Groveton, VA

Seller's market+14.3% YoY

Housing market overview · Updated weekly

$600,000median sale price

Homes sold

12

Last 12 weeks

Days on market

46

Average pace

Active listings

19

1.6 months supply

Sale-to-list

99.4%

Below asking

The Groveton housing market is currently classified as a seller's market with a median sale price of $600,000. Prices have risen 14.3% compared to last year, with homes spending an average of 46 days on market, indicating 1.6 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 Groveton

There are currently 19 homes listed for sale in Groveton, Virginia. The median listing price is $732K.

Active listings

19

Homes on market

Median list price

$732K

Avg. days on market

46

Days until sale

New this week

14

Newly listed

Price drops:10.5%of listings
Sale-to-list:99.4%

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Frequently asked questions

What is the average home price in Groveton?

The median home sale price in Groveton is $600,000, up 14.3% from last year.

How long do homes stay on market in Groveton?

Homes typically spend 46 days on market before going under contract.

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

With 1.6 months of supply, Groveton is currently a seller's market.

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