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Housing in Granada

A typical Granada home is worth roughly $115,000

Builders were permitted 10 new homes in 2025.

Typical home value
$115K
CO $539K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$330
CO $2,602

What kind of housing town is Granada?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Granada

Try your own numbers below.

You could afford about
$393,000
Typical Granada home $115K

That covers a typical Granada home, with $277K to spare.

The typical home, each month
$650
Loan $570Tax $50Insurance $30

A two-bedroom rents for about $970 a month here, $320 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Colorado typical property tax (0.48% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $754, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$750
1 bedroom$890
2 bedrooms$970
3 bedrooms$1,250
4 bedrooms$1,540
32%
of households rent · CO 34%
52
renter households
$754
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Baca County, CO): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

10 new homes permitted in 2025

Builders were permitted 10 new homes in Granada in 2025, all single-family houses, worth about $4.2 million to build. Over the past 10 years, Granada has permitted 19 homes in all.

Single-family
0510 200020052010201520202025
10
new homes permitted in 2025
3
2026 so far (Jan–Aug)
19
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−72
New homes+0

Between the 2010 and 2020 censuses, Granada's population fell by 72 and no new homes were permitted. Across Colorado: 2.5 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)330$850,000
202510100$4.2 million
2024990$3.7 million
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005330$165,000
2004000—
2003000—
2002000—
2001000—
2000000—

Granada's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

68% of Granada households own their home

Half of Granada’s homes were built before 1982.

Owners and renters
Own 68%Rent 32%

Colorado: 66% own.

1982
typical home built · CO 1988
$330
median property tax bill · CO $2,602
2%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Granada buyers, sellers and renters are saying.

Town Square →
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Is Granada still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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