from regional MLS systems via a licensed feed, covering the period through September 2026. Please be advised that past performance does not guarantee future results, and market conditions in low-volume areas remain inherently volatile.