Is Grafton, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grafton is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Grafton has remained a Seller's Market.

Key Takeaway

Grafton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Grafton, MA cost?

Median Sold Price

$475,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$1,000(+0.2%)

Key Takeaway

The sold price of homes in Grafton has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $180K$218K
+21.1%
2 $325K$349.9K
+7.7%
3 $435K$445K
+2.3%
4 $697.4K$720K
+3.2%
5+ $590K$637.5K
+8.1%

Median Sold Price Compared To Nearby Cities

North Grafton
+9.0%
Shrewsbury
+8.2%
Sutton
+7.2%
Grafton
0.2%
South Grafton
-4.3%

How many homes are available in Grafton, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
6953-23.2%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 21
-50.0%
2 169
-43.8%
3 2116
-23.8%
4 2318
-21.7%
5+ 79
+28.6%

Number of Homes Sold

Oct 2022Nov 2022%
18180.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grafton, you could pay more than the asking price. 61.1% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days36 Days+52.9%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grafton are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Grafton, MA

Grafton, MA has 53 homes on the market. Between October 2022 and November 2022, Grafton, MA real estate market has seen decrease in the number of listings by 23.2%. In November 2022, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $475,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 21.1%, 2 bedrooms properties became 7.7% more expensive, prices of 3 bedrooms properties went up by 2.3%, the cost of 4 bedrooms properties went up by 3.2%, prices of 5 bedrooms properties went up by 8.1%. Volume of homes for sale changed: 1 bedroom homes inventory decreased by 50%, the quantity of 2 bedrooms homes went down by 43.8%, volume of 3 bedrooms homes went down by 23.8%, 4 bedrooms homes became 21.7% less available, volume of 5 bedrooms homes went up by 28.6%. In November 2022, from all listings sold in Grafton, MA there were more than 11 sold above asking price, over 6 sold below and more than 1 were sold right at the asked price.

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