Grafton, WI housing market
The typical Grafton home is worth about $460,000, up 6% in a year, 35% above the Wisconsin typical home.
Home values, sales, trends and how Grafton compares with the towns next door — updated as new data is published.
Grafton at a glance
Typical home value, 2016–2026
Show as a table
| January | Grafton | Wisconsin |
|---|---|---|
| 2017 | $262,000 | $180,000 |
| 2018 | $276,000 | $190,000 |
| 2019 | $291,000 | $202,000 |
| 2020 | $303,000 | $215,000 |
| 2021 | $329,000 | $238,000 |
| 2022 | $362,000 | $263,000 |
| 2023 | $380,000 | $282,000 |
| 2024 | $399,000 | $299,000 |
| 2025 | $427,000 | $317,000 |
| 2026 | $446,000 | $333,000 |
| August 2026 | $460,000 | $340,000 |
No new homes permitted in 2023
No permits for new homes were issued in Grafton in 2023. The last year with any was 2022 (7 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Grafton gained 302 residents while 123 new homes were permitted: about 2.5 new residents per new home. Building and growth moved roughly in step. Across Wisconsin: 1.3 new residents per new home.
How Grafton ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2023 | 0 | 0 | 0 | — |
| 2022 | 7 | 7 | 0 | $2.2 million |
| 2021 | 11 | 11 | 0 | $4.9 million |
| 2020 | 8 | 8 | 0 | $3.5 million |
| 2019 | 8 | 8 | 0 | $3.6 million |
| 2018 | 9 | 9 | 0 | $3.6 million |
| 2017 | 21 | 21 | 0 | $8.7 million |
| 2016 | 13 | 13 | 0 | $8.1 million |
| 2015 | 10 | 10 | 0 | $3.6 million |
| 2014 | 9 | 9 | 0 | $3.1 million |
| 2013 | 9 | 9 | 0 | $3.1 million |
| 2012 | 19 | 19 | 0 | $5.2 million |
| 2011 | 19 | 19 | 0 | $5.2 million |
| 2010 | 6 | 6 | 0 | $1.2 million |
| 2009 | 2 | 2 | 0 | $509,000 |
| 2008 | 1 | 1 | 0 | $303,000 |
| 2007 | 2 | 2 | 0 | $605,000 |
| 2006 | 2 | 2 | 0 | $450,000 |
| 2005 | 2 | 2 | 0 | $450,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Grafton's permit office didn't report to the Census in 2023, so the 2023 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Grafton and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Grafton | $460K | +6% | $1,310 | — | $87,245 |
| Grafton | — | +5.3%† | $1,310 | 249 | $89,861 |
| Port Washington | — | +4.1%† | $1,290 | 60 | $81,948 |
| Cedarburg | — | +3.3%† | $1,270 | 38 | $84,896 |
| Cedarburg | $566K | +6.2% | $1,270 | 1 | $124,121 |
| Saukville | — | +6.9%† | $1,170 | 21 | $79,730 |
| Port Washington | $393K | +5.8% | $1,280 | 3 | $82,727 |
† FHFA price index change, where Zillow has no home value for the town.
5.3 years of income
The typical Grafton home costs about 5.3 years of the town's median household income, more than across Wisconsin (4.4 years).
How Grafton ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,310
HUD's Fair Market Rent for a two-bedroom in Grafton is $1,310 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Grafton pay a median of $1,115, so moving in tends to cost more than staying put. A two-bedroom takes about 18% of the town's median household income.
Studio $1,010 · 4 bedrooms $1,750
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (53012, 53024; Milwaukee-Waukesha, WI MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.