Granby Single-Family Prices Rise 5.9% Amid National Decline

Market summary

Granby reports a $380,000 median single-family sale price with 5.9% annual growth. This local appreciation contrasts with the national composite index decline observed in August 2026.

Central finding

Granby's single-family median sale price of $380,000 and 5.9% annual price growth position it as a fast-appreciating market within Quebec. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]

Granby Single-Family Price Growth Outpaces National Trends

The median sale price for a single-family home in Granby stands at $380,000 according to a September 2026 snapshot. This valuation accompanies a reported 5.9% annual price growth rate, identifying Granby as one of Quebec's fastest-appreciating markets during this period. The data reflects city-wide conditions rather than specific neighbourhood variations.

This local appreciation occurs while the national composite MLS home price index remained unchanged month-over-month and declined 3% year-over-year in August 2026. The divergence highlights Granby's distinct market dynamics relative to broader Canadian housing trends. Buyers in Granby face a different pricing environment than those in regions tracking the national average more closely. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]

National Housing Stability Provides Context for Local Performance

Canada-wide housing dynamics were described as stable with slight downward pressure in late September 2026. The national composite MLS home price index showed no month-over-month change and a 3% year-over-year decrease for August 2026. These national figures provide a benchmark against which Granby's stronger local performance can be evaluated.

The contrast between Granby's 5.9% annual growth and the national 3% decline suggests localized factors are driving price increases in the city. This difference may reflect specific supply constraints, demographic shifts, or economic conditions unique to Granby. Understanding these local drivers is essential for interpreting the sustainability of the current price trajectory. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]

Next 3 months, 2026-12-31

Prices: rising. rising Why: Current 5.9% annual growth rate and $380,000 median price. Buyers: wait. Price growth suggests limited near-term discount opportunities. Sellers: either way. Stable growth supports current pricing without urgency. Watch: Monthly changes in active inventory levels or new listing volumes in Granby. Confidence: moderate. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]

Next 6 months, 2027-04-11

Prices: rising. rising Why: Continued alignment between local growth and national stability. Buyers: wait. Sustained appreciation reduces leverage for buyers seeking concessions. Sellers: either way. Market momentum favors sellers but does not require immediate action. Watch: Quarterly shifts in the national composite MLS home price index. Confidence: low. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]

Next 12 months, 2027-10-11

Prices: rising. rising Why: Long-term trajectory of 5.9% annual growth applied to the $380,000 baseline. Buyers: wait. Projected continued appreciation makes waiting less favorable for entry-level buyers. Sellers: either way. Extended growth period supports strong seller positioning. Watch: Annual comparisons of Granby median sale prices against previous years. Confidence: low. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]

Assumptions: The 5.9% annual price growth rate remains stable through the next quarter; National housing market conditions do not shift dramatically to impact regional demand. What would reverse this: A significant increase in Granby inventory or a sharp rise in borrowing costs reverses the 5.9% annual price growth trend. Sources: [OACIQ Real Estate Broker Granby – CourtiConnect]