$4,156 Closing Credit*
$350,000
3 Beds
•1 Full Bath
Christy T Morek, Listing Office: Keller Williams Citywide
Is Grafton, OH 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, OH
How much do homes in Grafton, OH cost?
Median Sold Price
$275,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-3.5%)
Key Takeaway
Homes in Grafton have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Grafton was $275,000 in November 2024, down 3.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $106K | $198.5K | +87.3% |
| 3 Bedrooms | $290K | $248.5K | -14.3% |
| 4 Bedrooms | $320.5K | $377.5K | +17.8% |
| 5+ Bedrooms | $422K | $360K | -14.7% |
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 87.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Eaton Township | $209.9K | $233.2K | +11.1% |
| Carlisle Township | $250K | $270K | +8.0% |
| Columbia Station | $425K | $433.5K | +2.0% |
| Grafton Township | $285K | $280K | -1.8% |
| Grafton | $285K | $275K | -3.5% |
Housing Supply in Grafton, OH
How many homes are available in Grafton, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Summary: The Grafton real estate market had 33 homes for sale in November 2024, a 10.8% 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 19 | 13 | -31.6% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
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 decreased by 33.3%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 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 could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Grafton in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 40 Days | +57.0% |
Summary: Homes in Grafton had an average of 40 days on market in Nov 2024, up by 57% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grafton has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Grafton; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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