Commercial Real Estate Market in Grafton, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 301 off-market properties in Grafton, MA.
Market Trends
Grafton, MA spans 10.7 square miles in Worcester County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Grafton, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Grafton, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Grafton, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Grafton, MA asks $216/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 84.2%
- Mixed use 7.9%
- Industrial 6.5%
- Commercial 1.4%
Largest Zones share of zoned land by district
Residential
Village Mixed Use
Residential
Office Light Industrial
Agriculture Residential
Grafton, MA zones 4,008 acres across 9 districts. Commercial zoning covers 1.4% of zoned land, residential 84.2% and industrial 6.5%. The largest single district is Residential at 75.5%. For commercial buyers the practical constraint is that only 7.9% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Grafton, MA has 7,254 residents in 2,724 households. Density runs 679 people per square mile. Median household income here is $153,750 and median gross rent $2,266 a month.
7,254
Population
2,724
Households
2.7
Avg Household Size
42
Median Age
64%
College-Educated
96%
High-School Grad
10.7 sq mi
ZIP Area
679
Density / Sq Mi
$153,750
Median Household Income
$69,544
Median Earnings
$2,266
Median Rent
$573,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millbury | — | — |
| Upton | — | — |
| Northbridge | — | $17.85 |
| Sutton | — | — |
Commercial property in Grafton, MA asks $29/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Grafton?
Commercial property in Grafton, MA asks an average of $29 per square foot. The 5 most recent recorded sales traded at a median of $271/SF. Multifamily carries the highest asking price at $216/SF.
What zoning applies to commercial property in Grafton?
Grafton, MA zones 4,008 acres across 9 districts, of which 1.4% is commercial and 6.5% industrial. The largest single district is Residential at 75.5% of zoned land. Residential zoning covers 84.2% and open space 0%.
Where does Realmo's Grafton market data come from?
Realmo compiles Grafton, MA figures from 8 recent recorded sales, 12 active sale listings, 3 active lease listings, 301 tracked off-market properties, the current Grafton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 12 active for-sale and 3 active for-lease listings in Grafton, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 4,008 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
