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Featured local agent — Groveton, VA
Sarah Mitchell
Compass Real Estate · Groveton, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Groveton, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$763,200median sale price
How is the Groveton, VA housing market right now?
The median home sale price in Groveton, VA is $763,200, down 0.2% year-over-year. Homes sell in an average of 22 days with 24 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 Groveton a buyer's or seller's market?
Groveton, VA is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
14
Last 12 weeks
Days on market
22
Average pace
Active listings
24
1.7 months supply
Sale-to-list
101.7%
Above asking
What does the Groveton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $763,200 |
| Median list price | $799,999 |
| Year-over-year price change | -0.2% |
| Average days on market | 22 days |
| Active inventory | 24 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 101.7% |
| Median price per sq ft | $383/sq ft |
| Homes sold (latest month) | 14 |
| New listings (latest month) | 15 |
| Listings with a price cut | 16.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Groveton by property type?
How the Groveton, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $795,256 | $376/sq ft | 11 | 30 days |
| Condo / Co-op | $510,000 | $335/sq ft | 1 | 166 days |
| Townhouse | $560,000 | $390/sq ft | 3 | 2 days |
Source: Redfin · Updated monthly
The Groveton housing market is currently classified as a strong seller's market with a median sale price of $763,200. Prices have fallen 0.2% compared to last year, with homes spending an average of 22 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Groveton
There are currently 24 homes listed for sale in Groveton, Virginia. The median listing price is $800K.
Active listings
24
Homes on market
Median list price
$800K
Avg. days on market
22
Days until sale
New this week
15
Newly listed
Who lives in Groveton?
Population
13,563
Median income
$109,665/yr
Median age
38.7 years
Owner-occupied
55.9%
College grads
44.2%
Avg commute
32.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Groveton?
Groveton is a community of approximately 14K residents with a median age of 38.7 years.The median household income is $109,665, which reflects a relatively affluent area with strong earning potential. 44.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 55.9%, showing a blend of owner and renter-occupied properties. The average commute time is 32.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Groveton offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Groveton, VA?
Want a head-to-head view? Compare Groveton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Groveton?
The median home sale price in Groveton is $763,200, down 0.2% from last year.
How long do homes stay on market in Groveton?
Homes typically spend 22 days on market before going under contract.
What is the median income in Groveton?
The median household income is $109,665 per year.
Is Groveton a buyer's or seller's market?
With 1.7 months of supply, Groveton is currently a strong seller's market.
What is the median condo price in Groveton?
The median condo/co-op sale price in Groveton, VA is $510,000, compared to $795,256 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Groveton?
The median single-family home price in Groveton, VA is $795,256 (about $376 per square foot).
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