In Grafton, IA (50440 zip code) the median housing value is $131,300. This is significantly lower than the national average of $338,100. Despite this difference in median home values, Grafton has seen a higher appreciation rate than the national average in the past year; 11.88% compared to 8.27%. This strong appreciation rate indicates that Grafton's housing market is growing faster than other markets throughout the US.
The median home cost in Grafton (zip 50440) is $131,300. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Grafton (zip 50440) is up 15.9%.
Average Age of Homes
- The median age of Grafton (zip 50440) real estate is 78 years old
The Rental Market in Grafton (zip 50440)
- Renters make up 11.6% of the Grafton (zip 50440) population
- 0.0% of houses and apartments in Grafton (zip 50440), 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.