Much like the surrounding areas, it is somewhat more expensive compared to the entire country. Compared to the city of Worcester, it is somewhat more expensive.
Home prices
The median home in Granby costs $240,900. Compared to its nearby areas this is about $2,940 (1%) higher.In comparison to the US as a whole it is about $23,400 (10%) higher, and in comparison to the city of Worcester it is about $13,800 (6%) higher.
Rents
In Granby the median rent is $732 a month. It is roughly $268 (26%) lower in comparison to nearby areas.It is approximately $330 (31%) lower compared to the rest of the nation, and in comparison to the city of Worcester it is roughly $363 (33%) lower.
Nearby places
South Amherst
South Amherst is about 4 miles north from Granby. The housing prices there are somewhat more expensive. The median home in South Amherst costs $296,600, which is $55,700 (18%) higher than Granby. The rent there is substantially more expensive. South Amherst's median monthly rent is $1,513, which is $781 (51%) higher than Granby.
Belchertown
Belchertown is roughly 5 miles east of Granby. The housing prices there are somewhat more expensive. The median home in Belchertown is valued at $260,300, which works out to $19,400 (7%) higher than Granby. Rent there is similar. The median monthly rent in Belchertown is $729, which is very similar to Granby.
Chicopee
Chicopee is about 6 miles south of Granby. Its housing prices are significantly less expensive. Chicopee's median home value is $182,100, which comes out to $58,800 (32%) lower than Granby. Its rents are somewhat more expensive. Chicopee's median monthly rent is $923, which is $191 (20%) higher than Granby.
Holyoke
Holyoke is approximately 6 miles southwest of Granby. Its housing prices are a bit less expensive. The cost of the median home in Holyoke is $195,800, which comes out to $45,100 (23%) lower than Granby. Its rents are somewhat more expensive. In Holyoke the median rent is $838 a month, which is $106 (12%) higher than Granby.
Easthampton Town
Easthampton Town is approximately 6 miles west from Granby. Housing prices there are somewhat more expensive. The cost of the median home in Easthampton Town is $255,000, which comes out to $14,100 (5%) higher than Granby. Rent there is a bit more expensive. Easthampton Town's median rent is $995 per month, which works out to $263 (26%) higher than Granby.