01519, Grafton, MA

The 1519 zip code of Grafton, MA is located in the western part of the state and has a population of about 10,000. The median home value in this zip code is $269,000 which is about average for the state. The percentage of homes that are owner-occupied is about 68%, which is below the Massachusetts average of 71%. About 28% of homes in this zip code are occupied by renters, which is above the Massachusetts average but below the national average.

Home equity in this zip code has increased over time. The median home equity as of 2016 was $138,000, up from $118,000 in 2006. This increase can likely be attributed to rising prices and increasing home values throughout Massachusetts. Over the same period, mortgage rates have decreased significantly so homeowners have been able to borrow more money to buy homes and invest in their equity.

There are a number of factors that could affect home prices and home equity in Grafton including interest rates, economic conditions (such as job growth), local housing market trends, and regulations affecting real estate transactions. While there are many factors that can influence these values it's difficult to predict how they will change over time.