Grafton, WI Real Estate

Grafton, Wisconsin Real Estate

Grafton, Wisconsin, located in “The Heart of Ozaukee County,” was established on the Milwaukee River in the 1840s. It’s located approximately 20 minutes north of Milwaukee and hosts an environment ripe for families and businesses to develop and prosper. Home to over 11,000, Grafton is considered one of the most progressive communities in Wisconsin.

Amenities
The village of Grafton is a community of beautiful, well-kept homes, tree-lined streets and many expansive park areas. Grafton’s 17 parks and open space areas encompass 120 acres.

Within the community of Grafton, there is never a shortage of fun activities to partake in. For example, programs are offered to the public in areas such as aquatics, athletics and senior citizen activities. Offered by the Parks and Recreation Department, these programs are available to both adults and youth.

Also popular among the local residents are the many festivals held throughout the year. Some of these events include the Holidaze, Grafton’s 4th of July Celebration which hosts the largest fireworks display in Ozaukee County; Grillin’ in Grafton, Wisconsin’s #1 BBQ festival; Giro d’ Grafton, which is part of the very popular ‘Tour of America’s Dairyland’ race series; the Paramount Blues Festival, which celebrates the rich history of Blues music; and the Grafton Christmas Parade.

A lovely way to spend an evening, the Grafton Riverwalk is always bustling with activity. Whether it’s the shopping or a lovely stroll along the Milwaukee River, it’s quite the local hot spot. For something a little more fast-paced, many local residents participate in Grafton’s Downriver Canoe Race.

Grafton is a village in Ozaukee County, which is known for its nationally ranked school system, reasonable cost of living, low rate of crime, and short travel times for commuters.

History
Grafton was first explored in 1670 by two Jesuit priests from Green Bay, and until the late 1820s was occupied by the Potowatami Indians. In 1838, Timothy Wooden purchased 145 acres of land, which would become the business district of Grafton.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Grafton High School (Grafton) Grafton School District Public 750 15 GRAFTON HIGH SCHOOL GreatSchools Rating
John Long Middle School (Grafton) Grafton School District Public 484 14 JOHN LONG MIDDLE SCHOOL GreatSchools Rating
Kennedy Elementary School (Grafton) Grafton School District Public 470 13 KENNEDY ELEMENTARY SCHOOL GreatSchools Rating
Woodview Elementary School (Grafton) Grafton School District Public 440 16 WOODVIEW ELEMENTARY SCHOOL GreatSchools Rating
Demographics

Population Demographics

  City County State
Total Population 17,848 89,558 5,852,878
Total Households 7,312 35,558 2,349,819
Total Families 5,187 25,168 1,516,725
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 60% 59% 58%
Blue Collar Jobs 40% 41% 42%

Top Occupations

Professions Population Employed
Professional Services 2,051
Healthcare 1,178
Sales 1,175
Manufacturing 1,168
Food 487
Management 483
Maintenance 468
Transportation 378
Social Services 339
Information, Scientific and Technical 282

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Education Attainment

  City County State
Some High School 279 1,657 224,571
High School Graduate 2,634 13,828 1,256,597
Some College 2,810 11,927 833,955
Associates Degree 1,289 5,634 410,260
Bachelors Degree 3,601 18,388 747,113
Graduate Degree 1,897 10,727 384,121

Education Attainment


Market Conditions
Market Conditions for Grafton - August 2020 | Shorewest Realtors®
August 2020

Market Conditions for Grafton

Median Sale Price Graph

Median Sale Price

The median sale price for homes in August was $370,000. The median sales price for homes in August rose by $19,500 compared to last month. This represents a 5.56% increase from July. Compared to the same month last year, the median price of homes rose by $83,170 representing a 28.99% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale rose by 1 in August to 59. This represents 1.72% increase from July when 58 homes were on the market. Compared to the same month last year when there were 49 homes for sale, the inventory of homes for sale has risen by 10 representing a 20.4% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 31 homes sold in August was 7 less than in July. This represents a 18.42% decrease in sales from July. Compared to the same month last year, the number of homes sold increased by 5, a 19.23% year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in August (45) increased by 5 days compared to July. This represents a 12.5% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 7, a -13.46% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 99.97% in August fell by 1.14% compared to July and increased 2.69% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in August (33) fell by 1 compared to July, a 2.94% change. Compared to August 2019, the number of new listings increased by 2, a 6.45% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in August was $339,900. The median list price for homes in August fell by ($32,050) compared to last month. This represents a 8.61% decrease from July. Compared to the same month last year, the median list price of homes increased $64,900 representing a 23.6% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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