$4,630 Closing Credit*
$389,900
915 SqFt
2 Beds
•2 Full Baths
#73319758, Mary Wood, Listing Office: Lamacchia Realty, Inc.
Is Grafton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$554,900
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,050(-2.6%)
Key Takeaway
Homes in Grafton have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Grafton was $554,900 in November 2024, down 2.6% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $380K | $420K | +10.5% |
| 3 Bedrooms | $513.7K | $547.5K | +6.6% |
| 4 Bedrooms | $815K | $835K | +2.5% |
| 5+ Bedrooms | $795.8K | $765K | -3.9% |
Summary: Grafton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Shrewsbury | $583.5K | $634.6K | +8.8% |
| North Grafton | $506.2K | $545K | +7.7% |
| Sutton | $565K | $587K | +3.9% |
| Grafton | $569.9K | $554.9K | -2.6% |
| South Grafton | $569.9K | $552K | -3.1% |
Housing Supply in Grafton, MA
How many homes are available in Grafton, MA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 51 | -10.5% |
Summary: The Grafton real estate market had 51 homes for sale in November 2024, a 10.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 30 | 26 | -13.3% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Grafton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grafton, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Grafton in November 2024, up by 21.4% month-over-month. Of the 17 sold homes, 35% were sold under asking, 12% were sold at asking, and 53% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 27 Days | +63.8% |
Summary: Homes in Grafton had an average of 27 days on market in Nov 2024, up by 63.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grafton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Grafton; 65% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
