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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Grafton is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in North Grafton, MA

How much do homes in North Grafton, MA cost?

Median Sold Price

$504,825

$292/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$105,175(-17.2%)

Key Takeaway

Homes in North Grafton have sold for 17.2% less than they did a month ago.

Summary: The median home sold price in North Grafton was $504,825 in March 2024, down 17.2% from last month, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$452.3K
N/A
3 $616K$520K
-15.6%
4 $525K-
N/A
5+ --
N/A

Summary: North Grafton housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in North Grafton, MA

How many homes are available in North Grafton, MA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1219+58.3%

Summary: The North Grafton real estate market had 19 homes for sale in March 2024, a 58.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 27
+250.0%
3 68
+33.3%
4 32
-33.3%
5+ 12
+100.0%

Summary: The North Grafton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 250%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Grafton, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in North Grafton in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for North Grafton, MA

How long does it take to sell a home in North Grafton, MA?

Average Sale Time

Feb 2024Mar 2024CHANGE
77 Days44 Days-42.4%

Summary: Homes in North Grafton had an average of 44 days on market in Mar 2024, down by 42.4% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in North Grafton; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

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