Is Grafton, WI 53024 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grafton is a seller’s market. With about 2 months of supply and 57% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score79/ 100

More competitive than 84% of U.S. ZIP codes, and #67 of 319 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list57%Share of sales, last 3 months
Median sale-to-list101.7%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$244▲ +0.6% vs. last year

The Grafton housing market right now

In the three months ending August 31, 2026, 57% of homes in Grafton, WI 53024 sold above their list price, the typical home went under contract in 49 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 49%, homes sold about as fast and the median sale price fell 8% to $484,790. Overall, Grafton is more competitive than a year ago, so tougher for buyers.

Within Ozaukee County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Grafton ranks #67 of 319 WI ZIP codes with enough sales (score 79 out of 100).

Nearby, buyers who want less competition could look at Belgium 53004 (20% sold over asking) or Fredonia 53021 (33% sold over asking), while Mequon 53092 (63% sold over asking) and Cedarburg 53012 (63% sold over asking) are even more competitive.

Nearby markets

Belgium 53004Seller’s market $215 /sq ftCedarburg 53012Seller’s market $273 /sq ftFredonia 53021Seller’s market $216 /sq ftMequon 53092Seller’s market $250 /sq ft Browse all markets →

Where Grafton is

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Questions about Grafton real estate

Is Grafton a buyer’s or seller’s market?

A seller’s market: there were 2 months of supply in Grafton, WI 53024 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Grafton?

The typical home went under contract in 49 days in the latest three months.

Do homes in Grafton sell over asking?

57% of homes sold above their original list price, and the typical sale closed at 101.7% of the list price.

What are property taxes in Grafton?

About 1.19% of a home’s value a year in Ozaukee County, or roughly $4,760 on a $400,000 home.

What is the median home price in Grafton?

The median sale price was $484,790 in the three months ending August 31, 2026, about $244 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology