Sales Decline in Groveton Real Estate Market

While home sales in the Groveton market have been above average, in this week's report they slid 14.8% to 23 homes sold over the last 30 days. In comparison, nearby Washington had 594 sales in the same time frame, the most of all neighboring cities. Prices are rising in Groveton, and the median sales price this period increased from $399,999 to $424,900. In spite of the decrease in sales, a low two months of inventory signals that Groveton is a definite seller's market.

You never know when the perfect home may come in the market so take a look at the new listings in Groveton:

$549K   $349K   $849K  

Get started right now by checking out Groveton homes for sale or reviewing Groveton real estate trends.

Demographic facts for Groveton:

  • This area has a median house value of $367,200.
  • Average number of rainy days is 116 per year. (U.S. average: 100)
  • The area's unemployment rate is 4.0%.
  • The students per teacher ratio in this area is 13.2:1. (15.3:1 = national average)

Data reported through 10/19/2016

Comments:

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Fathom Realty
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