Is North Grafton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, 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
$547,500
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in North Grafton have sold for 21% more than they did a year ago.
Summary: The median home sold price in North Grafton was $547,500 in June 2024, up 21% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $414K | +11.9% |
| 3 Bedrooms | $450K | $510K | +13.3% |
| 4 Bedrooms | $591K | $955K | +61.6% |
| 5+ Bedrooms | $490K | $937.7K | +91.4% |
Summary: North Grafton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 61.6%, and 5+ bedroom homes increased by 91.4%.
Median Sold Price Compared To Nearby Cities
| North Grafton | $452.5K | $547.5K | +21.0% |
| Grafton | $493K | $568.2K | +15.3% |
| Millbury | $435K | $490K | +12.6% |
| Shrewsbury | $555K | $620K | +11.7% |
| Westborough | $637.7K | $655K | +2.7% |
Housing Supply in North Grafton, MA
How many homes are available in North Grafton, MA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The North Grafton real estate market had 22 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The North Grafton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
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 8 homes were sold or pending in North Grafton in June 2024, down by 20.0% month-over-month. Of the 8 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 31 Days | 11 Days | -64.6% |
Summary: Homes in North Grafton had an average of 11 days on market in Jun 2024, down by 64.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Grafton are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 8 homes were sold in North Grafton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
