Housing Market in Grafton
Grafton's housing market runs genuinely affordable in absolute terms, even amid a real, disclosed, steep recent price increase.
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Learn moreGenuinely affordable in absolute terms
Grafton's median sale price (~$217,000) runs well below both North Dakota's $290,642 statewide average and this project's ~$408,776 national comparison figure.
A real, disclosed steep year-over-year increase
That median sale price ran up approximately 27.3% year-over-year, with price per square foot up an even steeper 126.7% -- a real, current, rapidly appreciating market.
A "somewhat competitive" market
Redfin described the Grafton housing market as "somewhat competitive."
Key takeaways
- Grafton's housing remains genuinely affordable in absolute dollar terms.
- Prices are rising rapidly (27.3% YoY on median sale price) -- this is not a static market.
- Confirm current, specific listing data directly given the pace of recent change.
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