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Friday, April 11, 2025

Grafton home prices fall in the second quarter of 2018

Webp re 13

The median sale price of a home sold in the second quarter of 2018 in Grafton fell by $40,950 while total sales decreased by 33.3%, according to BlockShopper.com.

From April through June of 2018, there were four homes sold, with a median sale price of $132,500 - a 23.6% decrease over the $173,450 median sale price for the same period of the previous year. There were six homes sold in Grafton in the second quarter of 2017.

The median sales tax in Grafton for 2018 was $3,122. In 2016, the median sales tax was $3,227. This marks an decrease of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Grafton to other Jersey County cities in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Grafton46-33.3%$132,500$173,450-23.6%
Elsah10-$94,000$0-
Jerseyville1939-51.3%$75,000$81,000-7.4%
Brighton00-$0$0-

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