Real Estate Investing in Grafton, Massachusetts (01519)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Worcester County • Population: 7,738 • Data updated: September 2026

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Should you buy in 01519 (Grafton, MA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Grafton, MA (01519)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $694,975
Avg Monthly Rent $2,673
1% Rule ✗ Does Not Meet
Median Income $144,452
% Renters 23.9%

Market Analysis: 01519 Grafton

ZIP 01519 inside Worcester County looks affordable on the surface — median value of $695K — but the discount exists for reasons that a careful buyer should understand before committing.

Meanwhile, the numbers look inviting — $695K purchase price, 0.0% nominal cap — the work to hit that pro forma in 01519 is substantial and deserves full respect.

On the rental side, 01519 offers a low basis, the region around Grafton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The demographic picture in 01519 includes headwinds that any investor should price in. Income distribution skews lower than Grafton averages, and tenant stability requires active management.

Experienced landlords with local relationships tend to find 01519 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Grafton:

C+ Average
Buy Confidence Score: 64/100
Affordability
10/25
Appreciation
22/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.8× the median income
Value Trend
Rising (+5.8%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,673/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Worcester, MA-CT Metro Area
Even conditions for buyers and sellers
34 days
Average time to sell
Average
10.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Worcester, MA-CT metro data
🏠

Property Strategy for 01519

Which property type performs best in this market?

Best for Cash Flow
2BR
5.0% cap rate
Best for Appreciation
2BR
+9.7% 5yr CAGR
Best Overall Value
5BR
$189,080/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $429,769 $2,970 5.0% +9.7% $214,885
3BR $581,758 $3,680 4.6% +8.4% $193,919
4BR $833,644 $4,080 3.5% +8.8% $208,411
5BR $945,400 +9.6% $189,080

Market Trends

Home Value History (with trend line)

$729K$639K$549K$458K$368K$277KJul 2006Jul 2016Jul 2026

📊 How Does 01519 Compare?

Metric 01519 Grafton Worcester, MA-CT Massachusetts
Home Value $694,975 $620,752 N/A $645,115
5-Year CAGR 6.6% 6.3% N/A 7.0%
Avg Rent $2,673 $2,341 N/A -
Cap Rate 3.0% 2.9% - -
💡 Why Invest in 01519? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 01519 (Grafton, MA). Anonymous, moderated, never written by AI.

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Property managers serving Worcester County

Manage rentals here? List your business →

Ruane Property Management LLC offers commercial and residential property management services. summary from their website

Commercial
Unclaimed — is this your business? Claim it free

AP Services MA offers services to build, manage, and maintain properties. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.0%
Low
5yr Growth
+6.6%
Strong

📊 Market Snapshot

Home Value $694,975
Monthly Rent $2,673
Price-to-Rent 21.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.6%
Cap Rate 3.0%
5-Year IRR 9.6%

📈 Home Appreciation

1-Year +5.8% ▲
3-Year CAGR +5.6% ▲
5-Year CAGR +6.6% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
0.9%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.6%
Growing
Eviction process: Slow Rent control: Moderate

Demographics in 01519

Population: 7,738

💰 Median Household Income
$144,452
This area
$144,452
State
$107,356
USA
$74,580
🏠 Renter Occupied
23.9%
This area
23.9%
State
28.1%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-8.0%
USA
3.7%
🎓 College Educated
63.4%
This area
63.4%
State
32.1%
USA
33.7%
👤 Median Age
40.3 years
This area
40.3 years
State
22.8 years
USA
38.9 years
🏚️ Vacancy Rate
0.9%
This area
0.9%
State
13.6%
USA
10.5%
👥 Population by Ethnicity
White 86.4%
Asian 6.9%
Other/Mixed 6.2%
Hispanic/Latino 1.8%
Black/African American 0.6%
👶 Under 18
21.3%
This area
21.3%
USA
22.0%
👴 65 and Over
10.6%
This area
10.6%
USA
17.3%
📊 Poverty Rate
5.2%
This area
5.2%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 01519

A Avg School Grade
4 Schools
12.6:1 Avg Class Size
$19,499 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Grafton Middle

📚 07 – 08 Middle
👥
459 Students
👨‍🏫
12.7:1 Class Size
💰
$19,499 Per Student
A+ Excellent

Millbury Street Elementary School

📚 02 – 06 School
👥
589 Students
👨‍🏫
12.0:1 Class Size
💰
$19,499 Per Student
A+ Excellent

North Street Elementary School

📚 02 – 06 School
👥
568 Students
👨‍🏫
13.2:1 Class Size
💰
$19,499 Per Student
A Very Good

Grafton High School

📚 09 – 12 High School
👥
891 Students
👨‍🏫
12.6:1 Class Size
💰
$19,499 Per Student

Nearby Schools (2 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

North Grafton Elementary

📚 Pre-K – 01 Elementary
📍 44 Waterville Street, North Grafton
👥
252 Students
👨‍🏫
13.5:1 Class Size
💰
$19,499 Per Student
A Very Good

South Grafton Elementary

📚 Pre-K – 01 Elementary
📍 90 Main Street, South Grafton
👥
291 Students
👨‍🏫
13.7:1 Class Size
💰
$19,499 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby
D
Blackstone Valley Vocational Regional School District
40 students · 4.1 mi
C
Spa Tech Institute-Westboro
194 students · 6.3 mi
C
University of Massachusetts Chan Medical School
1,394 students · 6.8 mi
C
Bancroft School of Massage Therapy
51 students · 6.9 mi
B+
College of the Holy Cross
3,035 students · 7.1 mi
C
Rob Roy Academy-Worcester
121 students · 7.9 mi
B
Clark University
4,124 students · 8.1 mi
B
Worcester Polytechnic Institute
7,353 students · 8.4 mi

Frequently Asked Questions

How strong are rents in Grafton, MA?

Investors in Grafton, MA typically see rents near $2,673/mo per month against $695K home values - a solid setup for rental cash flow.

Is vacancy a concern in Grafton, MA?

Expect elevated vacancy in Grafton, MA. Rents at $2,673/mo are absorbed by the tenant base without meaningful lag.

What kind of market is Grafton, MA for investors?

Investors tracking Grafton, MA will find a 3.0/5 rating supported by $695K median home values and $2,673/mo rents. That profile suits long-term holders targeting predictable returns.

Can I live-in-and-rent in Grafton, MA?

The house hack math a challenging in Grafton, MA. Owner-occupant buyers benefit from the $2,673/mo rents and $695K home values.

What is the best play in Grafton, MA?

Grafton, MA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($695K prices, $2,673/mo rents) make it a reasonable choice.

You know 01519 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 01519 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 01519 ranks in Worcester, MA-CT

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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