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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Granite Bay, CA Housing Affordability Index

Granite Bay, California has an MBR Housing Affordability Index score of 74.1 (Moderately Less Affordable) as of October 30, 2026, ranking 413th most affordable of 785 scored California cities, compared with 67.5 statewide and 97.4 nationally. On a median-priced $1,135,900 home with 20% down, a jumbo loan at 7.50% means a monthly principal and interest payment of about $6,354, or 41% of the city’s $184,606 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Granite Bay is updated every night from live California mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Granite Bay MBR-HAI 74.1 Moderately Less Affordable
Rank in California 413 of 785 1 = most affordable
California 67.5 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.25% California lenders
Median home value $1,135,900 U.S. Census Bureau

Granite Bay is 6.6 points above the California score. Scores as of October 30, 2026. See the California index

View Granite Bay Mortgage Rates

What It Takes to Buy in Granite Bay

$6,354/mo
Principal & Interest
Median home, 20% down, 7.50% jumbo
$272,300
Income Needed
To keep the payment at 28% of income
$184,606
Median Household Income
California: $99,122
6.2x
Price-to-Income Ratio
California: 7.4x
$3,133/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$9,979/yr
Median Property Tax
0.88% of median value
32.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Granite Bay, California. The rate is the California average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state. A 20% down loan on the median home here is above the $832,750 conforming limit, so the index adds 0.25% for jumbo pricing.

Cite the Granite Bay Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Granite Bay, California score: 74.1 (Moderately Less Affordable), ranked 413 of 785 California cities. monitorbankrates.com/housing-affordability-index/california/granite-bay”