The Groves housing market is not very competitive. The median sale price of a home in Groves was $277K last month, down 22.1% since last year. The median sale price per square foot in Groves is $181, up 0.8% since last year.
In March 2024, Groves home prices were down 22.1% compared to last year, selling for a median price of $277K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$276,500
-22.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Groves, FL
$276,500
-22.1%
United States
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How hot is the Groves housing market?
Groves is not very competitive. Homes sell in 119 days.
0
100
26
Not 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 9 months
Multiple offers are rare.
The average homes sell for about 1% below list price and go pending in around 119 days.
Hot homes
can sell for around list price and go pending in around 79 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
96.0%
-1.9 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Groves, FL
96.0%
-1.9 pt
United States
Home offer insights for Groves
Explore recent offers and recently sold homes in Groves
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 Groves housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Groves.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Groves has a minor risk of flooding. 14 properties in Groves are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Groves. Flood risk is increasing slower than the national average.
80% of properties are at risk of wildfire over the next 30 years
Fire Factor
Groves has a moderate risk of wildfire. There are 273 properties in Groves that have some risk of being affected by wildfire over the next 30 years. This represents 80% of all properties in Groves.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Groves has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Groves is most at risk from hurricanes. 339 properties in 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 159 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 172 mph.