$294,900
2.80 Acres
Land
#1899620, Scott Campbell, Listing Office: RE/MAX United - Cedarburg
Is Grafton, WI 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, WI
How much do homes in Grafton, WI cost?
Median Sold Price
$412,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+5.6%)
Key Takeaway
Homes in Grafton have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Grafton was $412,000 in October 2024, up 5.6% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $192K | -4.0% |
| 2 Bedrooms | $280K | $285K | +1.8% |
| 3 Bedrooms | $359.9K | $375K | +4.2% |
| 4 Bedrooms | $499.9K | $537.6K | +7.5% |
| 5+ Bedrooms | $611.4K | $575K | -6.0% |
Summary: Grafton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Cedarburg | $448.7K | $486.5K | +8.4% |
| Grafton | $390K | $412K | +5.6% |
Housing Supply in Grafton, WI
How many homes are available in Grafton, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 79 | 70 | -11.4% |
Summary: The Grafton real estate market had 70 homes for sale in October 2024, a 11.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 45 | 37 | -17.8% |
| 4 Bedrooms | 20 | 18 | -10.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Grafton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grafton, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Grafton in October 2024, up by 11.5% month-over-month. Of the 29 sold homes, 41% were sold under asking, 17% were sold at asking, and 41% were sold over asking.
Days on Market for Grafton, WI
We’re sorry, we don't have information for this market at the moment
