$2,255 Closing Credit*
$189,900
3 Beds
•1 Full Bath
Lana K Stover, Listing Office: HomeSmart Real Estate Momentum LLC
Is Grafton, OH 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, OH
How much do homes in Grafton, OH cost?
Median Sold Price
$255,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$35,000(-12.1%)
Key Takeaway
Homes in Grafton have sold for 12.1% less than they did a year ago.
Summary: The median home sold price in Grafton was $255,000 in October 2024, down 12.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $155.3K | +15.1% |
| 3 Bedrooms | $290K | $244K | -15.9% |
| 4 Bedrooms | $335K | $297.5K | -11.2% |
| 5+ Bedrooms | $337.2K | $360K | +6.7% |
Summary: Grafton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.1%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes increased by 6.7%.
Median Sold Price Compared To Nearby Cities
| Eaton Township | $204K | $229.5K | +12.5% |
| Carlisle Township | $243.5K | $270K | +10.9% |
| Columbia Station | $430K | $424.9K | -1.2% |
| Grafton Township | $290K | $260K | -10.3% |
| Grafton | $290K | $255K | -12.1% |
Housing Supply in Grafton, OH
How many homes are available in Grafton, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 39 | +18.2% |
Summary: The Grafton real estate market had 39 homes for sale in October 2024, a 18.2% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
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 200%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grafton, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Grafton in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and 45% were sold over asking.
Days on Market for Grafton, OH
How long does it take to sell a home in Grafton, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 21 Days | -52.6% |
Summary: Homes in Grafton had an average of 21 days on market in Oct 2024, down by 52.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 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 October 2024, 11 homes were sold in Grafton; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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