$6,828 Closing Credit*
$575,000
2,134 SqFt
3 Beds
•2 Full Baths
#73312633, John Atchue, Listing Office: Mathieu Newton Sotheby's International Realty
Is Grafton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, MA
How much do homes in Grafton, MA cost?
Median Sold Price
$559,900
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,900(+2.7%)
Key Takeaway
Homes in Grafton have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Grafton was $559,900 in October 2024, up 2.7% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $220K | -6.4% |
| 2 Bedrooms | $377.8K | $420K | +11.1% |
| 3 Bedrooms | $509.5K | $550K | +7.9% |
| 4 Bedrooms | $804.9K | $835K | +3.7% |
| 5+ Bedrooms | $790.4K | $780K | -1.3% |
Summary: Grafton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 1.3%.
Median Sold Price Compared To Nearby Cities
| North Grafton | $480K | $550K | +14.6% |
| Shrewsbury | $583.5K | $625.8K | +7.3% |
| Sutton | $550K | $588.5K | +7.0% |
| Grafton | $545K | $559.9K | +2.7% |
| South Grafton | $551K | $554.5K | +0.6% |
Housing Supply in Grafton, MA
How many homes are available in Grafton, MA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 53 | -3.6% |
Summary: The Grafton real estate market had 53 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 29 | 28 | -3.4% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Grafton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grafton, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Grafton in October 2024, down by 23.5% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Grafton, MA
How long does it take to sell a home in Grafton, MA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 39 Days | +38.1% |
Summary: Homes in Grafton had an average of 39 days on market in Oct 2024, up by 38.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Grafton are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Grafton; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
