Is South Grafton, MA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Grafton is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, South Grafton has remained a Seller's Market.

Key Takeaway

South Grafton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South Grafton, MA

How much do homes in South Grafton, MA cost?

Median Sold Price

$552,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,900(-3.1%)

Key Takeaway

Homes in South Grafton have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in South Grafton was $552,000 in November 2024, down 3.1% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$225K
N/A
2 $330K$485K
+47.0%
3 $516.5K$556.9K
+7.8%
4 $815K$727.5K
-10.7%
5+ $685K$535K
-21.9%

Summary: South 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 47%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 21.9%.

Median Sold Price Compared To Nearby Cities

Sutton
+3.9%
Grafton
-2.6%
South Grafton
-3.1%
Upton
-3.8%
Northbridge
-4.8%

Housing Supply in South Grafton, MA

How many homes are available in South Grafton, MA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The South Grafton real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 33
0.0%
4 20
-100.0%
5+ 33
0.0%

Summary: The South 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Grafton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in South Grafton in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for South Grafton, MA

How long does it take to sell a home in South Grafton, MA?

Average Sale Time

Nov 2023Nov 2024CHANGE
10 Days33 Days+217.5%

Summary: Homes in South Grafton had an average of 33 days on market in Nov 2024, up by 217.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Grafton has remained consistent over time.

Summary: During November 2024, 3 homes were sold in South Grafton; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

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