Is Grafton, WI 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 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.
Housing Prices in Grafton, WI
How much do homes in Grafton, WI cost?
Median Sold Price
$394,500
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Grafton have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Grafton was $394,500 in March 2024, up 4.6% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.9K | $200K | +8.2% |
| 2 Bedrooms | $268K | $285.5K | +6.5% |
| 3 Bedrooms | $350K | $375K | +7.1% |
| 4 Bedrooms | $505K | $497.9K | -1.4% |
| 5+ Bedrooms | $552.5K | $641.4K | +16.1% |
Summary: Grafton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 16.1%.
Median Sold Price Compared To Nearby Cities
| Cedarburg | $447K | $469.9K | +5.1% |
| Grafton | $377K | $394.5K | +4.6% |
Housing Supply in Grafton, WI
How many homes are available in Grafton, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 55 | 57 | +3.6% |
Summary: The Grafton real estate market had 57 homes for sale in March 2024, a 3.6% 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 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 decreased by 12.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grafton, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Grafton in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Grafton, WI
We’re sorry, we don't have information for this market at the moment
