Groves, TX Home Values & Market Trends

Real estate market trends reflect that there have been 276 transactions over the past year in Groves. The median value for residential home transactions that occurred over the previous year is $181,233.28. The number of current listings in Groves is 16, and the percentage of properties for sale in the city is 45.71%. Groves, TX currently has 19 properties in foreclosure, 6 bank owned properties, 13 properties headed for auction, and 16 properties for sale.

Groves, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
77619

$ 183,598

$ 117/sqft

Housing Market Summary for Groves, TX

Aug 2022August 2023Change
Median Listing Price$158.9K$179.9K13.17%
Median Sold Price$189.4K$179.9K-5.05%
Homes For Sale4029-27.50%
Homes Sold210203-3.33%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Groves, TX

Groves home values range from $24,500 to $722,995. The median estimated value of a home in Groves is $181,233.28. The median list price of a home is 177,450, and the total count of properties in the city is 6,180.

Foreclosure
There is 1 zips within Groves, TX; within this zips, the median estimated home value for homes in foreclosure ranges from $325,200 in 77619 to the lowest value of $69,388 in 77619. Foreclosure homes account for 0.00% of properties in Groves, TX with 77619 containing 19 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Groves, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Groves, TX; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Groves, TX ranges from the highest value of $237,315 in 77619 to the lowest value of $127,796 in 77619. Bank owned homes and properties account for 0.10% of properties in Groves, TX. There is 1 zips within Groves, TX; 77619 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    77619 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Groves, TX. Auction homes and other auction properties account for 0.21% of all properties in Groves, TX. There is 1 zips within Groves, TX; of that zips, the median estimated home value for homes going to auction ranges from $325,200 in 77619 to the lowest value of $69,388 in 77619.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Groves, TX with 77619 containing 16 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Groves, TX; homes for sale in that zips, have a range of median values from $247,069 in 77619 to the lowest value of $43,710 in 77619.
    Sold Homes
    The median value for recently sold homes ranges from $435,003 in 77619 to the lowest price of $49,695 in 77619. There is 1 zips within Groves, TX. 77619 has 204 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.30% of properties in Groves, TX.

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