Is North Grafton, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Grafton was a Buyer's Market.
Housing Prices in North Grafton, MA
How much do homes in North Grafton, MA cost?
Median Sold Price
$542,500
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Grafton was $542,500 in May 2024, up 20.6% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $375.5K | $401K | +6.8% |
3 Bedrooms | $445K | $504.5K | +13.4% |
4 Bedrooms | $533K | $890K | +67.0% |
5+ Bedrooms | $545K | $781.6K | +43.4% |
Summary: North Grafton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 67%, and 5+ bedroom homes increased by 43.4%.
Median Sold Price Compared To Nearby Cities
North Grafton | $450K | $542.5K | +20.6% |
Grafton | $481.7K | $569.9K | +18.3% |
Millbury | $435K | $485K | +11.5% |
Shrewsbury | $550K | $610.8K | +11.1% |
Westborough | $660K | $652.5K | -1.1% |
Housing Supply in North Grafton, MA
How many homes are available in North Grafton, MA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 19 | -13.6% |
Summary: The North Grafton real estate market had 19 homes for sale in May 2024, a 13.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Grafton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in North Grafton in May 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for North Grafton, MA
How long does it take to sell a home in North Grafton, MA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 24 Days | +3.9% |
Summary: Homes in North Grafton had an average of 24 days on market in May 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in North Grafton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.