Grafton, WV26354

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$154,000
4.1% YoY Growth
Median Household Income
$55,200
34.0% 5-Year Growth
Days on Market
55
14.0% Longer than last year
Home Price Forecast
-1.4%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Grafton, WV

Property Listings — Grafton, WV

As of Oct '25, Realtor.com reports that the median days on market for a home in Grafton, WV is 55. This is a increase of 14.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$89,200-35.0%
Listing Count
22-31.0%
Listings as % of Homes0.4%-31.0%
Days on Market
5514.0%
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Demographics — Grafton, WV

As of the latest ACS Survey released in 2023, Grafton, WV has a population of 10,100, which has decreased by -3.3% over the past 5 years. Grafton, WV is a moderately popular place for families, as children make up 16.7% of the population. The area has a poorly educated workforce, with 14.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,100-3.3%
% Under 18
16.7%-2.9%
% Seniors
21.8%0.0%
% WFH
6.7%235.0%
% w/ College Degree
14.8%-1.3%
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As of the latest ACS Survey released in 2023, Grafton, WV is a predominantly white area, with 96.3% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Grafton, WV is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.4% of the population in Grafton, WV, and this percentage has decreased by 63.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.3%1.4%
% Black
0.4%-66.7%
% Hispanic
1.2%20.0%
% Asian
0.2%-85.7%
% Foreign Born
0.4%-63.6%
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Mortgage and Risk — Grafton, WV

According to HUD data as of 2023, there were 132 mortgage originations in Grafton, WV, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Grafton, WV. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
132
% Conventional Loans
72.0%
% Government Loans
28.0%
% Investor Loans
1.0%
% Second Loans
2.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Grafton, WV

Grafton, WV lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
287
Total Units Section 8
83
% Rentals under Section 8
13.7%
% Occupied Section 8
87.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$790
2 BedroomN/AN/A$990
3 BedroomN/AN/A$1,230
4 BedroomN/AN/A$1,670

Affordability — Grafton, WV

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$154,000
Median Household Income$55,200

Grafton, WV — ZIP Code Boundary Map

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Frequently Asked Questions