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Grantsville

Learn about the people, housing, costs and businesses in Grantsville, Maryland

Median Home$207,400
Median Rent$654/month
Population979
Leading IndustriesPublic Administration · Wholesale Trade · Arts, Food & Hospitality31% public administration
Home Value Growth⬆⬆⬆+38.8% over 2 years
Retirees22% of residentsnear the national average
Homeowners78% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Grantsville
MD

Frequently Asked Questions

What are today's mortgage rates in Grantsville?

As of today, the 30-year fixed mortgage rate for Grantsville is approximately 6.912% (6.949% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Grantsville?

The median home value in Grantsville is $207k. The median monthly rent is $654. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grantsville?

Home values in Grantsville have increased 38.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Grantsville?

Based on a typical all-in ownership cost of $688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grantsville is $65k/year.

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What industries drive the economy in Grantsville?

The largest employment sectors in Grantsville are public administration (31%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.