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Sarah Mitchell

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Compass Real Estate · Groesbeck, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Groesbeck, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Groesbeck, OH Housing Market & Real Estate

Balanced market-1.1% YoY

Housing market overview · Updated monthly ·

$234,900median sale price

How is the Groesbeck, OH housing market right now?

The median home sale price in Groesbeck, OH is $234,900, down 1.1% year-over-year. Homes sell in an average of 61 days with 23 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Groesbeck a buyer's or seller's market?

Balanced market2.1 months of supply61 avg. days on market

Groesbeck, OH is currently a balanced market, based on 2.1 months of supply and homes selling in about 61 days. How we determine this →

Homes sold

11

Last 12 weeks

Days on market

61

Average pace

Active listings

23

2.1 months supply

Sale-to-list

95.0%

Below asking

What does the Groesbeck housing market data show?

Current housing market statistics for Groesbeck, OH
MetricValue
Median sale price$234,900
Median list price$209,450
Year-over-year price change-1.1%
Average days on market61 days
Active inventory23 listings
Months of supply2.1 months
Sale-to-list price ratio95.0%
Median price per sq ft$161/sq ft
Homes sold (latest month)11
New listings (latest month)4
Listings with a price cut34.8%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Groesbeck by property type?

How the Groesbeck, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Groesbeck, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$234,900$161/sq ft1161 days
Condo / Co-op$175,000$145/sq ft127 days

Source: Redfin · Updated monthly

The Groesbeck housing market is currently classified as a balanced market with a median sale price of $234,900. Prices have fallen 1.1% compared to last year, with homes spending an average of 61 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.

Homes for sale in Groesbeck

There are currently 23 homes listed for sale in Groesbeck, Ohio. The median listing price is $209K.

Active listings

23

Homes on market

Median list price

$209K

Avg. days on market

61

Days until sale

New this week

4

Newly listed

Price drops:34.8%of listings
Sale-to-list:95.0%

Who lives in Groesbeck?

Population

8,036

Median income

$59,886/yr

Median age

35.6 years

Owner-occupied

67.7%

College grads

24.8%

Avg commute

24.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Groesbeck?

Zillow home value

$239,406

Price-to-income

4.0x

Source: Zillow Research

What is it like to live in Groesbeck?

Groesbeck is a community of approximately 8K residents with a median age of 35.6 years.The median household income is $59,886, which represents a working-class community with solid middle-income opportunities. 24.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 67.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Groesbeck offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Groesbeck, OH?

Want a head-to-head view? Compare Groesbeck side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Groesbeck?

The median home sale price in Groesbeck is $234,900, down 1.1% from last year.

How long do homes stay on market in Groesbeck?

Homes typically spend 61 days on market before going under contract.

What is the median income in Groesbeck?

The median household income is $59,886 per year.

Is Groesbeck a buyer's or seller's market?

With 2.1 months of supply, Groesbeck is currently a balanced market.

What is the Zillow home value estimate for Groesbeck?

The Zillow Home Value Index (ZHVI) for Groesbeck is $239,406, representing the typical home value in the area.

What is the median condo price in Groesbeck?

The median condo/co-op sale price in Groesbeck, OH is $175,000, compared to $234,900 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Groesbeck?

The median single-family home price in Groesbeck, OH is $234,900 (about $161 per square foot).

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