City:

Grafton, MA

Grafton is a city in the state of massachusetts with a population of roughly 7,042. It is in Worcester County, Massachusetts the Worcester, MA-CT core-based statistical areas (CBSA), and the Boston-Worcester-Providence, MA-RI-NH-CT combined statistical area (CSA).Its Zip codes include 01519 .

Trends in Home Prices in Grafton, MA

Real estate in Grafton, MA is a booming industry. The town has a population of just over 10,000 people and there is plenty of demand for housing. The median price of a home in Grafton was $369,500 in 2017. This is an increase from the previous year when the median price was $340,000.

The main reason for this increase is likely due to the growth of the technology sector in Grafton. Many companies are moving into the town and are looking for new homes to live in. This has led to an increase in demand for residential property.

Another factor that has contributed to the high prices of homes in Grafton is the low unemployment rate. There are currently only 2% unemployment rates which means that there is plenty of demand for jobs and housing.

One downside to this boom market is that it can be difficult to find properties that meet your needs. There are a lot of luxury homes being sold which means that you may have difficulty finding something affordable if you want to buy a home.

Price Index: Worcester, MA-CT

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