Groves, TX

Seller's market+41.0% YoY

Housing market overview · Updated weekly

$249,900median sale price

Homes sold

13

Last 12 weeks

Days on market

29

Average pace

Active listings

37

2.8 months supply

Sale-to-list

100.4%

Above asking

The Groves housing market is currently classified as a seller's market with a median sale price of $249,900. Prices have risen 41.0% compared to last year, with homes spending an average of 29 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Groves

There are currently 37 homes listed for sale in Groves, Texas. The median listing price is $245K.

Active listings

37

Homes on market

Median list price

$245K

Avg. days on market

29

Days until sale

New this week

20

Newly listed

Price drops:27.0%of listings
Sale-to-list:100.4%

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Frequently asked questions

What is the average home price in Groves?

The median home sale price in Groves is $249,900, up 41.0% from last year.

How long do homes stay on market in Groves?

Homes typically spend 29 days on market before going under contract.

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

With 2.8 months of supply, Groves is currently a seller's market.

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