Grafton, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Grafton Neighborhoods Since 2000




Grafton, WI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Grafton Housing Market Information

With a population of 11,527, 4,704 total housing units (homes and apartments), and a median house value of $273,161, Grafton real estate is some of the most expensive in Wisconsin, although Grafton home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Grafton, accounting for 53.74% of the village's housing units. Other types of housing that are prevalent in Grafton include large apartment complexes or high rise apartments ( 26.86%), row houses and other attached homes ( 12.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.19%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Grafton. Owner-occupied housing accounts for 67.62% of Grafton's homes, and 56.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Grafton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Grafton built between 1940-1969 ( 25.93%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.08%). There's also some housing in Grafton built before 1939 ( 8.04%).

Grafton Home Appreciation Rates

Real estate appreciation rates in Grafton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.26% during the period.

NeighborhoodScout's data show that during the latest twelve months, Grafton's appreciation rate, at 3.82%, has been at or slightly above the national average. In the latest quarter, Grafton's appreciation rate has been 1.02%, which annualizes to a rate of 4.13%.

Relative to Wisconsin, our data show that Grafton's latest annual appreciation rate is lower than 60% of the other cities and towns in Wisconsin.

Average Home Values

 

Median Home Value:
$273,161

Grafton, WI HOME PRICES

Value Range
> $1,101,000 0.9
$826,001 - $1,101,000 1.1
$551,001 - $826,000 2.2
$441,001 - $551,000 5.2
$330,001 - $441,000 11.5
$220,001 - $330,000 30.0
$110,001 - $220,000 43.5
$55,001 - $110,000 3.6
$0 - $55,000 2.0

Very High for WI
Very High for Nation

Value Relative to Nation Value Relative to State
19.3572014531818 8.52156057494867

Number Of Homes And Apartments:
4,704

Grafton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
27.02% 1.40% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$969 / per month

Homeownership Rate

Homeownership
Owners 67.62
Renters 32.38
Vacant 4.72

Housing Market Details

 

Age of Homes

AGE OF Grafton HOMES
2000 or Newer 17.1
1970 - 1999 49.0
1940 - 1969 25.9
1939 or Older 8.0

Types of Homes

TYPE OF Grafton HOMES
Single-Family 53.7
Townhomes 12.1
Small Apt. Buildings 7.2
Apt. Complexes 26.9
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Grafton HOMES
No Bedroom 0.00
1 Bedroom 8.73
2 Bedrooms 30.63
3 Bedrooms 42.56
4 Bedrooms 14.40
5 or more bedrooms 3.69