Is Grafton, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grafton is a 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, WI

How much do homes in Grafton, WI cost?

Median Sold Price

$428,333

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,000(+10.9%)

Key Takeaway

Homes in Grafton have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Grafton was $428,333 in November 2024, up 10.9% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$192K
-4.0%
2 $280K$285.5K
+2.0%
3 $360K$380.5K
+5.7%
4 $510.4K$535.4K
+4.9%
5+ $641.4K$602.5K
-6.1%

Summary: Grafton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

Grafton
+10.9%
Cedarburg
+8.8%

Housing Supply in Grafton, WI

How many homes are available in Grafton, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6850-26.5%

Summary: The Grafton real estate market had 50 homes for sale in November 2024, a 26.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 3625
-30.6%
4 1715
-11.8%
5+ 53
-40.0%

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 30%, 3 bedroom homes decreased by 30.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3114-54.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 14 homes were sold or pending in Grafton in November 2024, down by 54.8% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.

Days on Market for Grafton, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Grafton, WI

Nearby Markets to Grafton, WI

What housing markets are near Grafton, WI?