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  4. /Grafton, MA - 01560

Grafton, MA—01560

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$588,000
1.5% YoY Growth
Household Income
$98,900
24.3% YoY Growth
Days on Market
18
41.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
$2,700
7.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,380
32.0% YoY Growth
3-Bed Rent
$2,700
1.2% YoY Growth

Other Zip Codes in Grafton, MA

0153601519
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Grafton, MA

As of May '26, the median home price in Grafton, MA is $588,000, with a year-over-year change of 1.5%. This indicates that home prices in Grafton, MA are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$588,0001.5%
Single Family $684,0002.2%
Condos $501,0002.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$450,0000.2%
    3 Bed
    		$543,0002.6%
    4 Bed
    		$846,0001.9%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.7%
    1 Bedroom
    6.0%
    2 Bedrooms
    39.0%
    3 Bedrooms
    32.2%
    4 Bedrooms
    18.1%
    5+ Bedrooms
    4.0%

    Rental Trends — Grafton, MA

    As of July '25, Rentcast reports the average rent in Grafton, MA is $2,700, with a year-over-year rent change of 7.1%. Per bedroom, the median rent as of July '25 in Grafton, MA is 2-bedrooms: $2,560, 3-bedrooms: $2,530, 4-bedrooms: $3,000. The most common rental property sizes in Grafton, MA are 2-bedroom and 3-bedroom, accounting for 59.5% and 27.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,700$2,700
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $2,380$2,560
    3 Bed Rent $2,700$2,530
    4 Bed Rent $2,800$3,000
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    % of Rental Stock

    Studio
    1.7%
    1 Bedroom
    11.2%
    2 Bedrooms
    59.5%
    3 Bedrooms
    27.2%
    4 Bedrooms
    0.5%

    Property Listings — Grafton, MA

    As of May '26, Realtor.com reports that the median days on market for a home in Grafton, MA is 18. This is a decrease of -41.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$575,000-8.0%
    Listing Count
    		27105.0%
    Listings as % of Homes0.1%105.0%
    Days on Market
    		18-41.0%
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    Demographics — Grafton, MA

    As of the latest ACS Survey released in 2023, Grafton, MA has a population of 4,910, which has increased by 11.7% over the past 5 years. Grafton, MA is a moderately popular place for families, as children make up 23.3% of the population. The area has a highly educated workforce, with 46.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,91011.7%
    % Under 18
    		23.3%-9.0%
    % Seniors
    		13.2%-1.5%
    % WFH
    		17.7%210.5%
    % w/ College Degree
    		46.4%-8.7%
    Loading chart...

    As of the latest ACS Survey released in 2023, Grafton, MA is a predominantly white area, with 65.6% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Grafton, MA is asian, making up 16.4% of the population. Foreign-born residents account for 18.4% of the population in Grafton, MA, and this percentage has increased by 2.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		65.6%-6.4%
    % Black
    		2.9%-21.6%
    % Hispanic
    		3.3%-52.9%
    % Asian
    		16.4%13.1%
    % Foreign Born
    		18.4%2.8%
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    Mortgage and Risk — Grafton, MA

    According to HUD data as of 2023, there were 78 mortgage originations in Grafton, MA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Grafton, MA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		78
    % Conventional Loans
    		96.0%
    % Government Loans
    		4.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — Grafton, MA

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

    Section 8 Market Size

    Total Units under HUD
    		47
    Total Units Section 8
    		47
    % Rentals under Section 8
    		5.5%
    % Occupied Section 8
    		95.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,340
    2 Bedroom-$650$2,380$1,730
    3 Bedroom-$590$2,700$2,110
    4 Bedroom-$470$2,800$2,330

    Affordability — Grafton, MA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$588,000
    Median Household Income$98,900

    Grafton, MA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Grafton, MA

    01519

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    01534

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    01568

    Frequently Asked Questions