Home prices
The value of the median home in Grafton is $145,300. In comparison to other places in this area it is roughly $18,000 (14%) higher.In comparison to the country as a whole it is about $72,200 (33%) lower, and compared to the city of Cleveland it is approximately $75,700 (108%) higher.
Rents
The median monthly rent in Grafton is $738. It is about $177 (19%) lower in comparison to other places in this area.It is about $324 (30%) lower compared to the country as a whole, and compared to the city of Cleveland it is roughly $19 (2%) higher.
Nearby places
Eaton Estates
Eaton Estates is about 2 miles northeast from Grafton. Real estate prices there are a lot less expensive. The median home in Eaton Estates is valued at $90,100, which comes out to $55,200 (61%) lower than Grafton. Rents there are somewhat more expensive. Eaton Estates's median monthly rent is $832, which comes out to $94 (11%) higher than Grafton.
LaGrange
LaGrange is approximately 4 miles southwest of Grafton. Its real estate prices are a little more expensive. The median home in LaGrange is valued at $176,400, which is $31,100 (17%) higher than Grafton. Its rents are a bit more expensive. In LaGrange the median rent is $899 a month, which works out to $161 (17%) higher than Grafton.
Pheasant Run
Pheasant Run is roughly 6 miles southwest from Grafton. Its housing prices are significantly less expensive. The median home value in Pheasant Run is $88,600, which comes out to $56,700 (63%) lower than Grafton. The rent there is a lot more expensive. Pheasant Run's median rent is $1,135 a month, which works out to $397 (34%) higher than Grafton.
North Ridgeville
North Ridgeville is roughly 6 miles north from Grafton. The real estate prices there are somewhat more expensive. The median home value in North Ridgeville is $182,300, which is $37,000 (20%) higher than Grafton. Its rents are a bit more expensive. In North Ridgeville the median rent is $968 a month, which is $230 (23%) higher than Grafton.
Elyria
Elyria is about 7 miles northwest of Grafton. Its housing prices are substantially less expensive. The value of the median home in Elyria is $99,100, which is $46,200 (46%) lower than Grafton. Rents there are pretty similar. The median rent in Elyria is $741 per month, which is very similar to Grafton.