New Listing
19
$294,900
1115 2nd Ave
Grafton, WI 53024
3 bd1 ba936 sqft$315/ft²
House9,583 sqft lot
Carole Severson · RE/MAX United - West Bend
View photos & details
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Sarah Mitchell
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Compass Real Estate · Grafton, WI
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Grafton, WI(512) 555-0184TX License #0512847
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Grafton, WI Housing Market & Real Estate
Seller's market+6.7% YoY
Housing market overview · Updated monthly ·
$467,000median sale price
How is the Grafton, WI housing market right now?
The median home sale price in Grafton, WI is $467,000, up 6.7% year-over-year. Homes sell in an average of 33 days with 43 active listings. The market is currently a seller'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?
Seller's market2.2 months of supply33 avg. days on market
Grafton, WI is currently a seller's market, based on 2.2 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
33
Average pace
Active listings
43
2.2 months supply
Sale-to-list
102.6%
Above asking
What does the Grafton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $467,000 |
| Median list price | $436,200 |
| Year-over-year price change | +6.7% |
| Average days on market | 33 days |
| Active inventory | 43 listings |
| Months of supply | 2.2 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $231/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 16 |
| Listings with a price cut | 11.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Grafton by property type?
How the Grafton, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $488,500 | $242/sq ft | 14 | 35 days |
| Condo / Co-op | $305,000 | $230/sq ft | 5 | 29 days |
Source: Redfin · Updated monthly
The Grafton housing market is currently classified as a seller's market with a median sale price of $467,000. Prices have risen 6.7% compared to last year, with homes spending an average of 33 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Grafton
There are currently 43 homes listed for sale in Grafton, Wisconsin. The median listing price is $436K. Featured listings range from $294,900 to $946,000.
New Listing
12
$349,900
1207 Bridge St Unit 1209
Grafton, WI 53024
Multi-family17,424 sqft lot
Jacob Lishanski · Rubins Realty, LLC
View photos & details
New Listing
36
$359,000
963 14th Ave
Grafton, WI 53024
3 bd1 ba2,184 sqft$164/ft²
House14,810 sqft lot
Stephanie Copsey · Coldwell Banker Realty
View photos & details
New Listing
29
$375,000
1129 3rd Ave
Grafton, WI 53024
4 bd2 ba1,612 sqft$233/ft²
House11,761 sqft lot
Champine Realty Group* · Keller Williams-MNS Wauwatosa
View photos & details
New Listing
24
$419,900
1611 17th Ave
Grafton, WI 53024
3 bd3 ba1,895 sqft$222/ft²
House10,454 sqft lot
Gundrum Group* · Realty Executives Integrity~Cedarburg
View photos & details
New Listing
35
$489,900
724 Overland Trl
Grafton, WI 53024
3 bd3 ba1,940 sqft$253/ft²
House13,504 sqft lot
Michelle Wolff · First Weber Inc - Brookfield
View photos & details
New Listing
44
$599,900
745 N Green Bay Rd
Grafton, WI 53024
3 bd2 ba3,500 sqft$171/ft²
House1.00 acres
Amy Hopfinger & Co. Team* · EXP Realty, LLC~MKE
View photos & details
New Listing
44
$614,900
2402 Kiowa Dr
Grafton, WI 53024
5 bd3 ba4,082 sqft$151/ft²
House13,939 sqft lot
Joseph Jewell · Lake Country Flat Fee
View photos & details
New Listing
53
$630,000
446 W Bridge Ct
Grafton, WI 53024
4 bd2 ba2,190 sqft$288/ft²
House18,295 sqft lot
Cottrell Team* · Realty Officials
View photos & details
New Listing
29
$675,000
1239 Canary Ln
Grafton, WI 53024
3 bd4 ba3,356 sqft$201/ft²
House13,068 sqft lot
Falk Ruvin Gallagher Team* · Keller Williams Realty-Milwaukee North Shore
View photos & details
New Listing
46
$699,900
717 Heather Ct
Grafton, WI 53024
4 bd3 ba3,000 sqft$233/ft²
House1.03 acres
Lora Brewster · Keller Williams Realty-Milwaukee North Shore
View photos & details
New Listing
2
$946,000
Cheyenne Ave Lot 1
Grafton, WI 53024
Land16.02 acres
Carol Sasse Merkel · Coldwell Banker Realty
View photos & details
Looking to buy in Grafton?
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Active listings
43
Homes on market
Median list price
$436K
Avg. days on market
33
Days until sale
New this week
16
Newly listed
Price drops:11.6%of listings
Sale-to-list:102.6%
Who lives in Grafton?
Population
12,274
Median income
$88,634/yr
Median age
43.5 years
Owner-occupied
63.2%
College grads
44.4%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Grafton?
Zillow home value
$467,780
Zillow rent index
$1,783/mo
Price-to-rent ratio
21.9x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Grafton?
Grafton is a community of approximately 12K residents with a median age of 43.5 years.The median household income is $88,634, which reflects a relatively affluent area with strong earning potential. 44.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.2%, showing a blend of owner and renter-occupied properties. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Grafton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Grafton?
4 schools tracked · 2,132 students
The largest public schools serving Grafton, WI 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 High
Grades 9-12 · 720 students
Kennedy Elementary
Grades PK-5 · 517 students
Woodview Elementary
Grades PK-5 · 457 students
John Long Middle
Grades 6-8 · 438 students
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, WI?
Want a head-to-head view? Compare Grafton side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Grafton?
Is Grafton a good real estate investment market?
For investors evaluating Grafton, the price-to-rent ratio of 21.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Grafton's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Grafton's median home price.
Frequently asked questions
What is the average home price in Grafton?
The median home sale price in Grafton is $467,000, up 6.7% from last year.
How long do homes stay on market in Grafton?
Homes typically spend 33 days on market before going under contract.
What is the median income in Grafton?
The median household income is $88,634 per year.
Is Grafton a buyer's or seller's market?
With 2.2 months of supply, Grafton is currently a seller's market.
How many homes are for sale in Grafton?
There are currently 43 homes listed for sale in Grafton, WI.
What is the Zillow home value estimate for Grafton?
The Zillow Home Value Index (ZHVI) for Grafton is $467,780, 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, WI is $305,000, compared to $488,500 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, WI is $488,500 (about $242 per square foot).
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