Grafton, MA—01519
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grafton, MA
As of Oct '25, the median home price in Grafton, MA is $662,000, with a year-over-year change of 3.2%. This indicates that home prices in Grafton, MA are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $662,000 | 3.2% |
| Single Family | $705,000 | 2.9% |
| Condos | $399,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $430,000 | 4.4% |
3 Bed | $582,000 | 3.2% |
4 Bed | $834,000 | 2.8% |
| 5 Bed | $945,000 | 3.3% |
% of Housing Stock
Rental Trends — Grafton, MA
As of July '25, Rentcast reports the average rent in Grafton, MA is $2,430, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Grafton, MA is studios: $4,500, 1-bedrooms: $1,660, 2-bedrooms: $2,120, 4-bedrooms: $5,000. The most common rental property sizes in Grafton, MA are 2-bedroom and 4-bedroom, accounting for 53.2% and 18.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,430 |
| Studio Rent | $4,500 | $4,500 |
| 1 Bed Rent | $1,650 | $1,660 |
| 2 Bed Rent | $2,000 | $2,120 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $5,000 | $5,000 |
% of Rental Stock
Property Listings — Grafton, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Grafton, MA is 73. This is a increase of 181.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $780,000 | 28.0% |
Listing Count | 13 | 47.0% |
| Listings as % of Homes | 0.3% | 47.0% |
Days on Market | 73 | 181.0% |
Demographics — Grafton, MA
As of the latest ACS Survey released in 2023, Grafton, MA has a population of 7,740, which has increased by 14.8% over the past 5 years. Grafton, MA is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 63.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,740 | 14.8% |
% Under 18 | 20.9% | -10.7% |
% Seniors | 12.2% | -17.0% |
% WFH | 25.4% | 238.7% |
% w/ College Degree | 63.8% | 28.6% |
As of the latest ACS Survey released in 2023, Grafton, MA is a predominantly white area, with 82.4% of the population identifying as white. The white population has grown by 4.3% in the last 5 years. The second most common race or ethnicity in Grafton, MA is asian, making up 9.8% of the population. Foreign-born residents account for 7.7% of the population in Grafton, MA, and this percentage has decreased by 40.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.4% | 4.3% |
% Black | 0.3% | -96.3% |
% Hispanic | 3.2% | -17.9% |
% Asian | 9.8% | 96.0% |
% Foreign Born | 7.7% | -40.8% |
Mortgage and Risk — Grafton, MA
According to HUD data as of 2023, there were 238 mortgage originations in Grafton, MA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Grafton, MA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 238 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Grafton, MA
Grafton, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 18 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,650 | $2,030 |
| 2 Bedroom | $620 | $2,000 | $2,620 |
| 3 Bedroom | N/A | N/A | $3,200 |
| 4 Bedroom | -$1,480 | $5,000 | $3,520 |
Affordability — Grafton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $662,000 |
| Median Household Income | $154,000 |