The Park Groves housing market is very competitive. The median sale price of a home in Park Groves was $250K last month, up 11.1% since last year. The median sale price per square foot in Park Groves is $206, up 4.3% since last year.
What is the housing market like in Park Groves today?
In March 2024, Park Groves home prices were up 11.1% compared to last year, selling for a median price of $250K. On average, homes in Park Groves sell after 104 days on the market compared to 17 days last year. There were 5 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$249,900
+11.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Park Groves, TX
$249,900
+11.1%
United States
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How hot is the Park Groves housing market?
Park Groves is very competitive. Homes sell in 23 days.
0
100
77
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 23 days.
Hot homes
can sell for about 3% above list price and go pending in around 11 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Park Groves housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Park Groves.
Risk Factor
Flood Factor - Major
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Groves has a major risk of flooding. 45 properties in Park Groves are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Park Groves. Flood risk is increasing faster than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Groves has a minor risk of wildfire. There are 42 properties in Park Groves that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Park Groves.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Park Groves has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Park Groves is most at risk from hurricanes. 675 properties in Park Groves have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 84 mph.