Is Groveland, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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, FL
How much do homes in Groveland, FL cost?
Median Sold Price
$385,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Groveland have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Groveland was $385,000 in April 2024, up 1.3% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $177.5K | +1.4% |
| 2 Bedrooms | $374.9K | $369.9K | -1.3% |
| 3 Bedrooms | $350K | $355K | +1.4% |
| 4 Bedrooms | $400K | $399.9K | 0% |
| 5+ Bedrooms | $462K | $481.5K | +4.2% |
Summary: Groveland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
| Clermont | $429.7K | $450K | +4.7% |
| Groveland-Mascotte | $374.9K | $380K | +1.4% |
| Groveland | $380K | $385K | +1.3% |
| Mascotte | $314.9K | $306.5K | -2.7% |
| Howey-in-the-Hills-Okahumpka | $335K | $325K | -3.0% |
Housing Supply in Groveland, FL
How many homes are available in Groveland, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 207 | 204 | -1.4% |
Summary: The Groveland real estate market had 204 homes for sale in April 2024, a 1.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 33 | 33 | 0.0% |
| 3 Bedrooms | 78 | 73 | -6.4% |
| 4 Bedrooms | 81 | 83 | +2.5% |
| 5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The Groveland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 45 | +4.7% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Groveland, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Groveland in April 2024, up by 4.7% month-over-month. Of the 45 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.
Days on Market for Groveland, FL
How long does it take to sell a home in Groveland, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 53 Days | +23.3% |
Summary: Homes in Groveland had an average of 53 days on market in Apr 2024, up by 23.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Groveland are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 45 homes were sold in Groveland; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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