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Sarah Mitchell

CNESRESABR

Compass Real Estate · Grafton, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Grafton, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Grafton, IL Housing Market & Real Estate

Buyer's market+27.9% YoY

Housing market overview · Updated monthly ·

$275,000median sale price

How is the Grafton, IL housing market right now?

The median home sale price in Grafton, IL is $275,000, up 27.9% year-over-year. Homes sell in an average of 177 days with 13 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Grafton a buyer's or seller's market?

Buyer's market13.0 months of supply177 avg. days on market

Grafton, IL is currently a buyer's market, based on 13.0 months of supply and homes selling in about 177 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

177

Average pace

Active listings

13

13.0 months supply

Sale-to-list

88.4%

Below asking

What does the Grafton housing market data show?

Current housing market statistics for Grafton, IL
MetricValue
Median sale price$275,000
Median list price$489,450
Year-over-year price change+27.9%
Average days on market177 days
Active inventory13 listings
Months of supply13.0 months
Sale-to-list price ratio88.4%
Median price per sq ft$116/sq ft
Homes sold (latest month)1
New listings (latest month)4
Listings with a price cut30.8%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Grafton by property type?

How the Grafton, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Grafton, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$275,000$116/sq ft1177 days
Condo / Co-op$235,000$170/sq ft1

Source: Redfin · Updated monthly

The Grafton housing market is currently classified as a buyer's market with a median sale price of $275,000. Prices have risen 27.9% compared to last year, with homes spending an average of 177 days on market, indicating 13.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.9x provides context for how home values compare to local earning capacity.

Homes for sale in Grafton

There are currently 13 homes listed for sale in Grafton, Illinois. The median listing price is $489K.

Active listings

13

Homes on market

Median list price

$489K

Avg. days on market

177

Days until sale

New this week

4

Newly listed

Price drops:30.8%of listings
Sale-to-list:88.4%

Who lives in Grafton?

Population

723

Median income

$93,250/yr

Median age

50.1 years

Owner-occupied

84.9%

College grads

32.8%

Avg commute

34.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Grafton?

Zillow home value

$274,185

Price-to-income

2.9x

Source: Zillow Research

What is it like to live in Grafton?

Grafton is a community of approximately 1K residents with a median age of 50.1 years.The median household income is $93,250, which reflects a relatively affluent area with strong earning potential. 32.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 84.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Grafton offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Grafton?

2 schools tracked · 204 students

The largest public schools serving Grafton, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Grafton Elem School

Grades PK-4 · 194 students

Public

Il Youth Center - Pere Marquette

Grades 8-12 · 10 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Grafton, IL?

Want a head-to-head view? Compare Grafton side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Grafton?

The median home sale price in Grafton is $275,000, up 27.9% from last year.

How long do homes stay on market in Grafton?

Homes typically spend 177 days on market before going under contract.

What is the median income in Grafton?

The median household income is $93,250 per year.

Is Grafton a buyer's or seller's market?

With 13.0 months of supply, Grafton is currently a buyer's market.

What is the Zillow home value estimate for Grafton?

The Zillow Home Value Index (ZHVI) for Grafton is $274,185, representing the typical home value in the area.

What is the median condo price in Grafton?

The median condo/co-op sale price in Grafton, IL is $235,000, compared to $275,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Grafton?

The median single-family home price in Grafton, IL is $275,000 (about $116 per square foot).

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