Grafton, MA—01536
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 $561,000, with a year-over-year change of 3.0%. This indicates that home prices in Grafton, MA are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $561,000 | 3.0% |
| Single Family | $583,000 | 3.0% |
| Condos | $489,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $454,000 | 3.4% |
3 Bed | $541,000 | 3.0% |
4 Bed | $825,000 | 2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grafton, MA
As of July '25, Rentcast reports the average rent in Grafton, MA is $2,450, with a year-over-year rent change of -16.9%. Per bedroom, the median rent as of July '25 in Grafton, MA is 1-bedrooms: $2,130, 2-bedrooms: $2,500, 3-bedrooms: $2,710. The most common rental property sizes in Grafton, MA are 1-bedroom and 2-bedroom, accounting for 57.1% and 31.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,450 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,720 | $2,130 |
| 2 Bed Rent | $2,650 | $2,500 |
| 3 Bed Rent | $2,400 | $2,710 |
| 4 Bed Rent | N/A | N/A |
% 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 27. This is a increase of 41.0% 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 60.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $725,000 | 22.0% |
Listing Count | 20 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 27 | 41.0% |
Demographics — Grafton, MA
As of the latest ACS Survey released in 2023, Grafton, MA has a population of 7,120, which has decreased by -8.6% over the past 5 years. Grafton, MA is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 48.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,120 | -8.6% |
% Under 18 | 21.2% | -9.8% |
% Seniors | 18.5% | 50.4% |
% WFH | 21.1% | 234.9% |
% w/ College Degree | 48.2% | 5.5% |
As of the latest ACS Survey released in 2023, Grafton, MA is a predominantly white area, with 75.2% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Grafton, MA is asian, making up 8.6% of the population. Foreign-born residents account for 12.4% of the population in Grafton, MA, and this percentage has increased by 37.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.2% | -4.2% |
% Black | 2.5% | -34.2% |
% Hispanic | 7.0% | -27.1% |
% Asian | 8.6% | 38.7% |
% Foreign Born | 12.4% | 37.8% |
Mortgage and Risk — Grafton, MA
According to HUD data as of 2023, there were 72 mortgage originations in Grafton, MA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Grafton, MA. Investor activity is low, as 0.0% 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 | 72 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 0.0% |
% 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 | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $1,720 | $1,560 |
| 2 Bedroom | -$640 | $2,650 | $2,010 |
| 3 Bedroom | $60 | $2,400 | $2,460 |
| 4 Bedroom | N/A | N/A | $2,700 |
Affordability — Grafton, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $561,000 |
| Median Household Income | $106,000 |