Grafton, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Grafton, WI Real Estate Data


Grafton Housing Market Information

With a population of 11,527, 4,738 total housing units (homes and apartments), and a median house value of $251,821, 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 54.78% of the village's housing units. Other types of housing that are prevalent in Grafton include large apartment complexes or high rise apartments ( 25.73%), row houses and other attached homes ( 12.92%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.57%).

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 67.68% of Grafton's homes, and 55.83% 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 ( 29.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.37%). There's also some housing in Grafton built before 1939 ( 7.64%).

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 -0.17% during the period.

NeighborhoodScout's data show that during the latest twelve months, Grafton's appreciation rate, at 4.79%, has been at or slightly above the national average. In the latest quarter, Grafton's appreciation rate has been 1.97%, which annualizes to a rate of 8.10%.

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:
$251,821

Grafton, WI HOME PRICES

Value Range
> $1,119,000 0.9
$839,001 - $1,119,000 0.8
$559,001 - $839,000 2.1
$448,001 - $559,000 4.4
$336,001 - $448,000 12.5
$224,001 - $336,000 34.2
$112,001 - $224,000 39.6
$56,001 - $112,000 3.5
$0 - $56,000 2.0

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
22.8553024535926 14.5790554414784

Number Of Homes And Apartments:
4,738

Rent & Ownership

 

Average Market Rent:
$982 / per month

Homeownership Rate

Homeownership
Owners 67.68
Renters 32.32
Vacant 4.48

Housing Market Details

 

Age of Homes

AGE OF Grafton HOMES
2000 or Newer 16.4
1970 - 1999 46.1
1940 - 1969 29.8
1939 or Older 7.6

Types of Homes

TYPE OF Grafton HOMES
Single-Family 54.8
Townhomes 12.9
Small Apt. Buildings 6.6
Apt. Complexes 25.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Grafton HOMES
No Bedroom 0.40
1 Bedroom 9.62
2 Bedrooms 31.37
3 Bedrooms 41.13
4 Bedrooms 14.70
5 or more bedrooms 2.78

Grafton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
27.56% 1.44% 5 3
* 10 is highest