Grafton, OH—44044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grafton, OH
As of Oct '25, the median home price in Grafton, OH is $302,000, with a year-over-year change of 6.1%. This indicates that home prices in Grafton, OH 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 | $302,000 | 6.1% |
| Single Family | $303,000 | 6.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $224,000 | 7.2% |
3 Bed | $284,000 | 6.4% |
4 Bed | $383,000 | 7.0% |
| 5 Bed | $462,000 | 7.2% |
% of Housing Stock
Rental Trends — Grafton, OH
As of July '25, Rentcast reports the average rent in Grafton, OH is $3,500, with a year-over-year rent change of 218.2%. Per bedroom, the median rent as of July '25 in Grafton, OH is 4-bedrooms: $3,500. The most common rental property sizes in Grafton, OH are 2-bedroom and 3-bedroom, accounting for 43.9% and 40.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $3,500 |
| Studio 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 |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Grafton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Grafton, OH is 42. This is a increase of 36.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $406,000 | 1.0% |
Listing Count | 27 | 14.0% |
| Listings as % of Homes | 0.5% | 14.0% |
Days on Market | 42 | 36.0% |
Demographics — Grafton, OH
As of the latest ACS Survey released in 2023, Grafton, OH has a population of 14,400, which has decreased by -6.4% over the past 5 years. Grafton, OH is a less popular place for families, as children make up 13.9% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,400 | -6.4% |
% Under 18 | 13.9% | 3.7% |
% Seniors | 19.8% | 29.4% |
% WFH | 7.1% | 163.0% |
% w/ College Degree | 16.7% | -6.7% |
As of the latest ACS Survey released in 2023, Grafton, OH is a predominantly white area, with 80.7% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Grafton, OH is black, making up 9.2% of the population. Foreign-born residents account for 2.2% of the population in Grafton, OH, and this percentage has increased by 29.4% 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 | 80.7% | -2.8% |
% Black | 9.2% | -22.7% |
% Hispanic | 5.2% | 92.6% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.2% | 29.4% |
Mortgage and Risk — Grafton, OH
According to HUD data as of 2023, there were 463 mortgage originations in Grafton, OH, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Grafton, OH. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 463 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Grafton, OH
Grafton, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 1.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,160 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | -$1,900 | $3,500 | $1,600 |
Affordability — Grafton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $302,000 |
| Median Household Income | $86,600 |