$5,164 Closing Credit¹
Amy L Hoes, Listing Office: EXP Realty, LLC.
Grafton Township Housing Market Report December 2024•Lorain County, Ohio
Housing Prices in Grafton Township, OH
How much do homes in Grafton Township, OH cost?
Housing Market Conditions
Is Grafton Township, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Grafton Township is a Seller's Market
Difference Since December 2023
Since last year, Grafton Township has remained a Seller's Market.
Insight
Grafton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$277,500$142/SqFt
-$2,500
-0.9%
Based on all homes sold in the last 12 months
Insight
Homes in Grafton Township have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Grafton Township was $277,500 in December 2024, down 0.9% from last year, and the median price per square foot was $142.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Eaton Township | $210K | $234K | +11.4% |
| LaGrange Township | $260.2K | $264K | +1.4% |
| Grafton Township | $280K | $277.5K | -0.9% |
| Grafton | $280K | $275K | -1.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $93K | $198.5K | +113.4% |
| 33 Bedrooms | $280K | $250K | -10.7% |
| 44 Bedrooms | $330K | $395K | +19.7% |
| 55+ Bedrooms | $422K | $410K | -2.8% |
Summary: Grafton Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +113.4%. The home price for 3 bedroom homes decreased by -10.7%. The home price for 4 bedroom homes increased by +19.7%. The home price for 5 bedroom homes decreased by -2.8%.
Housing supply in Grafton Township, OH
How many homes are available in Grafton Township, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 30Last MonthDec 2024 | ||
| 342 months agoNov 2024 | -11.8 % Change MoMNov – Dec |
Summary: The Grafton Township real estate market had 30 homes for sale in Dec 2024, a 11.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthDec 2024 | ||
| 112 months agoNov 2024 | -36.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 2 | -33.3% |
| 33 Bedrooms | 13 | 14 | +7.7% |
| 44 Bedrooms | 14 | 10 | -28.6% |
| 55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Grafton Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes increased by +7.7%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Grafton Township, OH cost?
Over Asking Price2 Homes
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Grafton Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Grafton Township in December 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and and 29% were sold over asking.
Days on Market for Grafton Township, OH
How long does it take to sell a home in Grafton Township, OH?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days3 Homes
Over 90 Days1 Home
Insight
Many homes in Grafton Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Grafton Township; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 31 DaysThis YearDec 2024 | ||
| 44 Days1 year agoDec 2023 | -27.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Grafton Township had an average listing age of 31 days in Dec 2024, down by 27.9% compared to the previous year.
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Newest Listings in Grafton Township, OH
What homes are available in Grafton Township, OH?
$4,156 Closing Credit¹
Christy T Morek, Listing Office: Keller Williams Citywide
$5,938 Closing Credit¹
Marcella Musat, Listing Office: Russell Real Estate Services
$2,078 Closing Credit¹
Timothy S Clifford, Listing Office: Countryview Realty, LLC
$4,156 Closing Credit¹
Marty Emerman, Listing Office: Keller Williams Greater Metropolitan
$5,580 Closing Credit¹
Tim Debronsky, Listing Office: Realty Trust Services, LLC
$9,083 Closing Credit¹
Kevin P Russell, Listing Office: Russell Real Estate Services
$6,174 Closing Credit¹
Maria A Moodt, Listing Office: RE/MAX Crossroads Properties
April Kolodka, Listing Office: EXP Realty, LLC.
$9,322 Closing Credit¹
Hannah Pannetti, Listing Office: Keller Williams Citywide
$8,311 Closing Credit¹
Jennifer L Taylor, Listing Office: Russell Real Estate Services
Jennifer L Taylor, Listing Office: Russell Real Estate Services
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 01/01/2023 - 01/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 5:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.