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Is Grafton, ND 58237 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 3.4 months of supply and 0% 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.

Months of supply3.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list89.1%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$155▲ +12.8% vs. last year

The Grafton housing market right now

In the three months ending August 31, 2026, 0% of homes in Grafton, ND 58237 sold above their list price, the typical home went under contract in 55 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (33 days then) and the median sale price rose 7% to $258,888. Overall, Grafton is less competitive than a year ago, which gives buyers more room.

Run the numbers for 58237

Prefilled for 58237Can I win this house?Multiple-offer likelihood for a listing Prefilled for 58237Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Adams 58210 — /sq ftEdinburg 58227 — /sq ftFairdale 58229 — /sq ftFordville 58231 — /sq ft Browse all markets →

Towns like Grafton nearby

Find towns like Grafton in other states →
Warren, MN56762 · 31 miles away84% similarsmaller Park River, ND58270 · 15 miles away83% similarsmaller · older residents Cavalier, ND58220 · 30 miles away79% similarpricier homes ($28K more) · smaller East Grand Forks, MN56721 · 38 miles away73% similarpricier homes ($104K more) · larger

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 3.4 months of supply in Grafton, ND 58237 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 55 days in the latest three months.

Do homes in Grafton sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 89.1% of the list price.

What are property taxes in Grafton?

About 1.07% of a home’s value a year in Walsh County, or roughly $4,280 on a $400,000 home.

What is the median home price in Grafton?

The median sale price was $258,888 in the three months ending August 31, 2026, about $155 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