The housing in Grafton, ND is quite affordable compared to the US median value of $338,100. The median house value in Grafton is $117,400 and the 1 year appreciation rate for houses is 7.60%, lower than the national average of 8.27%. This makes Grafton an ideal location for people looking for a good deal on a home without sacrificing quality. The city also offers a variety of amenities such as parks, schools, shopping, dining options and much more that make it a great place to live.
The median home cost in Grafton is $117,400. Home appreciation the last 10 years has been 61.5%. Home Appreciation in Grafton is up 9.6%.
Average Age of Homes
- The median age of Grafton real estate is 52 years old
The Rental Market in Grafton
- Renters make up 35.0% of the Grafton population
- 3.5% of houses and apartments in Grafton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.