Is Groveland, MA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Groveland is a seller's market


Difference Since February 2023

Since last year, Groveland has remained a Seller's Market.

Key Takeaway

Groveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Groveland, MA

How much do homes in Groveland, MA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Groveland have sold for 14.1% more than they did a year ago.

Summary: The median home sold price in Groveland was $599,000 in February 2024, up 14.1% from last year, and the median price per square foot was $325.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $230K-
2 $431.5K$440K
3 $550.9K$590K
4 $650K$821K
5+ $668K$755K

Summary: Groveland housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Cities

West Newbury

Housing Supply in Groveland, MA

How many homes are available in Groveland, MA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Groveland real estate market had 8 homes for sale in February 2024, a 27.3% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
2 42
3 43
4 33
5+ 00

Summary: The Groveland housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Groveland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Groveland in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Groveland, MA

How long does it take to sell a home in Groveland, MA?

Average Sale Time

Feb 2023Feb 2024CHANGE
12 Days107 Days+756.0%

Summary: Homes in Groveland had an average of 107 days on market in Feb 2024, up by 756% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Groveland are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 2 homes were sold in Groveland; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Groveland, MA

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