Why Live in Grass Valley
Grass Valley, nestled in the Sierra Nevada foothills, has a rich history dating back to the 1800s when it was known for grazing, logging, and gold mining. Today, it is a vibrant community with approximately 14,000 residents, attracting retirees and remote workers. The neighborhood is surrounded by natural beauty, including the Empire Mine State Historic Park, which offers miles of hiking, mountain biking, and horse riding trails. Condon Park features a skate park and a gold miner statue, while the Yuba River, located 15 miles west, is popular for whitewater rafting, fishing, and scenic trails. Downtown Grass Valley combines Gold Rush history with contemporary art, featuring Victorian brick buildings, galleries, murals, restaurants, cafés, breweries, and boutiques, primarily along Mill Street. The Del Oro Theatre and The Center For The Arts are notable venues for performances. Annual events like Cornish Christmas and Thursday Night Markets add to the community's charm. Housing options range from Victorian homes near downtown to contemporary properties in neighborhoods like Morgan Ranch and Bella Vista Park. The Nevada Joint Union High School District, including the highly rated Ghidotti Early College High, serves the area. Grass Valley experiences mild winters and dry summers, with occasional wildfire risks affecting air quality. Violent and property crimes have decreased year-over-year, making the area safer than the national average. State Route 49 provides access to nearby cities, with Sacramento and Lake Tahoe being popular day trip destinations.
Frequently Asked Questions
What is the average home price in Grass Valley, CA?
Homes for sale in Grass Valley, CA have an average home price of $652,557.
Are home prices dropping in Grass Valley?
Yes, home prices in Grass Valley are down 1% in the last 12 months.
How many homes have sold over the last 12 months in Grass Valley, CA?
506 homes have sold in Grass Valley, CA over the last 12 months.
Is Grass Valley, CA a safe city?
What are the most popular zip codes in Grass Valley, CA?
What are the most popular neighborhoods in Grass Valley, CA?
How much do you need to make to afford a house in Grass Valley?
The median home price in Grass Valley is $585,000. If you put a 20% down payment of $117,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $3,040 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $130K a year to afford the median home price in Grass Valley.
How are the schools in Grass Valley, CA?
Home Trends in Grass Valley, CA
On average, homes in Grass Valley, CA sell after 50 days on the market compared to the national average of 50 days. The median sale price for homes in Grass Valley, CA over the last 12 months is $535,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$535,000
Median Single Family Sale Price
$565,000
Median Townhouse Sale Price
$660,940
Median 2 Bedroom Sale Price
$299,000
Median 1 Bedroom Sale Price
$255,000
Average Price Per Sq Ft
$330
Number of Homes for Sale
213
Last 12 months Home Sales
506
Median List Price
$585,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
2%