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Featured local agent — Groves, TX
Sarah Mitchell
Compass Real Estate · Groves, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Groves, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$199,900median sale price
How is the Groves, TX housing market right now?
The median home sale price in Groves, TX is $199,900, up 6.7% year-over-year. Homes sell in an average of 14 days with 26 active listings. The market is currently a strong seller's 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 Groves a buyer's or seller's market?
Groves, TX is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
14
Fast-moving
Active listings
26
1.5 months supply
Sale-to-list
102.2%
Above asking
What does the Groves housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $199,900 |
| Median list price | $255,000 |
| Year-over-year price change | +6.7% |
| Average days on market | 14 days |
| Active inventory | 26 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 102.2% |
| Median price per sq ft | $144/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 23 |
| Listings with a price cut | 23.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Groves by property type?
How the Groves, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $199,900 | $144/sq ft | 17 | 14 days |
Source: Redfin · Updated monthly
The Groves housing market is currently classified as a strong seller's market with a median sale price of $199,900. Prices have risen 6.7% compared to last year, with homes spending an average of 14 days on market, indicating 1.5 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 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Groves
There are currently 26 homes listed for sale in Groves, Texas. The median listing price is $255K.
Active listings
26
Homes on market
Median list price
$255K
Avg. days on market
14
Days until sale
New this week
23
Newly listed
Who lives in Groves?
Population
17,021
Median income
$70,485/yr
Median age
41.1 years
Owner-occupied
78.2%
College grads
12.9%
Avg commute
21.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Groves?
Zillow home value
$188,537
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Groves?
Groves is a community of approximately 17K residents with a median age of 41.1 years.The median household income is $70,485, which represents a working-class community with solid middle-income opportunities. 12.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 78.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Groves offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Groves?
3 schools tracked · 1,920 students
The largest public schools serving Groves, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GROVES PRI
Grades PK-2 · 681 students
GROVES MIDDLE
Grades 6-8 · 637 students
GROVES INT
Grades 3-5 · 602 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Groves, TX?
Want a head-to-head view? Compare Groves side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Groves?
The median home sale price in Groves is $199,900, up 6.7% from last year.
How long do homes stay on market in Groves?
Homes typically spend 14 days on market before going under contract.
What is the median income in Groves?
The median household income is $70,485 per year.
Is Groves a buyer's or seller's market?
With 1.5 months of supply, Groves is currently a strong seller's market.
What is the Zillow home value estimate for Groves?
The Zillow Home Value Index (ZHVI) for Groves is $188,537, representing the typical home value in the area.
How much does a single-family home cost in Groves?
The median single-family home price in Groves, TX is $199,900 (about $144 per square foot).
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