Grafton, WI 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.

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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.

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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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Grafton properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Grafton Elementary School (Grafton) Grafton School District public 330 Not Provided Grafton Elementary School GreatSchools Rating
Kennedy Elementary School (Grafton) Grafton School District public 269 Not Provided Kennedy Elementary School GreatSchools Rating
Parkview Elementary School (Cedarburg) Cedarburg School District public 432 Not Provided Parkview Elementary School GreatSchools Rating
Thorson Elementary School (Cedarburg) Cedarburg School District public 411 Not Provided Thorson Elementary School GreatSchools Rating
Westlawn Elementary School (Cedarburg) Cedarburg School District public 337 Not Provided Westlawn Elementary School GreatSchools Rating
Woodview Elementary School (Grafton) Grafton School District public 293 Not Provided Woodview Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
John Long Middle School (Grafton) Grafton School District public 464 Not Provided John Long Middle School GreatSchools Rating
Our Savior Lutheran School (Grafton) private 75 Not Provided Our Savior Lutheran School GreatSchools Rating
St Joseph's Parish School (Grafton) private 205 Not Provided St Joseph's Parish School GreatSchools Rating
St Paul Lutheran School (Grafton) private 269 Not Provided St Paul Lutheran School GreatSchools Rating
Webster Middle School (Cedarburg) Cedarburg School District public 668 Not Provided Webster Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Cedarburg High School (Cedarburg) Cedarburg School District public 1141 Not Provided Cedarburg High School GreatSchools Rating
Grafton High School (Grafton) Grafton School District public 745 Not Provided Grafton High School GreatSchools Rating
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Demographics

Population Demographics

  City County State
Total Population 18,157 87,659 5,687,217
Total Households 6,942 34,542 2,286,339
Total Families 4,791 24,708 1,476,860
Population Density 602 3,055 437,888
Percent Male 49% 49% 50%
Percent Female 51% 51% 50%
White Collar Jobs 73% 69% 55%
Blue Collar Jobs 27% 31% 45%

Top Occupations

Professions Population Employed
Healthcare 2,429
Manufacturing 2,001
Management 1,630
Information, Scientific and Technical 1,403
Retail 1,399
Sales 1,279
Education 1,200
Transportation 995
Professional Services 960
Arts and Media 671

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 7,452 36,664 2,620,437
Owner Occupied Housing Units 5,407 27,252 1,568,389
Renter Occupied Housing Units 1,535 7,290 717,965
Vacant Housing Units 496 2,145 334,086
Occupancy Rate 93% 94% 87%
Vehicles Per Housing Unit 2 16 1,560

Commute Time To Work

  City County State
Less than 5 minutes 305 1,717 128,186
5 - 14 minutes 2,812 6,758 376,097
15 - 29 minutes 2,970 7,145 445,850
30 - 44 minutes 2,113 6,529 289,042
45-59 minutes 651 2,918 143,851
Over 60 minutes 349 1,049 80,730

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 453 2,446 374,133
High School Graduate 2,681 13,786 1,258,952
Some College 2,642 12,703 808,107
Associates Degree 1,252 5,092 355,880
Bachelors Degree 3,254 16,905 663,912
Graduate Degree 1,741 6,874 243,260

Education Attainment


Market Conditions

Market Conditions for Grafton

August 2017

Median Sale Price
$267,500

 UP 10.99%
vs. Month Ago
Homes for Sale
63

 UP 3.27%
vs. Month Ago
Homes Sold
30

 UP 3.44%
vs. Month Ago
Avg Days on Market
47

 UP 30.55%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $267,500. The median sales price for homes in August rose by $26,500 compared to last month. This represents a 10.99% increase from July. Compared to the same month last year, the median price of homes rose by $25,500 representing a 10.53% 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

The inventory of homes for sale rose by 2 in August to 63. This represents 3.27% increase from July when 61 homes were on the market. Compared to the same month last year when there were 65 homes for sale, the inventory of homes for sale has fallen by 2 representing a -3.07% 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

The inventory of homes for sale rose by 2 in August to 63. This represents 3.27% increase from July when 61 homes were on the market. Compared to the same month last year when there were 65 homes for sale, the inventory of homes for sale has fallen by 2 representing a -3.07% 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.

Avg Days on Market

The average days on market for a home sold in August (47) increased by 11 days compared to July. This represents a 30.55% 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 increased by 5, a 11.9% 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

The Sale/List Price Ratio of 97.53% in August rose by 0.17% compared to July and decreased 1.23% 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

The number of homes listed in August (31) rose by 6 compared to July, a 24% change. Compared to August 2016, the number of new listings increased by 11, a 55% 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 Homes

The median list price in August was $239,900. The median list price for homes in August fell by ($50,000) compared to last month. This represents a 17.24% decrease from July. Compared to the same month last year, the median list price of homes decreased ($25,000) representing a -9.43% year-over-year decrease.

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.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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