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The Granite Falls housing market is somewhat competitive, with a median home sale price of $285K last month, up slightly by 0.2% year-over-year, indicating stable overall pricing. However, the median price per square foot dropped significantly by 28.6% to $132, suggesting a shift toward larger or more affordable homes driving sales rather than higher-priced, smaller properties. This trend points to steady buyer interest but with a focus on value and space, keeping the market moderately active.
Median Sale Price
Median Sale Price per Sq. Ft.
Days on Market
Total Homes Sold
In May 2025, the Granite Falls housing market remained stable, with home prices up 0.2% year-over-year and a median sale price of $285K. Homes sold slightly faster, averaging 42 days on the market compared to 44 days last year, indicating steady buyer activity. Sales volume also increased, with 11 homes sold versus 6 a year ago, suggesting growing interest despite minimal price growth. This reflects a somewhat competitive market where reasonably priced homes are attracting consistent demand.
The Granite Falls housing market is somewhat competitive, with homes typically selling in about 50.5 days. On average, properties sell for around 2% below the list price, giving buyers some negotiating leverage. However, well-priced and desirable homes can still attract multiple offers, selling closer to the asking price and going pending in as little as 33 days, showing that quality listings continue to generate strong interest despite the moderate overall pace.
Granite Falls, NC was a buyer’s market in June 2025, meaning the supply of homes exceeded buyer demand. This gave buyers more negotiating power, as increased inventory allowed them to take more time evaluating options and potentially secure better deals, while sellers may have needed to price competitively or offer concessions to attract offers.
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Granite Falls offers prime access to Lake Hickory, but Duke Energy manages shoreline use. If buying waterfront, verify dock permits, shoreline stabilization rules, and setback requirements. Even off-water properties may be impacted by HOA lake-access rules, shared slips, or seasonal boat-traffic noise.
Some addresses list Granite Falls but lie in Caldwell County’s jurisdiction, not the incorporated town limits. Inside town limits, you’ll have municipal water/sewer, garbage, and police services with a town tax; outside, you may have wells/septic and rely on county sheriff/fire districts. Zoning, building permits, and short-term rental rules can differ significantly between the two.
Granite Falls has local conveniences but limited big-box retail, with most major shopping in Hickory or Lenoir. Consider proximity to US-321 for commutes to Hickory, Charlotte, or Boone, and account for traffic slowdowns near school zones or bridge crossings over the lake.
Most Granite Falls addresses fall under Caldwell County Schools, with specific assignments to Granite Falls Elementary, Granite Falls Middle, and South Caldwell High. Confirm boundaries—some edges of the town may be assigned to different districts—and explore charter/magnet options if you want alternatives. School reputation can directly affect property demand.
The foothills terrain means more sloped lots and clay or rocky soils. For vacant land or older homes on septic, confirm soil perk tests, system capacity, and feasibility for expansion. Steep driveways can affect accessibility during winter weather, especially on secondary roads that see delayed plowing.
Granite Falls is seeing steady growth driven by regional manufacturing, proximity to Lake Hickory recreation, and spillover from Hickory’s housing demand. Check planned infrastructure projects, subdivision developments, and commercial growth corridors. This can influence both appreciation potential and neighborhood character over time.
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