The The Groves housing market is somewhat competitive. The median sale price of a home in The Groves was $378K last month, down 25.8% since last year. The median sale price per square foot in The Groves is $178, down 0.56% since last year.
What is the housing market like in The Groves today?
In October 2024, The Groves home prices were down 25.8% compared to last year, selling for a median price of $378K. On average, homes in The Groves sell after 72 days on the market compared to 59 days last year. There were 43 homes sold in October this year, up from 36 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$377,824
-25.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
The Groves, TX
$377,824
-25.8%
United States
To compare other locations to the The Groves and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Atascocita add value to a home.
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How hot is the The Groves housing market?
The Groves is somewhat competitive. Homes sell in 82.5 days.
0
100
40
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 83 days.
Hot homes
can sell for around list price and go pending in around 22 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
The Groves, TX
98.4%
+0.2 pt
United States
Schools in The Groves
Learn about schools in the The Groves area
Elementary
Middle
High
GreatSchools Rating
8/10
Groves Elementary School
Public • PreK-5
1087
Students
N/A
5/10
Atascocita Springs Elementary School
Public • PreK-5
882
Students
5 reviews
4/10
Lakeshore Elementary School
Public • PreK-5
674
Students
7 reviews
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 The Groves housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in The Groves.
Flood Factor - Minor
52% of properties are at risk of severe flooding over the next 30 years
Flood Factor
The Groves has a minor risk of flooding. 584 properties in The Groves are likely to be
severely affected
by flooding over the next 30 years. This represents 52% of all properties in The Groves. Flood risk is increasing slower than the national average.
77% of properties are at risk of wildfire over the next 30 years
Fire Factor
The Groves has a moderate risk of wildfire. There are 1,617 properties in The Groves that have some risk of being affected by wildfire over the next 30 years. This represents 77% of all properties in The Groves.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
The Groves has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. The Groves is most at risk from hurricanes. 2,077 properties in The 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 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.