Is Grafton Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Grafton Township has remained a Seller's Market.
Housing Prices in Grafton Township, OH
How much do homes in Grafton Township, OH cost?
Median Sold Price
$260,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grafton Township was $260,000 in March 2024, down 5.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $194.5K | $105.5K | -45.8% |
3 Bedrooms | $245K | $252.5K | +3.1% |
4 Bedrooms | $295K | $280K | -5.1% |
5+ Bedrooms | $380K | $422K | +11.1% |
Summary: Grafton Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
Eaton Township | $200K | $200K | 0.0% |
Grafton | $270.2K | $259.6K | -3.9% |
LaGrange Township | $272K | $260.2K | -4.3% |
Grafton Township | $273.9K | $260K | -5.1% |
Housing Supply in Grafton Township, OH
How many homes are available in Grafton Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Summary: The Grafton Township real estate market had 28 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Grafton Township 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Grafton Township in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Grafton Township, OH
How long does it take to sell a home in Grafton Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 65 Days | +191.1% |
Summary: Homes in Grafton Township had an average of 65 days on market in Mar 2024, up by 191.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Grafton Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.