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Grafton city, IL

ZIP 62037 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62037

Median Home Value
$222,900
Median Rent
N/A
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,432/mo PITI).

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

To comfortably buy a median-priced home in ZIP 62037 in Grafton city, IL, a household would need roughly $61,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,432. That sits below the local median household income ($71,838), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 33% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.1%+24% vs US avg
x
Vacancy Rate
33.0%+221% vs US avg
x
Broadband Access
72.8%-16% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
4.1%-68% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
5.8%-88% vs US avg
x
Mortgage-Free
50.9%+33% vs US avg
x
$222,900
Home Value
N/A
Rent
1988
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.8%
  • 1-unit attached1.2%
  • 2-9 units8.5%
  • 10+ units2.8%
  • Mobile home & other15.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$222,900
Median rent$-666,666,666
Owner-occupied81.1%
Vacant33.0%
Price-to-income3.1x
Est. income to buy$61,000