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 November 2021

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.

How much do homes in North Grafton, MA cost?

Median Sold Price

$499,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$41,000(+9.0%)

Key Takeaway

Homes in North Grafton have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $185K-
N/A
2 $352K$352.2K
0.1%
3 $458K$450K
-1.7%
4 $636.2K$707.5K
+11.2%
5+ $657.5K$575K
-12.5%

Median Sold Price Compared To Nearby Cities

Millbury
+10.5%
North Grafton
+9.0%
Shrewsbury
+8.2%
Westborough
+5.0%
Grafton
0.2%

How many homes are available in North Grafton, MA?

Number of Homes For Sale

Oct 2022Nov 2022%
3221-34.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 105
-50.0%
3 1110
-9.1%
4 105
-50.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
108-20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 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. 62.5% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
23 Days23 Days-0.8%

Breakdown of Home Sale Times

7 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.

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

About North Grafton, MA

North Grafton, MA has 21 homes for sale to choose from. The inventory of homes for sale in North Grafton, MA between October 2022 and November 2022 decreased by 34.4%. In November 2022 median list price was $499,000 and the average listing age was 23 days. This housing market listing prices have changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0.1% more expensive, the cost of 3 bedrooms properties went down by 1.7%, prices of 4 bedrooms properties increased by 11.2%, prices of 5 bedrooms properties went down by 12.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 50%, volume of 3 bedrooms homes went down by 9.1%, the quantity of 4 bedrooms homes went down by 50%, the quantity of 5 bedrooms homes have not changed. While more than 5 listings in North Grafton, MA in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

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